The Most Affordable Neighborhoods in Downtown Fayetteville, Fayetteville, NC by Home Value

 

Downtown Fayetteville, Fayetteville, NC Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Downtown Fayetteville area can be challenging. Home prices in Downtown Fayetteville are now at a median cost of $169,385, lower than the Fayetteville average of $201,318.

The average cost of rent is $968/mo in Downtown Fayetteville, primarily driven by the current value of real estate in the Downtown Fayetteville area. In Downtown Fayetteville, 66.78% of households rent, and 64.35% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Downtown Fayetteville is $3,533 per month. Households that rent pay about 27.40% of their income on rent here. Downtown Fayetteville’s most expensive areas are in the central regions, while the cheapest areas are in the southwestern parts of the neighborhood.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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