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531 PARK TERRACE

📍 531 Park Terrace, Hoover, AL 35226

Monthly Rent

$600 – $6,950

Bedrooms

3 bd

Bathrooms

2 ba

Sq Feet

1892 sq ft

Updated 10 days ago

📋 Property Overview

531 PARK TERRACE, in Hoover, Alabama, has 3 bd and 2 ba. The floor plan measures 1892 sq ft. Rents run from $600 to $6,950 a month. Inside, the home includes recently renovated, fireplace, patio / balcony and hardwood floors. The building offers garage and parking. Pets are allowed. Parking on site includes surface lot. The Walk Score here is 18, meaning most errands need a car. Rent sits 56% below the area median ($1,350).

🚶 Getting Around

  • Walk Score18/100

    Car-Dependent

3 bedroom · typical rent nearby$1,574

Market trend: Rising · as of August 2026

💵 Costs & Lease

Deposit
$2,250

Amounts are as published by the source and may change. Confirm before applying.

📐 Floor Plan Details

  • 3BR/2BA3 bd · 2 ba · 1,892 sq ftNone available right now
  • 3 Bed, 2.0 Bath3 bd · 2 baNone available right now

🧾 Move-in Costs & Lease

Security deposit
$2,250
Application fee
$60 per applicant, paid to RivoRent

Property amounts are as published by the source and may change. Confirm before applying. The application fee is RivoRent's own and is the same on every listing.

🛡️ Renters Insurance — Estimated Cost

Estimated range for Alabama at $20,000 – $24,999 of personal property

$19–$21/ monthEstimate — not a quote

About $232–$243 a year.

Based on what Alabama renters actually paid: NAIC industry data for 2023 (average HO-4 premium, 221,095 policy-years), adjusted to July 2026 with the U.S. Bureau of Labor Statistics tenants' insurance index. It is a market average, not a price for this building and not a price for you.

Your own price depends most on your credit-based insurance score, your claims history and which carrier you choose. In published Ohio figures the same coverage ranges from $127 a year at excellent credit to $933 at poor credit. We do not ask for any of that, so we cannot narrow this for you.

Compare what companies charge and get a real quote

🏠 Inside the Home

  • Patio / balcony
  • Hardwood floors
  • Recently renovated
  • Fireplace

🏢 In the Building

  • Garage
  • Parking

✅ Who Qualifies

Must have 3x the rent in total household income (before taxes)

🐾 Pets

Pets
Allowed

✨ Features & Details

  • Pet Friendly
  • Patio / balcony
  • Hardwood floors
  • Garage
  • Recently renovated
  • Fireplace
  • Parking
  • 3 bd
  • 2 ba
  • 1892 sq ft
  • 0 sq ft

📊 Property Facts

Walk Score
18 · Car-Dependent

🚗 Parking

  • Surface lot

🏡 Floor Plans

  • 3BR/2BA

    Contact for pricing

  • 3 Bed, 2.0 Bath

    Contact for pricing

❓ Frequently Asked Questions

$600 – $6,950

per month

Contact for availability
3 bd
2 ba
1892 sq ft

Use the buttons at the bottom of the screen to schedule a tour or apply online. Applications are reviewed within 1–3 business days.

💬 Questions about this property?

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