Home prices
The price of the median home in Fairfax is $221,400. It is approximately $28,080 (14%) higher compared to other places in this area.In comparison to the country as a whole it is approximately $3,900 (1%) higher, and in comparison to the city of Cedar Rapids it is about $79,600 (56%) higher.
Rents
Fairfax's median monthly rent is $1,375. In comparison to other places in this area this is about $619 (81%) higher.It is about $313 (29%) higher in comparison to the rest of the nation, and in comparison to the city of Cedar Rapids is about $608 (79%) higher.
Nearby places
Walford
Walford is approximately 3 miles southwest of Fairfax. Real estate prices there are fairly similar. The price of the median home in Walford is $215,000, which works out to $6,400 (2%) lower than Fairfax. Its rents are a lot less expensive. In Walford the median monthly rent is $639, which is $736 (115%) lower than Fairfax.
Atkins
Atkins is about 5 miles northwest from Fairfax. Housing prices there are pretty similar. The median home value in Atkins is $223,500, which is very similar to Fairfax. Rents there are substantially less expensive. Atkins's median monthly rent is $585, which is $790 (135%) lower than Fairfax.
Swisher
Swisher is about 6 miles southeast from Fairfax. Housing prices there are somewhat less expensive. The median home value in Swisher is $192,700, which works out to $28,700 (14%) lower than Fairfax. Rent there is a lot less expensive. Swisher's median monthly rent is $775, which comes out to $600 (77%) lower than Fairfax.
Palo
Palo is about 9 miles north of Fairfax. Housing prices there are somewhat less expensive. Palo's median home value is $191,900, which comes out to $29,500 (15%) lower than Fairfax. Rents there are significantly less expensive. The median monthly rent in Palo is $1,006, which comes out to $369 (36%) lower than Fairfax.
Hiawatha
Hiawatha is roughly 9 miles northeast of Fairfax. The housing prices there are substantially less expensive. The price of the median home in Hiawatha is $143,500, which works out to $77,900 (54%) lower than Fairfax. The rent there is substantially less expensive. Hiawatha's median rent is $773 per month, which is $602 (77%) lower than Fairfax.
