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 $152,400, lower than the Illinois average of $242,002.
The average cost of rent is $1,063/mo in Fayetteville, primarily driven by the current value of real estate in the Fayetteville area. While nearly 43.81% of residents own their homes outright in Fayetteville, 30.00% rent.
Housing affordability isn’t just about home prices, though. The average household income in Fayetteville is $5,702 per month. Households that rent pay about 18.64% of their income on rent here. Fayetteville's most expensive areas are in the northern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- St. Libory, IL: equally priced homes
- Lenzburg, IL: equally priced homes
- New Athens, IL: equally priced homes
- Freeburg, IL: higher priced homes
- New Memphis, IL: equally priced homes
- Mascoutah, IL: higher priced homes
- Old Marissa, IL: less expensive homes
- Marissa, IL: less expensive homes
- Stone Church, IL: higher priced homes
- Venedy, IL: equally priced homes
Cities with Similar Populations
- Ricardo, TX: higher priced homes
- Rapps Mill, VA: higher priced homes
- Rathbone, NY: less expensive homes
- Rathbun, PA: less expensive homes
- Rattigan, PA: higher priced homes
- Rawalts, IL: less expensive homes
- Rawson, NY: less expensive homes
- Red Fish, LA: less expensive homes
- Refton, PA: higher priced homes
- Revelo, KY: less expensive homes
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