Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Fayetteville area can be challenging. Home prices in Fayetteville are now at a median cost of $250,603, higher than the Arkansas average of $160,541.
The average cost of rent is $969/mo in Fayetteville, primarily driven by the current value of real estate in the Fayetteville area. While nearly 41.95% of residents own their homes outright in Fayetteville, 47.40% rent.
Housing affordability isn’t just about home prices, though. The average household income in Fayetteville is $5,688 per month. Households that rent pay about 17.04% of their income on rent here. Fayetteville's most expensive areas are in the northwestern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Johnson, AR: equally priced homes
- Wyman, AR: equally priced homes
- Farmington, AR: less expensive homes
- Crosses, AR: higher priced homes
- Greenland, AR: less expensive homes
- Tontitown, AR: higher priced homes
- Springdale, AR: less expensive homes
- Harris, AR: less expensive homes
- Goshen, AR: higher priced homes
- Tuttle, AR: less expensive homes
Cities with Similar Populations
- Burbank, CA: higher priced homes
- Canton, OH: less expensive homes
- Carson, CA: higher priced homes
- Apopka, FL: higher priced homes
- Antioch, CA: higher priced homes
- Atlanta, GA: higher priced homes
- Apex, NC: higher priced homes
- Arlington, VA: higher priced homes
- Anchorage, AK: higher priced homes
- Aurora, IL: less expensive homes
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