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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 $129,728, lower than the West Virginia average of $177,366.
The average cost of rent is $933/mo in Fayetteville, primarily driven by the current value of real estate in the Fayetteville area. In Fayetteville, 19.52% of households rent, and 43.73% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Fayetteville is $5,565 per month. Households that rent pay about 16.77% of their income on rent here. Fayetteville’s most expensive areas are in the western regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Dempsey, WV: higher priced homes
- Lochgelly, WV: less expensive homes
- Lansing, WV: less expensive homes
- Minden, WV: less expensive homes
- Oak Hill, WV: equally priced homes
- Gaymont, WV: less expensive homes
- Edmond, WV: equally priced homes
- Beckwith, WV: less expensive homes
- Winona, WV: less expensive homes
- Victor, WV: less expensive homes
Cities with Similar Populations
- Morton, PA: higher priced homes
- Peebles, OH: higher priced homes
- Paulding, OH: higher priced homes
- Paulden, AZ: higher priced homes
- Parma, ID: higher priced homes
- Park Hill, OK: higher priced homes
- Pardeeville, WI: higher priced homes
- Mount Carmel, PA: less expensive homes
- Moundville, AL: higher priced homes
- Mosheim, TN: higher priced homes
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