States › Alabama › Tarrant

Is Tarrant, AL expensive to live in?

ExpensiveRent takes 32 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,20631% lower than U.S. average
💵 Families earn per year (2026)$45,372about $3,781/month · 48% lower than U.S. average
🔑 House price$120,10064% lower than U.S. average

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.

Tarrant
$1,206
$1,301
$1,175

How much do households earn in Tarrant?

Under $25k
24.1%
$25k–50k
25.3%
$50k–100k
33.1%
$100k–150k
2.4%
$150k+
2.0%

Share of households by yearly income. 4.4% of households earn $100,000 or more.

Rent by apartment size in Tarrant

SizeTarrantU.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).

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 Tarrant, so the Alabama figure is shown.

Taxes and bills in Tarrant

🏛️ Property tax$673a year · 0.56% of home value · U.S. $3,119
⚡ Electric bill$174a month (typical) · U.S. $156

Life in Tarrant

Commute to work26.5 minU.S.: 26.4 min
College degree8.1%U.S.: 35.7%
Own their home39.4%U.S.: 65.2%
Below poverty line24.2%U.S.: 12.5%
Unemployment7.2%U.S.: 5.2%

Is it cheaper to rent or buy in Tarrant?

Buying is cheaper month to month: about $373 a month less than renting.

Renting
$1,206
Owning
$833

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.