By Patience Itson
To see how Birmingham measured up in affordability, we compared the cost of renting in the Birmingham metro area with that of another metro area: Atlanta, Georgia. Here’s what we discovered.
Size vs rent
Based on findings by Rent Cafe, the average apartment size is nearly identical in Birmingham and Atlanta, but Birmingham’s average rent is over $500 lower.
Birmingham residents pay an average of $1,278 for an average 973-square-foot apartment.
Atlanta residents pay an average of $1,861 for an average 971-square-foot apartment.
There are several factors that go into the cost of rent, including unit type, size, quality as well as location. Here’s how Birmingham’s neighborhoods compare to Atlanta’s:
The most affordable neighborhood in Birmingham is Acipco – Finley, where the average rent goes for $482 per month.
The most affordable neighborhood in Atlanta is also within the inner part of the city, Atlanta University Center. The average rent there is $1,131.
In some of the priciest neighborhoods in Atlanta (Buckhead Heights and Lennox), average rents are $2,477. Compare it with Birmingham’s priciest neighborhoods being Old Mountain Brook ($1,703), Southside Birmingham ($1,714) and Belle Meade ($1,884).
Birmingham vs other Alabama cities
Wondering how rent in Birmingham compares to neighboring cities and others in Alabama? Here’s a rundown of current averages:
Center Point: $796
Vestavia Hills: $1,313
For more cities to live cheaply in Alabama, check out these stories:
What does this mean?
When it comes to cheaper housing, Birmingham is more affordable than other metro areas like Atlanta.
Looking to live in the Birmingham area? Here’s a look at the five most popular neighborhoods and their average monthly rent:
Five Points South – $1,289
Highland Park – $1,255
Downtown Birmingham – $1,295
Spring Lake – $885
Redmont Park – $1,261
For more on the modern, mobile guide to Birmingham, visit bhamnow.com