On average, listings lease in the $20's per square foot per year. The Birmingham submarket is experiencing a decrease in rates. In the last 3 months, the median rate fell $2 per sqft per year. That's a 8% decline in rent.
Compared to the rest of the Birmingham market, the Birmingham region has less expensive rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 103 listings have been posted online, so you'll want to check back regularly for new listings. About 5% of the available leases in the Birmingham are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 4,000 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this market are approximately 2 floors. Most buildings in this area were built in 1979 and are Class B.