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 $163,600, lower than the Maryland average of $357,815.
The average cost of rent is $539/mo in Fairmount, primarily driven by the current value of real estate in the Fairmount area. While nearly 50.00% of residents own their homes outright in Fairmount, 18.39% rent.
Housing affordability isn’t just about home prices, though. The average household income in Fairmount is $5,347 per month. Households that rent pay about 10.08% of their income on rent here. Fairmount's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Upper Fairmount, MD: equally priced homes
- Upper Hill, MD: equally priced homes
- Rumbley, MD: equally priced homes
- Manokin, MD: less expensive homes
- Marion Station, MD: equally priced homes
- Westover, MD: higher priced homes
- Monie, MD: higher priced homes
- Princess Anne, MD: equally priced homes
- Deal Island, MD: less expensive homes
- Mount Vernon, MD: less expensive homes
Cities with Similar Populations
- Capulin, NM: less expensive homes
- West Martinsburg, NY: less expensive homes
- West Lancaster, OH: less expensive homes
- West Hampton Dunes, NY: higher priced homes
- West End, WV: less expensive homes
- West Colesville, NY: less expensive homes
- Wesley, NY: less expensive homes
- Werner, ND: higher priced homes
- Welge, IL: equally priced homes
- Vistula, TX: less expensive homes
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