Home Price Key
Affordable
Average
Expensive
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 $178,159, lower than the Washington average of $453,663.
The average cost of rent is $745/mo in Farmington, primarily driven by the current value of real estate in the Farmington area. While nearly 41.06% of residents own their homes outright in Farmington, 25.05% rent.
Housing affordability isn’t just about home prices, though. The average household income in Farmington is $4,756 per month. Households that rent pay about 15.66% of their income on rent here. Farmington's most expensive areas are in the southwestern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Belmont, WA: equally priced homes
- DeSmet, ID: higher priced homes
- Garfield, WA: equally priced homes
- Tekoa, WA: equally priced homes
- Oakesdale, WA: equally priced homes
- Tensed, ID: higher priced homes
- Potlatch, ID: higher priced homes
- Potlatch Junction, ID: higher priced homes
- Palouse, WA: higher priced homes
- Onaway, ID: equally priced homes
Cities with Similar Populations
- Mount Moriah, MO: less expensive homes
- Moneta, IA: less expensive homes
- Monford, KY: less expensive homes
- Monse, WA: higher priced homes
- Wallington, NY: higher priced homes
- Montebello, VA: higher priced homes
- Montrose, SC: less expensive homes
- Mooresville, MO: less expensive homes
- Moranburg, KY: less expensive homes
- Morningdale, MA: higher priced homes
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