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111 Cheap Apartments for rent in Birmingham, AL

Last updated September 19 at 7:03pm UTC
720 83rd St S
South Eastlake
Birmingham, AL
Updated September 19 at 7:03pm UTC
2 Bedrooms
$650
1700 58th Street West
Green Acres
Birmingham, AL
Updated September 19 at 12:31pm UTC
2 Bedrooms
$725
5617 Terrace Q
Central Park
Birmingham, AL
Updated September 19 at 12:29pm UTC
3 Bedrooms
$750
941 Parkway Drive
Roebuck
Birmingham, AL
Updated September 19 at 12:29pm UTC
3 Bedrooms
$700
4208 40TH CT
Inglenook
Birmingham, AL
Updated September 19 at 5:13am UTC
3 Bedrooms
$775
946 48th St N
South Woodlawn
Birmingham, AL
Updated September 18 at 6:36pm UTC
3 Bedrooms
$600
544 Biscayne Dr
South Roebuck
Birmingham, AL
Updated September 18 at 1:18pm UTC
3 Bedrooms
$750
618 80th Pl S
South Eastlake
Birmingham, AL
Updated September 18 at 1:13pm UTC
3 Bedrooms
$725
921 Woodward Road
Birmingham
Birmingham, AL
Updated September 18 at 1:12pm UTC
2 Bedrooms
$665
4509 40th Pl N
Inglenook
Birmingham, AL
Updated September 19 at 12:32pm UTC
2 Bedrooms
$625
848 Vanderbilt St
South Eastlake
Birmingham, AL
Updated September 18 at 1:12pm UTC
3 Bedrooms
$725
1823 43rd Street
Central Park
Birmingham, AL
Updated September 19 at 12:37pm UTC
4 Bedrooms
$750

September 2018 Birmingham Rent Report

Welcome to the September 2018 Birmingham Rent Report. Birmingham rents declined over the past month. In this report, we'll evaluate trends in the Birmingham rental market, including comparisons to similar cities nationwide.

View full Birmingham Rent Report
Rent Report
Birmingham

September 2018 Birmingham Rent Report

Welcome to the September 2018 Birmingham Rent Report. Birmingham rents declined over the past month. In this report, we'll evaluate trends in the Birmingham rental market, including comparisons to similar cities nationwide.

Birmingham rents held steady over the past month

Birmingham rents have declined 0.1% over the past month, but are up slightly by 1.5% in comparison to the same time last year. Currently, median rents in Birmingham stand at $810 for a one-bedroom apartment and $940 for a two-bedroom. Birmingham's year-over-year rent growth leads the state average of 0.6%, as well as the national average of 1.0%.

Birmingham rents more affordable than many large cities nationwide

As rents have increased slightly in Birmingham, large cities nationwide have seen rents grow more quickly. Birmingham is still more affordable than most large cities across the country.

  • Birmingham's median two-bedroom rent of $940 is below the national average of $1,180. Nationwide, rents have grown by 1.0% over the past year compared to the 1.5% rise in Birmingham.
  • While Birmingham's rents rose slightly over the past year, some cities nationwide saw decreases, including Seattle (-2.4%) and Minneapolis (-0.5%).
  • Renters will find more reasonable prices in Birmingham than most large cities. For example, San Francisco has a median 2BR rent of $3,100, which is more than three times the price in Birmingham.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.