The average rent in the U.S. is $1,927, a 1% rise in the last month. By contrast, Birmingham’s average rent is $1,302, a rise of .70% in the last month.
According to the survey, the average is $93 higher than it might normally be, given historical rent patterns.
Looking at the list, Birmingham had the 18th lowest rent among 107 metro areas nationally. At the top was San Jose, Calif., where the average rent is $3,199. When calculating how much rent has increased in the last year, Birmingham ranks 32nd. Minneapolis had the lowest yearly increase. Birmingham ranked 29 among monthly increases. Augusta, Ga., at the top of the list, actually saw its average rent go down in the last month, one of only 11 cities where that happened.
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