Foreclosure Homes in Fayette, IA 52142

Current Market Conditions in Fayette, IA

The real estate market in Fayette remains stable, with a healthy demand for single-family homes. The market has shown steady growth, driven by families and students looking for affordable housing close to educational institutions such as Upper Iowa University.

Investors are starting to take notice of Fayette as a burgeoning market, particularly for rental properties, as the demand for housing options has continued to rise over the last few months.

Rent Prices In Fayette, IA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Fayette, IA, is on a rollercoaster ride. The average rent price in Fayette, IA, is $1,213.00. Indeed, when looking to rent in Fayette, IA, you can expect to pay as little as $680.00 or as much as $1,940.00, with the average rent median estimated to be $1,200.00. The good news is that finding an affordable and desirable property to rent in Fayette, IA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.