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Fayette, IA

Full City Profile · Iowa · Fayette County County

3.0 /5.0
B Good
1,242 Population 828/sq mi density
$39,297 Median Income $23,346 per capita
$123,300 Home Value $165,357 Zillow
$963 Median Rent 51.0% income on rent
45°F Avg Temperature 260 sunny days/yr
627 Violent Crime/100K 2,281 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
C+
Economy
2.9 / 5.0
$39,297 median income, 4.5% unemployment
A+
Affordability
4.9 / 5.0
$123,300 home value, $963/mo rent
F
Safety
1.0 / 5.0
627 violent crimes/100K (65% above avg)
B
Education
3.3 / 5.0
28.5% bachelor's degree or higher

Housing Overview

Median Home Value
$123,300
56% below
US avg: $281,900
Median Rent
$963/mo
17% below
US avg: $1,163/mo
Homeownership Rate
47.4%
28% below US avg (65.4%)
Total Housing Units
507
Median year built: 1942

Home Value by Source

Census Median
$123,300
Zillow (ZHVI)
$165,357
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

47.4%
Owner-Occupied
52.6%
Renter-Occupied
47%
53%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$682/mo
1 Bedroom
$723/mo
2 Bedroom
$919/mo
3 Bedroom
$1,210/mo
4 Bedroom
$1,439/mo
Census median rent: $963/mo

Affordability & Housing Stock

Rent Burden
51.0%
of renters spending 30%+ of income on housing
65% above US avg (31.0%)
Median Year Built
1942
Average age of housing stock: 84 years
Homeownership Rate
47.4%

Complete Housing Data

Home Values

Census Median Value$123,300
Zillow Home Value (ZHVI)$165,357

Rent

Census Median Rent$963
FMR Studio$682
FMR 1-Bedroom$723
FMR 2-Bedroom$919
FMR 3-Bedroom$1,210
FMR 4-Bedroom$1,439

Market

Ownership & Stock

Owner-Occupied47.4%
Renter-Occupied52.6%
Homeownership Rate47.4%
Total Housing Units507
Median Year Built1942
Rent Burden51.0%