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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 $189,363, lower than the Ohio average of $236,816.
The average cost of rent is $1,488/mo in Fairhaven, primarily driven by the current value of real estate in the Fairhaven area. In Fairhaven, 19.37% of households rent, and 57.49% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Fairhaven is $6,712 per month. Households that rent pay about 22.18% of their income on rent here. Fairhaven’s most expensive areas are in the southern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Cottage Grove, IN: higher priced homes
- Morning Sun, OH: higher priced homes
- Sugar Valley, OH: equally priced homes
- College Corner, OH: higher priced homes
- Lotus, IN: higher priced homes
- West College Corner, IN: less expensive homes
- West Florence, OH: equally priced homes
- Camden, OH: equally priced homes
- Liberty, IN: less expensive homes
- Boston, IN: higher priced homes
Cities with Similar Populations
- Institute, NC: less expensive homes
- Barkeyville, PA: equally priced homes
- Barlow, MS: less expensive homes
- Barrytown, NY: higher priced homes
- Baum, OK: higher priced homes
- Wright, IA: less expensive homes
- Beaver Bay, MN: higher priced homes
- Gayle Mill, SC: less expensive homes
- Bee, VA: less expensive homes
- Beland, OK: less expensive homes
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