Housing & Real Estate — Fairbank, Iowa
Overview
| Total Housing Units | 569 |
|---|
| Occupied | 552 |
|---|
| Vacant | 17 |
|---|
| Owner-Occupied | 475 |
|---|
| Renter-Occupied | 77 |
|---|
| Median Home Value (Census) | $186,900 |
|---|
| Estimated 2026 | ~$223,000 |
|---|
| Median Rent | $630/mo |
|---|
| Median Property Tax | $2,138/yr |
|---|
Affordability
| Home Price to Income Ratio | N/Ax |
|---|
| Home Affordability | affordable |
|---|
| Rent as % of Income | 8.4% |
|---|
| Severely Rent-Burdened | 22.7% |
|---|
Housing Age
| Built 2010 or later | 27 |
|---|
| Built 2000-2009 | 73 |
|---|
| Built 1990-1999 | 38 |
|---|
| Built before 1960 | 167 |
|---|
| Median Year Built | 1970 |
|---|
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.
