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These days, finding an affordable place to live in the Fairfax area can be challenging. Home prices in Fairfax are now at a median cost of $1,208,963, higher than the California average of $812,006.
The average cost of rent is $2,937/mo in Fairfax, primarily driven by the current value of real estate in the Fairfax area. In Fairfax, 29.65% of households rent, and 36.88% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Fairfax is $12,161 per month. Households that rent pay about 24.15% of their income on rent here. Fairfax’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Sleepy Hollow, CA: higher priced homes
- San Anselmo, CA: higher priced homes
- Woodacre, CA: equally priced homes
- Ross, CA: higher priced homes
- San Rafael, CA: equally priced homes
- Kentfield, CA: higher priced homes
- Greenbrae, CA: higher priced homes
- San Geronimo, CA: equally priced homes
- Larkspur, CA: higher priced homes
- Lagunitas-Forest Knolls, CA: less expensive homes
Cities with Similar Populations
- Aurora, IN: less expensive homes
- Talent, OR: less expensive homes
- Ashland, NJ: less expensive homes
- Aspen, CO: equally priced homes
- Wise, VA: less expensive homes
- St. Francis, MN: less expensive homes
- Bondurant, IA: less expensive homes
- Summit Park, UT: equally priced homes
- Atlantic Highlands, NJ: less expensive homes
- Gray Court, SC: less expensive homes
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