Hoover, Alabama is a part of the North Birmingham submarket area.
The 2019 average effective rent for Class A, B, and C apartments in the Hoover, AL submarket area was $1,020, which is 17.65% higher than 2014 average rent. This represents a compounded annual growth rate of 3.30%. 2019 vacancy in Hoover, AL was 4.90%.
The total population of the city of Hoover, AL has grown 4.27% since 2010. As of 2018, the population was 85,108. The median household income of the Hoover was $84,042, which is 39.39% higher than the national average.
Submarket Area
Avg Rent
Rent Growth
Vacancy
Median Income
Population (2018)
Population Growth
Vs. Nat’l Avg
North Birmingham
$1,020
17.65%
4.90%
$84,042
85,108
4.27%
39.39%
Submarket Area North Birmingham
Avg Rent $1,020
Rent Growth 17.65%
Vacancy 4.90%
Median Income $84,042
Population (2018) 85,108
Population Growth 4.27%
Vs. Nat’l Avg 39.39%
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By providing my number and email, I agree to receive emails, text messages, and phone calls, which may be recorded unless I opt out of such communications. I understand that my consent to be contacted is not a requirement to purchase any product or service and that I can opt out at any time. Message & data rates may apply. Message frequency varies. Subscription may be canceled by texting STOP, END, QUIT, CANCEL or UNSUBSCRIBE.By submitting this form, you agree to receive personalized information. Your information is encrypted, anonymized, and will never be shared.
By providing my number and email, I agree to receive emails, text messages, and phone calls, which may be recorded unless I opt out of such communications. I understand that my consent to be contacted is not a requirement to purchase any product or service and that I can opt out at any time. Message & data rates may apply. Message frequency varies. Subscription may be canceled by texting STOP, END, QUIT, CANCEL or UNSUBSCRIBE.By submitting this form, you agree to receive personalized information. Your information is encrypted, anonymized, and will never be shared.
By providing my number and email, I agree to receive emails, text messages, and phone calls, which may be recorded unless I opt out of such communications. I understand that my consent to be contacted is not a requirement to purchase any product or service and that I can opt out at any time. Message & data rates may apply. Message frequency varies. Subscription may be canceled by texting STOP, END, QUIT, CANCEL or UNSUBSCRIBE.By submitting this form, you agree to receive personalized information. Your information is encrypted, anonymized, and will never be shared.
By providing my number and email, I agree to receive emails, text messages, and phone calls, which may be recorded unless I opt out of such communications. I understand that my consent to be contacted is not a requirement to purchase any product or service and that I can opt out at any time. Message & data rates may apply. Message frequency varies. Subscription may be canceled by texting STOP, END, QUIT, CANCEL or UNSUBSCRIBE.By submitting this form, you agree to receive personalized information. Your information is encrypted, anonymized, and will never be shared.
By providing my number and email, I agree to receive emails, text messages, and phone calls, which may be recorded unless I opt out of such communications. I understand that my consent to be contacted is not a requirement to purchase any product or service and that I can opt out at any time. Message & data rates may apply. Message frequency varies. Subscription may be canceled by texting STOP, END, QUIT, CANCEL or UNSUBSCRIBE. By submitting this form, you agree to receive personalized information. Your information is encrypted, anonymized, and will never be shared.