Home prices
The median home in Fairmont costs $60,000. Compared to nearby areas it is about $25,340 (29%) lower.It is about $157,500 (72%) lower compared to the nation as a whole, and it is roughly $109,800 (64%) lower in comparison to the city of Lincoln.
Rents
The median monthly rent in Fairmont is $508. Compared to nearby areas it is roughly $141 (21%) lower.In comparison to the entire nation it is about $554 (52%) lower, and compared to the city of Lincoln it is roughly $344 (40%) lower.
Nearby places
Exeter
Exeter is roughly 6 miles east from Fairmont. Its housing prices are a little more expensive. Exeter's median home price is $74,800, which comes out to $14,800 (19%) higher than Fairmont. Its rents are a little more expensive. Exeter's median rent is $625 a month, which is $117 (18%) higher than Fairmont.
Geneva
Geneva is approximately 6 miles south from Fairmont. The housing prices there are somewhat more expensive. Geneva's median home cost is $77,900, which works out to $17,900 (22%) higher than Fairmont. Its rents are a bit more expensive. In Geneva the median monthly rent is $581, which comes out to $73 (12%) higher than Fairmont.
McCool Junction
McCool Junction is roughly 7 miles north from Fairmont. Its housing prices are a lot more expensive. McCool Junction's median home price is $125,000, which is $65,000 (52%) higher than Fairmont. The rent there is substantially more expensive. In McCool Junction the median monthly rent is $764, which comes out to $256 (33%) higher than Fairmont.
Sutton
Sutton is roughly 12 miles west of Fairmont. The housing prices there are significantly more expensive. The median home in Sutton costs $105,400, which works out to $45,400 (43%) higher than Fairmont. Rent there is a bit more expensive. In Sutton the median rent is $701 a month, which is $193 (27%) higher than Fairmont.
Milligan
Milligan is roughly 12 miles southeast of Fairmont. The housing prices there are substantially less expensive. The median home in Milligan is valued at $43,600, which is $16,400 (37%) lower than Fairmont. Rents there are a little more expensive. Milligan's median rent is $575 a month, which is $67 (11%) higher than Fairmont.