What's the average rent in Fayette, IA?
Rental Market Trends in Fayette, IA
SOURCE: TRULIA DATA
Rental market highlights
As of May 2026, the average rent in Fayette, IA is $1,350 per month, which is 29% lower than the national average rent of $1,910 per month.
AVERAGE RENT
$1,350
0.0%No change month over month
170.0%$850 increase year-over-year
AVAILABLE RENTALS
3
APARTMENTS
HOUSES
TOWNHOUSES
As of May 2026, houses are the most affordable rental option in Fayette, IA at $650 per month, while townhomes are the most expensive at $1,350 per month. Apartments average $823 per month, offering a mid-range alternative for renters.
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | — |
| 3 Bedrooms | $1,350 |
| 4 Bedrooms | $1,400 |
| All | $1,350 |
As of May 2026, the average rent for a 3 bedroom rental in Fayette, IA is $1,350 per month, followed by $1,400 for a 4 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | — |
| 3 Bedrooms | $1,350 |
| 4 Bedrooms | — |
| All | $1,350 |
As of May 2026, the average rent for a 3 bedroom townhome in Fayette, IA is $1,350 per month.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | — |
| 3 Bedrooms | — |
| 4 Bedrooms | $1,400 |
| All | $1,400 |
As of May 2026, the average rent for a 4 bedroom apartment in Fayette, IA is $1,400 per month.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has increased by +13% compared to the previous year, which is a +$150 increase.
This year (2026)
Last year (2025)
Rent distribution
67% of rentals have rent of $800-$1,499/month
Rental price range
The price range for rentals is $525 to $1,400.
