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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 $268,027, lower than the Texas average of $322,096.
The average cost of rent is $757/mo in Fannin, primarily driven by the current value of real estate in the Fannin area. In Fannin, 9.78% of households rent, and 66.63% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Fannin is $7,057 per month. Households that rent pay about 10.72% of their income on rent here. Fannin’s most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Goliad, TX: less expensive homes
- Mcfaddin, TX: less expensive homes
- Bloomington, TX: less expensive homes
- Placedo, TX: less expensive homes
- Charco, TX: less expensive homes
- Berclair, TX: less expensive homes
- Green Lake, TX: higher priced homes
- Kamey, TX: less expensive homes
- Long Mott, TX: higher priced homes
- Choate, TX: less expensive homes
Cities with Similar Populations
- Lometa, TX: less expensive homes
- Prattsville, NY: equally priced homes
- Polonia, WI: higher priced homes
- Point Roberts, WA: higher priced homes
- Placedo, TX: less expensive homes
- New Castle, KY: less expensive homes
- Nelson, GA: higher priced homes
- Mount Hope, KS: less expensive homes
- Montalba, TX: equally priced homes
- Moapa, NV: higher priced homes
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