The typical asking rate per listing is in the $10's per square foot per year. The Birmingham region is going through a decrease in rates. In the last 3 months, the median rate fell $5 per sqft per year. That's a 21% decline in rent.
Compared to the rest of the Birmingham market, the Birmingham submarket has lower rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 105 listings have been listed, so you'll want to check back regularly for new listings. About 140% of the listings in the Birmingham are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 3,200 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this region are close to 2 floors. Most buildings in this region were built in 1970 and are Class B.