Rent is lower than in 70% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards.
How much money do I need?
To rent here comfortably, you should earn about $51,320 a year. That is $25 an hour at a full-time job.
Is rent cheaper than other Alabama cities?
No. Rent here is more expensive than in most of Alabama. It is number 71 of 120 cities from cheapest to most expensive.
How much do households earn in Fairfield?
Share of households by yearly income. 12.2% of households earn $100,000 or more.
Rent by apartment size in Fairfield
| Size | Fairfield | U.S. average |
|---|---|---|
| 1 bedroom | $407 | $1,324 |
| 2 bedrooms | $952 | $1,509 |
| 3 bedrooms | $1,530 | $1,698 |
| 4 bedrooms | $1,435 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Fairfield overall?
Everyday prices in Alabama overall are 11% below the U.S. average (index 88.8, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Fairfield, so the Alabama figure is shown.
Taxes and bills in Fairfield
Life in Fairfield
Is it cheaper to rent or buy in Fairfield?
Buying is cheaper month to month: about $386 a month less than renting.
Owning assumes a typical $129,300 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $12,930 for the down payment.
Frequently asked questions
What is the average rent in Fairfield, AL?
Renting in Fairfield costs a median of about $1,283 a month in 2026, including utilities. The Alabama median is $1,175.
How much do I need to make to live in Fairfield?
To keep rent under 30% of income, you need about $51,320 a year, or $25 an hour at a full-time job.
Is Fairfield cheap or expensive?
Fairfield is rated OK: rent takes 29.5% of the typical household income of $52,260. It ranks 71st cheapest of 120 Alabama cities we track.
How much are property taxes in Fairfield?
The median homeowner in Fairfield pays $1,125 a year in property taxes, about 0.87% of the median home value.
Is Fairfield more expensive than the national average?
Overall prices in Alabama are 11% below the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Fairfield?
The median home value in Fairfield is $129,300, about 2.5 times the typical yearly household income.
9,728 people live in Fairfield. Numbers are typical (middle) values.