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Fairfield, IL Home for Rent

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    $700 Per Month

    • 2 Beds
    • 1 Bath
    • House for Rent

    1208 Illinois Ave, Fairfield, IL 62837

    Cute and cozy 2 bed 1 bath. This house is small, which means a small utility bill, but very well kept and comfortable. It comes with all appliances and an 8x10 storage shed for extra space.

    1208 Illinois Ave, Fairfield, IL 62837

Why Live in Fairfield

Fairfield, the seat of Wayne County in southern Illinois, is known for its small-town character and strong sense of community. The town is steeped in history, with notable sites such as the Olive Branch School at Leo French Memorial Park, the Early History Museum, and the Hanna House Museum. Fairfield also has a connection to the Prohibition-era Shelton Brothers Gang. Home styles in Fairfield range from spacious historical homes and cozy bungalows to ranch-style and manufactured homes, with some areas prone to flooding near Johnson Creek. Local businesses include Mindy’s Sew Shop, John’s Butcher’s Block, and Rusty Star, while dining options feature The Green Pig, Jovalou Cuisine & Cocktails, and Taco Tierra. Fairfield also hosts national brands like Walmart and Dollar General. Attractions in Fairfield include Leo French Memorial Park, which has an Olympic-size pool and walking trails, and Lakeside Park, known for its natural trails and lake. Events such as the Wayne County Agricultural Fair and the Wine & Arts Festival bring the community together. Jasper Grade School and New Hope School are highly rated K-8 schools serving the area. Fairfield is accessible via U.S. Route 45 and state Route 15, with Evansville Regional Airport located 63 miles southeast.

Frequently Asked Questions

How much does it cost to rent a home in Fairfield, IL?
The median rent for a home in Fairfield, IL is $700 per month, though prices vary by neighborhood, size, and property type. As of June 2026, single-family homes tend to be the most affordable option.
How much do you need to make to afford rent in Fairfield, IL?
To comfortably afford the median rent in Fairfield, IL, a household needs to earn roughly $28,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $700 per month in Fairfield, IL, renters typically need to show $2,100 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Fairfield, IL?
In Fairfield, IL, the price-to-rent ratio is 10.1, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Home Trends

Number of Homes for Rent
1
Median Rent
$700
Median Single Family Home Rent
$700
How to Rent a Home