Fairfax, MN
Full City Profile · Minnesota · Renville County County
3.3
/5.0
B
Good
1,134
Population
866/sq mi density
$53,750
Median Income
$26,696 per capita
$99,800
Home Value
$183,471 Zillow
$410
Median Rent
38.6% income on rent
45°F
Avg Temperature
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.8 / 5.0
$53,750 median income, 1.9% unemployment
A+
Affordability
5.0 / 5.0
$99,800 home value, $410/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
D
Education
1.8 / 5.0
9.4% bachelor's degree or higher
Housing Overview
Median Home Value
$99,800
65% below
US avg: $281,900
Median Rent
$410/mo
65% below
US avg: $1,163/mo
Homeownership Rate
81.9%
25% above US avg (65.4%)
Total Housing Units
480
Median year built: 1945
Home Value by Source
Census Median
$99,800
Zillow (ZHVI)
$183,471
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
81.9%
Owner-Occupied
18.1%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$809/mo
1 Bedroom
$899/mo
2 Bedroom
$1,125/mo
3 Bedroom
$1,483/mo
4 Bedroom
$1,698/mo
Census median rent:
$410/mo
Affordability & Housing Stock
Rent Burden
38.6%
of renters spending 30%+ of income on housing
25% above US avg (31.0%)
Median Year Built
1945
Average age of housing stock: 81 years
Homeownership Rate
81.9%
Complete Housing Data
Home Values
| Census Median Value | $99,800 |
| Zillow Home Value (ZHVI) | $183,471 |
Rent
| Census Median Rent | $410 |
| FMR Studio | $809 |
| FMR 1-Bedroom | $899 |
| FMR 2-Bedroom | $1,125 |
| FMR 3-Bedroom | $1,483 |
| FMR 4-Bedroom | $1,698 |
Market
Ownership & Stock
| Owner-Occupied | 81.9% |
| Renter-Occupied | 18.1% |
| Homeownership Rate | 81.9% |
| Total Housing Units | 480 |
| Median Year Built | 1945 |
| Rent Burden | 38.6% |