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Rental Market Trends in Hoover, AL

Updated July 2026

The average rent in Hoover, AL is $1,081/month.

Rent in Hoover is 35% lower than the national average rent of $1,662/month, making this one of the less expensive cities statewide.

$1,081/month

Average Rent

825 Sq Ft

Average Size

+1.8%

Change / Year

2,345

Available Apartments

Hoover rent varies by unit size and layout:

  • Studio apartments in Hoover average $673 per month.
  • One-bedroom apartments in Hoover average $1,081 per month.
  • Two-bedroom apartments in Hoover average $1,275 per month.
  • Three-bedroom apartments in Hoover average $1,500 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$673/month
427 Sq Ft
One Bedroom
$1,081/month
825 Sq Ft
Two Bedroom
$1,275/month
1,167 Sq Ft
Three Bedroom
$1,500/month
1,418 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Two Bedroom
$1,670/month
956 Sq Ft
Three Bedroom
$2,085/month
1,064 Sq Ft
Four Bedroom
$2,913/month
1,902 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Two Bedroom
$1,650/month
390 Sq Ft
Three Bedroom
$1,937/month
794 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Two Bedroom
$1,993/month
538 Sq Ft
Three Bedroom
$2,135/month
591 Sq Ft
View Hoover Apartments

How much has average rent changed in Hoover, AL?

In the past year, rent has increased by 1.8%, which averages out to $20 more per month.

Market Trends Over Time

July 2026

2025 2026
Market Trends Over Time

Rent Ranges in Hoover, AL

July 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Hoover, AL
Percentage*
Rent Range
0% Below $700/month
4% $700 - $1,000/month
85% $1,001 - $1,500/month
7% $1,501 - $2,000/month
4% Above $2,000/month

Rent by Neighborhood

  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Hoover?

Based on current rent prices, Hoover/Vestavia Hills is the most affordable neighborhood in Hoover.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Hoover/Vestavia Hills
$1,430/month
802 Sq Ft

What are the most expensive neighborhoods in Hoover?

Based on current rent prices, Hoover/Vestavia Hills is the most expensive neighborhood in Hoover.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Hoover/Vestavia Hills
$1,430/month
802 Sq Ft

Which Hoover neighborhoods have the most rentals available?

The neighborhood in Hoover with the most apartments available is Hoover/Vestavia Hills .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Hoover/Vestavia Hills
$1,430/month
802 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Hoover, AL?

Because the average rent in Hoover is $1,081, you’ll want to make about $3,603 per month or $43,236 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.

City

Hoover, AL

2,345 Available Apartments for Rent

Search for Nearby Apartments

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.

View the Hoover Area Guide

Apartment Averages

Hoover/Vestavia Hills

Hoover, AL

Hoover/Vestavia Hills

Hoover, AL

Studio
$797/month
$797/month
One Bedroom
$1,104/month
$1,104/month
Two Bedroom
$1,296/month
$1,296/month
Three Bedroom
$1,536/month
$1,536/month
View Rentals
View Rentals

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • Vestavia

    Vestavia

  • Vestavia Hills

    Vestavia Hills

  • Homewood

    Homewood

Apartment Communities in Hoover We Think You'll Love

The Whitby Birmingham

The Whitby Birmingham

120 Whitby Ln,
Birmingham, AL 35242

1-3 Beds | $1,499 - $3,600

Park at Hoover

Park at Hoover

2135 Centennial Dr,
Hoover, AL 35216

Studio - 3 Beds | $660 - $1,399

Apex Hoover

Apex Hoover

2250 Little Valley Rd,
Hoover, AL 35216

1-3 Beds | $1,025 - $1,420

Riverchase Landing Apartments

Riverchase Landing Apartments

200 River Haven Cir,
Hoover, AL 35244

1-3 Beds | $1,040 - $1,807

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Frequently Asked Questions

What is the average rent in Hoover?

The average rent in Hoover is $1,081 per month, which is 35.0% lower than the national average of $1,662.

What is the average rent for a house in Hoover?

The average rent for a house in Hoover, AL is $2,085 per month.

What is the average rent for a townhome in Hoover?

The average rent for a townhome in Hoover, AL is $1,993 per month.

Are rents going up or down in Hoover?

Rents in Hoover, AL are increasing, with prices up 1.8% year-over-year and $20 more per month.

What rent range is most common in Hoover?

In Hoover, AL, 85% of apartments fall between $1,001 - $1,500/month, though prices may vary depending on location and other factors.

United States Alabama Hoover Rental Trends

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 June 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity