The Most Affordable Neighborhoods in Fairmont Park, Des Moines, IA by Home Value

 

Fairmont Park, Des Moines, IA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Fairmont Park area can be challenging. Home prices in Fairmont Park are now at a median cost of $125,666, lower than the Des Moines average of $224,721.

The average cost of rent is $988/mo in Fairmont Park, primarily driven by the current value of real estate in the Fairmont Park area. While nearly 39.85% of residents own their homes outright in Fairmont Park, 30.00% rent.

Housing affordability isn’t just about home prices, though. The average household income in Fairmont Park is $5,447 per month. Households that rent pay about 18.13% of their income on rent here. Fairmont Park's most expensive areas are in the northeastern regions, while the cheapest areas are in the northwestern parts of the neighborhood.


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