Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Fairmount area can be challenging. Home prices in Fairmount are now at a median cost of $110,407, lower than the Illinois average of $242,002.
The average cost of rent is $775/mo in Fairmount, primarily driven by the current value of real estate in the Fairmount area. While nearly 34.84% of residents own their homes outright in Fairmount, 9.87% rent.
Housing affordability isn’t just about home prices, though. The average household income in Fairmount is $5,263 per month. Households that rent pay about 14.72% of their income on rent here. Fairmount's most expensive areas are in the southern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Muncie, IL: equally priced homes
- Jamaica, IL: higher priced homes
- Fithian, IL: equally priced homes
- Oakwood, IL: less expensive homes
- Catlin, IL: equally priced homes
- Brothers, IL: equally priced homes
- Homer, IL: higher priced homes
- Ogden, IL: higher priced homes
- Midway, IL: less expensive homes
- Newtown, IL: higher priced homes
Cities with Similar Populations
- San Pierre, IN: higher priced homes
- McCullom Lake, IL: higher priced homes
- McGrady, NC: higher priced homes
- Mechanicsburg, IL: higher priced homes
- Midway, PA: equally priced homes
- Rocky Ridge, MD: higher priced homes
- Rohrersville, MD: higher priced homes
- Rudolph, OH: higher priced homes
- Russellville, MI: higher priced homes
- Mays Lick, KY: higher priced homes
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