The Cottages at Greystone
7273 Cahaba Valley Rd,
Birmingham, AL 35242
1-3 Beds | $1,499 - $2,749
Rental Market Trends in Birmingham, AL
What is the average rent in Birmingham, AL?
$1,154/month
Average Rent
743 Sq Ft
Average Apartment Size
0%
Decrease in the Last Year
As of April 2025, the average rent in Birmingham, AL is $1,154 per month. This is 27% lower than the national average rent of $1,575/month, making renting in Birmingham more affordable than most cities in the US. When you rent an apartment in Birmingham, you can expect to pay about $1,022 per month for a studio, $1,154 for a one-bedroom apartment, and around $1,266 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,565 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Birmingham, AL?
In the past year, rent has decreased by 0%, which averages out to $0 less per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated April 2025
Legend
2024
2025
Rent Ranges in Birmingham, AL
Last Updated April 2025
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
14%
Below $700/month
35%
$700 - $1,000/month
37%
$1,001 - $1,500/month
10%
$1,501 - $2,000/month
3%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Birmingham?
Based on current rent prices, Smithfield Estates, Echo Highlands and Oak Ridge Park are the most affordable neighborhoods in Birmingham.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Birmingham?
Based on current rent prices, Forest Park, Cahaba Heights and Southside are the most expensive neighborhoods in Birmingham.
Neighborhood
Average Rent
Average Sq Ft
Which Birmingham neighborhoods have the most rentals available?
The neighborhoods in Birmingham with the most apartments available are Downtown Birmingham, Midtown Birmingham and Parkside .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Birmingham, AL?
Because the average rent in Birmingham is $1,154, you’ll want to make about $3,846 per month or $46,152 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
Cost of Living
The cost of living in Birmingham, AL is 8.3% lower than the national average. Generally, housing in Birmingham is 22.9% less expensive than the national average, with rent falling between $1,022 - $1,565. You can expect to pay 2.4% less for groceries, 8.2% more for utilities, and 10.1% less for transportation.
How does Birmingham, AL compare to other nearby cities and neighborhoods?
Use the tool below to compare Birmingham, AL to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Studio
-
$1,164/month
One Bedroom
$702/month
$1,273/month
Two Bedroom
$732/month
$1,696/month
Three Bedroom
-
$1,291/month
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2025.
* Percentages may not total 100 due to rounding.