Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Fairbanks area can be challenging. Home prices in Fairbanks are now at a median cost of $152,583, lower than the Kentucky average of $164,895.
The average cost of rent is $821/mo in Fairbanks, primarily driven by the current value of real estate in the Fairbanks area. While nearly 69.26% of residents own their homes outright in Fairbanks, 11.87% rent.
Housing affordability isn’t just about home prices, though. The average household income in Fairbanks is $3,900 per month. Households that rent pay about 21.06% of their income on rent here. Fairbanks's most expensive areas are in the southeastern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Hesler, KY: equally priced homes
- Rockdale, KY: higher priced homes
- New Columbus, KY: higher priced homes
- Canby, KY: higher priced homes
- Teresita, KY: equally priced homes
- Suterville, KY: equally priced homes
- Owenton, KY: equally priced homes
- Cordova, KY: equally priced homes
- New, KY: equally priced homes
- Porter, KY: higher priced homes
Cities with Similar Populations
- Augusta, IN: equally priced homes
- Berkley, KY: less expensive homes
- Salco, PA: less expensive homes
- Saginaw, AR: equally priced homes
- Rural Hill, NY: equally priced homes
- Big Falls, MN: less expensive homes
- Barton, ND: less expensive homes
- Birds Run, OH: less expensive homes
- Zephyr, NC: equally priced homes
- Bakerton, KY: equally priced homes
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