Housing in Fayette, AL
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Zillow — January 2026Zillow Home Value Index
$134,827
Fayette vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Fayette is highlighted.
Median Home Value
31st%ilemost expensive$122,100show rank
Median Rent
7th%ilemost expensive rent$589show rank
Rent Burden
50th%ilehighest rent burden18.6%show rank
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$122,100
Median Rent
$589
Total Housing Units
2,444
Vacancy Rate
29.8%
Owner Occupied
60.9%
Renter Occupied
39.1%
Median Property Tax
$435
per year
Monthly Cost (w/ Mortgage)
$658
Housing Types
Single Family66.3%
Multi-Family29.4%
Mobile Home4.3%
The median home value in Fayette, AL is $122,100. According to Zillow, the home value index for Fayette is $134,827. The median rent is $589 per month (Census ACS). About 60.9% of housing units are owner-occupied. The median year homes were built is 1974. There are 2,444 total housing units.