RentData

Average Rent in Birmingham, AL Rents rising 1.8% YoY🔺 Most expensive in AL

HUD FY2025 · Official government data · Updated annually · Metro pop. 1,181,432

Data review: HUD FY2025Sources: HUD, Zillow, CensusMethodologyEditorial standardsReport a correction

Market Overview

Birmingham, AL has rental prices ranging from $998/month to $1,791/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $1,144/month — 18% below the national average of $1,400/month. With a median household income of $69,627/year, spending $1,144/month on a 1-bedroom represents 20% of gross income — within the recommended 30% threshold.

How Birmingham Compares

With an average 2-bedroom rent of $1,267/month, Birmingham ranks #1 most expensive of the 58 cities tracked in Alabama — pricier than 85% of all US cities in our data.

The Birmingham Rental Market

The Birmingham, AL area has a population of about 1,181,432 and 29% of households renting rather than owning. That renter share runs below the US average of ~34%, a more homeowner-heavy market where rental inventory can be limited.

Rent Trends

2-bedroom rents in Birmingham, AL have risen by $22/month (1.8%) over the past year, from $1,245 to $1,267. Rents have remained relatively stable year over year, indicating a balanced rental market in the area.

Affordability

To afford a 1-bedroom apartment in Birmingham, AL without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $45,760. The local median household income of $69,627 exceeds that threshold by $23,867, making Birmingham relatively accessible compared to local wages.

Rent vs. Buy

The median home value in Birmingham, AL is $137,701, giving a price-to-rent ratio of 9.1. The break-even point between renting and buying is roughly 9 years — renting offers more flexibility for shorter stays, while buying makes more sense for long-term residents.

Neighborhoods

Home values — and by extension rent levels — vary significantly across Birmingham's neighborhoods. Among the highest-value areas are Fairmont ($42,657 median home value), Central Pratt ($48,889 median home value), Collegeville ($51,281 median home value). Rental prices typically follow home value patterns, with premium neighborhoods commanding higher rents than outer areas. Renters on a tighter budget may find better value in less central neighborhoods or in adjacent metros with lower overall rent levels.

Fair Market Rents

HUD FY2025
Studio
$998
Affordable
1 Bedroom
$1,144
Affordable
2 Bedrooms
$1,267
1.8% YoY
Affordable
3 Bedrooms
$1,583
Affordable
4 Bedrooms
$1,791
Average
🔔
Get Rent Alerts
Be notified when rents change in Birmingham
Median Home Value
$137,701
Source: Zillow ZHVI
Est. monthly payment
$733/mo
20% down · 30yr · 7%

Is Birmingham, AL Affordable?

Income needed to rent or buy, price history, and how this city compares to nearby metros.

Affordability Index(30% income rule)

To rent a 2BR
$50,680/year
Local median income: $69,627
To buy a median home
$29,316/year
US national median: $75,000
💡 Based on a 2BR rent of $1,267/month and 20% down on a $137,701 home at 7% rate.

Nearby Cities in ALlargest metros in the state

CityStudio1BR2BR3BRHome Value
Huntsville$928$1,071$1,248$1,609
Washington County$810$908$1,092$1,435
Mobile$812$908$1,094$1,441
Montgomery$848$888$1,055$1,345
Columbus$883$937$1,108$1,463
Greene County$813$819$1,074$1,294

Rent or Buy in Birmingham?

Break-even analysis and mortgage estimates based on local market data.

Should I Rent or Buy?

Break-even analysis using real Birmingham data

$
Home Value
$137,701
2BR Rent
$1,267/mo
Mortgage Rate
7%
Monthly P&I
$733/mo
🏠 Buy

Buying breaks even after 1 year — worth it if you stay 1+ years.

Total monthly buy cost: $1,014/movs rent: $1,267/mo
Estimates only. Excludes HOA, PMI (if <20% down), closing costs, and tax benefits. Assumes 5% return on invested down payment.

Mortgage Calculator

Estimate monthly payment for $137,701 home at 7% rate

20% — $27,540
3%50%
Estimated Monthly Payment
$733
per month · 30 years · 7% APR
Loan Amount
$110,161
Total Paid
$263,845
Total Interest
$153,684
Estimated only. Excludes taxes, insurance, HOA. Rate from FRED.

Living in Birmingham

Cost of living, job market, crime rates, and moving cost estimates.

Moving Cost Estimator

Estimate your moving costs based on FMCSA public mover data

Select your origin state to see the estimate

Estimates based on FMCSA average mover rates. Get at least 3 binding quotes from licensed movers. Protect your move →

Frequently Asked Questions

Explore More

🏘️Neighborhoods in Birmingham

Compare rent & home prices by neighborhood

⚖️Rent vs Buy in Birmingham

Is it cheaper to rent or buy here?

💵Rent Affordability in Birmingham

Salary needed to afford rent here

🗺️All Cities in AL

See how Birmingham ranks statewide

⚖️Compare Birmingham

Side-by-side rent & cost of living with any city

📋AL Tenant Rights

Deposit limits, eviction laws & renters protections