The multifamily market in Alabama is experiencing steady growth and moderate demand, particularly in urban centers such as Birmingham and Huntsville. This growth is driven by a strong job market and population growth, which has resulted in low vacancy rates and stable rental rates for multifamily properties
Based on 88% of the capital invested in Alabama multifamily assets originating from out of state and a 23% Avg $/Unit increase due to this extra activity, Alabama is a good market to invest in. To get this information in a one-page summary, click here.
