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 $265,400, higher than the Indiana average of $175,617.
The average cost of rent is $1,144/mo in Fayette, primarily driven by the current value of real estate in the Fayette area. While nearly 31.64% of residents own their homes outright in Fayette, 8.72% rent.
Housing affordability isn’t just about home prices, though. The average household income in Fayette is $7,675 per month. Households that rent pay about 14.90% of their income on rent here. Fayette's most expensive areas are in the southwestern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Royalton, IN: equally priced homes
- Herr, IN: less expensive homes
- Pittsboro, IN: equally priced homes
- Whitestown, IN: higher priced homes
- Brownsburg, IN: equally priced homes
- Milledgeville, IN: less expensive homes
- Tilden, IN: equally priced homes
- New Brunswick, IN: less expensive homes
- Zionsville, IN: higher priced homes
- Lizton, IN: less expensive homes
Cities with Similar Populations
- Sharpe, KY: less expensive homes
- Hartford, NY: less expensive homes
- Hawkeye, IA: less expensive homes
- Hickory Valley, AR: less expensive homes
- Hilltop, CO: higher priced homes
- Isla Vista, CA: higher priced homes
- Jedburg, SC: less expensive homes
- Juddville, MI: less expensive homes
- Scottown, OH: less expensive homes
- Gorman, TN: less expensive homes
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