c.1900 Two Bedroom Affordable Iowa Home $58K
OHU50K Notes $58,000
c.1900 Two Bedroom Affordable Iowa Home. Close to Central Park, public library and more.
Realtor Comments
Check out this two bedroom one bathroom home in a great location. Close proximity to Washington Elementary and Fairfield High School. Owner is a licensed real estate agent in the State of Iowa.
- 2 bed
- 1 bath
- Build date 1900
205 S D St, Fairfield, IA 52556 $58,000
- Brokered by: Miller Realty (641) 209-3502
- Google Map
- Niche
Pros of Living in Fairfield, IA
Cultural Vibrancy & Unique Identity
Known for its eclectic arts scene, Fairfield hosts vibrant First Fridays Art Walks, an influential Fairfield Arts & Convention Center, and a thriving music culture with performances, galleries, and festivals.
The city is also called one of America’s most unusual small towns by Smithsonian and Oprah, celebrated for creativity, diversity, and entrepreneurial spirit—including many micro-businesses.
Affordable Cost of Living & Housing
Overall living expenses run about 25% below the national average, with housing nearly 60% cheaper than in other areas of Iowa and the U.S.
Median home values range from $139K–$153K, with rents in the $860–$880/month range—well below national averages.
Strong Community, Education & Safety
Fairfield scores high on livability for its excellent schools (A), low crime (A), and affordability, supported by a strong sense of community spirit.
The public school district features a low student–teacher ratio (~13:1), with quality public and private (Maharishi) school options.
Outdoor Recreation & Health Focus
With over 1,300 acres of parks and a planned 17-mile Fairfield Loop Trail, it offers ample opportunities for biking, walking, and connecting with nature.
Named a Blue Zones Community, Fairfield promotes healthy living with walkable design and outdoor activity.
Cons of Living in Fairfield, IA
Limited Job Market & Income Levels
While job options exist in education, healthcare, finance, and micro-business, overall employment opportunities are fewer, and unemployment rates (9.3%) exceed the national average (~4.7%).
Median household income (~$42,800) is 35–37% lower than the national average, affecting long-term financial flexibility.
Small-Scale Amenities & Car Dependence
Retail options and evening entertainment are limited—most errands require a car as public transit is sparse.
Dog Breed Restrictions & Local Quirks
Local legislation historically included strict restrictions on certain dog breeds, which may be a consideration for pet owners.
Socioeconomic Disparities
Fairfield faces higher poverty (~16%) and lower homeownership rates (~57%) than national norms (~65%); only about 49% of adults hold a bachelor’s degree.
