Affordable
Expensive
Expensive
Colorblind friendly
off
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 $513,900, higher than the Tennessee average of $315,131.
The average cost of rent is $1,563/mo in Fairmount, primarily driven by the current value of real estate in the Fairmount area. In Fairmount, 3.36% of households rent, and 45.56% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Fairmount is $8,913 per month. Households that rent pay about 17.54% 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.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Falling Water, TN: less expensive homes
- Walden, TN: higher priced homes
- Signal Mountain, TN: equally priced homes
- Hixson, TN: less expensive homes
- Middle Valley, TN: less expensive homes
- Lone Oak, TN: less expensive homes
- Mowbray, TN: less expensive homes
- Timberlinks, TN: less expensive homes
- Red Bank, TN: less expensive homes
- Center Point, TN: less expensive homes
Cities with Similar Populations
- Maxwell, OK: less expensive homes
- Poplar, CA: less expensive homes
- Metz, WV: less expensive homes
- Meridian, CA: less expensive homes
- Melrose, TX: less expensive homes
- McGee, WV: less expensive homes
- McFarland, KS: less expensive homes
- McCorkle, VA: less expensive homes
- Mccain, NC: less expensive homes
- Maxwelton, WV: less expensive homes
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren’t able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood