Rise Red Mountain
1010 Beacon Pky E,
Homewood, AL 35209
$1,615 - $3,130
1-2 Beds
Rental Market Trends in Hoover, AL
What is the average rent in Hoover, AL?
$1,060/month
Average Rent
824 Sq Ft
Average Apartment Size
-0.8%
Decrease in the Last Year
As of December 2025, the average rent in Hoover, AL is $1,060 per month. This is 35% lower than the national average rent of $1,631/month, making renting in Hoover more affordable than most cities in the US. When you rent an apartment in Hoover, you can expect to pay about $673 per month for a studio, $1,060 for a one-bedroom apartment, and around $1,262 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,474 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Hoover, AL?
In the past year, rent has decreased by 0.8%, which averages out to $8 less per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated December 2025
Legend
2024
2025
Rent Ranges in Hoover, AL
Last Updated December 2025
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
4%
$700 - $1,000/month
85%
$1,001 - $1,500/month
8%
$1,501 - $2,000/month
4%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Hoover?
Based on current rent prices, The Park at Galleria, Park Tower and Chace Lake are the most affordable neighborhoods in Hoover.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Hoover?
Based on current rent prices, Trace Crossing, The Renaissance at Galleria and Crowne are the most expensive neighborhoods in Hoover.
Neighborhood
Average Rent
Average Sq Ft
Which Hoover neighborhoods have the most rentals available?
The neighborhoods in Hoover with the most apartments available are Park Tower, The Park at Galleria and The Renaissance at Galleria .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Hoover, AL?
Because the average rent in Hoover is $1,060, you’ll want to make about $3,533 per month or $42,396 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Hoover, AL compare to other nearby cities and neighborhoods?
Use the tool below to compare Hoover, AL to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Studio
-
-
One Bedroom
-
-
Two Bedroom
-
-
Three Bedroom
-
-
Nearby City Rent Trends
Apartment communities in Hoover we think you'll love
Property Management Companies in Hoover, AL
Arlington Properties
-
119
Communities
-
28,887
Units
-
73
Cities
11 Communities in Hoover
Hawthorne Residential Partners
-
250
Communities
-
58,611
Units
-
109
Cities
4 Communities in Hoover
MAA
-
289
Communities
-
100,642
Units
-
115
Cities
3 Communities in Hoover
Two Coast Living
-
92
Communities
-
28,010
Units
-
79
Cities
3 Communities in Hoover
S & S Property Management
-
39
Communities
-
4,821
Units
-
22
Cities
3 Communities in Hoover
Abbey Residential, LLC
-
30
Communities
-
11,215
Units
-
14
Cities
3 Communities in Hoover
Dasmen Residential LLC
-
24
Communities
-
6,121
Units
-
8
Cities
3 Communities in Hoover
Willow Bridge
-
718
Communities
-
198,590
Units
-
339
Cities
2 Communities in Hoover
Learn More with Helpful Articles
Rental management, simplified
Our all-in-one suite of property manangement software makes the rental process easy. Screen tenants, manage payments, and more – all on Apartments.com
Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in November 2025.
* Percentages may not total 100 due to rounding.