Home Price Key
Affordable
Average
Expensive
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 $78,324, lower than the Nebraska average of $188,542.
The average cost of rent is $580/mo in Fairmont, primarily driven by the current value of real estate in the Fairmont area. While nearly 57.48% of residents own their homes outright in Fairmont, 22.21% rent.
Housing affordability isn’t just about home prices, though. The average household income in Fairmont is $4,965 per month. Households that rent pay about 11.68% of their income on rent here. Fairmont's most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Exeter, NE: equally priced homes
- Geneva, NE: higher priced homes
- Grafton, NE: higher priced homes
- McCool Junction, NE: higher priced homes
- Lushton, NE: higher priced homes
- Milligan, NE: higher priced homes
- Strang, NE: higher priced homes
- Cordova, NE: higher priced homes
- Sutton, NE: higher priced homes
- Friend, NE: higher priced homes
Cities with Similar Populations
- Emmonak, AK: equally priced homes
- Wapocomo, WV: higher priced homes
- Waterville, WI: higher priced homes
- Wawarsing, NY: higher priced homes
- Weir, KY: higher priced homes
- West Bloomfield, NY: equally priced homes
- West Petersburg, VA: higher priced homes
- West Sterling, MA: higher priced homes
- West Union, IL: higher priced homes
- Westhampton, MA: higher priced homes
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