Birmingham’s popularity as a rental destination could lead to a tight market, experts say

  • 📰 aldotcom
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 68%

United States News News

United States United States Latest News,United States United States Headlines

The Birmingham metro area is becoming more popular as a destination for renters, which could have consequences for those seeking to lease a home, a recent report suggests.

Birmingham is the 19th most sought-after rental destination in the U.S. and the 6th most sought-after destination in the south according to theThis could mean a harder time finding a place to rent, according to Bennie Waller, a William Cary Hulsey faculty fellow in the Culverhouse College of Business at The University of Alabama.

Since this time last year, Birmingham has risen 18 positions in the RentCafe rankings. This sudden interest can be contributed to the city’s rent increase percentages staying consistently lower than the national average, Waller said. “The rents have gone up, but they have gone up at a much slower rate over time,” Waller said in a recent press release from the Alabama Center for Real Estate .

If you purchase a product or register for an account through one of the links on our site, we may receive compensation. By browsing this site, we may share your information with our social media partners in accordance with our

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 82. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines