
Home Price Key
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 $140,088, lower than the New York average of $481,023.
The average cost of rent is $935/mo in Fayette, primarily driven by the current value of real estate in the Fayette area. While nearly 39.64% of residents own their homes outright in Fayette, 18.27% rent.
Housing affordability isn’t just about home prices, though. The average household income in Fayette is $6,554 per month. Households that rent pay about 14.27% of their income on rent here. Fayette's most expensive areas are in the southeastern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- MacDougall, NY: higher priced homes
- Romulus, NY: higher priced homes
- Levanna, NY: equally priced homes
- Seneca Falls, NY: less expensive homes
- Union Springs, NY: equally priced homes
- Pastime Park, NY: equally priced homes
- Waterloo, NY: less expensive homes
- Poplar Beach, NY: higher priced homes
- Kendaia, NY: equally priced homes
- Cayuga, NY: higher priced homes
Cities with Similar Populations
- Pleasant Valley, WA: higher priced homes
- Mowbray, TN: higher priced homes
- Mumford, TX: higher priced homes
- Mummasburg, PA: higher priced homes
- Munich, ND: less expensive homes
- Murphy, WV: less expensive homes
- Nances Creek, AL: less expensive homes
- Nanticoke, NY: less expensive homes
- Newport, OH: less expensive homes
- Newton, WA: higher priced homes
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