Housing & Real Estate — Fairfax, Minnesota

Overview

Total Housing Units448
Occupied403
Vacant45
Owner-Occupied330
Renter-Occupied73
Median Home Value (Census)$116,300
Estimated 2026~$130,000
Median Rent$410/mo
Median Property Tax$1,728/yr

Affordability

Home Price to Income RatioN/Ax
Home Affordabilityaffordable
Rent as % of Income8.2%
Severely Rent-Burdened32.8%

Housing Age

Built 2010 or later0
Built 2000-20095
Built 1990-19993
Built before 1960297
Median Year Built1945
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.