States › Alabama › Lanett

Is Lanett, AL expensive to live in?

OKRent takes 26 cents of every $1 people earn here.
🏠 Rent per month (2026)$98944% lower than U.S. average
💵 Families earn per year (2026)$45,682about $3,807/month · 48% lower than U.S. average
🔑 House price$95,60071% lower than U.S. average

Rent is lower than in 88% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Commutes are short, about 18.5 minutes.

How much money do I need?

To rent here comfortably, you should earn about $39,560 a year. That is $19 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 40 of 120 cities from cheapest to most expensive.

Lanett
$989
$1,368
$1,143
$1,158

How much do households earn in Lanett?

Under $25k
21.9%
$25k–50k
26.8%
$50k–100k
33.4%
$100k–150k
6.5%
$150k+
1.6%

Share of households by yearly income. 8.1% of households earn $100,000 or more.

Rent by apartment size in Lanett

SizeLanettU.S. average
Studio$665$1,338
1 bedroom$495$1,324
2 bedrooms$1,048$1,509
3 bedrooms$1,004$1,698

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

How expensive is Lanett 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 Lanett, so the Alabama figure is shown.

Taxes and bills in Lanett

🏛️ Property tax$450a year · 0.47% of home value · U.S. $3,119
⚡ Electric bill$243a month (typical) · U.S. $156

Life in Lanett

Commute to work18.5 minU.S.: 26.4 min
College degree10.7%U.S.: 35.7%
Own their home59.8%U.S.: 65.2%
Below poverty line19.1%U.S.: 12.5%
Unemployment7.3%U.S.: 5.2%

Is it cheaper to rent or buy in Lanett?

Buying is cheaper month to month: about $326 a month less than renting.

Renting
$989
Owning
$663

Owning assumes a typical $95,600 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $9,560 for the down payment.

Frequently asked questions

What is the average rent in Lanett, AL?

Renting in Lanett costs a median of about $989 a month in 2026, including utilities. The Alabama median is $1,175.

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

To keep rent under 30% of income, you need about $39,560 a year, or $19 an hour at a full-time job.

Is Lanett cheap or expensive?

Lanett is rated OK: rent takes 26.0% of the typical household income of $45,682. It ranks 40th cheapest of 120 Alabama cities we track.

How much are property taxes in Lanett?

The median homeowner in Lanett pays $450 a year in property taxes, about 0.47% of the median home value.

Is Lanett 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 Lanett?

The median home value in Lanett is $95,600, about 2.1 times the typical yearly household income.

6,814 people live in Lanett. Numbers are typical (middle) values.