Expensive
Affordable
Affordable
Colorblind friendly
off
These days, finding an affordable place to live in the Hoover area can be challenging. Home prices in Hoover are now at a median cost of $176,240, lower than the Indiana average of $232,932.
The average cost of rent is $683/mo in Hoover, primarily driven by the current value of real estate in the Hoover area. In Hoover, 20.93% of households rent, and 40.96% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Hoover is $4,946 per month. Households that rent pay about 13.81% of their income on rent here. Hoover’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Mexico, IN: less expensive homes
- New Waverly, IN: equally priced homes
- Twelve Mile, IN: equally priced homes
- Lewisburg, IN: equally priced homes
- Ridgeview, IN: less expensive homes
- Perrysburg, IN: equally priced homes
- Metea, IN: equally priced homes
- Peru, IN: less expensive homes
- Nead, IN: equally priced homes
- Onward, IN: less expensive homes
Cities with Similar Populations
- Stoneham, ME: higher priced homes
- St. Catharine, KY: higher priced homes
- St. Clement, MO: equally priced homes
- St. Xavier, MT: higher priced homes
- Stannard, VT: higher priced homes
- Starkville, CO: higher priced homes
- Starkville, NY: equally priced homes
- Steptoe, WA: higher priced homes
- Stockdale, IN: higher priced homes
- Squapan, ME: less expensive homes
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren’t able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood