Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Fayette area can be challenging. Home prices in Fayette are now at a median cost of $109,988, lower than the Alabama average of $185,232.
The average cost of rent is $634/mo in Fayette, primarily driven by the current value of real estate in the Fayette area. While nearly 61.76% of residents own their homes outright in Fayette, 30.14% rent.
Housing affordability isn’t just about home prices, though. The average household income in Fayette is $4,275 per month. Households that rent pay about 14.83% of their income on rent here. Fayette's most expensive areas are in the northwestern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Cedar Hill, AL: higher priced homes
- Rossland City, AL: equally priced homes
- Hubbertville, AL: less expensive homes
- Stough, AL: less expensive homes
- Belk, AL: less expensive homes
- Bankston, AL: less expensive homes
- Fowlers Crossroads, AL: less expensive homes
- Pea Ridge, AL: less expensive homes
- Glen Allen, AL: higher priced homes
- Berry, AL: equally priced homes
Cities with Similar Populations
- Northwood, OH: higher priced homes
- Pevely, MO: higher priced homes
- Peterborough, NH: higher priced homes
- Perry, OH: higher priced homes
- Perry, MI: higher priced homes
- Perkinston, MS: higher priced homes
- Perham, MN: higher priced homes
- Peoria Heights, IL: higher priced homes
- Penns Grove, NJ: higher priced homes
- Oak Island, NC: higher priced homes
All Local Stats
Home Services
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren't able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood