States › Alabama › Boaz

Is Boaz, AL expensive to live in?

CheapRent takes 16 cents of every $1 people earn here.
🏠 Rent per month (2026)$69860% lower than U.S. average
💵 Families earn per year (2026)$53,759about $4,480/month · 38% lower than U.S. average
🔑 House price$199,20040% lower than U.S. average

Rent here is among the lowest 10% of all U.S. cities. A typical house costs about 3.7 years of household income.

How much money do I need?

To rent here comfortably, you should earn about $27,920 a year. That is $13 an hour at a full-time job.

Is rent cheaper than other Alabama cities?

Yes. Rent here is cheaper than in most of Alabama. It is number 10 of 120 cities from cheapest to most expensive.

Boaz
$698
Russellville
$721
Saks
$945
Spanish Fort
$1,468
Pike Road
$1,739
Meridianville
$1,418
Rainbow City
$1,172

How much do households earn in Boaz?

Under $25k
23.3%
$25k–50k
26.2%
$50k–100k
31.5%
$100k–150k
9.3%
$150k+
4.9%

Share of households by yearly income. 14.2% of households earn $100,000 or more.

Rent by apartment size in Boaz

SizeBoazU.S. average
1 bedroom$327$1,324
2 bedrooms$698$1,509
3 bedrooms$956$1,698

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Boaz overall?

Everyday prices in Alabama overall are 11% below the U.S. average (index 88.8, U.S. = 100).

Housing
62
Goods (food, clothes…)
96
Utilities
85
Other services
97
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Boaz, so the Alabama figure is shown.

Taxes and bills in Boaz

🏛️ Property tax$758a year · 0.38% of home value · U.S. $3,119
⚡ Electric bill$182a month (typical) · U.S. $156

Life in Boaz

Commute to work21.5 minU.S.: 26.4 min
College degree15.9%U.S.: 35.7%
Own their home66.7%U.S.: 65.2%
Below poverty line19.4%U.S.: 12.5%
Unemployment2.1%U.S.: 5.2%

Is it cheaper to rent or buy in Boaz?

Renting is cheaper right now: about $684 a month less.

Renting
$698
Owning
$1,382

Owning assumes a typical $199,200 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $19,920 for the down payment.

Frequently asked questions

What is the average rent in Boaz, AL?

Renting in Boaz costs a median of about $698 a month in 2026, including utilities. The Alabama median is $1,175.

How much do I need to make to live in Boaz?

To keep rent under 30% of income, you need about $27,920 a year, or $13 an hour at a full-time job.

Is Boaz cheap or expensive?

Boaz is rated Cheap: rent takes 15.6% of the typical household income of $53,759. It ranks 10th cheapest of 120 Alabama cities we track.

How much are property taxes in Boaz?

The median homeowner in Boaz pays $758 a year in property taxes, about 0.38% of the median home value.

Is Boaz more expensive than the national average?

Overall prices in Alabama are 11% below the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Boaz?

The median home value in Boaz is $199,200, about 3.7 times the typical yearly household income.

10,814 people live in Boaz. Numbers are typical (middle) values.