Housing & Real Estate — Fairfax, Iowa

Overview

Total Housing Units1,009
Occupied985
Vacant24
Owner-Occupied918
Renter-Occupied67
Median Home Value (Census)$274,500
Estimated 2026~$313,000
Median Rent$1,188/mo
Median Property Tax$3,729/yr

Affordability

Home Price to Income RatioN/Ax
Home Affordabilityaffordable
Rent as % of Income12.5%
Severely Rent-Burdened32.9%

Housing Age

Built 2010 or later264
Built 2000-2009407
Built 1990-199930
Built before 1960156
Median Year Built2004
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.