Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Faye area can be challenging. Home prices in Faye are now at a median cost of $71,246, lower than the Kentucky average of $164,895.
The average cost of rent is $1,006/mo in Faye, primarily driven by the current value of real estate in the Faye area. While nearly 67.76% of residents own their homes outright in Faye, 13.86% rent.
Housing affordability isn’t just about home prices, though. The average household income in Faye is $2,766 per month. Households that rent pay about 36.39% of their income on rent here. Faye's most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Bigstone, KY: equally priced homes
- Spanglin, KY: higher priced homes
- Sandy Hook, KY: higher priced homes
- Little Sandy, KY: higher priced homes
- Roscoe, KY: less expensive homes
- Isonville, KY: less expensive homes
- Redwine, KY: equally priced homes
- Fannin, KY: less expensive homes
- Elkfork, KY: less expensive homes
- Newfoundland, KY: less expensive homes
Cities with Similar Populations
- Alexandria, MO: higher priced homes
- Alice, ND: higher priced homes
- Alton, UT: higher priced homes
- Yolyn, WV: higher priced homes
- Penokee, KS: equally priced homes
- Piedra, CO: higher priced homes
- Pidcoke, TX: higher priced homes
- Picacho, NM: higher priced homes
- Philpott, VA: higher priced homes
- Phillips Creek, NY: higher priced homes
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