Cheap Apartments for Rent in Fairbank, IA from $300 (31 Rentals)

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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.

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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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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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1637 Carriage Hill
2 Bedroom Apartments

1637 Carriage Hill

1637 Carriage Hill DrWaterloo, IA 50701
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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 The Meadows Apartments in the Southlawn Court neighborhood priced from $600. Meadow Ridge Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $625. Here is today’s list of the most affordable Fairbank apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Meadows ApartmentsMeadows 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$750
Union at North Crossing1 Bed 1 Bath1BR,1BA$760
University Manor1 BR/ 1 BA (Dec'25 and Jan' 26 )1BR,1BA$770
1150 Home Park Blvd2BR/1.0BA2BR,1BA$795
Le Chateau2BR/1.5BA2BR,1BA$795
1637 Carriage Hill2BR/1.0BA2BR,1BA$795
228 Spaces - Furnished Micro-Living Apartments2nd Floor StudioStudio,1BA$795
Falls Edge StudiosStudio B REVStudio,1BA$800

Best Value Apartments for Rent in Fairbank, IA and Nearby

As of January 01, 2026 the best value apartment in the Fairbank area is the $1.10 price per square foot 2 BR/ 2 BA Model at 3714 Ravenwood Cir in the starting from $1,150. The second greatest value Fairbank apartment is the 3BR/2BA Model at Hawkeye Towers (new) starting at $505 with a $0.50 price per square foot . 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.
3714 Ravenwood Cir2 BR/ 2 BA2BR,2BA$1.10
Hawkeye Towers (new)3BR/2BA3BR,2BA$0.50
Pineview Place Apartments2 Bedroom/1 Bath2BR,1BA$1.03
Kinsale CondominiumsTwo Bedroom w/ Garage2BR,1BA$1.00
Lantern Square Apartments Spacious 1, 2 & 3 BedroomsLS 2x1.52BR,1.5BA$0.97
Le Chateau2BR/1.5BA2BR,1.5BA$0.85
Residences on College Hill4 Bedroom Apartment Near UNI — Only $1,400/mo (...4BR,1BA$0.99
1150 Home Park Blvd2BR/1.0BA2BR,1BA$1.02
The Meadows ApartmentsMeadows 1Bd1BR,1BA$0.92
Meadow Ridge Apartments1 BR/ 1 BA1BR,1BA$1.02

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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Quick Rent Budget Calculator

How much rent can you afford?

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!

Explore Fairbank, IA Rentals by Map

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See the most popular apartments and homes in Fairbank, IA

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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 228 Spaces - Furnished Micro-Living Apartments listed at $795.

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

The lowest price for a Cheap One Bedroom Fairbank Apartment is $600 at The Meadows Apartments.

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 $750.

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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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!