Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Fairhaven area can be challenging. Home prices in Fairhaven are now at a median cost of $320,196, lower than the Massachusetts average of $477,554.
The average cost of rent is $1,034/mo in Fairhaven, primarily driven by the current value of real estate in the Fairhaven area. While nearly 28.42% of residents own their homes outright in Fairhaven, 20.86% rent.
Housing affordability isn’t just about home prices, though. The average household income in Fairhaven is $6,893 per month. Households that rent pay about 15.00% of their income on rent here. Fairhaven's most expensive areas are in the central regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- New Bedford, MA: less expensive homes
- Silver Shell Beach, MA: higher priced homes
- Tinkhamtown, MA: higher priced homes
- Mattapoisett, MA: higher priced homes
- Mattapoisett Center, MA: higher priced homes
- Acushnet, MA: equally priced homes
- South Dartmouth, MA: higher priced homes
- Smith Mills, MA: equally priced homes
- North Dartmouth, MA: higher priced homes
- Dartmouth, MA: higher priced homes
Cities with Similar Populations
- Alachua, FL: less expensive homes
- Alamo, CA: higher priced homes
- Wyckoff, NJ: higher priced homes
- Alexander, AR: less expensive homes
- New Carrollton, MD: less expensive homes
- Morgan City, LA: less expensive homes
- Morganville, NJ: higher priced homes
- Mount Clemens, MI: less expensive homes
- Mount Kisco, NY: higher priced homes
- Mount Sterling, KY: less expensive homes
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