Alabama

Birmingham, AL Rental Market

Birmingham is Alabama's largest city and a growing healthcare and technology hub anchored by UAB (University of Alabama at Birmingham), one of the largest academic medical centers in the Southeast. Once defined by its steel industry legacy, Birmingham has diversified into biomedical research, financial services, and technology. Low home values relative to rent create strong gross yields, making it a compelling cash-flow market for investors.

Get a rent estimate for an address in Birmingham

Average Rent in Birmingham, AL

$1,180

per month · 2026-06

+3.2% year-over-year

Market Score

7/10

Key Facts — Birmingham, AL Rental Market

  • Average rent in Birmingham, AL:$1,180/mo
  • Median rent:$1,086/mo
  • Rent range:$575 – $2,600/mo
  • Most common rental (2 bedrooms):$1,050/mo
  • Active listings:1,200
  • Avg days to lease:33 days
  • Year-over-year change:+3.2%
  • Median home value:$185,000
  • Est. gross annual yield:7.7%
  • Data as of:2026-06

Rent by Bedroom in Birmingham, AL

Average monthly rent for each bedroom type based on current active listings in Birmingham.

Bedroom TypeAvg Rent/mo
1 Bedroom
$850/mo
2 Bedrooms
$1,050/mo
3 Bedrooms
$1,325/mo
4 Bedrooms
$1,625/mo
5 Bedrooms
$1,875/mo

Birmingham Rental Market Statistics

Key indicators from the current Birmingham, AL rental market.

Active Listings

1,200

Available now in Birmingham

Avg Days on Market

33

From list to lease

Rent per Sq Ft

$0.91

Average across listings

Avg Square Footage

1,300 sq ft

Typical rental size

Rent Range

$575 – $2,600

Min to max active listings

Year-over-Year Change

+3.2%

Avg rent vs. prior year

Investing in Birmingham, AL Rental Properties

Estimated returns based on current market rents and median home values. Perform full due diligence before investing.

Median Home Value

$185,000

Typical purchase price in Birmingham

Est. Gross Annual Yield

7.7%

Before expenses & vacancy

Avg Monthly Income

$1,180

At average market rent

Gross yield = (avg rent × 12) ÷ median home value. Does not include expenses, financing, vacancies, or management fees. Analyze a specific property in Birmingham for a full cash-flow breakdown including all costs.

Birmingham, AL Rental Market FAQ

Common questions about renting and investing in Birmingham, AL.

What is the average rent in Birmingham, AL?

The average rent in Birmingham, AL is $1,180 per month as of 2026. One-bedroom apartments average $850/mo, two-bedrooms $1,050/mo, and three-bedroom homes $1,325/mo. Trendy neighborhoods like Avondale, Crestwood, and the Lakeview district carry premiums, while Hoover and Vestavia Hills offer suburban family options.

Is Birmingham, AL a good place to invest in rental property?

Birmingham offers a 7.7% estimated gross annual yield — one of the strongest in Alabama — with a median home value near $185,000. UAB's medical campus employs tens of thousands and creates a steady professional tenant base. The market rewards investors who focus on neighborhood quality and property condition, as the city has significant variation across zip codes.

What drives rental demand in Birmingham, AL?

Birmingham's rental market is primarily driven by UAB Health, Children's of Alabama, and the broader healthcare sector, which collectively employ over 50,000 in the metro. Samford University, Birmingham-Southern, and multiple community colleges add student demand. A growing tech and startup ecosystem in the downtown core is attracting younger professionals.

Ready to Analyze a Property in Birmingham?

Get an instant rent estimate, cash-flow projection, and comparable rentals for any address in Birmingham, AL.

Analyze Now — It's Free