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These days, finding an affordable place to live in the Birmingham area can be challenging. Home prices in Birmingham are now at a median cost of $295,496, higher than the Ohio average of $236,816.
The average cost of rent is $1,305/mo in Birmingham, primarily driven by the current value of real estate in the Birmingham area. In Birmingham, 13.37% of households rent, and 52.98% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Birmingham is $8,787 per month. Households that rent pay about 14.85% of their income on rent here. Birmingham’s most expensive areas are in the central regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Henrietta, OH: equally priced homes
- Kipton, OH: less expensive homes
- Wakeman, OH: less expensive homes
- Berlin Heights, OH: less expensive homes
- Berlinville, OH: less expensive homes
- Vermilion, OH: less expensive homes
- South Amherst, OH: less expensive homes
- East Townsend, OH: less expensive homes
- Oberlin, OH: less expensive homes
- Shinrock, OH: less expensive homes
Cities with Similar Populations
- Hopland, CA: higher priced homes
- Alda, NE: less expensive homes
- Winter Park, CO: higher priced homes
- Bennington, OK: less expensive homes
- Anita, IA: less expensive homes
- Indian Mills, NJ: higher priced homes
- West Salem, IL: less expensive homes
- Solon, ME: less expensive homes
- Hereford, PA: higher priced homes
- Hosford, FL: less expensive homes
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