Fayette is a city in Fayette County, Iowa, in the United States. As of the 2010 census, the city population was 1,338. It was named after the Marquis de la Fayette, French hero of the American Revolutionary War. Fayette is the home of Upper Iowa University, a small private college. The Volga River State Recreation Area is located just north of Fayette, and many other parks and natural areas are nearby.