salaryRent is lower than in 62% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards.
How much money do I need?
To rent here comfortably, you should earn about $57,160 a year. That is $27 an hour at a full-time job.
Is rent cheaper than other Alabama cities?
No. Rent here is more expensive than in most of Alabama. It is number 87 of 120 cities from cheapest to most expensive.
How much do households earn in Enterprise?
Share of households by yearly income. 23.8% of households earn $100,000 or more.
Rent by apartment size in Enterprise
| Size | Enterprise | U.S. average |
|---|---|---|
| 1 bedroom | $671 | $1,324 |
| 2 bedrooms | $1,056 | $1,509 |
| 3 bedrooms | $1,336 | $1,698 |
| 4 bedrooms | $1,725 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Enterprise overall?
Everyday prices in Alabama overall are 11% below the U.S. average (index 88.8, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Enterprise, so the Alabama figure is shown.
Taxes and bills in Enterprise
Life in Enterprise
Is it cheaper to rent or buy in Enterprise?
About the same. Renting and owning cost within $21 of each other each month.
Owning assumes a typical $202,900 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $20,290 for the down payment.
Frequently asked questions
What is the average rent in Enterprise, AL?
Renting in Enterprise costs a median of about $1,429 a month in 2026, including utilities. The Alabama median is $1,175.
How much do I need to make to live in Enterprise?
To keep rent under 30% of income, you need about $57,160 a year, or $27 an hour at a full-time job.
Is Enterprise cheap or expensive?
Enterprise is rated OK: rent takes 21.7% of the typical household income of $78,865. It ranks 87th cheapest of 120 Alabama cities we track.
How much are property taxes in Enterprise?
The median homeowner in Enterprise pays $843 a year in property taxes, about 0.42% of the median home value.
Is Enterprise 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 Enterprise?
The median home value in Enterprise is $202,900, about 2.6 times the typical yearly household income.
29,505 people live in Enterprise. Numbers are typical (middle) values.