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Affordable
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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 $251,683, higher than the Oklahoma average of $210,566.
The average cost of rent is $816/mo in Fairmont, primarily driven by the current value of real estate in the Fairmont area. In Fairmont, 4.60% of households rent, and 67.32% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Fairmont is $12,310 per month. Households that rent pay about 6.63% of their income on rent here. Fairmont’s most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Breckenridge, OK: less expensive homes
- Covington, OK: less expensive homes
- Douglas, OK: less expensive homes
- Garber, OK: less expensive homes
- Hayward, OK: less expensive homes
- Enid, OK: less expensive homes
- North Enid, OK: equally priced homes
- Waukomis, OK: less expensive homes
- Lucien, OK: higher priced homes
- Carrier, OK: equally priced homes
Cities with Similar Populations
- Pratts, AL: less expensive homes
- New Glasgow, VA: equally priced homes
- New Harmony, FL: less expensive homes
- Newbold, WI: equally priced homes
- Newhope, MO: less expensive homes
- Pleasant Valley, TX: less expensive homes
- Polvadera, NM: less expensive homes
- Ponderosa, NM: higher priced homes
- Poolville, MS: less expensive homes
- Poynor, MO: less expensive homes
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