Home prices
The cost of the median home in Fairfield is $114,200. Compared to the surrounding areas this is about $11,700 (11%) higher.In comparison to the entire nation it is approximately $103,300 (47%) lower, and is about $27,600 (19%) lower compared to the city of Cedar Rapids.
Rents
The median monthly rent in Fairfield is $681. It is about $41 (5%) lower in comparison to other places in this area.It is roughly $381 (35%) lower in comparison to the US as a whole, and in comparison to the city of Cedar Rapids it is approximately $86 (11%) lower.
Nearby places
Maharishi Vedic City
Maharishi Vedic City is roughly 3 miles northwest of Fairfield. Real estate prices there are a lot more expensive. The value of the median home in Maharishi Vedic City is $243,800, which is $129,600 (53%) higher than Fairfield. Rents there are a bit more expensive. The median monthly rent in Maharishi Vedic City is $930, which works out to $249 (26%) higher than Fairfield.
Libertyville
Libertyville is roughly 4 miles southwest from Fairfield. Its real estate prices are substantially less expensive. The median home in Libertyville is valued at $82,500, which is $31,700 (38%) lower than Fairfield. The rent there is a bit more expensive. Libertyville's median monthly rent is $796, which works out to $115 (14%) higher than Fairfield.
Birmingham
Birmingham is approximately 8 miles south from Fairfield. Its real estate prices are significantly less expensive. The value of the median home in Birmingham is $64,200, which comes out to $50,000 (77%) lower than Fairfield. The rent there is somewhat less expensive. The median rent in Birmingham is $596 per month, which is $85 (14%) lower than Fairfield.
Batavia
Batavia is roughly 8 miles west of Fairfield. The housing prices there are significantly less expensive. Batavia's median home price is $62,000, which is $52,200 (84%) lower than Fairfield. The rent there is a little less expensive. The median monthly rent in Batavia is $617, which is $64 (10%) lower than Fairfield.
Lockridge
Lockridge is about 9 miles east of Fairfield. The housing prices there are substantially less expensive. The median home cost in Lockridge is $60,000, which is $54,200 (90%) lower than Fairfield. Its rents are pretty similar. Lockridge's median monthly rent is $672, which works out to $9 (1%) lower than Fairfield.
