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 $197,122, lower than the Texas average of $235,268.
The average cost of rent is $723/mo in Fairmount, primarily driven by the current value of real estate in the Fairmount area. While nearly 58.05% of residents own their homes outright in Fairmount, 5.56% rent.
Housing affordability isn’t just about home prices, though. The average household income in Fairmount is $3,072 per month. Households that rent pay about 23.55% of their income on rent here. Fairmount's most expensive areas are in the northern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
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Cities with Similar Populations
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