Rent in Fairbank, IA
A 2-bedroom in Fairbank, IA (ZIP 50629) typically rents for about $689 a month, with a range of $689–$937. Owner-occupied homes in Buchanan County pay about 1.36% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.24% in the week of Oct 29, 2026.
Rent by bedrooms
| Size | Typical | Range across ZIPs | ZIPs |
|---|---|---|---|
| Studio | $712 | $712 | 1 |
| 1 bed | $508 | $508–$716 | 1 |
| 2 beds | $689 | $689–$937 | 1 |
| 3 beds | $1,297 | $1,297 | 1 |
| 4 beds | $1,522 | $1,522 | 1 |
Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).
Fairbank ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Fairbank, IA?
- About $689 a month: the median of the typical rents in 1 ZIP code, which range from $689–$937. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Fairbank, IA?
- About $508 a month: the median of the typical rents in 1 ZIP code, which range from $508–$716. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Fairbank, IA?
- About $1,297 a month: the median of the typical rents in 1 ZIP code, which range from $1,297. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Fairbank, IA?
- About $712 a month: the median of the typical rents in 1 ZIP code, which range from $712. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Fairbank, IA?
- About $1,522 a month: the median of the typical rents in 1 ZIP code, which range from $1,522. Figures are gross rent (rent plus tenant-paid utilities).
- What is the property tax rate in Fairbank, IA?
- Owner-occupied homes in Buchanan County pay a typical 1.36% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
- What is the current 30-year mortgage rate?
- The 30-year fixed rate averaged 7.24% in the week of Oct 29, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
- Where do these Fairbank rent figures come from?
- Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).