North Bay guide · Tier A · Rank #9 of 30
House hacking in Fairfield (Green Valley / Train Station).
Near the top of the A tier: an operational Amtrak station anchoring a 3,000-acre TOD growth area with multiple projects actively delivering, backed by a massive military and college demand floor.
What's actually happening in 94534
- Operational + active build-out
Fairfield-Vacaville "Hannigan" Amtrak station (2018) plus the Train Station Specific Plan, a ~3,000-acre TOD area in active build-out. STA / City of Fairfield
- Under construction
The Aviatrix: 188 build-to-rent townhomes, under construction. City of Fairfield
- Mixed: approved through entitlement
Villages at Fairfield (~2,100 units plus ~950 proposed; Parkside 76 SFR approved Oct 2025) and Green Valley 3 (185 units in entitlement). City of Fairfield
- Existing anchors
Travis AFB plus Solano Community College in-ZIP. Solano EDC
The numbers
- Median price
- ~$609K (Fairfield)
- Market rent
- ~$2,391/mo (confirm per parcel)
- Property tax (Solano County)
- 1.21% median effective (new-buyer ~1.15–1.30%; Mello-Roos possible in new tracts)
- Per-bed rent band
- $1,000–1,250/mo per bed
- ADU rent band
- $1,850–2,250/mo
- Whole-home rent band
- $2,900–3,600/mo whole-home
- Underwriting vacancy
- 5% underwriting vacancy
- Appreciation scenarios
- 1.5 / 3.0 / 4.5 %/yr (conservative / base / upside)
Valley floor. Appreciation basis: Train Station SP and Aviatrix under construction, with Travis and college demand. Rent bands are city-level medians; confirm the specific parcel before trusting any of them. Run your own scenario in the calculator.
The house-hack angle
State ADU rules plus the city ordinance (an HCD Oct-2025 letter flagged improper HOA involvement, verify); build-to-rent comps support both room-by-room and ADU strategies. Note the Heart of Fairfield upzone does NOT reach this ZIP.
What breaks it
- ADU ordinance under HCD review
- Car-oriented (local bus only)
- Some corporate-park-to-housing rezones still pending (Green Valley 3)