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Affordable
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These days, finding an affordable place to live in the Fay area can be challenging. Home prices in Fay are now at a median cost of $159,538, lower than the Oklahoma average of $210,566.
The average cost of rent is $924/mo in Fay, primarily driven by the current value of real estate in the Fay area. In Fay, 22.71% of households rent, and 68.71% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Fay is $6,694 per month. Households that rent pay about 13.81% of their income on rent here. Fay’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Thomas, OK: less expensive homes
- Oakwood, OK: less expensive homes
- Watonga, OK: less expensive homes
- Greenfield, OK: equally priced homes
- Hitchcock, OK: equally priced homes
- Putnam, OK: less expensive homes
- Omega, OK: higher priced homes
- Webb, OK: less expensive homes
- Loyal, OK: higher priced homes
- Rhea, OK: less expensive homes
Cities with Similar Populations
- McNairy, TN: less expensive homes
- Red Creek, WV: higher priced homes
- Red Banks, WI: higher priced homes
- Randolph, VA: less expensive homes
- Quitsna, NC: less expensive homes
- Quinerly, NC: equally priced homes
- Millersburg, IA: higher priced homes
- Mill Creek, OK: less expensive homes
- Middleton, GA: equally priced homes
- Middleport, PA: less expensive homes
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