birmingham Multifamily Market Report
By CREhunt Research · Data through Q3 2025 · Aggregated from Matthews
Quarterly multifamily market indicators for birmingham, aggregated by CREhunt from Matthews. As of Q3 2025, average asking rent was $1,300.00/unit/mo and vacancy was 13.0%, per Matthews.
Projected current multifamily pricing — birmingham
Projected asking rent
$1,300/unit/mo
Estimated sale value
$100,821–$126,026/unit
Modeled estimate (income approach) shown as a range — not an appraisal. Projected asking rent × occupancy × net-operating-income margin band ÷ market cap rate, from Q3 2025 Matthews data (cap rate 7.0%, asking rent held flat). Assumes ~87% occupancy and a 52–65% net-operating-income margin.
| Quarter | Asking rent | Vacancy | Net absorption | Under constr. | Source |
|---|---|---|---|---|---|
| Q3 2025 Matthews | $1,300.00/unit/mo | 13.0% | — | — | Matthews |
Frequently asked questions
- What is the average asking rent for multifamily space in birmingham?
- As of Q3 2025, the average asking rent for multifamily space in birmingham was $1,300.00/unit/mo, per Matthews.
- What is the multifamily vacancy rate in birmingham?
- The multifamily vacancy rate in birmingham was 13.0% as of Q3 2025 (Matthews).
- Where does CREhunt's birmingham market data come from?
- This report aggregates quarterly multifamily market data for birmingham from Matthews.
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