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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 $103,330, lower than the Missouri average of $246,641.
The average cost of rent is $595/mo in Fairfax, primarily driven by the current value of real estate in the Fairfax area. In Fairfax, 27.25% of households rent, and 59.19% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Fairfax is $4,818 per month. Households that rent pay about 12.35% of their income on rent here. Fairfax’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Corning, MO: higher priced homes
- Tarkio, MO: less expensive homes
- Rock Port, MO: higher priced homes
- Craig, MO: higher priced homes
- Quitman, MO: less expensive homes
- Westboro, MO: higher priced homes
- Mound City, MO: higher priced homes
- Watson, MO: higher priced homes
- Nemaha, NE: higher priced homes
- Brownville, NE: higher priced homes
Cities with Similar Populations
- Pruntytown, WV: higher priced homes
- Holmesville, NE: higher priced homes
- Hospah, NM: less expensive homes
- Koele, HI: higher priced homes
- Parksville, NY: higher priced homes
- Perrysville, IN: higher priced homes
- Pickton, TX: higher priced homes
- Poplar Springs, AL: higher priced homes
- Princeton, SC: higher priced homes
- Holcomb, MO: equally priced homes
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