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These days, finding an affordable place to live in the Fallon area can be challenging. Home prices in Fallon are now at a median cost of $1,535,900, higher than the California average of $812,006.
The average cost of rent is $3,501/mo in Fallon, primarily driven by the current value of real estate in the Fallon area. In Fallon, 33.96% of households rent, and 42.86% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Fallon is $13,984 per month. Households that rent pay about 25.04% of their income on rent here. Fallon’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
- Tomales, CA: equally priced homes
- Valley Ford, CA: less expensive homes
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- Lakeville, CA: less expensive homes
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- Cotati, CA: less expensive homes
- Marshall, CA: equally priced homes
Cities with Similar Populations
- Allendale, MO: less expensive homes
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- Appleton, ME: less expensive homes
- Osceola, IL: less expensive homes
- Panther, PA: less expensive homes
- Pancake, TX: less expensive homes
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