Rent is lower than in 65% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Most homes (76.7%) are owned, so rentals can be hard to find. It is a highly educated city: 61.2% of adults have a college degree.
How much money do I need?
To rent here comfortably, you should earn about $54,800 a year. That is $26 an hour at a full-time job.
Is rent cheaper than other Ohio cities?
No. Rent here is more expensive than in most of Ohio. It is number 174 of 288 cities from cheapest to most expensive.
How much do households earn in Fairlawn?
Share of households by yearly income. 40.1% of households earn $100,000 or more.
Rent by apartment size in Fairlawn
| Size | Fairlawn | U.S. average |
|---|---|---|
| 1 bedroom | $1,233 | $1,324 |
| 2 bedrooms | $1,515 | $1,509 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Fairlawn overall?
Everyday prices in Ohio overall are 7% below the U.S. average (index 92.8, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Fairlawn, so the Ohio figure is shown.
Taxes and bills in Fairlawn
Life in Fairlawn
Is it cheaper to rent or buy in Fairlawn?
Renting is cheaper right now: about $605 a month less.
Owning assumes a typical $284,600 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $28,460 for the down payment.
Frequently asked questions
What is the average rent in Fairlawn, OH?
Renting in Fairlawn costs a median of about $1,370 a month in 2026, including utilities. The Ohio median is $1,261.
How much do I need to make to live in Fairlawn?
To keep rent under 30% of income, you need about $54,800 a year, or $26 an hour at a full-time job.
Is Fairlawn cheap or expensive?
Fairlawn is rated Cheap: rent takes 15.7% of the typical household income of $104,674. It ranks 174th cheapest of 288 Ohio cities we track.
How much are property taxes in Fairlawn?
The median homeowner in Fairlawn pays $3,232 a year in property taxes, about 1.14% of the median home value.
Is Fairlawn more expensive than the national average?
Overall prices in Ohio are 7% below the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Fairlawn?
The median home value in Fairlawn is $284,600, about 2.7 times the typical yearly household income.
7,711 people live in Fairlawn. Numbers are typical (middle) values.