Hoover, AL
August 2026
35216,35226,35244
Long-term Rental Rates
Apartment
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,136 – $1,170 | 0.84% | -1.25% |
| 2-Bedroom | $1,260 – $1,298 | 1.47% | -2.42% |
| 3-Bedroom | $1,613 – $1,696 | -0.38% | -1.08% |
| 4-Bedroom | $2,070 – $2,176 | 0.80% | 2.76% |
Condo/Townhome
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,255 – $1,293 | 11.29% | 0.75% |
| 2-Bedroom | $1,428 – $1,538 | 4.25% | 3.62% |
| 3-Bedroom | $1,837 – $1,931 | -1.30% | 1.18% |
| 4-Bedroom | $2,119 – $2,259 | -0.37% | 3.44% |
Single-Family
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,386 – $1,428 | -0.23% | 0.81% |
| 2-Bedroom | $1,464 – $1,509 | -0.58% | 2.65% |
| 3-Bedroom | $1,948 – $2,111 | -2.93% | 1.05% |
| 4-Bedroom | $2,388 – $2,666 | -0.91% | 6.22% |
In the Hoover (35216, 35226, 35244) rental market, 1-bedroom condos saw median rent decrease by 6.2% month-over-month to $1,161, with an annual drop of 9.3%. This was the most pronounced short-term decline among all segments tracked in Hoover (35216, 35226, 35244).
While 2-bedroom single-family homes in Hoover (35216, 35226, 35244) rose 3.5% month-over-month to $1,517, 2-bedroom apartments trailed at $1,297. This $220 gap highlights stronger pricing and growth for single-family in this segment.
Growth in 4-bedroom apartments helped shape Hoover (35216, 35226, 35244) rental trends, as median rent reached $2,107 with a 2.96% year-over-year increase and 1.35% higher month-over-month. This illustrates notable upward movement for larger apartment units.