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Fayette County Housing Market

Iowa · 99 counties · Ranked #820 in home value

Below National AvgAffordable

Housing at a Glance

Median Home Value

$130,800

vs national$130,800 vs $281,900 national

Median Gross Rent

$813/mo

vs national$813 vs $1,163 national

Effective Tax Rate

1.32%

vs national+1.32% vs 1.02% national

Median Household Income

$58,764

vs national$58,764 vs $74,755 national

Affordability Ratio

2.2x

Home value ÷ income. <3 = affordable, >5 = expensive.

Rent Burden

28.0%

% of income spent on rent. >30% = burdened.

More Housing Data

Property Tax (Median)

$1,721

Tax as % of Home Value

1.32%

Monthly Owner Cost

$870

Renter Income

$33,923

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Frequently Asked Questions

What is the median home value in Fayette County?

The median home value in Fayette County is $130,800. This is below the national median of $281,900.

How much is rent in Fayette County?

The median gross rent in Fayette County is $813 per month.

What is the property tax rate in Fayette County?

The effective property tax rate in Fayette County is 1.32%. The median annual property tax bill is $1,721.

Is Fayette County affordable?

With a home-value-to-income ratio of 2.2x, Fayette County is considered affordable compared to the recommended 3-4x guideline.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.