The Cottages at Greystone
7273 Cahaba Valley Rd,
Birmingham, AL 35242
1-3 Beds | $1,499 - $3,099
Rental Market Trends in Birmingham, AL
What is the average rent in Birmingham, AL?
$1,135/month
Average Rent
748 Sq Ft
Average Apartment Size
-0.4%
Decrease in the Last Year
As of December 2024, the average rent in Birmingham, AL is $1,135 per month. This is 27% lower than the national average rent of $1,560/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 $1,006 per month for a studio, $1,135 for a one-bedroom apartment, and around $1,252 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,575 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 0.4%, which averages out to $4 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 December 2024
Legend
2023
2024
Rent Ranges in Birmingham, AL
Last Updated December 2024
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
16%
Below $700/month
34%
$700 - $1,000/month
37%
$1,001 - $1,500/month
11%
$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 Killough Springs 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, Southside and Cahaba Heights 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 $1,135, you’ll want to make about $3,783 per month or $45,396 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.
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
-
$1,154/month
One Bedroom
$691/month
$1,183/month
Two Bedroom
$717/month
$1,734/month
Three Bedroom
-
$1,414/month
Nearby City Rent Trends
Apartment communities in Birmingham we think you'll love
Property Management Companies in Birmingham, AL
H2 Real Estate
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25
Communities
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838
Units
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2
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24 Communities in Birmingham
Arlington Properties
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105
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25,250
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SPM Property Management
-
56
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-
8,374
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37
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MAA
-
282
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-
99,238
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-
115
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5 Communities in Birmingham
Engel Realty Company
-
16
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-
2,205
Units
-
7
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4 Communities in Birmingham
RAM Partners
-
276
Communities
-
72,705
Units
-
157
Cities
3 Communities in Birmingham
Arbour Valley Communities
-
33
Communities
-
4,654
Units
-
24
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3 Communities in Birmingham
S & S Property Management
-
41
Communities
-
4,818
Units
-
21
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3 Communities in Birmingham
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Methodology
† 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.
* Percentages may not total 100 due to rounding.