Most listings are in the $30's per square foot per year. The Homewood submarket is seeing a a rise in rates. In the last 3 months, the median rate went up $30 per sqft per year.
Compared to the rest of the Birmingham market, the Homewood region has greater rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 26 listings have been made available, which means new listings might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 138% of the available leases in the Homewood are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 4,950 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this market are around 2 floors. Most buildings in this area were built in 1979 and are Class A.