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 $102,217, lower than the Indiana average of $175,617.
The average cost of rent is $777/mo in Fairmount, primarily driven by the current value of real estate in the Fairmount area. While nearly 49.26% of residents own their homes outright in Fairmount, 25.13% rent.
Housing affordability isn’t just about home prices, though. The average household income in Fairmount is $4,015 per month. Households that rent pay about 19.34% of their income on rent here. Fairmount's most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Fowlerton, IN: equally priced homes
- Jonesboro, IN: less expensive homes
- Radley, IN: higher priced homes
- Summitville, IN: higher priced homes
- Hackleman, IN: higher priced homes
- Gas City, IN: equally priced homes
- Wheeling, IN: less expensive homes
- Matthews, IN: less expensive homes
- Upland, IN: higher priced homes
- Point Isabel, IN: higher priced homes
Cities with Similar Populations
- Banks, OR: higher priced homes
- Benton Heights, MI: less expensive homes
- Bradford, OH: higher priced homes
- Carter Lake, IA: higher priced homes
- Casey, IL: equally priced homes
- Chouteau, OK: higher priced homes
- Cookville, TX: equally priced homes
- Cool, CA: higher priced homes
- Cottondale, FL: equally priced homes
- Cross Junction, VA: higher priced homes
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