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City · 7,057 residents · Lincoln County, Tennessee

Fayetteville , Tennessee

In Fayetteville, a typical home is worth $230,800 and typical rent is $779 a month. Compared with all of Lincoln County, typical household income is 24% lower, typical rent is 9% lower, and the share of households that own their home is 27 points lower.

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  • Typical home value

    $230,800

    About the same as the county

    19% below Tennessee

    • Fayetteville
    • Lincoln
    • Tennessee

  • Typical rent

    $779a month

    9% below the county

    34% below Tennessee

    • Fayetteville
    • Lincoln
    • Tennessee

  • Typical household income

    $49,223a year

    24% below the county

    29% below Tennessee

    • Fayetteville
    • Lincoln
    • Tennessee

  • Households that own their home

    49%

    27 points below the county

    18 points below Tennessee

    • Fayetteville
    • Lincoln
    • Tennessee

Source: U.S. Census Bureau, Average 2020–2024

Market now, with Zillow data

Zillow data
Typical home value
$249,412
2.4% more than 12 months ago

From Zillow (ZHVI), September 2026. The Census figures above are 5-year averages (2020–2024).

Fayetteville is in Lincoln County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of Lincoln County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Fayetteville apart

What this place has that others do not, from public data, most unusual first.

  1. 49% of households in Fayetteville own their home, against 76% in Lincoln County.

  2. The typical household income in Fayetteville is $49,223, 24% less than in Lincoln County as a whole ($64,667).

  3. Nearby, in Pulaski, the typical home value is $194,400: 16% less than in Fayetteville ($230,800).

Sources: U.S. Census Bureau (Average 2020–2024).

The homes here

Housing in Fayetteville

What homes there are in Fayetteville, what they cost, how that changed and how people live, from Census figures (2020–2024).

What homes there are

U.S. Census Bureau, ACS 5-year, 2020–2024

Kind of home

Detached houses are the majority in Fayetteville (67%), but less so than in Lincoln County (78%).

Year built

All homes, occupied or empty. A figure the Census cannot measure precisely enough here is not shown.

Census tables: B25024, B25034, B25035, B25041

What it costs here

U.S. Census Bureau, ACS 5-year, 2020–2024

Value of owner-occupied homes
Monthly rent with utilities

With a mortgage

$1,413 a month

Lincoln County: $1,430 a month

Without a mortgage

$585 a month

Lincoln County: $464 a month

Owners with a mortgage

58%

Lincoln County: 48%

Owning costs about the same in Fayetteville as in Lincoln County: with a mortgage, $1,413 a month; without one, $585.

Value: what owners think their home is worth. Rent: rent plus utilities, for homes of every size. The FHA limit is the most an FHA loan (Federal Housing Administration) lends for a one-unit home; the fair market rent (FMR) is the one HUD uses for housing vouchers.

Census tables: B25075, B25063, B25088, B25081

How it changed

U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024

Change since 2015–2019

From 2015–2019 to 2020–2024, the typical home value in Fayetteville rose 119%; in Lincoln County, it rose 69%.

Since 2015–2019, the typical rent in Fayetteville rose 15%, less than in Lincoln County (25%).

To compare: typical income in Fayetteville rose 37%; the home, +119%; the rent, +15%.

Change between two 5-year periods that do not overlap, in each period's dollars, not adjusted for inflation.

Census tables: B25077, B25064, B19013

How people live

U.S. Census Bureau, ACS 5-year, 2020–2024

MeasureFayettevilleLincoln CountyTennesseeUnited States
Rental vacancy Unreliable estimateUnreliable estimate6.1%5.5%
Homeowner vacancy Unreliable estimateUnreliable estimate0.9%0.9%
More than one person per room Unreliable estimateUnreliable estimate2.2%3.4%
People per household 2.252.392.452.53
Drive alone 85%82%76%69%
Carpool Unreliable estimate9%8%9%
Public transit Unreliable estimateUnreliable estimate0%3%
Walk or bike Unreliable estimateUnreliable estimate1%3%
Work from home Unreliable estimate7%13%15%
Other means Unreliable estimateUnreliable estimate1%2%
Typical commute Unreliable estimateUnreliable estimate20 to 29 minutes20 to 29 minutes

Fewer people live in each home here: 2.25 on average, against 2.39 in Lincoln County.

To get to work, 85% of workers in Fayetteville drive alone; in Lincoln County, 82%.

Vacancy: empty homes offered for rent or for sale. Rooms: every room in the home, not only bedrooms. Commute: the minute range of the typical worker.

Census tables: B25004, B25003, B25014, B25010, B08301, B08303

Do the math

What would you pay each month for a home in Fayetteville?

A typical home costs more than the typical income allows

We start with a typical home in Fayetteville, worth $230,800, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 45% of the typical household income in Fayetteville, which is $49,223 a year. For that payment to be 28% of income, a household would need to earn about $78,907 a year.

The calculator's FHA and conventional loan limits are those of all of Lincoln County.

Your numbers

Local data
$

Starts at the typical home value in Fayetteville. Change it to the price you have in mind.

Loan type
Your credit score

Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.

Down payment
%

That is $8,078 (3.5% of the price). The usual minimum for this loan is 3.5%.

This week's average ± a quarter or half point.

Term

National average as of November 5, 2026 (Freddie Mac); your rate may be different.

Adjust advanced details

Estimated monthly payment

Local data

$1,841

at 7.18% · 30 years

Loan amount
$226,620
Total interest
$326,052
Paid off in
November 2056

Includes $3,898 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $1,149 a month

  • Tight

    $1,149 to $1,477 a month

  • Hard

    more than $1,477 a month

    Your payment · 45%

Compared with the typical household income in Fayetteville ($49,223 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$1,841
Principal & interest$1,535
Property tax$108
Home insurance$96
FHA mortgage insurance (MIP)$102

You need at least $8,078 for the down payment, plus closing costs.

Next step

This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.

The city and its county

Fayetteville and Lincoln County

Fayetteville is in Lincoln County, Tennessee. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).

Fayetteville's own numbers

Typical home value
$230,800
Typical monthly rent
$779
Typical yearly household income
$49,223
Households that own their home
49%
Effective property tax rate
0.56%

U.S. Census Bureau, American Community Survey (average 2020–2024).

Numbers for all of Lincoln County

FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$995
Price change over 5 years (FHFA)
+75%
Homes in a high flood-risk zone
1.1%

HUD, FHFA and FEMA don't publish these numbers by city.

Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Lincoln County.

Everything about Lincoln County

Buying

Buying a home in Fayetteville

A typical home in Fayetteville is worth $230,800: about the same as the county and 19% below Tennessee. With the typical household income in Fayetteville ($49,223 a year), a typical home costs 4.7 times what the household earns in a year.

Years of income to pay for a typical home

The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.

  • Fayetteville 4.7 years
  • Lincoln 3.6 years
  • Tennessee 4.1 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Lincoln County

According to FHFA’s house price index, home prices in Lincoln County rose 122% in the 10 years through 2025.

FHFA does not publish this index by city: these are the numbers for all of Lincoln County.

Period County Tennessee U.S.
Last year (2025) +7.4% +2.4% +2.9%
5 years (2020–2025) +75% +60% +47%
10 years (2015–2025) +122% +114% +85%

The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data

Fayetteville next to Lincoln County, Tennessee and the U.S.

Three numbers side by side. “Typical” means the median: half are above it and half below.

Typical home value
  • Fayetteville $230,800
  • Lincoln $229,700
  • Tennessee $286,700
  • United States $332,700
Typical monthly rent
  • Fayetteville $779
  • Lincoln $857
  • Tennessee $1,189
  • United States $1,413
Typical yearly household income
  • Fayetteville $49,223
  • Lincoln $64,667
  • Tennessee $69,595
  • United States $80,734
See the full table
Fayetteville next to Lincoln County and Tennessee
Measure Fayetteville Lincoln County Tennessee U.S.
Typical home value $230,800 $229,700 $286,700 $332,700
Typical monthly rent $779 $857 $1,189 $1,413
Typical yearly household income $49,223 $64,667 $69,595 $80,734
Households that own their home 49% 76% 67% 65%
Typical yearly property tax $1,302 $1,038 $1,442 $3,119
Effective property tax rate 0.56% 0.45% 0.5% 0.94%
Renters with high rent for their income 51% 41% 49% 51%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Lincoln County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.

Four ways to pay for a typical home in Fayetteville

For a typical $230,800 home in Fayetteville, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Fayetteville's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $1,841a month

    Least cash to close
    Down payment
    $8,078
    Cash to close
    $15,002
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $102

  • Conventional, 5% down $1,799a month

    Down payment
    $11,540
    Cash to close
    $18,464
    Rate
    7.18%
    Mortgage insurance
    PMI · $110

  • Conventional, 20% down, no PMI $1,455a month

    Down payment
    $46,160
    Cash to close
    $53,084
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $1,668a month

    Down payment
    $34,620
    Cash to close
    $41,544
    Rate
    8.18%
    Mortgage insurance
    None

The option that asks for the least cash to close is FHA, 3.5% down.

  • Cash to close = down payment plus 3% of the price in closing costs (example).
  • Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
  • The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.

How much house can I afford? Estimate closing costs

Taxes and floods

Two costs that change from place to place

Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for Fayetteville and for Lincoln County.

Property tax

Effective rate in Fayetteville

0.56%of the home’s value each year

$1,302 a year for the typical owner in Fayetteville.

  • Fayetteville 0.56%
  • Lincoln 0.45%
  • Tennessee 0.5%

What Tennessee publishes Property tax relief for older, disabled and disabled-veteran homeowners (Tennessee Comptroller of the Treasury, 2026 Property Tax Relief Program brochure)

Exemptions and deadlines in Tennessee

Flood risk in Lincoln County

FEMA does not publish these numbers by city: they are for all of Lincoln County.

Homes in the high-risk zone
1.1%
189
Of those, with NFIP insurance
10%
County Tennessee U.S.
Homes in the high-risk zone 1.1% 1.6% 3.5%
Of those, with NFIP insurance 10% 25% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Fayetteville

Typical rent in Fayetteville is $779 a month: 9% below the county. In Fayetteville, 51% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of Lincoln County, by unit size. To pay the 2-bedroom one ($995 a month) without spending more than 30% of your income, you would need to earn $19.13 an hour working full time.

HUD fair market rent for all of Lincoln County

What you need to earn to pay it without spending more than 30% of income, working full time.

Size Fair rent a month Hourly wage Yearly income
Studio $761 $14.63 $30,440
1 bedroom $882 $16.96 $35,280
2 bedrooms $995 $19.13 $39,800
3 bedrooms $1,363 $26.21 $54,520
4 bedrooms $1,528 $29.38 $61,120

Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027

By ZIP code

Fair market rent by ZIP code in Fayetteville

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Fayetteville is in ZIP code 37334.

For 2 bedrooms it is $1,010: $15 more than the fair market rent for Lincoln County ($995).

  • 37334 $1,010$1,380

1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Fayetteville when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD) Fiscal year 2027 Small Area Fair Market Rents (HUD) Source: Census Bureau ZCTA-to-place relationship file Data from 2020 data Census Bureau ZCTA-to-place relationship file

Is your rent high for your ZIP?

Low-income apartments

Low-income apartments in Fayetteville

HUD lists 8 buildings with rents for lower incomes in Fayetteville. These are the largest.

  • Mayberry Court 46 Mark Ave, Fayetteville 37334 268 low-income homes · Run by Fayetteville Housing Authority · Average payment: $335 a month · Average wait: 7 months (931) 433-1587
  • Taylor Way 1815 Wilson Pkwy, Fayetteville 37334 96 low-income homes · 1 bd: 36 · 2 bd: 60 · In service since 2011 · For people with disabilities
  • Fayetteville Square 2000 College St W, Fayetteville 37334 54 homes, 53 low-income · For older adults (931) 433-0339
  • Elk Way Apts 114 Marty RD, Fayetteville 37334 48 low-income homes · 2 bd: 38 · 3 bd: 10 · In service since 2011 · For families
  • Sterling Greene 111 Sterling Greene Cir, Fayetteville 37334 48 low-income homes · 2 bd: 8 · 3 bd: 24 · 4 bd: 16 · In service since 2012 · For people with disabilities, families

See all 8 buildings in Lincoln County Source: HUD, Retrieved November 6, 2026

Free help

Help to buy or rent in Fayetteville

You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.

We found no HUD-approved agencies with an office in Lincoln County. The nearest ones are below; many serve by phone or online.

An older man and his daughter go over papers with a professional.

HUD counseling is free or low-cost

Assistance programs in Fayetteville

No down payment, repair or rent-help program on our list is for Fayetteville or Lincoln County. The ones below are statewide in Tennessee: they work in Fayetteville the same as in the rest of the state.

Which programs do I qualify for? All programs in Tennessee

  • Great Choice Plus

    Statewide in Tennessee

    Tennessee state agency help with the down payment and closing costs alongside the Great Choice mortgage: $6,000 or $10,000 forgivable over 10 years with no payments, or up to 5% of the price (maximum $15,000) as a 30-year second mortgage. Offered by Tennessee Housing Development Agency (THDA).

    ForgivableRepayable

    See the program Official page

Housing counselors near Fayetteville

The HUD-approved agencies closest to the center of Fayetteville, in a straight line, nearest first. If one says it serves in Spanish, its card says so.

  • Good Neighbor Foundation

    129 W Fowlkes St, Franklin · 56 miles away · Spanish

    Also serves in Arabic.

    • Mortgage delinquency and default
    • Home improvement and repairs
    • and 3 more
    (615) 610-4912

  • Life of Victory International Christian Ministries

    144 Bain Dr Ste 200, La Vergne · 59 miles away · Spanish

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 3 more
    (615) 213-1468

  • Dominion Financial Management

    661 Fitzhugh Blvd, Smyrna · 60 miles away

    • Mortgage delinquency and default
    • Budget and credit workshops
    • and 6 more
    615-220-5858x111

All counseling agencies in Tennessee

Help in Spanish near Fayetteville

2 of the 3 agencies on this list say they serve in Spanish.

Ask for service in Spanish

When you call, say “Spanish, please” or ask if someone speaks Spanish. If not, ask whether they offer an interpreter.

Housing authorities of Fayetteville

HUD’s record names them for Fayetteville or Lincoln County. They run public housing or Section 8 vouchers. Ask whether their waiting list is open.

All housing agencies in Tennessee Source: HUD

Cities

Nearby cities

The cities closest to Fayetteville, with the typical home value.

Everything about Lincoln County Housing in Tennessee

Neighboring counties

If Lincoln County is out of reach, look next door. Each number is that county's own.

Keep going

Guides for your next step

Short explanations, in plain language and with official sources, for buying or renting in Fayetteville.

All guides
Two parents walk hand in hand with their little daughter.

Questions

Housing questions about Fayetteville

Short answers with the numbers for Fayetteville and all of Lincoln County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.

How much does a typical home cost in Fayetteville?

The typical home value in Fayetteville is $230,800, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Lincoln County it is $229,700.

How much does it cost to rent in Fayetteville?

Typical rent in Fayetteville is $779 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Lincoln County is $995.

What is the FHA loan limit in Fayetteville?

Fayetteville uses the FHA limit for all of Lincoln County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.

How much property tax do owners pay in Fayetteville?

The typical homeowner in Fayetteville pays $1,302 a year, according to the U.S. Census Bureau. That is 0.56% of the home’s value; in Lincoln County, the rate is 0.45%.

Where can I find free help to buy or rent in Fayetteville?

We found no HUD-approved counseling agencies with an office in Lincoln County; the nearest ones are on this page. They can help you get ready to buy, with your credit, or with rent.

Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024); FHA mortgage limits (HUD) (2026 data); Conforming loan limits (FHFA) (2026 data); Fair Market Rents (HUD) (Fiscal year 2027); Small Area Fair Market Rents (HUD) (Fiscal year 2027); Census Bureau ZCTA-to-place relationship file (2020 data); HUD-approved housing counseling agencies (Retrieved November 6, 2026); Public Housing Agencies (HUD) (Retrieved November 6, 2026); Freddie Mac Primary Mortgage Market Survey (PMMS) (As of November 5, 2026); FHFA House Price Index (HPI) (2025 data); Homes with flood insurance (NFIP, FEMA) (As of August 3, 2026).