Last updated
Average Rent in Birmingham 35233 & Rent Trends
Rent prices and market trends across 5 apartment communities in Birmingham 35233, Birmingham, AL. Updated daily.
Market Average
$1,831/mo
▼ 2.9% from last month
Lowest Available
$1,015/mo
cheapest unit on market
Communities
5
tracked daily
Units Listed
80
available now
Price Cuts This Week in Birmingham 35233
15 listed units across 2 buildings in Birmingham 35233 dropped their asking rent in the past 7 days, an average cut of $60/mo. These are the largest cuts, tracked unit by unit with daily price checks.
| Apartment | Unit | Last Week | Now | Cut |
|---|---|---|---|---|
| The Palmer Parkside Apartments | Unit 707, B1 | $2,799 | $2,548 | $251 |
| The Palmer Parkside Apartments | Unit 704-ADA, A3 | $2,025 | $1,899 | $126 |
| The Palmer Parkside Apartments | Unit 407, B1 | $2,574 | $2,491 | $83 |
| The Palmer Parkside Apartments | Unit 617, B1 | $2,599 | $2,516 | $83 |
| The Palmer Parkside Apartments | Unit 742, S1 | $1,837 | $1,780 | $57 |
| The Palmer Parkside Apartments | Unit 703, A3 | $2,150 | $2,099 | $51 |
| Foundry Yards | Unit 2123, A2 | $1,410 | $1,360 | $50 |
| Foundry Yards | Unit 2139, A3 | $1,533 | $1,488 | $45 |
Birmingham 35233 vs Birmingham, AL Average
Birmingham 35233 is more expensive than the Birmingham, AL average by $187/mo (11%). The citywide average is $1,644/mo across all neighborhoods.
Is Rent Going Up or Down in Birmingham 35233?
As of August 2026, the average rent in Birmingham 35233 is $1,831 per month across 5 apartment communities and 80 available units. Rents have decreased $49 (2.9%) over the past month.
The most affordable option is Foundry Yards starting at $1,015/mo. By unit type, a studio averages $1,418/mo, a 1-bedroom averages $1,807/mo, a 2-bedroom averages $2,138/mo, a 3-bedroom averages $2,851/mo.
Prices range from $1,015 to $2,902 per month. The most common price point is the $1,800 range, where 15 units are currently listed.
Birmingham 35233 Rent Price History
View as table
| Month | Avg Rent | Change | Properties |
|---|---|---|---|
| July 2026 | $1,695 | - | 5 |
| August 2026 | $1,655 | -$40 | 5 |
The trend line and monthly averages track each building's average listed price, recorded daily with outliers trimmed. The current month is a month-to-date figure, so it can sit above or below today's live market average shown at the top of this page.
Average Rent by Bedroom
Rent Price Distribution
Rent by Bedroom Type in Birmingham 35233
Rent Prices by Apartment in Birmingham 35233
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Foundry Yards | $1,015/mo | $1,533/mo | 19 | 4.1 |
| The Citizen Birmingham | $1,099/mo | $1,099/mo | 2 | 4.7 |
| Lakeview Green | $1,129/mo | $1,583/mo | 7 | 4.8 |
| 20 Midtown Apartments | $1,305/mo | $1,910/mo | 31 | 4.3 |
| The Palmer Parkside Apartments | $1,679/mo | $2,137/mo | 21 | 4.7 |
Frequently Asked Questions About Rent in Birmingham 35233
What is the average rent in Birmingham 35233?
Is rent going up or down in Birmingham 35233?
What is the cheapest apartment in Birmingham 35233?
How much is a 1-bedroom apartment in Birmingham 35233?
How many apartments are available in Birmingham 35233?
What salary do I need to live comfortably in Birmingham 35233?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$73,000/year
Based on the 30 percent rule, using our tracked average rent of $1,831/mo.
Comfortable income
$88,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,015/mo), you need to earn at least $41,000/year.
Median household income in Birmingham 35233 is $44,376 , about 50% below the comfortable-living threshold.
Cost of living in Birmingham 35233
Overall prices in Birmingham 35233 runs below the national average by about 8% (BEA Regional Price Parity index 91.8, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Birmingham 35233's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,831 |
| Utilities | $308 |
| Groceries | $511 |
| Transportation | $735 |
| Healthcare | $359 |
| Other goods and services | $574 |
| Estimated total | $4,318/mo |
Population
199,322
Median household income
$44,376
Census median rent
$1,047/mo
Rent as % of income
33.4%
Median age
35.9
Mean commute
22 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Google Search Trends for Birmingham 35233 Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Explore Birmingham 35233 Apartments
Browse all 5 communities with daily-updated pricing and availability.