Last updated
Average Rent in Five Points South & Rent Trends
Rent prices and market trends across 2 apartment communities in Five Points South, Birmingham, AL. Updated daily.
Market Average
$1,466/mo
▲ +17.1% from last month
Lowest Available
$1,059/mo
cheapest unit on market
Communities
2
tracked daily
Units Listed
24
available now
Five Points South vs Birmingham, AL Average
Five Points South is more expensive the Birmingham, AL average by $86/mo (6%). The citywide average is $1,380/mo across all neighborhoods.
Is Rent Going Up or Down in Five Points South?
As of May 2026, the average rent in Five Points South is $1,466 per month across 2 apartment communities and 24 available units. Rents have increased $266 (17.1%) over the past month.
The most affordable option is Red Rock Realty Group starting at $1,059/mo. By unit type, a 1-bedroom averages $1,466/mo.
Prices range from $1,059 to $2,000 per month. The most common price point is the $1,600 range, where 11 units are currently listed.
Five Points South Rent Price History
Rent Price Distribution
Rent by Bedroom Type in Five Points South
Rent Prices by Apartment in Five Points South
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Red Rock Realty Group | $1,059/mo | $1,061/mo | 9 | 3.5 |
| Cortland Vesta | $1,500/mo | $1,709/mo | 15 | 4.5 |
Google Search Trends for Five Points South Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Frequently Asked Questions About Rent in Five Points South
What is the average rent in Five Points South?
Is rent going up or down in Five Points South?
What is the cheapest apartment in Five Points South?
How much is a 1-bedroom apartment in Five Points South?
How many apartments are available in Five Points South?
What salary do I need to live comfortably in Five Points South?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$59,000/year
30 percent rule -- using our average rent of $1,466/mo.
Comfortable income
$70,000/year
25 percent rule -- leaves more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,059/mo), you need to earn at least $42,000/year.
Median household income in Five Points South is $44,376 , about 37% below the comfortable-living threshold.
Cost of living in Five Points South
Overall prices in Five Points South runs below the national average by about 8% (BEA Regional Price Parity index 91.8, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Five Points South's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,466 |
| Utilities | $308 |
| Groceries | $511 |
| Transportation | $735 |
| Healthcare | $359 |
| Other goods and services | $574 |
| Estimated total | $3,953/mo |
Population
199,322
Median household income
$44,376
Census median rent
$1,047/mo
Rent as % of income
33.4%
Median age
35.9
Mean commute
22 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Explore Five Points South Apartments
Browse all 2 communities with daily-updated pricing and availability.