Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Farmers Loop area can be challenging. Home prices in Farmers Loop are now at a median cost of $303,372, higher than the Alaska average of $254,370.
The average cost of rent is $1,444/mo in Farmers Loop, primarily driven by the current value of real estate in the Farmers Loop area. While nearly 28.68% of residents own their homes outright in Farmers Loop, 30.52% rent.
Housing affordability isn’t just about home prices, though. The average household income in Farmers Loop is $8,129 per month. Households that rent pay about 17.77% of their income on rent here. Farmers Loop's most expensive areas are in the northeastern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
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Cities with Similar Populations
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- Hardin, MT: less expensive homes
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- Windsor, VT: less expensive homes
- Wilsonville, AL: less expensive homes
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