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These days, finding an affordable place to live in the Fairdale area can be challenging. Home prices in Fairdale are now at a median cost of $114,974, lower than the Alabama average of $228,911.
The average cost of rent is $866/mo in Fairdale, primarily driven by the current value of real estate in the Fairdale area. In Fairdale, 64.69% of households rent, and 90.86% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Fairdale is $2,586 per month. Households that rent pay about 33.50% of their income on rent here. Fairdale’s most expensive areas are in the central regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Centreville, AL: higher priced homes
- Brent, AL: higher priced homes
- Harrisburg, AL: higher priced homes
- Eoline, AL: higher priced homes
- Ellards, AL: higher priced homes
- Lawley, AL: higher priced homes
- Pondville, AL: higher priced homes
- Oakmulgee, AL: higher priced homes
- Pearson, AL: higher priced homes
- Primitive Ridge, AL: less expensive homes
Cities with Similar Populations
- Elkins, NM: equally priced homes
- South Cottonwood, ND: less expensive homes
- South Creek, NC: equally priced homes
- St. Gertrude, ND: less expensive homes
- Standish, NY: higher priced homes
- Stanhope, NC: equally priced homes
- Stanley, MO: equally priced homes
- Faulknerville, AR: higher priced homes
- Ellisville, IN: higher priced homes
- Grigston, KS: higher priced homes
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