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These days, finding an affordable place to live in the Fairlawn area can be challenging. Home prices in Fairlawn are now at a median cost of $283,626, lower than the Virginia average of $443,089.
The average cost of rent is $1,572/mo in Fairlawn, primarily driven by the current value of real estate in the Fairlawn area. In Fairlawn, 15.22% of households rent, and 54.89% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Fairlawn is $5,248 per month. Households that rent pay about 29.96% of their income on rent here. Fairlawn’s most expensive areas are in the eastern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Pepper, VA: less expensive homes
- Radford, VA: less expensive homes
- Belspring, VA: less expensive homes
- New River, VA: less expensive homes
- Vicker, VA: equally priced homes
- Whitethorne, VA: higher priced homes
- Highland, VA: less expensive homes
- Parrott, VA: less expensive homes
- Dublin, VA: less expensive homes
- Mountain View, VA: equally priced homes
Cities with Similar Populations
- Aspers, PA: less expensive homes
- Windy Hills, KY: higher priced homes
- White Stone, VA: higher priced homes
- Varnell, GA: equally priced homes
- Valley Head, AL: less expensive homes
- Trinidad, TX: equally priced homes
- Osyka, MS: less expensive homes
- Ortonville, MN: less expensive homes
- Orchard Lake Village, MI: higher priced homes
- Olinda, CA: higher priced homes
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