Rental market snapshot for Hoover, Alabama

Hoover, Alabama Rental Property Market Overview

Hoover, Alabama is a vibrant city located in the Birmingham metropolitan area. According to the US Census, the population of Hoover in 2021 is 92,589, making it the second largest city in the state of Alabama. The city is known for its excellent schools, parks, and recreational activities, as well as its diverse economy and thriving business community. Hoover is also home to the Riverchase Galleria, one of the largest shopping malls in the Southeast. With its strong sense of community and abundance of amenities, Hoover is a great place to live and work.

The average rent for an apartment in Hoover is $2,028. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has increased by 1.9% over the past year.

Last Updated January 31, 2023

Average monthly rent graph in Hoover Alabama | Cost of Living

  • The most expensive ZIP Code in Hoover is 35216 with an average price of $2,695
  • The cheapest ZIP Code in Hoover is 35244 with an average price of $1,353

Hoover ZIP Codes with the highest, most expensive rent

#zip codeaverage rent
135216$2,695
235226$1,723
335244$1,353

Live near Hoover, Alabama's Top Sights and Attractions

Veterans Park is a beautiful outdoor space that honors the brave men and women who have served in the United States Armed Forces. It features a large memorial wall with the names of local veterans, a reflecting pool, and a flagpole with a large American flag. There are also several monuments and sculptures that commemorate different branches of the military. The park also includes a walking trail, picnic areas, and a playground for children.

Army Recruiting Hoover is a military recruitment center located in a bustling suburb of Alabama. The center offers a variety of services to those interested in joining the United States Army, including information sessions, physical fitness tests, and enlistment processing. The center also hosts a variety of events throughout the year, such as job fairs and open houses, to help potential recruits learn more about the Army and the opportunities it offers.

Hoover East Park is a large outdoor recreational area located in a suburban area. It features a variety of activities for visitors of all ages, including a large playground, walking trails, a fishing pond, and a disc golf course. There is also a picnic area with grills and tables, as well as a pavilion for larger gatherings. The park also has a large open field for sports and other activities, and a concession stand for snacks and refreshments.

Hoover Central Park is a large outdoor recreation area located in a suburban area. It features a variety of activities, including walking trails, a playground, a lake, and a disc golf course. The park also has a pavilion, picnic tables, and grills for visitors to use. There are also several sports fields, including baseball, softball, and soccer fields. The park is a popular spot for families and friends to gather and enjoy the outdoors.

Inverness Park is a beautiful outdoor area located in Hoover, Alabama. It features a large lake with a walking trail around it, as well as a playground, picnic area, and a pavilion. There are also several sports fields, including baseball, softball, and soccer, as well as a disc golf course. The park is a great place to spend the day with family and friends, enjoying the outdoors and the many activities available.

Howard Lake House is a historic mansion located in a picturesque setting. It was built in the early 1900s and is a two-story, Colonial Revival-style home. The house is surrounded by a large lake and is surrounded by lush gardens and trees. Inside, visitors can explore the grand foyer, formal dining room, and library. The house also features a large porch, perfect for relaxing and taking in the views. The grounds also include a gazebo, walking trails, and a playground.

Hoover West Park Shades Mountain Park is a scenic outdoor attraction located in the foothills of the Appalachian Mountains. The park features a variety of hiking trails, picnic areas, and a lake with a beach. There are also playgrounds, a disc golf course, and a nature center. The park is home to a variety of wildlife, including deer, foxes, and wild turkeys. The park also offers a variety of educational programs and activities, such as bird watching, nature photography, and guided hikes.

Lovers Leap is a scenic overlook located atop a cliff in Hoover, Alabama. The overlook offers stunning views of the surrounding area, including the Cahaba River and the nearby city skyline. Visitors can take in the breathtaking views from the observation deck, or take a short hike to the top of the cliff. The area is also home to a variety of wildlife, including birds, deer, and other animals.

Ross Bridge Historical Park is a scenic park located in the suburbs of Alabama. It features a picturesque lake, a golf course, and a walking trail that winds through the park. The park is home to a historic bridge, built in the early 1800s, which is the longest sandstone arch bridge in the world. The park also features a variety of wildlife, including deer, ducks, and other birds. Visitors can also enjoy a picnic or take a leisurely stroll through the park.

Sertoma Park is a popular outdoor destination located in Hoover, Alabama. It features a variety of recreational activities, including a playground, walking trails, picnic areas, and a large lake. The park also has a disc golf course, a skate park, and a dog park. The lake is stocked with fish, making it a great spot for fishing. The park also has a pavilion, which can be rented for special events.

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Hoover, Alabama area median rent change by ZIP Code map

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How does Hoover compare to other cities in Alabama ?

citymedian price
Daphne$1,695
Vance$1,595
Vance$1,595
Mobile$984
Calera$1,535
Hoover$2,195
Springville$1,475
Birmingham$1,200

Average household income in Hoover area graph - US Census

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The median household income in Hoover in 2021 was $92,984. This represents a 22.6% change from 2011 when the median was $75,831.

#categorypercent
0Less than $10,0002.6%
1$10,000 to $14,9992.3%
2$15,000 to $19,9992.3%
3$20,000 to $24,9992.8%
4$25,000 to $29,9993.0%
5$30,000 to $34,9993.4%
6$35,000 to $39,9993.8%
7$40,000 to $44,9992.7%
8$45,000 to $49,9992.4%
9$50,000 to $59,9996.2%
10$60,000 to $74,9998.6%
11$75,000 to $99,99913.6%
12$100,000 to $124,99910.7%
13$125,000 to $149,9999.3%
14$150,000 to $199,99910.3%
15$200,000 or more16.0%

Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

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Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.
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