Cheap Apartments for Rent in Fairbank, IA from $300 (46 Rentals)

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The Meadows Apartments
Rent Specials
$600 - $850
Total Monthly Price

Total Monthly Price

Base Rent
$550 - $800
Required Monthly Fees
$50

Total Monthly Price
$600 - $850
1 to 3 Bedroom Apartments Available Now

The Meadows Apartments

400 13th Ave NWOelwein, IA 50662
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  • Utilities Included
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Meadow Ridge Apartments
$625 - $800
Total Monthly Price

Total Monthly Price

Base Rent
$400 - $575
Required Monthly Fees
$225

Total Monthly Price
$625 - $800
1 to 2 Bedroom Apartments Available Now

Meadow Ridge Apartments

765-791 Russell RdWaterloo, IA 50701
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  • Utilities Included
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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Russell Lamson
Studio to 3 Bedroom Apartments

Russell Lamson

209 W 5th StWaterloo, IA 50701
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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1637 Carriage Hill
2 Bedroom Apartments

1637 Carriage Hill

1637 Carriage Hill DrWaterloo, IA 50701
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124 Earl St
1 to 2 Bedroom Apartments

124 Earl St

124-136 Earl StEvansdale, IA 50707

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Westwood Apartments
2 Bedroom Apartments

Westwood Apartments

3270-3320 W 4th StWaterloo, IA 50701
  • Utilities Included

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Fairbank, IA Local Guide

Cheapest Available Fairbank Apartments for Rent and Nearby

 

The cheapest available apartment rental in Fairbank, IA is a 1 Bed unit found at Residences on College Hill in the Downtown Cedar Falls neighborhood priced from $365. The Meadows Apartments in the Southlawn Court neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $600. Here is today’s list of the most affordable Fairbank apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Residences on College HillRoommate Matching – Private Bedroom in 4BR – On...1BR,1BA$365
The Meadows ApartmentsOtter Creek 1Bd1BR,1BA$600
Meadow Ridge Apartments1 BR/ 1 BA1BR,1BA$625
1106-1110 Kent CircleUpdated Cozy 1 Bedroom / 1 Bath Apartment in SW...1BR,1BA$760
University Manor1 BR/ 1 BA (NOW )1BR,1BA$770
Park @ Nine23S1scStudio,1BA$780
Falls Edge StudiosStudio BStudio,1BA$795
1150 Home Park Blvd2BR/1.0BA2BR,1BA$795
228 Spaces - Furnished Micro-Living Apartments2nd Floor StudioStudio,1BA$795
Union at North Crossing1 Bed 1 Bath1BR,1BA$800

Best Value Apartments for Rent in Fairbank, IA and Nearby

As of February 21, 2026 the best value apartment in the Fairbank area is the $1.09 price per square foot 3X1.5 Coffee Cupboards, Stainless, New LVP Thro... Model at Lantern Square Apartments Spacious 1, 2 & 3 Bedrooms in the starting from $1,200. The second greatest value Fairbank apartment is the 1st Month Free Model at Riverwalk Residences starting at $1,250 with a $1.19 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Lantern Square Apartments Spacious 1, 2 & 3 Bedrooms3X1.5 Coffee Cupboards, Stainless, New LVP Thro...3BR,1.5BA$1.09
Riverwalk Residences1st Month Free2BR,2BA$1.19
3714 Ravenwood Cir2 BR/ 2 BA2BR,2BA$1.10
Whispering Meadows CondominiumsTwo Bedroom w/Attached Garage2BR,2BA$1.20
Kinsale CondominiumsTwo Bedroom w/ Garage2BR,1BA$1.00
Le Chateau2BR/1.5BA2BR,1.5BA$0.90
Colby Apartments2 Bed2BR,1BA$1.13
Union at North Crossing1 Bed 1 Bath1BR,1BA$1.16
Meadow Ridge Apartments1 BR/ 1 BA1BR,1BA$1.02
The Meadows ApartmentsOtter Creek 1Bd1BR,1BA$1.00

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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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.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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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 Park @ Nine23 listed at $780.

How much is rent for a Cheap One Bedroom Fairbank Apartment?

The lowest price for a Cheap One Bedroom Fairbank Apartment is $365 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 $700 at The Meadows Apartments.

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 $850.

Expert Rental Resources

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.

Articles, How-To's, and Tips

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.