
Cheap Apartments for Rent in Fairbank, IA from $300 (23 Rentals)
Search the lowest-cost Apartments available for rent right now in Fairbank.


Russell Lamson

University Manor

1224-1282 W Mullan Ave

228 Spaces - Furnished Micro-Living Apartments
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Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

2836 Independence Ave

306 1/2 1st St SE

253 Monroe St

323 Idaho St

147 French St
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253 Madison St

213 Manson St

117 6th Ave SW

832 Adrian St

432 James St
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

101 1st Ave NW

2 1st St NE
Fairbank, IA Local Guide

How much does it cost to rent an apartment in Fairbank?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Fairbank Studio Apartments | $925 | $675 | $1,300 |
Fairbank 1 Bedroom Apartments | $1,143 | $295 | $1,800 |
Fairbank 2 Bedroom Apartments | $1,255 | $525 | $2,500 |
Fairbank 3 Bedroom Apartments | $1,210 | $750 | $1,900 |
Fairbank 4 Bedroom Apartments | $523 | $295 | $895 |
Browse Top Apartments in Fairbank
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Fairbank, IA Local Guide
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Cheapest Available Fairbank Apartments for Rent and Nearby
 The cheapest available apartment rental in Fairbank, IA is a 4 Beds unit found at Residences on College Hill in the Downtown Cedar Falls neighborhood priced from $295. Russell Lamson in the Downtown Waterloo neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $675. Here is today’s list of the most affordable Fairbank apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Residences on College Hill | Private Bedroom in a 4BR Unit-Furnished Common ... | 4BR,1BA | $295 |
Russell Lamson | Studio | Studio,1BA | $675 |
The Meadows Apartments | Quads 2Bd | 2BR,1BA | $700 |
Le Chateau | 1BR/1.0BA | 1BR,1BA | $725 |
1106-1110 Kent Circle | Updated Cozy 1 Bedroom / 1 Bath Apartment in SW... | 1BR,1BA | $750 |
Best Value Apartments for Rent in Fairbank, IA and Nearby
As of September 09, 2025 the best value apartment in the Fairbank area is the $1.01 price per square foot LS 3x1.5 Model at Lantern Square Apartments in the starting from $1,300. The second greatest value Fairbank apartment is the 3 BR/ 1 BA Model at 1224-1282 W Mullan Ave starting at $775 with a $0.70 price per square foot in the Downtown Waterloo neighborhood. Here is today’s list of the best values for Fairbank apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Lantern Square Apartments | LS 3x1.5 | 3BR,1.5BA | $1.01 |
1224-1282 W Mullan Ave | 3 BR/ 1 BA | 3BR,1BA | $0.70 |
Hawkeye Towers | 4BR/2BA | 4BR,2BA | $0.35 |
3714 Ravenwood Cir | 2 BR/ 2 BA | 2BR,2BA | $1.10 |
Pineview Place Apartments | 2 Bedroom/1 Bath | 2BR,1BA | $1.03 |
Kinsale Condominiums | Two Bedroom w/ Garage | 2BR,1BA | $1.00 |
2557 W 3rd St | 2 BR/ 1 BA | 2BR,1BA | $1.18 |
Residences on College Hill | Fully Furnished 4 BR/1 Bath Apartment! | 4BR,1BA | $1.11 |
1150 Home Park Blvd | 2BR/1.0BA | 2BR,1BA | $1.09 |
The Meadows Apartments | Meadows 2Bd | 2BR,1BA | $0.92 |
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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Getting Around Fairbank, IA
Walk Score®
13 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
28 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Fairbank Apartments
What is the Cheapest Studio apartment in Fairbank?
Currently the most affordable Cheap Studio Apartment in Fairbank is at Russell Lamson listed at $675.
How much is rent for a Cheap One Bedroom Fairbank Apartment?
The lowest price for a Cheap One Bedroom Fairbank Apartment is $295 at Residences on College Hill.
What is the lowest price for a Cheap Two Bedroom Fairbank Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Fairbank is starting from $525 at Residences on College Hill.
What is the most affordable Fairbank Three Bedroom Apartment?
The best deal on a cheap Fairbank Three Bedroom Apartment rental is at The Meadows Apartments and starts from $750.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.