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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 $68,479, lower than the South Carolina average of $296,593.
The average cost of rent is $645/mo in Fairfax, primarily driven by the current value of real estate in the Fairfax area. In Fairfax, 45.69% of households rent, and 65.14% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Fairfax is $4,633 per month. Households that rent pay about 13.92% of their income on rent here. Fairfax’s most expensive areas are in the northeastern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
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Cities with Similar Populations
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