Home Price Key
Affordable
Average
Expensive
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 $348,852, lower than the Colorado Springs average of $358,551.
The average cost of rent is $2,026/mo in Fairfax, primarily driven by the current value of real estate in the Fairfax area. While nearly 22.74% of residents own their homes outright in Fairfax, 15.42% rent.
Housing affordability isn’t just about home prices, though. The average household income in Fairfax is $9,863 per month. Households that rent pay about 20.55% of their income on rent here. Fairfax's most expensive areas are in the northern regions, while the cheapest areas are in the southeastern parts of the neighborhood.
Nearby Neighborhoods
- Briargate, Colorado Springs, CO: higher priced homes
- Stetson Hills, Colorado Springs, CO: equally priced homes
- Northeast Colorado Springs, Colorado Springs, CO: equally priced homes
- Powers, Colorado Springs, CO: less expensive homes
- Flying Horse, Colorado Springs, CO: higher priced homes
- Northgate, Colorado Springs, CO: higher priced homes
- Black Forest, Colorado Springs, CO: higher priced homes
- Northwest Colorado Springs, Colorado Springs, CO: higher priced homes
- East Colorado Springs, Colorado Springs, CO: equally priced homes
- West Colorado Springs, Colorado Springs, CO: less expensive homes
Neighborhoods with Similar Populations
- Holiday Park, St. Petersburg, FL: less expensive homes
- Rosewood, Austin, TX: higher priced homes
- Roosevelt, Seattle, WA: higher priced homes
- Rockfish, Raeford, NC: less expensive homes
- Riviera-Westchester, Bakersfield, CA: less expensive homes
- River Oaks, Memphis, TN: less expensive homes
- Ridgeway, Stamford, CT: higher priced homes
- Parkhill, Mobile, AL: less expensive homes
- Park Shore, Naples, FL: higher priced homes
- North Wyoming, Albuquerque, NM: less expensive homes
All Local Stats
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