Rent in Fayette, IA
A 2-bedroom in Fayette, IA (ZIP 52142) typically rents for about $840 a month, with a range of $840–$940. Owner-occupied homes in Fayette County pay about 1.30% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.32% in the week of Oct 22, 2026.
Rent by bedrooms
| Size | Typical | Range across ZIPs | ZIPs |
|---|---|---|---|
| Studio | $698 | $698 | 1 |
| 1 bed | $719 | $719 | 1 |
| 2 beds | $840 | $840–$940 | 1 |
| 3 beds | $1,647 | $1,240–$1,647 | 1 |
| 4 beds | $1,306 | $1,306 | 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).
Fayette ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Fayette, IA?
- About $840 a month: the median of the typical rents in 1 ZIP code, which range from $840–$940. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Fayette, IA?
- About $719 a month: the median of the typical rents in 1 ZIP code, which range from $719. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Fayette, IA?
- About $1,647 a month: the median of the typical rents in 1 ZIP code, which range from $1,240–$1,647. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Fayette, IA?
- About $698 a month: the median of the typical rents in 1 ZIP code, which range from $698. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Fayette, IA?
- About $1,306 a month: the median of the typical rents in 1 ZIP code, which range from $1,306. Figures are gross rent (rent plus tenant-paid utilities).
- What is the property tax rate in Fayette, IA?
- Owner-occupied homes in Fayette County pay a typical 1.30% 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 7.32% in the week of Oct 22, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
- Where do these Fayette rent figures come from?
- Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).