City Report · AL

Hoover

Pop. 92,642·45th most expensive in Alabama·One of the most affordable rental markets in the US
Median rent (all units)
$1,378/mo
Year-over-Year
-2.7%
Month-over-Month
+2.5%
vs US Median
-$587
Rising (Monthly)
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Most AffordableMost Expensive
Hoover · $1,378
More affordable than 83% of US cities · National median $1,965/mo
Rent Reality Score
67/100
Good value
OverheatedFairGreat value

Rents are 8% below what Hoover's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$1,378/mo
Expected by trend
$1,504/mo
The Rent Reality Score compares today's median rent to where Hoover's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,270
1 BR
$1,455
2 BR
$1,610
3 BR
$2,010
4 BR+
$2,280
Research median
$1,610/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$16,536/yr
At $1,378/mo median
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (2.7% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (-2.7% YoY, +2.5% MoM), not inventory.
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Demographics

Who lives here

Hoover, AL is majority owner-occupied, has a median income above the national average, 62.6% of residents hold a bachelor's degree or higher.

Population
92,642
Median income
$109,253
Median age
38.4
Renters
28.9%
Age distribution
24.5%
20.2%
26.8%
16.6%
Under 1824.5%
18–3420.2%
35–5426.8%
55–6411.9%
65+16.6%
Gender
48.9%
51.1%
Male48.9%
Female51.1%
Race & ethnicity
68.8%
18.6%
White68.8%
Black18.6%
Hispanic4.6%
Asian5.9%
Other2%
Education (25+)
22.5%
62.6%
No HS diploma3.4%
HS diploma11.5%
Some college22.5%
Bachelor's+62.6%
Housing tenure
71.1%
28.9%
Owner71.1%
Renter28.9%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Hoover, AL has changed in 5 years

Rent
$1,078 → $1,378
up 27.8%
Income
$95,970 → $109,253
up 13.8%
Population
91,371 → 92,642
up 1.4%
Renter share
30.4% → 28.9%
-1.5 pts
Bachelor's+
58.6% → 62.6%
+4.0 pts

Five years ago, renters in Hoover, AL paid around $1,078 a month. That figure now sits near $1,378, up 27.8% from the 2021 baseline. Local incomes tracked alongside that move, going from a median of $95,970 in 2021 to $109,253 more recently. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show Hoover, AL adding about 1,271 residents over the five-year window, up 1.4% on net. The renter share has eased from 30.4% to 28.9%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 58.6% to 62.6% across the same window. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the Hoover, AL market of 2021.

Community

Discussions about Hoover

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View Hoover rent history (2015–2026) →
Salary vs rent

Can you afford rent in Hoover on your salary?

At $1,378/mo, how Hoover rent compares to typical pay (30% rule).

By apartment size

Hoover rent by bedroom count

Median rent for each apartment size in Hoover. Click any size for full breakdown.

Local insights

Tips for renters in Hoover

About renting in Hoover, AL

Last updated: July 20, 2026

The median rent in Hoover is $1,378/mo as of July 2026. A studio apartment averages $1,270/mo while a 2-bedroom runs $1,610/mo. One-bedroom apartments average $1,455/mo and 3-bedroom units go for $2,010/mo.

At 15% of local median household income ($109,253/yr), Hoover ranks as affordable compared to the national benchmark of 30%. Rents have decreased 2.7% over the past year.

FAQ

Frequently asked questions

Is Hoover an affordable city for renters?

Hoover is considered very affordable for renters. At $1,378/mo, rent takes approximately 15% of the local median household income ($109,253/yr). The standard benchmark is 30%. Hoover falls comfortably within that range.

How much income do you need to rent in Hoover?

To keep rent at or below 30% of gross income, you would need to earn at least $55,000/year (~$26/hour full-time) to afford the median rent of $1,378/mo in Hoover. The local median household income is $109,253/yr, meaning the typical Hoover household meets that threshold.

Is rent going up or down in Hoover?

Rent in Hoover has decreased 2.7% over the past year as of July 2026, offering some relief compared to 12 months ago.

Which Hoover neighborhoods have the lowest rent?

The most affordable ZIP codes in Hoover are 35244 ($1,342/mo), and 35226 ($2,013/mo). Citywide, the median rent in Hoover is $1,378/mo.

How does Hoover rent compare to other cities in Alabama?

Hoover is middle-of-the-pack for Alabama for rent, ranking #45 out of 70 tracked cities at $1,378/mo.

Which nearby cities are cheaper to rent in than Hoover?

Midfield is nearby and more affordable at $1,145/mo, which is $233 less than Hoover.

What percentage of Hoover residents rent vs. own?

According to Census data, approximately 28.9% of Hoover households are renters, while 71.1% are owner-occupied. Hoover leans toward homeownership, which can mean a smaller rental inventory.

How does Hoover rent compare to the national average?

Hoover's median rent of $1,378/mo is $587 (30%) below the US national median of $1,965/mo. Within Alabama, it ranks #45 out of 70 tracked cities.
Income Affordability
15%
VERY AFFORDABLE

At $1,378/mo, rent takes ~15% of Hoover's median household income ($109,253/yr). The standard benchmark is 30%.

Hoover 15%Benchmark 30%
State income tax2–5%
Run the Hoover affordability calculator →
Lowest-rent ZIP codes in Hoover
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Hoover, AL

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