Rent is lower than in 78% 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 $46,560 a year. That is $22 an hour at a full-time job.
Is rent cheaper than other Arkansas cities?
No. Rent here is more expensive than in most of Arkansas. It is number 46 of 71 cities from cheapest to most expensive.
How much do households earn in Trumann?
Share of households by yearly income. 6.2% of households earn $100,000 or more.
Rent by apartment size in Trumann
| Size | Trumann | U.S. average |
|---|---|---|
| 1 bedroom | $308 | $1,324 |
| 2 bedrooms | $685 | $1,509 |
| 3 bedrooms | $1,106 | $1,698 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Trumann overall?
Everyday prices in Arkansas overall are 13% below the U.S. average (index 86.9, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Trumann, so the Arkansas figure is shown.
Taxes and bills in Trumann
Life in Trumann
Is it cheaper to rent or buy in Trumann?
Buying is cheaper month to month: about $385 a month less than renting.
Owning assumes a typical $112,300 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $11,230 for the down payment.
Frequently asked questions
What is the average rent in Trumann, AR?
Renting in Trumann costs a median of about $1,164 a month in 2026, including utilities. The Arkansas median is $1,068.
How much do I need to make to live in Trumann?
To keep rent under 30% of income, you need about $46,560 a year, or $22 an hour at a full-time job.
Is Trumann cheap or expensive?
Trumann is rated Expensive: rent takes 33.3% of the typical household income of $41,933. It ranks 46th cheapest of 71 Arkansas cities we track.
How much are property taxes in Trumann?
The median homeowner in Trumann pays $730 a year in property taxes, about 0.65% of the median home value.
Is Trumann more expensive than the national average?
Overall prices in Arkansas are 13% below the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Trumann?
The median home value in Trumann is $112,300, about 2.7 times the typical yearly household income.
7,410 people live in Trumann. Numbers are typical (middle) values.