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 $98,836, lower than the South Dakota average of $199,518.
The average cost of rent is $748/mo in Fayette, primarily driven by the current value of real estate in the Fayette area. While nearly 66.59% of residents own their homes outright in Fayette, 15.44% rent.
Housing affordability isn’t just about home prices, though. The average household income in Fayette is $4,989 per month. Households that rent pay about 14.99% of their income on rent here. Fayette's most expensive areas are in the northwestern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- North Riverside, SD: equally priced homes
- Akaska, SD: equally priced homes
- Promise, SD: less expensive homes
- Lucas, SD: less expensive homes
- Gettysburg, SD: higher priced homes
- Hoven, SD: less expensive homes
- Forest City, SD: less expensive homes
- Sanner, SD: less expensive homes
- Selby, SD: equally priced homes
- Owattonna, SD: less expensive homes
Cities with Similar Populations
- Hopewell, KS: less expensive homes
- Shotley, MN: higher priced homes
- Sharon, ID: higher priced homes
- Iroquois Point, HI: higher priced homes
- Ingleside, AR: less expensive homes
- Huron Mountain, MI: higher priced homes
- Hurnville, TX: higher priced homes
- Hunterville, MO: higher priced homes
- Hublersburg, PA: higher priced homes
- Hottelville, PA: equally priced homes
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