The typical asking rate per listing is in the $30's per square foot per year. The Homewood region is seeing a a boost in rates. In the last 3 months, the median rate rose $2 per sqft per year. That's a 6% increase in rent.
Compared to the rest of the Birmingham market, the Homewood submarket has greater rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 22 listings have been posted online, which means spaces most likley are going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 9,730 sqft, there are still 0 leases below 2,000 sqft. Most properties in this area are around 2 floors. Most buildings in this region were built in 1980 and are Class A.