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These days, finding an affordable place to live in the Farmington area can be challenging. Home prices in Farmington are now at a median cost of $481,274, higher than the Georgia average of $324,634.
The average cost of rent is $865/mo in Farmington, primarily driven by the current value of real estate in the Farmington area. In Farmington, 14.09% of households rent, and 35.13% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Farmington is $10,608 per month. Households that rent pay about 8.16% of their income on rent here. Farmington’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Eastville, GA: less expensive homes
- Bishop, GA: equally priced homes
- Bostwick, GA: less expensive homes
- Watkinsville, GA: less expensive homes
- High Shoals, GA: less expensive homes
- North High Shoals, GA: higher priced homes
- Good Hope, GA: less expensive homes
- Fairplay, GA: less expensive homes
- Greshamville, GA: less expensive homes
- Madison, GA: less expensive homes
Cities with Similar Populations
- Lincolnville Center, ME: less expensive homes
- Salem Heights, IN: less expensive homes
- Sabinsville, PA: less expensive homes
- Rudd, IA: less expensive homes
- Rockhouse, AR: less expensive homes
- Rock Spring, NC: less expensive homes
- Marion Springs, MI: less expensive homes
- Mannsville, KY: less expensive homes
- Ludlow, IL: less expensive homes
- Long, OK: less expensive homes
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