Rent is lower than in 87% 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 $40,560 a year. That is $20 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 45 of 120 cities from cheapest to most expensive.
How much do households earn in Tallassee?
Share of households by yearly income. 17.4% of households earn $100,000 or more.
Rent by apartment size in Tallassee
| Size | Tallassee | U.S. average |
|---|---|---|
| 2 bedrooms | $750 | $1,509 |
| 3 bedrooms | $1,136 | $1,698 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Tallassee 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 Tallassee, so the Alabama figure is shown.
Taxes and bills in Tallassee
Life in Tallassee
Is it cheaper to rent or buy in Tallassee?
About the same. Renting and owning cost within $11 of each other each month.
Owning assumes a typical $144,600 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $14,460 for the down payment.
Frequently asked questions
What is the average rent in Tallassee, AL?
Renting in Tallassee costs a median of about $1,014 a month in 2026, including utilities. The Alabama median is $1,175.
How much do I need to make to live in Tallassee?
To keep rent under 30% of income, you need about $40,560 a year, or $20 an hour at a full-time job.
Is Tallassee cheap or expensive?
Tallassee is rated Cheap: rent takes 16.9% of the typical household income of $71,992. It ranks 45th cheapest of 120 Alabama cities we track.
How much are property taxes in Tallassee?
The median homeowner in Tallassee pays $490 a year in property taxes, about 0.34% of the median home value.
Is Tallassee 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 Tallassee?
The median home value in Tallassee is $144,600, about 2.0 times the typical yearly household income.
5,134 people live in Tallassee. Numbers are typical (middle) values.