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Birmingham, Alabama’s multifamily rent growth turns negative towards year’s end

After a glimmer of hope in late 2024, rents have fallen over the past year
CoStar Analytics
October 7, 2025 | 2:19 P.M.

Demand for multifamily units in Birmingham, Alabama, has been strong as quarterly net absorption in the third quarter of this year was the highest since 2021 and has been mostly positive since the start of 2023.

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