Fairfield, IA
- Overview
- Performance
- Listings
- Buy Box
Key Performance Metrics
Market snapshotPerformance indicators for the Fairfield short-term rental market based on reliable data.
Listings
33 / 77
Reliable / Active
Cap Rate
12%
Middle-Earners Gross Yield
Revenue
$18,067
Middle-Earners Revenue
Occupancy
46%
Middle-Earners Occupancy
Home Value
$154,349
Median Home Sale Price
Top Earners
$27,974
Top-Earners Revenue
Fairfield
Market Revenue Seasonality
Top Listings
Highest revenueThe highest-performing listings in Fairfield.
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Challenging to Investors
Fairfield Regulations
Fairfield allows STRs but with significant constraints including Board of Adjustment approval, strict 4-unit cap, limited zoning districts (R-2/R-3/B-1 only, prohibited in R-1), multiple inspections, and operational restrictions like parking requirements and no external signage. The multi-layered approval process involving both city and state health departments creates notable compliance burden and investment risk.
Local STR Agent
STR specialist · Fairfield, IA
About Fairfield
Fairfield is a city in, and the county seat of, Jefferson County, Iowa. It has a population of 9,416 people, according to the 2020 census. The median family income is $46,138, with 10% of families below the poverty line. It became the county seat in 1839 with 110 residents and grew to 650 by 1847. Its library was established in 1853, and it held its first fair in 1854. Early architecture in Fairfield includes work by George Franklin Barber and Barry Byrne.