Is Birmingham, AL a good place to invest in rental property?

Birmingham, AL has a median modeled monthly cash flow of $-7 and a median cap rate of 6.2%, on a median sold price of $182,950. Prices changed -0.8% year over year.

What is the average cap rate in Birmingham, AL?

The median cap rate across recently sold homes in Birmingham, AL is 6.2%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Birmingham, AL?

The median sold price in Birmingham, AL is $182,950 (about $118 per square foot).

Investing in Birmingham, AL Real Estate

A data-driven snapshot of the Birmingham, AL rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$182,950Median sold price

$118Median $/sqft

6.2%Median cap rate

$-7Modeled cash flow / mo

-0.8%Appreciation YoY

9.6Months of supply

1,702Active listings

2,132Sold (last 12 mo)

What the Birmingham numbers say

In Birmingham, AL, the median home sold for $182,950 (about $118 per square foot), and the typical deal models out to a 6.2% cap rate with a median $-7 of monthly cash flow. Sold prices moved -0.8% over the past year. Inventory sits at about 9.6 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Alabama markets to compare

See Birmingham cash-flowing listings

CashFlowRE ranks every for-sale home in Birmingham, AL by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Birmingham deals, or browse the national market data.