
Home Price Key
These days, finding an affordable place to live in the Fairmont area can be challenging. Home prices in Fairmont are now at a median cost of $70,230, lower than the Kentucky average of $164,895.
The average cost of rent is $673/mo in Fairmont, primarily driven by the current value of real estate in the Fairmont area. While nearly 63.87% of residents own their homes outright in Fairmont, 12.57% rent.
Housing affordability isn’t just about home prices, though. The average household income in Fairmont is $3,512 per month. Households that rent pay about 19.16% of their income on rent here. Fairmont's most expensive areas are in the western regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Clay, KY: equally priced homes
- Wheatcroft, KY: equally priced homes
- Providence, KY: equally priced homes
- Lisman, KY: equally priced homes
- Blackford, KY: higher priced homes
- Sullivan, KY: higher priced homes
- Free Union, KY: higher priced homes
- Hearin, KY: higher priced homes
- Shady Grove, KY: higher priced homes
- Pride, KY: higher priced homes
Cities with Similar Populations
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- Aurora, ME: higher priced homes
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- Guckeen, MN: higher priced homes
- Guernsey, OH: higher priced homes
- Saragosa, TX: higher priced homes
- Bear Creek, AR: higher priced homes
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