Home Price Key
Affordable
Average
Expensive
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 $231,962, higher than the Kentucky average of $164,895.
The average cost of rent is $1,104/mo in Fayette County, primarily driven by the current value of real estate in the Fayette County area. While nearly 32.78% of residents own their homes outright in Fayette County, 43.89% rent.
Housing affordability isn’t just about home prices, though. The average household income in Fayette County is $6,038 per month. Households that rent pay about 18.28% of their income on rent here. Fayette County's most expensive areas are in the southeastern regions, while the cheapest areas are in the northeastern parts of the county.
Nearby Counties
- Woodford County, KY: equally priced homes
- Clark County, KY: less expensive homes
- Anderson County, KY: less expensive homes
- Franklin County, KY: less expensive homes
- Montgomery County, KY: less expensive homes
- Bath County, KY: less expensive homes
- Spencer County, KY: equally priced homes
- Menifee County, KY: less expensive homes
- Rowan County, KY: less expensive homes
- Bullitt County, KY: less expensive homes
Counties with Similar Populations
- Osceola County, FL: equally priced homes
- Merced County, CA: higher priced homes
- Mercer County, NJ: higher priced homes
- New Hanover County, NC: higher priced homes
- New London County, CT: higher priced homes
- Norfolk City, VA: equally priced homes
- Northampton County, PA: equally priced homes
- Nueces County, TX: less expensive homes
- Orange County, NY: higher priced homes
- McLennan County, TX: less expensive homes
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