Fairfield, IA

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

Performance indicators for the Fairfield short-term rental market based on reliable data.

Listings

38 / 76

Reliable / Active

Cap Rate

11%

Middle-Earners Gross Yield

Revenue

$17,755

Middle-Earners Revenue

Occupancy

50%

Middle-Earners Occupancy

Home Value

$157,132

Median Home Sale Price

Top Earners

$30,077

Top-Earners Revenue

Fairfield

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Fairfield.

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C

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.

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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.

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