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Updated

Average Rent in Hoover, AL

13 apartment buildings, 320 units. Real asking prices, refreshed daily.

Avg Rent

$1,882/mo

market average

Cheapest

$895/mo

Chace Lake Villas

Properties

13

tracked daily

Units

320

available now

Hoover, AL Resident Access

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Analysis

Rent Price Breakdown

Compare pricing across all 13 properties in Hoover, AL.

Average Rent by Property

Starting Price vs Average

Rent by Bedroom Count

Price per Square Foot

Hoover, AL Rent Prices

All 13 properties ranked by lowest available rent.

Explore Each Property

Hoover, AL Average Rent Prices 2026

The average rent in Hoover, AL is $1,882 per month, based on 320 units across 13 apartment communities. Prices range from $895 at Chace Lake Villas to $3,450 at Fairin.

Average Rent by Bedroom Type

Type Avg Rent Starting From Units
Studio $1,398/mo $1,365/mo 7
1 Bed $1,512/mo $895/mo 86
2 Bed $1,958/mo $1,050/mo 179
3 Bed $2,333/mo $1,085/mo 48

Every price is a real asking rent, updated that morning. Request a neighborhood we don't cover and we add it within 24 hours.

Building Economics

How much do Hoover, AL apartments earn?

The 8 buildings we can estimate generate about $2.9M in rental revenue per month ($35M a year). Estimated from each building's unit-level listing and leasing activity.

Building Est. Monthly Revenue Est. Occupancy Units
1.Colina Hillside $1.4M/mo 79% 1000
2.The Oaks At Lakeshore $391K/mo 94% 277
3.Patton Crest $339K/mo 83% 174
4.Hawthorne at Wisteria $273K/mo 99% 200
5.Chace Lake Villas $218K/mo 92% 198

Research estimates from listing activity, not operator financials. Click any building for the full revenue breakdown and methodology.

Market Context

Who rents in Hoover, AL, and what they pay

Tracked one-bedroom rent in Hoover, AL averages $1,512/mo, with two-bedroom units averaging $1,958/mo. At the local median household income of $107,822, that works out to 21% of gross income, well within the 25 percent comfortable-rent threshold.

The U.S. Census Bureau's American Community Survey 2023 release pegged median gross rent in Hoover, AL at $1,404/mo. The current tracked market average runs 34% higher than that benchmark, reflecting both two to three years of rent growth and the fact that the Census figure covers all renter-occupied housing in Hoover, AL while the tracked market average covers units currently listed in larger apartment communities.

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

$75,000/year

Based on the 30 percent rule, using our tracked average rent of $1,882/mo.

Comfortable income

$90,000/year

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

To afford the cheapest tracked apartment ($895/mo), you need to earn at least $36,000/year.

Median household income in Hoover, AL is $107,822 , about 19% above 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) $1,882
Utilities $308
Groceries $511
Transportation $735
Healthcare $359
Other goods and services $574
Estimated total $4,369/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.

Compare

Nearby cities in Alabama

How Hoover, AL rent compares to other markets in the state.

City Avg Rent vs Hoover, AL Properties
Auburn, AL $1,652 -12% 21
Montgomery, AL $1,406 -25% 16
Mobile, AL $1,274 -32% 14
Birmingham, AL $1,651 -12% 12
Madison, AL $1,324 -30% 8
Decatur, AL $1,002 -47% 8

Frequently asked questions

What is the average rent in Hoover, AL?

The average rent in Hoover, AL is $1,882 per month, based on 320 units across 13 apartment buildings tracked by Average Rent. Prices are refreshed daily.

What is the cheapest apartment rent in Hoover, AL?

The lowest available rent in Hoover, AL starts at $895 per month. Availability changes daily and prices are refreshed each morning.

How much is a 1-bedroom apartment in Hoover, AL?

1-bedroom apartments in Hoover, AL average $1,512/mo. The lowest listed 1-bedroom starts at $895/mo across 86 units tracked.

How much is a 2-bedroom apartment in Hoover, AL?

2-bedroom apartments in Hoover, AL average $1,958/mo. Units start from $1,050/mo across 179 units currently listed.

Rent Trends in Hoover, AL

Track how apartment prices are changing over time.

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