Background Image

Fairlawn, VA Area Guide

Avg Rent

$520

Population

2,505

Renter Mix

25% Rent

An affordable college town on New River

College Town Riverfront Accessible

A small town with a rural feel, Fairlawn sits along New River in the suburbs of Virginia. Fairlawn sits about an hour’s drive from Roanoke, making it the perfect place for a weekend getaway. This active community appreciates outdoor amenities like Bisset Park, a riverside green space with picnic spots, playgrounds, athletic fields, and paved trails. Several shopping centers sit just outside of Fairlawn, including department stores, specialty shops, and casual restaurants. Fairlawn offers easy access to Interstate 81, and locals enjoy the peace and quiet that this small town provides. Affordable rentals are a major perk for renters in the area, with options ranging from houses to apartments. Across the river is Radford University, and because of Fairlawn’s affordable rentals, many students and faculty call the town home.

Demographics

Median Household Income

$61,226

Average: $77,728

Education

999

Residents Have a Degree

Job Market

1,195

Workers Employed

Age Distribution
Get a sense of this area's population profile.

Median Age

51 Years

Largest Age Group

60-69 Years

Approximately 16% of Residents

Under 20

17%

Over 65

29%

Housing Distribution

Fairlawn has more homeowners than renters.

Renters
25%
Non-Renters
75%

Education Distribution

Review this city's overall education levels.

Bachelor's or Higher
37%
Other Education
63%

Rent Trends

As of July 2026, the average apartment rent in Fairlawn, VA is $519 for one bedroom, and $1,070 for two bedrooms. Apartment rent in Fairlawn has increased by 1.9% in the past year.

Property Type
Average Rent
Average Sq Ft
Apartment
$519/month
0 Sq Ft
See Rental Market Trends in Fairlawn, VA

Learn More About Fairlawn

Getting Around

Somewhat Walkable

Walkability

20 / 100

Exceptionally Drivable

Drivability

90 / 100

Fairly Bikeable

Bikeability

40 / 100

Schools

Riverlawn Elementary School

Public

Grades PK-5

380 Students

Riverlawn Elementary

Public

Grades PK-5

382 Students

Points of Interest

Parks and Recreation

  • Radford University Planetarium
  • Virginia Tech Geosciences Museum
  • Hahn Horticulture Garden
  • Claytor Lake State Park

Airports

  • Roanoke/Blacksburg Regional (Woodrum Field)

Top Apartments in Fairlawn

Houses for Rent in Fairlawn

Search Nearby Rentals

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.