Birmingham Multifamily Market Report

By CREhunt Research · Data through Q1 2026 · Aggregated from , Cushman & Wakefield, ,

Quarterly multifamily market indicators for Birmingham, aggregated by CREhunt from , Cushman & Wakefield, , . As of Q1 2026, average asking rent was — with a 13.0% vacancy rate.

QuarterAsking rentVacancyNet absorptionUnder constr.Source
Q1 202613.0%0K SF
Q4 20214.7%0K SFCushman & Wakefield
Q4 2021$1355.00/SF16.7%0K SF
Q4 20218.6%700K SF

Frequently asked questions

What is the average asking rent for multifamily space in Birmingham?
CREhunt aggregates multifamily asking-rent data for Birmingham from major brokerage market reports; see the quarterly table for the latest available figures.
What is the multifamily vacancy rate in Birmingham?
The multifamily vacancy rate in Birmingham was 13.0% as of Q1 2026.
Where does CREhunt's Birmingham market data come from?
This report aggregates quarterly multifamily market data for Birmingham from Cushman & Wakefield.