Rent is lower than in 76% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Most households rent (61%), so there are plenty of rental options.
How much money do I need?
To rent here comfortably, you should earn about $48,240 a year. That is $23 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 62 of 120 cities from cheapest to most expensive.
How much do households earn in Tarrant?
Share of households by yearly income. 4.4% of households earn $100,000 or more.
Rent by apartment size in Tarrant
| Size | Tarrant | U.S. average |
|---|---|---|
| 1 bedroom | $544 | $1,324 |
| 2 bedrooms | $931 | $1,509 |
| 3 bedrooms | $1,229 | $1,698 |
| 4 bedrooms | $1,108 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Tarrant 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 Tarrant, so the Alabama figure is shown.
Taxes and bills in Tarrant
Life in Tarrant
Is it cheaper to rent or buy in Tarrant?
Buying is cheaper month to month: about $373 a month less than renting.
Owning assumes a typical $120,100 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $12,010 for the down payment.
Frequently asked questions
What is the average rent in Tarrant, AL?
Renting in Tarrant costs a median of about $1,206 a month in 2026, including utilities. The Alabama median is $1,175.
How much do I need to make to live in Tarrant?
To keep rent under 30% of income, you need about $48,240 a year, or $23 an hour at a full-time job.
Is Tarrant cheap or expensive?
Tarrant is rated Expensive: rent takes 31.9% of the typical household income of $45,372. It ranks 62nd cheapest of 120 Alabama cities we track.
How much are property taxes in Tarrant?
The median homeowner in Tarrant pays $673 a year in property taxes, about 0.56% of the median home value.
Is Tarrant 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 Tarrant?
The median home value in Tarrant is $120,100, about 2.6 times the typical yearly household income.
5,925 people live in Tarrant. Numbers are typical (middle) values.