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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 $264,330, higher than the Missouri average of $246,641.
The average cost of rent is $860/mo in Fayetteville, primarily driven by the current value of real estate in the Fayetteville area. In Fayetteville, 6.53% of households rent, and 30.24% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Fayetteville is $5,543 per month. Households that rent pay about 15.52% of their income on rent here. Fayetteville’s most expensive areas are in the northwestern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Columbus, MO: higher priced homes
- Ernestville, MO: higher priced homes
- Warrensburg, MO: less expensive homes
- Valley City, MO: higher priced homes
- Centerview, MO: equally priced homes
- Montserrat, MO: less expensive homes
- Aullville, MO: less expensive homes
- Mayview, MO: less expensive homes
- Pittsville, MO: higher priced homes
- Lake Lafayette, MO: higher priced homes
Cities with Similar Populations
- Fontana, KS: equally priced homes
- Girard, MI: less expensive homes
- Gerry, NY: less expensive homes
- Wayland, MO: less expensive homes
- West Chesterfield, NH: higher priced homes
- Garden Farms, CA: higher priced homes
- Garden City, AL: less expensive homes
- Franklin Springs, NY: equally priced homes
- Francis Creek, WI: equally priced homes
- Fort Buchanan, PR: equally priced homes
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