Cost of Living in Fayette County, Ohio

$807/mo
Median Monthly Rent
$162,200
Median Home Value
8% below state averageUnaffordable

At a Glance

Median Monthly Rent
$807/mo
8% below state average
Median Home Value
$162,200
42% below national
Rent-to-Income Ratio
24.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How Fayette County Compares

Median monthly rent comparison

Fayette County$807/mo
Ohio Average$873/mo
National Median$1,163/mo

Detailed Housing Stats

$807/mo
Median Gross Rent
$162,200
Median Home Value
$942/mo
Monthly Owner Cost
24.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Fayette County, Ohio

Fayette's affordability challenged by lower incomes

Fayette County's median household income of $60,047 trails the national average by 20%, yet renters spend 16.1% of income on rent—above Ohio's state average. At $807 monthly, Fayette's rents are reasonable in absolute terms, but lower incomes create relative affordability pressure.

Mid-range affordability with income constraints

Fayette County's 16.1% rent-to-income ratio sits above Ohio's state average of 15.6%, placing it in the less-affordable tier despite moderate monthly rents of $807. The county's below-average household incomes ($60,047 vs. state norms) are the primary affordability constraint.

Competitive rents paired with lower earnings

Fayette's $807 monthly rent sits between Darke County ($747) and Defiance County ($826), but the county's lower incomes ($60,047) make this mid-range rent more burdensome. Home values of $162,200 position Fayette squarely in the affordable-county tier.

Housing costs strain modest Fayette incomes

A typical Fayette County renter earning $60,047 annually pays $807 monthly in rent, consuming 16.1% of gross income, while homeowners spend $942 on $162,200 median-valued homes. These ratios leave less household budget flexibility than higher-income counties, despite reasonable absolute housing costs.

Fayette suits cost-conscious lower-income relocators

If you're relocating with below-average household income, Fayette County's modest rents and home prices offer genuine affordability—though less margin for emergencies than wealthier counties. Compare Fayette's numbers carefully to other lower-income Ohio counties before choosing.

Affordability Calculator

See how your income compares to housing costs in Fayette County

$

Rent Burden

16.1%

of gross income

Max Housing (28% Rule)

$1,401

per month

Owner Cost Burden

18.8%

of gross income

You can likely afford the median home in Fayette County

Median home value is $162,200. Estimated monthly cost: $1,295 vs. your max of $1,401.

Rent Affordability Guide

Your rent-to-income ratio16.1%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Fayette County, Ohio?
Fayette County, Ohio has a median monthly rent of $807/mo and a median home value of $162,200. The affordability rating is Unaffordable, with rent making up approximately 24.0% of median household income.
What is the median rent in Fayette County?
The median gross rent in Fayette County is $807/mo. This is 8% below state average for Ohio.
Is Fayette County affordable?
Fayette County is rated Unaffordable based on rent-to-income ratio of 24.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Fayette County's rent compare to the state average?
Fayette County's median rent of $807/mo is 8% below state average of $873/mo for Ohio.
What is the median home value in Fayette County?
The median home value in Fayette County, Ohio is $162,200. This is 42% below the national median home value of $281,900.
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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.