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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 $428,285, higher than the Georgia average of $324,634.
The average cost of rent is $1,959/mo in Fayetteville, primarily driven by the current value of real estate in the Fayetteville area. In Fayetteville, 16.86% of households rent, and 33.18% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Fayetteville is $9,700 per month. Households that rent pay about 20.19% of their income on rent here. Fayetteville’s most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Woolsey, GA: equally priced homes
- Peachtree City, GA: higher priced homes
- Lake Talmadge, GA: less expensive homes
- Tyrone, GA: higher priced homes
- Jonesboro, GA: less expensive homes
- Lovejoy, GA: less expensive homes
- Riverdale, GA: less expensive homes
- Hampton, GA: less expensive homes
- Union City, GA: less expensive homes
- Sharpsburg, GA: equally priced homes
Cities with Similar Populations
- Yorba Linda, CA: higher priced homes
- Corvallis, OR: higher priced homes
- Covina, CA: higher priced homes
- Dubuque, IA: less expensive homes
- Eagan, MN: less expensive homes
- Lake Elsinore, CA: higher priced homes
- Weatherford, TX: less expensive homes
- Warren, OH: less expensive homes
- North Port, FL: less expensive homes
- Ames, IA: less expensive homes
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