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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 $110,408, lower than the Fayetteville average of $149,586.
The average cost of rent is $885/mo in Downtown Fayetteville, primarily driven by the current value of real estate in the Downtown Fayetteville area. While nearly 65.47% of residents own their homes outright in Downtown Fayetteville, 65.40% rent.
Housing affordability isn’t just about home prices, though. The average household income in Downtown Fayetteville is $2,886 per month. Households that rent pay about 30.67% 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.
Nearby Neighborhoods
- Rockfish, Raeford, NC: higher priced homes
- Mount Pleasant Area, Mount Pleasant, NC: higher priced homes
- Fairview, Charlotte, NC: higher priced homes
- Car Town, Kannapolis, NC: higher priced homes
- Becton Park, Charlotte, NC: higher priced homes
- Marshbrooke, Matthews, NC: higher priced homes
- Hickory Ridge, Charlotte, NC: higher priced homes
- Marlwood, Charlotte, NC: higher priced homes
- Providence Estates East, Matthews, NC: higher priced homes
- Harris-Houston, Charlotte, NC: higher priced homes
Neighborhoods with Similar Populations
- Central Business District, Cincinnati, OH: higher priced homes
- Michigan-Martin, Detroit, MI: less expensive homes
- Los Jardines, San Antonio, TX: less expensive homes
- Strathmore, Syracuse, NY: higher priced homes
- Lockhill Estates, San Antonio, TX: higher priced homes
- Indianola Hills, Des Moines, IA: higher priced homes
- Jacksonville Heights South, Jacksonville, FL: higher priced homes
- Central Topeka 2, Topeka, KS: higher priced homes
- Jefferson Chalmers, Detroit, MI: higher priced homes
- Central Beach, Fort Lauderdale, FL: higher priced homes
All Local Stats
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