States › Arkansas › Trumann

Is Trumann, AR expensive to live in?

ExpensiveRent takes 33 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,16434% lower than U.S. average
💵 Families earn per year (2026)$41,933about $3,494/month · 52% lower than U.S. average
🔑 House price$112,30066% lower than U.S. average

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.

Trumann
$1,164
$1,127

How much do households earn in Trumann?

Under $25k
32.1%
$25k–50k
23.3%
$50k–100k
27.1%
$100k–150k
4.7%
$150k+
1.4%

Share of households by yearly income. 6.2% of households earn $100,000 or more.

Rent by apartment size in Trumann

SizeTrumannU.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).

Housing
58
Goods (food, clothes…)
94
Utilities
75
Other services
95
U.S. average
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

🏛️ Property tax$730a year · 0.65% of home value · U.S. $3,119
⚡ Electric bill$178a month (typical) · U.S. $156

Life in Trumann

Commute to work20.8 minU.S.: 26.4 min
College degree11.4%U.S.: 35.7%
Own their home51.7%U.S.: 65.2%
Below poverty line25.4%U.S.: 12.5%
Unemployment4.6%U.S.: 5.2%

Is it cheaper to rent or buy in Trumann?

Buying is cheaper month to month: about $385 a month less than renting.

Renting
$1,164
Owning
$779

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.