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Affordable
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These days, finding an affordable place to live in the Fannin area can be challenging. Home prices in Fannin are now at a median cost of $344,689, higher than the Mississippi average of $183,008.
The average cost of rent is $853/mo in Fannin, primarily driven by the current value of real estate in the Fannin area. In Fannin, 4.09% of households rent, and 32.60% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Fannin is $6,101 per month. Households that rent pay about 13.98% of their income on rent here. Fannin’s most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
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Cities with Similar Populations
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