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Average Rent in Hoover, AL & Rent Trends

Rent prices and market trends across 10 apartment communities in Hoover, AL. Updated daily.

Market Average

$2,344/mo

▼ 8.1% from last month

Lowest Available

$1,085/mo

cheapest unit on market

Communities

10

tracked daily

Units Listed

45

available now

Rent by Neighborhood in Hoover, AL

Compare average rent across Hoover, AL neighborhoods. Click any area to see detailed trends.

Neighborhood Avg Rent From Properties Units
Hoover 35243 $3,450 $3,450 1 1
Bluff Park $2,337 $1,845 1 29
Hoover 35244 $1,923 $895 3 230
Hoover 35209 $1,560 $1,325 1 18
Hoover 35216 $1,438 $1,085 6 37
Hoover 35124 $1,240 $1,240 1 1

Is Rent Going Up or Down in Hoover, AL?

As of July 2026, the average rent in Hoover, AL is $2,344 per month across 10 apartment communities and 45 available units. Rents have decreased $155 (8.1%) over the past month.

The most affordable option is The Benton starting at $1,085/mo. By unit type, a 3-bedroom averages $2,344/mo.

Prices range from $1,085 to $3,050 per month. The most common price point is the $2,800 range, where 16 units are currently listed.

Hoover, AL Rent Price History

Window

Rent Price Distribution

Rent by Bedroom Type in Hoover, AL

3 Bed
$2,344
from $1,085 · 45 units

Rent Prices by Apartment in Hoover, AL

Property Starting at Average Units Rating
The Benton $1,085/mo $1,318/mo 2 4.3
The Ridgely $1,329/mo $1,329/mo 1 3.1
Berry Falls $1,399/mo $1,509/mo 8 3.9
Apex Hoover $1,475/mo $1,475/mo 1 3.8
Hawthorne at Wisteria $1,500/mo $1,500/mo 1 4.5
Chace Lake Villas $1,725/mo $1,725/mo 1 4.3
The Oaks At Lakeshore $1,810/mo $1,868/mo 2 4.1

Frequently Asked Questions About Rent in Hoover, AL

What is the average rent in Hoover, AL?

The average rent in Hoover, AL is $2,344 per month as of July 2026, based on 45 units across 10 apartment communities.

Is rent going up or down in Hoover, AL?

Rent in Hoover, AL has decreased $155 (8.1%) over the past month. The current average is $2,344/mo.

What is the cheapest apartment in Hoover, AL?

The most affordable apartment in Hoover, AL is The Benton with units starting at $1,085/mo.

How many apartments are available in Hoover, AL?

There are 45 units available across 10 apartment communities in Hoover, AL.

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

Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.

Minimum to afford average rent

$94,000/year

Based on the 30 percent rule, using our tracked average rent of $2,344/mo.

Comfortable income

$113,000/year

Based on the 25 percent rule, leaving more room for savings, transport, and groceries.

To afford the cheapest tracked apartment ($1,085/mo), you need to earn at least $43,000/year.

Median household income in Hoover, AL is $107,822 , about 4% below the comfortable-living threshold.

Cost of living in Hoover, AL

Overall prices in Hoover, AL runs below the national average by about 8% (BEA Regional Price Parity index 91.8, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Hoover, AL's regional price parities.

Category Monthly estimate
Rent (market average) $2,344
Utilities $308
Groceries $511
Transportation $735
Healthcare $359
Other goods and services $574
Estimated total $4,831/mo

Population

92,401

Median household income

$107,822

Census median rent

$1,404/mo

Rent as % of income

29.0%

Median age

38.3

Mean commute

25 min

Methodology

Rent data

Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.

Cost of living

Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.

Salary to live comfortably

Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.

Demographic figures

Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.

Cost of living and demographic figures were last published in 2023.

Explore Hoover, AL Apartments

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