Affordable
Expensive
Expensive
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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 $213,451, lower than the Texas average of $322,096.
The average cost of rent is $1,050/mo in Fairmount, primarily driven by the current value of real estate in the Fairmount area. In Fairmount, 2.21% of households rent, and 71.95% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Fairmount is $4,151 per month. Households that rent pay about 25.29% 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.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Mayflower, TX: less expensive homes
- Yellowpine, TX: equally priced homes
- Hemphill, TX: less expensive homes
- Burkeville, TX: less expensive homes
- Indian Hill, TX: less expensive homes
- Toledo, TX: equally priced homes
- Toro, LA: less expensive homes
- Pineland, TX: less expensive homes
- Browndell, TX: higher priced homes
- Brookeland, TX: higher priced homes
Cities with Similar Populations
- Bathgate, ND: less expensive homes
- Yellow Rock, KY: less expensive homes
- Strathmere, NJ: higher priced homes
- Wortham, MO: less expensive homes
- Worth, GA: less expensive homes
- Barnes Corners, NY: less expensive homes
- Barnesville, MO: less expensive homes
- Barnhart, TX: higher priced homes
- Woodruff, ID: higher priced homes
- Woodland Beach, DE: higher priced homes
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