The Most Affordable Neighborhoods in Fairbank, PA by Home Value

 

Fairbank, PA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Fairbank area can be challenging. Home prices in Fairbank are now at a median cost of $63,985, lower than the Pennsylvania average of $222,630.

The average cost of rent is $450/mo in Fairbank, primarily driven by the current value of real estate in the Fairbank area. While nearly 47.37% of residents own their homes outright in Fairbank, 15.50% rent.

Housing affordability isn’t just about home prices, though. The average household income in Fairbank is $3,848 per month. Households that rent pay about 11.70% of their income on rent here. Fairbank's most expensive areas are in the northern regions, while the cheapest areas are in the central parts of the city.


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