City Report · AL

Tarrant

Pop. 5,925·65th most expensive in Alabama·One of the most affordable rental markets in the US
Median rent (all units)
$1,027/mo
Year-over-Year
Stable
Month-over-Month
-4.4%
vs US Median
-$935
Falling (Monthly)
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Most AffordableMost Expensive
Tarrant · $1,027
More affordable than 97% of US cities · National median $1,962/mo
Affordability
29% of income
AFFORDABLE
0%30% benchmark60%+

At $1,027/mo, rent takes about 29% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$41,000/yr
Local median income
$42,070/yr
Based on the 30%-of-income rule using Tarrant's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$890
1 BR
$1,000
2 BR
$1,130
3 BR
$1,420
4 BR+
$1,580
Fair Market Rent (HUD)
$1,130/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,027 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.

Source: HUD Small Area Fair Market Rents. Read the methodology →

Rent trends

12-month history

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Last updated: August 17, 2026

Annual cost
$12,324/yr
At $1,027/mo median
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 0.0% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (+0.0% YoY, -4.4% MoM), not inventory.
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Demographics

Who lives here

Tarrant, AL is majority renter-occupied, has a median income below the national average, 8.1% of residents hold a bachelor's degree or higher.

Population
5,925
Median income
$42,070
Median age
39.1
Renters
60.6%
Age distribution
19.8%
23.6%
25.8%
13.5%
17.3%
Under 1819.8%
18–3423.6%
35–5425.8%
55–6413.5%
65+17.3%
Gender
46.8%
53.2%
Male46.8%
Female53.2%
Race & ethnicity
33.2%
45%
21.4%
White33.2%
Black45%
Hispanic21.4%
Education (25+)
26.2%
30.6%
35%
No HS diploma26.2%
HS diploma30.6%
Some college35%
Bachelor's+8.1%
Housing tenure
39.4%
60.6%
Owner39.4%
Renter60.6%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Tarrant, AL has changed in 5 years

Income
$36,927 → $42,070
up 13.9%
Population
6,137 → 5,925
down 3.5%
Renter share
55.8% → 60.6%
+4.8 pts
Bachelor's+
8.3% → 8.1%
-0.2 pts
Median age
35.5 → 39.1
+3.6 yrs

On the earnings side, the typical household in Tarrant, AL now reports about $42,070, up from $36,927 in 2021. The population has contracted by 3.5% since 2021, moving from about 6,137 residents to roughly 5,925. Renters now make up 60.6% of households, compared with 55.8% five years ago.

Community

Discussions about Tarrant

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View Tarrant rent history (2015–2026) →
Salary vs rent

Can you afford rent in Tarrant on your salary?

At $1,027/mo, how Tarrant rent compares to typical pay (30% rule).

By apartment size

Tarrant rent by bedroom count

Median rent for each apartment size in Tarrant. Click any size for full breakdown.

Local insights

Tips for renters in Tarrant

About renting in Tarrant, AL

Last updated: August 17, 2026

The median rent in Tarrant is $1,027/mo as of August 2026. A studio apartment averages $890/mo while a 2-bedroom runs $1,130/mo. One-bedroom apartments average $1,000/mo and 3-bedroom units go for $1,420/mo.

At 29% of local median household income ($42,070/yr), Tarrant ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

Is Tarrant an affordable city for renters?

Tarrant is considered affordable for renters. At $1,027/mo, rent takes approximately 29% of the local median household income ($42,070/yr). The standard benchmark is 30%. Tarrant falls comfortably within that range.

How much income do you need to rent in Tarrant?

To keep rent at or below 30% of gross income, you would need to earn at least $41,000/year (~$20/hour full-time) to afford the median rent of $1,027/mo in Tarrant. The local median household income is $42,070/yr, meaning the typical Tarrant household meets that threshold.

Is rent going up or down in Tarrant?

Rent in Tarrant has been relatively stable over the past year, with a 0.0% change year over year as of August 2026.

How does Tarrant rent compare to other cities in Alabama?

Tarrant is one of the more affordable cities in Alabama for rent, ranking #65 out of 70 tracked cities at $1,027/mo.

What percentage of Tarrant residents rent vs. own?

According to Census data, approximately 60.6% of Tarrant households are renters, while 39.4% are owner-occupied. With a majority renter population, Tarrant has a strong rental market.

How does Tarrant rent compare to the national average?

Tarrant's median rent of $1,027/mo is $935 (48%) below the US national median of $1,962/mo. Within Alabama, it ranks #65 out of 70 tracked cities.
Income Affordability
29%
AFFORDABLE

At $1,027/mo, rent takes ~29% of Tarrant's median household income ($42,070/yr). The standard benchmark is 30%.

Tarrant 29%Benchmark 30%
State income tax2–5%
Run the Tarrant affordability calculator →
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Neighborhoods

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Schools nearby

Public schools near Tarrant, AL

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