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 $415,600, higher than the Tennessee average of $218,916.
The average cost of rent is $1,209/mo in Fairmount, primarily driven by the current value of real estate in the Fairmount area. While nearly 29.75% of residents own their homes outright in Fairmount, 2.43% rent.
Housing affordability isn’t just about home prices, though. The average household income in Fairmount is $14,053 per month. Households that rent pay about 8.60% 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
- Falling Water, TN: less expensive homes
- Walden, TN: higher priced homes
- Signal Mountain, TN: less expensive 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
All Local Stats
Home Services
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