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City · 35,545 residents · Fairfax County, Virginia

Fair Oaks , Virginia

In Fair Oaks, a typical home is worth $608,200 and typical rent is $2,275 a month. Compared with all of Fairfax County, typical household income is 19% lower, the typical home value is 17% lower, and the share of households that own their home is 24 points lower.

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  • Typical home value

    $608,200

    17% below the county

    59% above Virginia

    • Fair Oaks
    • Fairfax
    • Virginia

  • Typical rent

    $2,275a month

    About the same as the county

    44% above Virginia

    • Fair Oaks
    • Fairfax
    • Virginia

  • Typical household income

    $123,947a year

    19% below the county

    33% above Virginia

    • Fair Oaks
    • Fairfax
    • Virginia

  • Households that own their home

    45%

    24 points below the county

    23 points below Virginia

    • Fair Oaks
    • Fairfax
    • Virginia

Source: U.S. Census Bureau, Average 2020–2024

Fair Oaks is in Fairfax County. The FHA loan limit ($1,249,125 for a one-unit home), the fair market rents and the help on this page are those of all of Fairfax County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Fair Oaks apart

What this place has that others do not, from public data, most unusual first.

  1. 45% of households in Fair Oaks own their home, against 69% in Fairfax County.

  2. The typical household income in Fair Oaks is $123,947, 19% less than in Fairfax County as a whole ($153,637).

  3. The typical home in Fair Oaks is worth $608,200, 17% less than in Fairfax County as a whole ($732,800).

Sources: U.S. Census Bureau (Average 2020–2024).

The homes here

Housing in Fair Oaks

What homes there are in Fair Oaks, what they cost, how that changed and how people live, from Census figures (2020–2024).

What homes there are

U.S. Census Bureau, ACS 5-year, 2020–2024

Kind of home

There are more apartments in Fair Oaks than in Fairfax County: 59% of homes, against 29%.

Year built

Here half of the homes date from 1999 or later; in Fairfax County, from 1983 or later.

There are fewer big homes in Fair Oaks than in Fairfax County: 40% have 3 bedrooms or more, against 67%.

All homes, occupied or empty. A figure the Census cannot measure precisely enough here is not shown.

Census tables: B25024, B25034, B25035, B25041

What it costs here

U.S. Census Bureau, ACS 5-year, 2020–2024

Value of owner-occupied homes
Monthly rent with utilities

With a mortgage

$2,961 a month

Fairfax County: $3,227 a month

Without a mortgage

$982 a month

Fairfax County: $1,082 a month

Owners with a mortgage

75%

Fairfax County: 72%

Owning costs less in Fair Oaks: with a mortgage, the typical cost is $2,961 a month; in Fairfax County, $3,227. Without one, $982.

Value: what owners think their home is worth. Rent: rent plus utilities, for homes of every size. The FHA limit is the most an FHA loan (Federal Housing Administration) lends for a one-unit home; the fair market rent (FMR) is the one HUD uses for housing vouchers.

Census tables: B25075, B25063, B25088, B25081

How it changed

U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024

Change since 2015–2019

Since 2015–2019, homes in Fair Oaks gained value faster than in Fairfax County: 34% against 30%.

Since 2015–2019, the typical rent in Fair Oaks rose 16%, less than in Fairfax County (21%).

While home values in Fair Oaks changed +34% and rent +16%, the typical household income rose 16%.

Change between two 5-year periods that do not overlap, in each period's dollars, not adjusted for inflation.

Census tables: B25077, B25064, B19013

How people live

U.S. Census Bureau, ACS 5-year, 2020–2024

MeasureFair OaksFairfax CountyVirginiaUnited States
Rental vacancy Unreliable estimate4.4%4.8%5.5%
Homeowner vacancy Unreliable estimate0.4%0.8%0.9%
More than one person per room 4.5%3.2%2.1%3.4%
People per household 2.312.752.522.53
Drive alone 63%55%68%69%
Carpool 3%8%8%9%
Public transit 1%5%2%3%
Walk or bike Unreliable estimate2%2%3%
Work from home 29%29%18%15%
Other means Unreliable estimate2%1%2%
Typical commute 20 to 29 minutes20 to 29 minutes20 to 29 minutes20 to 29 minutes

More than one person per room: that is how 4.5% of households in Fair Oaks live, more than in Fairfax County (3.2%).

Households in Fair Oaks are smaller: 2.31 people on average; in Fairfax County, 2.75.

The car rules in Fair Oaks: 63% of workers drive to work alone, and the typical trip takes 20 to 29 minutes.

Vacancy: empty homes offered for rent or for sale. Rooms: every room in the home, not only bedrooms. Commute: the minute range of the typical worker.

Census tables: B25004, B25003, B25014, B25010, B08301, B08303

Do the math

What would you pay each month for a home in Fair Oaks?

A typical home costs more than the typical income allows

We start with a typical home in Fair Oaks, worth $608,200, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 49% of the typical household income in Fair Oaks, which is $123,947 a year. For that payment to be 28% of income, a household would need to earn about $217,274 a year.

The calculator's FHA and conventional loan limits are those of all of Fairfax County.

Your numbers

Local data
$

Starts at the typical home value in Fair Oaks. Change it to the price you have in mind.

Loan type
Your credit score

Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.

Down payment
%

That is $21,287 (3.5% of the price). The usual minimum for this loan is 3.5%.

This week's average ± a quarter or half point.

Term

National average as of November 5, 2026 (Freddie Mac); your rate may be different.

Adjust advanced details

Estimated monthly payment

Local data

$5,070

at 7.18% · 30 years

Loan amount
$597,184
Total interest
$859,208
Paid off in
November 2056

Includes $10,271 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $2,892 a month

  • Tight

    $2,892 to $3,718 a month

  • Hard

    more than $3,718 a month

    Your payment · 49%

Compared with the typical household income in Fair Oaks ($123,947 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$5,070
Principal & interest$4,046
Property tax$502
Home insurance$253
FHA mortgage insurance (MIP)$269

You need at least $21,287 for the down payment, plus closing costs.

Next step

This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.

The city and its county

Fair Oaks and Fairfax County

Fair Oaks is in Fairfax County, Virginia. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).

Fair Oaks's own numbers

Typical home value
$608,200
Typical monthly rent
$2,275
Typical yearly household income
$123,947
Households that own their home
45%
Effective property tax rate
0.99%

U.S. Census Bureau, American Community Survey (average 2020–2024).

Numbers for all of Fairfax County

FHA limit, one-unit home
$1,249,125
Conventional limit, one unit
$1,249,125
HUD fair market rent, 2 bedrooms
$2,438
Price change over 5 years (FHFA)
+35%
Homes in a high flood-risk zone
1%

HUD, FHFA and FEMA don't publish these numbers by city.

Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Fairfax County.

Everything about Fairfax County

Buying

Buying a home in Fair Oaks

A typical home in Fair Oaks is worth $608,200: 17% below the county and 59% above Virginia. With the typical household income in Fair Oaks ($123,947 a year), a typical home costs 4.9 times what the household earns in a year.

Years of income to pay for a typical home

The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.

  • Fair Oaks 4.9 years
  • Fairfax 4.8 years
  • Virginia 4.1 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Fairfax County

According to FHFA’s house price index, home prices in Fairfax County rose 55% in the 10 years through 2025.

FHFA does not publish this index by city: these are the numbers for all of Fairfax County.

Period County Virginia U.S.
Last year (2025) +2.1% +3.7% +2.9%
5 years (2020–2025) +35% +49% +47%
10 years (2015–2025) +55% +75% +85%

The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data

Fair Oaks next to Fairfax County, Virginia and the U.S.

Three numbers side by side. “Typical” means the median: half are above it and half below.

Typical home value
  • Fair Oaks $608,200
  • Fairfax $732,800
  • Virginia $383,700
  • United States $332,700
Typical monthly rent
  • Fair Oaks $2,275
  • Fairfax $2,276
  • Virginia $1,579
  • United States $1,413
Typical yearly household income
  • Fair Oaks $123,947
  • Fairfax $153,637
  • Virginia $93,170
  • United States $80,734
See the full table
Fair Oaks next to Fairfax County and Virginia
Measure Fair Oaks Fairfax County Virginia U.S.
Typical home value $608,200 $732,800 $383,700 $332,700
Typical monthly rent $2,275 $2,276 $1,579 $1,413
Typical yearly household income $123,947 $153,637 $93,170 $80,734
Households that own their home 45% 69% 67% 65%
Typical yearly property tax $6,049 $7,368 $2,790 $3,119
Effective property tax rate 0.99% 1.01% 0.73% 0.94%
Renters with high rent for their income 48% 46% 49% 51%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Fairfax County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.

Four ways to pay for a typical home in Fair Oaks

For a typical $608,200 home in Fair Oaks, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Fair Oaks's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $5,070a month

    Least cash to close
    Down payment
    $21,287
    Cash to close
    $39,533
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $269

  • Conventional, 5% down $4,958a month

    Down payment
    $30,410
    Cash to close
    $48,656
    Rate
    7.18%
    Mortgage insurance
    PMI · $289

  • Conventional, 20% down, no PMI $4,051a month

    Down payment
    $121,640
    Cash to close
    $139,886
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $4,614a month

    Down payment
    $91,230
    Cash to close
    $109,476
    Rate
    8.18%
    Mortgage insurance
    None

The option that asks for the least cash to close is FHA, 3.5% down.

  • Cash to close = down payment plus 3% of the price in closing costs (example).
  • Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
  • The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.

How much house can I afford? Estimate closing costs

Taxes and floods

Two costs that change from place to place

Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for Fair Oaks and for Fairfax County.

Property tax

Effective rate in Fair Oaks

0.99%of the home’s value each year

$6,049 a year for the typical owner in Fair Oaks.

  • Fair Oaks 0.99%
  • Fairfax 1.01%
  • Virginia 0.73%

What Virginia publishes Local exemption or deferral for people 65 and older or with disabilities (Virginia General Assembly (Code of Virginia))

Exemptions and deadlines in Virginia

Flood risk in Fairfax County

FEMA does not publish these numbers by city: they are for all of Fairfax County.

Homes in the high-risk zone
1%
3,414
Of those, with NFIP insurance
22%
County Virginia U.S.
Homes in the high-risk zone 1% 1.5% 3.5%
Of those, with NFIP insurance 22% 100% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Fair Oaks

Typical rent in Fair Oaks is $2,275 a month: about the same as the county. In Fair Oaks, 48% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of Fairfax County, by unit size. To pay the 2-bedroom one ($2,438 a month) without spending more than 30% of your income, you would need to earn $46.88 an hour working full time.

HUD fair market rent for all of Fairfax County

What you need to earn to pay it without spending more than 30% of income, working full time.

Size Fair rent a month Hourly wage Yearly income
Studio $2,111 $40.60 $84,440
1 bedroom $2,204 $42.38 $88,160
2 bedrooms $2,438 $46.88 $97,520
3 bedrooms $3,107 $59.75 $124,280
4 bedrooms $3,658 $70.35 $146,320

Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027

By ZIP code

Fair market rent by ZIP code in Fair Oaks

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Fair Oaks has 3 ZIP codes with their own.

For 2 bedrooms it runs from $2,720 in 22035 to $2,970 in 22033.

3 of the 3 are above the fair market rent for Fairfax County ($2,438).

  • 22030 $2,820$3,590
  • 22033 $2,970$3,790
  • 22035 $2,720$3,470

2 of these ZIP codes cross the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Fair Oaks when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD) Fiscal year 2027 Small Area Fair Market Rents (HUD) Source: Census Bureau ZCTA-to-place relationship file Data from 2020 data Census Bureau ZCTA-to-place relationship file

Is your rent high for your ZIP?

Free help

Help to buy or rent in Fair Oaks

You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.

There are 2 HUD-approved agencies with an office in Fairfax County; none says it serves in Spanish.

A man listens closely, seated at a meeting table.

HUD counseling is free or low-cost

Assistance programs in Fair Oaks

No down payment, repair or rent-help program on our list is for Fair Oaks or Fairfax County. The ones below are statewide in Virginia: they work in Fair Oaks the same as in the rest of the state.

Which programs do I qualify for? All programs in Virginia

  • Down Payment Assistance Grant

    Statewide in Virginia

    Virginia state agency down payment grant that you do not repay; for first-time buyers, or any buyer in economic opportunity zones, with a Virginia Housing mortgage. Offered by Virginia Housing (Virginia Housing Development Authority).

    Grant

    See the program Official page

  • Virginia Housing Plus Second Mortgage

    Statewide in Virginia

    Virginia Housing 30-year fixed-rate second mortgage of up to 5% of the price for the down payment (and part of the closing costs with a credit score of 680 or higher); for first-time buyers and for people who have owned a home before. Offered by Virginia Housing (Virginia Housing Development Authority).

    Type not stated

    See the program Official page

  • Closing Cost Assistance Grant

    Statewide in Virginia

    Virginia Housing grant that you do not repay, of up to 2% of the price, for the closing costs of buyers with a Virginia Housing RD (Rural Development) or VA loan. Offered by Virginia Housing (Virginia Housing Development Authority).

    Grant

    See the program Official page

Housing counselors near Fair Oaks

The HUD-approved agencies closest to the center of Fair Oaks, in a straight line, nearest first. If one says it serves in Spanish, its card says so.

  • Cornerstones, Inc.

    11150 Sunset Hills Rd Ste 210, Reston · 6 miles away

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 2 more
    (571) 323-9555

  • Korean Community Service Center of Greater Washington

    7700 Little River Tpke Ste 406, Annandale · 8 miles away

    • Budget and financial counseling
    • Budget and credit workshops
    • and 5 more
    (703) 354-6345

  • Prince William County Virginia Cooperative Extension

    8033 Ashton Ave Ste 105, Manassas · 10 miles away

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 7 more
    (703) 792-6287

Every agency in Fairfax County All counseling agencies in Virginia

Help in Spanish near Fair Oaks

None of the 3 agencies on this list say they serve in Spanish.

Ask for service in Spanish

When you call, say “Spanish, please” or ask if someone speaks Spanish. If not, ask whether they offer an interpreter.

Housing authorities of Fair Oaks

HUD’s record names them for Fair Oaks or Fairfax County. They run public housing or Section 8 vouchers. Ask whether their waiting list is open.

  • Fairfax County Redevelopment & Hsg Authority Public housing and Section 8 vouchers (703) 653-7130

All housing agencies in Virginia Source: HUD

Cities

Other cities in Fairfax County

These cities are also in Fairfax County. They share its loan limits and fair market rents, but home values and rent change from one to the next.

Everything about Fairfax County Housing in Virginia
See 47 more cities in Fairfax County, with prices and rents

Every city has its own page with prices, rents and help.

Nearby cities

The cities closest to Fair Oaks, with the typical home value.

Neighboring counties

If Fairfax County is out of reach, look next door. Each number is that county's own.

Keep going

Guides for your next step

Short explanations, in plain language and with official sources, for buying or renting in Fair Oaks.

All guides
A mother smiles as she carries her young daughter on her shoulders (black and white).

Questions

Housing questions about Fair Oaks

Short answers with the numbers for Fair Oaks and all of Fairfax County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.

How much does a typical home cost in Fair Oaks?

The typical home value in Fair Oaks is $608,200, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Fairfax County it is $732,800.

How much does it cost to rent in Fair Oaks?

Typical rent in Fair Oaks is $2,275 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Fairfax County is $2,438.

What is the FHA loan limit in Fair Oaks?

Fair Oaks uses the FHA limit for all of Fairfax County (2026): $1,249,125 for a one-unit home and $2,402,625 for a four-unit home.

How much property tax do owners pay in Fair Oaks?

The typical homeowner in Fair Oaks pays $6,049 a year, according to the U.S. Census Bureau. That is 0.99% of the home’s value; in Fairfax County, the rate is 1.01%.

Where can I find free help to buy or rent in Fair Oaks?

There are 2 HUD-approved counseling agencies with an office in Fairfax County. They can help you get ready to buy, with your credit, or with rent.

Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024); FHA mortgage limits (HUD) (2026 data); Conforming loan limits (FHFA) (2026 data); Fair Market Rents (HUD) (Fiscal year 2027); Small Area Fair Market Rents (HUD) (Fiscal year 2027); Census Bureau ZCTA-to-place relationship file (2020 data); HUD-approved housing counseling agencies (Retrieved November 6, 2026); Public Housing Agencies (HUD) (Retrieved November 6, 2026); Freddie Mac Primary Mortgage Market Survey (PMMS) (As of November 5, 2026); FHFA House Price Index (HPI) (2025 data); Homes with flood insurance (NFIP, FEMA) (As of August 3, 2026).