
Home Price Key
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 $247,522, higher than the Tennessee average of $218,916.
The average cost of rent is $1,057/mo in Fayette County, primarily driven by the current value of real estate in the Fayette County area. While nearly 38.83% of residents own their homes outright in Fayette County, 18.91% rent.
Housing affordability isn’t just about home prices, though. The average household income in Fayette County is $6,303 per month. Households that rent pay about 16.77% of their income on rent here. Fayette County's most expensive areas are in the southwestern regions, while the cheapest areas are in the northeastern parts of the county.
Nearby Counties
- Shelby County, TN: less expensive homes
- Hardeman County, TN: less expensive homes
- Crittenden County, AR: less expensive homes
- McNairy County, TN: less expensive homes
- Hardin County, TN: less expensive homes
- Cross County, AR: less expensive homes
- Wayne County, TN: less expensive homes
- Woodruff County, AR: less expensive homes
- Lawrence County, TN: less expensive homes
- White County, AR: less expensive homes
Counties with Similar Populations
- Clatsop County, OR: higher priced homes
- Douglas County, NV: higher priced homes
- Dearborn County, IN: less expensive homes
- Darke County, OH: less expensive homes
- Dale County, AL: less expensive homes
- Curry County, NM: less expensive homes
- Crittenden County, AR: less expensive homes
- Columbus County, NC: less expensive homes
- Colquitt County, GA: less expensive homes
- Coles County, IL: less expensive homes
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