Fannin renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in dark green areas.
On average, the cost of rent in Fannin is about $855 per month. This puts it in the 82nd percentile compared to the state average cost of rent, which is $877. Households in Fannin have a median income of $5,925 per month so the average renter in Fannin is spending roughly 14% of their earnings on housing.
Nationally, and in Fannin, home values are the data point most closely correlated with the cost of rent. The median price of a home in Fannin is $249,620 right now, which is higher than nearby cities, meaning that rents in Fannin also tend to be higher versus these nearby cities.
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