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 $70,500, lower than the South Dakota average of $199,518.
The average cost of rent is $478/mo in Fairfax, primarily driven by the current value of real estate in the Fairfax area. While nearly 66.40% of residents own their homes outright in Fairfax, 24.93% rent.
Housing affordability isn’t just about home prices, though. The average household income in Fairfax is $3,979 per month. Households that rent pay about 12.01% of their income on rent here. Fairfax's most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Butte, NE: higher priced homes
- Bonesteel, SD: higher priced homes
- St. Charles, SD: higher priced homes
- Gross, NE: higher priced homes
- Spencer, NE: higher priced homes
- Naper, NE: equally priced homes
- Pickstown, SD: higher priced homes
- Geddes, SD: higher priced homes
- Lake Andes, SD: higher priced homes
- Herrick, SD: higher priced homes
Cities with Similar Populations
- Alma, WV: higher priced homes
- Alton Station, KY: higher priced homes
- Youmans, FL: higher priced homes
- Yorkville, CA: higher priced homes
- Anchor, IL: higher priced homes
- Yonna, OR: higher priced homes
- Pearl City, TN: higher priced homes
- Piedmont Springs, AL: equally priced homes
- Phillipsport, NY: higher priced homes
- Phillips, OK: higher priced homes
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