MARKET SNAPSHOT Birmingham q3 2025

Market Overview

‍In Q3 2025 the Birmingham market showed tentative signs of recovery, with average rent at $1,247 and absorption totaling 1,043 units year-to-date, an improvement from prior quarters. Vacancy remained elevated at 88.4 percent but the construction pipeline shrank significantly, down to its lowest level since 2020, suggesting supply conditions may soon improve.

‍About MMG

‍MMG Real Estate Advisors is a U.S.-based multifamily research and advisory firm specialising in metro-level rental-housing markets. Their Birmingham Q3 2025 market report compiles trends in rent levels, occupancy, absorption, deliveries and pipeline activity to help owners, developers and investors assess timing and strategic positioning. To read the full report, click here.