
Expensive
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These days, finding an affordable place to live in the Fayette County area can be challenging. Home prices in Fayette County are now at a median cost of $150,202, lower than the Indiana average of $232,932.
The average cost of rent is $921/mo in Fayette County, primarily driven by the current value of real estate in the Fayette County area. In Fayette County, 27.91% of households rent, and 43.18% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Fayette County is $5,169 per month. Households that rent pay about 17.83% of their income on rent here. Fayette County’s most expensive areas are in the southern regions, while the cheapest areas are in the northern parts of the county.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Counties
- Union County, IN: higher priced homes
- Rush County, IN: higher priced homes
- Preble County, OH: higher priced homes
- Shelby County, IN: higher priced homes
- Montgomery County, OH: higher priced homes
- Johnson County, IN: higher priced homes
- Marion County, IN: higher priced homes
- Greene County, OH: higher priced homes
- Morgan County, IN: higher priced homes
- Hendricks County, IN: higher priced homes
Counties with Similar Populations
- Teller County, CO: higher priced homes
- Carroll County, AR: higher priced homes
- Cassia County, ID: higher priced homes
- Catano Municipio, PR: equally priced homes
- Cedar County, IA: higher priced homes
- Clinton County, IN: higher priced homes
- Sullivan County, IN: less expensive homes
- Tama County, IA: equally priced homes
- Taylor County, FL: equally priced homes
- Taylor County, WI: higher priced homes
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