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 $105,860, lower than the Ohio average of $181,280.
The average cost of rent is $856/mo in Fayette, primarily driven by the current value of real estate in the Fayette area. While nearly 45.67% of residents own their homes outright in Fayette, 25.36% rent.
Housing affordability isn’t just about home prices, though. The average household income in Fayette is $4,301 per month. Households that rent pay about 19.91% of their income on rent here. Fayette's most expensive areas are in the northern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Powers, OH: higher priced homes
- Zone, OH: higher priced homes
- Munson, MI: higher priced homes
- Elmira, OH: higher priced homes
- Alvordton, OH: equally priced homes
- Morenci, MI: less expensive homes
- Tedrow, OH: higher priced homes
- Waldron, MI: less expensive homes
- North Morenci, MI: equally priced homes
- Burlington, OH: higher priced homes
Cities with Similar Populations
- Continental, OH: higher priced homes
- Loon Lake, WA: higher priced homes
- Payne, OH: equally priced homes
- Park City, KY: higher priced homes
- North Monroe, LA: higher priced homes
- Norris City, IL: equally priced homes
- New Haven, VT: higher priced homes
- New Boston, OH: less expensive homes
- Millican, TX: higher priced homes
- Pequea, PA: higher priced homes
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