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 $121,300, lower than the Utah average of $361,191.
The average cost of rent is $768/mo in Fayette, primarily driven by the current value of real estate in the Fayette area. While nearly 49.59% of residents own their homes outright in Fayette, 44.50% rent.
Housing affordability isn’t just about home prices, though. The average household income in Fayette is $2,238 per month. Households that rent pay about 34.32% of their income on rent here. Fayette's most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Gunnison, UT: higher priced homes
- Centerfield, UT: higher priced homes
- Sterling, UT: higher priced homes
- Mayfield, UT: higher priced homes
- Manti, UT: higher priced homes
- Axtell, UT: equally priced homes
- Scipio, UT: higher priced homes
- Redmond, UT: higher priced homes
- Ephraim, UT: higher priced homes
- Mills, UT: higher priced homes
Cities with Similar Populations
- Reese, TX: higher priced homes
- Northboro, IA: less expensive homes
- Quicksand, KY: less expensive homes
- Quinn, AR: higher priced homes
- Radiant, VA: higher priced homes
- Rainsville, NM: less expensive homes
- Ralston, IA: equally priced homes
- Rapidan, MN: higher priced homes
- Raymond City, WV: higher priced homes
- Reads Landing, MN: higher priced homes
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