Arab: Housing & Real Estate
Arab's median home value is $215,200 (estimated market value runs 23% higher at $265,296), with median rent $718 (1.1× below Marshall County median $795; 1.4× below Alabama median $1,007). Homeownership rate: 70.0%. That's 1.1× higher than the Marshall County median ($201,500); about the same as the Alabama median ($209,900). Market is warm. Vacancy rate 8.6%. New construction makes up 6.7% of stock. 3 nursing facilities on file. A municipal building code is in effect.
- 3.3× annual income — home value vs. household income (vs Alabama 3.3×).
- 25.0 years to break even renting at the median (vs Alabama 15y).
- 4-BR rent is 2.1× a studio — rent gradient by unit size.
- Median rent 18% below HUD 2-BR FMR — local market vs federal subsidy benchmark.
Home Values & Rent
Median home value $215,200 — 1.1× the Alabama median ($196,300). Median rent $718/month. homeownership rate 70.0% — above the U.S. share of ~65%.
| Affordability · Price To Income Ratio | 3.3× |
|---|---|
| Affordability · Rent To Income Pct | 13.4% |
| Affordability · Affordable | Yes |
| Affordability · Interpretation | affordable |
| Fair Market Rent · Studio rent | $666 (vs Alabama $860) |
| Fair Market Rent · One-bedroom rent | $670 (vs Alabama $972) |
| Fair Market Rent · Two-bedroom rent | $879 (vs Alabama $1,169) |
| Fair Market Rent · Three-bedroom rent | $1,137 (vs Alabama $1,490) |
| Fair Market Rent · Four-bedroom rent | $1,381 (vs Alabama $1,548) |
| Fair Market Rent · HUD FMR area | Cullman County, AL |
| Fair Market Rent · Fiscal year | FY2026 |
| Home Value Estimate | $265,296 |
| Median Home Value | $215,200 (vs Alabama $196,300) |
| Median Rent | $718 (vs Alabama $1,068) |
Sources: HUD FMR FY2026 · Census ACS 5-Year 2023, B25077 · Census ACS 5-Year 2023 · Refreshed 2026-04-12
Tenure & Occupancy
Owner-occupied vs renter-occupied housing units, plus vacancy rates.
| Housing Market · Market temperature | warm |
|---|---|
| Housing Market · Vacancy rate | 8.6% |
| Housing Market · New construction (% of stock) | 6.7% |
| Housing Market · Price Appreciation 2Yr | 9.4% |
Utilities
Electricity, water, and broadband infrastructure serving residents. Broadband percentages reflect the share of premises that can subscribe to service at the listed speed (FCC Form 477).
Facilities (3)
| Broadband · % of premises with 25/3 Mbps broadband | 100.0% (at Alabama median) |
|---|---|
| Broadband · % of premises with 100/20 Mbps broadband | 100.0% (at Alabama median) |
| Broadband · % of premises with 250/25 Mbps broadband | 100.0% (at Alabama median) |
| Broadband · % of premises with 1 Gbps / 100 Mbps broadband | 86.6% (vs Alabama 63.5%) |
| Broadband · Broadband-capable premises | 4,381 |
| Electricity · Electricity rate (¢/kWh) | 15.18¢/kWh |
| Electricity · Customers | 2398172 |
| Electricity · Revenue Millions | $4,993 |
| Mobile Broadband · 3G mobile coverage | 0% |
| Mobile Broadband · 4G mobile coverage | 100% (at Alabama median) |
| Mobile Broadband · 5G mobile coverage | 96% (vs Alabama 99.8%) |
Sources: FCC BDC Jun 2025 · EIA Annual Retail Sales 2023 · FCC BDC Mobile 2024 · Refreshed unknown
Other
| Homeownership Rate | 70.0% (vs Alabama 62.3%) |
|---|---|
| Median Year Built | 1979 |
Sources: Census ACS 5-Year 2023 · Refreshed 2026-04-12