Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Fair Oaks area can be challenging. Home prices in Fair Oaks are now at a median cost of $186,700, higher than the Indiana average of $175,617.
The average cost of rent is $978/mo in Fair Oaks, primarily driven by the current value of real estate in the Fair Oaks area. While nearly 42.90% of residents own their homes outright in Fair Oaks, 13.18% rent.
Housing affordability isn’t just about home prices, though. The average household income in Fair Oaks is $4,861 per month. Households that rent pay about 20.11% of their income on rent here. Fair Oaks's most expensive areas are in the central regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
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Cities with Similar Populations
- Savage, MS: less expensive homes
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- Landfall, MN: less expensive homes
- Malden, IN: higher priced homes
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- Sasser, GA: less expensive homes
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