Cheap Apartments for Rent in Fairfax, IA from $400 (48 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in Fairfax.

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Read Article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Read Article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Read Article
close
View Me
Southview Apartments
1 to 2 Bedroom Apartments

Southview Apartments

2155 Westdale Dr SWCedar Rapids, IA 52404
Corporate Housing
  • Utilities Included
close
View Me
CR Legacy
3 to 4 Bedroom Apartments

CR Legacy

100-200 66th Ave SWCedar Rapids, IA 52404
  • Utilities Included
close
View Me
233 Harnett St NW
Studio to 2 Bedroom Apartments

233 Harnett St NW

233 Harnett St NWCedar Rapids, IA 52405
  • Utilities Included
  • Smoke Free
close
View Me
Valley High
1 to 2 Bedroom Apartments

Valley High

1715-1735 Edgewood RdCedar Rapids, IA 52405
  • Utilities Included
close
View Me
Westcove North
2 Bedroom Apartments

Westcove North

3507 Queen Dr SWCedar Rapids, IA 52404
  • Utilities Included
close
View Me
117-129 Harbet Ave NW
2 Bedroom Apartments

117-129 Harbet Ave NW

117-129 Harbet Ave NWCedar Rapids, IA 52405
  • Utilities Included

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Read Article
close
View Me
Anderson Greene I
1 to 3 Bedroom Apartments

Anderson Greene I

53 Miller AveCedar Rapids, IA 52404
  • Utilities Included
close
View Me
Westcove
2 Bedroom Apartments

Westcove

3615 Queen Dr SWCedar Rapids, IA 52404
close
View Me
The Avenue
1 to 2 Bedroom Apartments

The Avenue

5200 16th AveCedar Rapids, IA 52404
  • Utilities Included
close
View Me
Miller Avenue Estates
1 to 4 Bedroom Apartments

Miller Avenue Estates

64 Miller Ave SWCedar Rapids, IA 52404
  • Utilities Included

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.

Read Article
property at 615 Rachael St

$1,295 - $1,300

1 Bedroom Rentals

Available Sep 20

615 Rachael St

North LibertyIA52317
Showing Results 1-48, Page 1 of 1

Fairfax, IA Local Guide

Cheapest Available Fairfax Apartments for Rent and Nearby

 

The cheapest available apartment rental in Fairfax, IA is a 1 Bed unit found at Goldfinch Meadows in the Cedar Hills neighborhood priced from $580. Village in the Young's Hill neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $635. Here is today’s list of the most affordable Fairfax apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Goldfinch Meadows1 BR/ 1 BA1BR,1BA$580
Village1 Bedroom1BR,1BA$635
Northview Apartments1BR/1.0BA1BR,1BA$755
3200-3201 G Ave NW2 BR/ 1 BA2BR,1BA$820
The Malory Apartments2BR/1.0BA2BR,1BA$880
3212 Wilson Ave SW1x11BR,1BA$900
The AvenueThe Plaza1BR,1BA$950
The Retreat on 6thCottage2BR,1BA$955
Union at Wiley2 Bed 2 Bath2BR,1BA$995
Apache Park3 Bedroom3BR,1BA$995

Best Value Apartments for Rent in Fairfax, IA and Nearby

As of August 05, 2026 the best value apartment in the Fairfax area is the $1.28 price per square foot 2 Bedroom / 2 Bathroom Model at Cedar River Bluffs Apartments in the in the Usher's Ferry Historic Village neighborhood starting from $1,525. The second greatest value Fairfax apartment is the BaxterSig Model at Prairie Bend starting at $1,400 with a $1.52 price per square foot in the Cedar Hills neighborhood. Here is today’s list of the best values for Fairfax apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Cedar River Bluffs Apartments2 Bedroom / 2 Bathroom2BR,2BA$1.28
Prairie BendBaxterSig2BR,1BA$1.52
Westgate ApartmentsTwo Bedroom2BR,1BA$1.22
The Retreat on 6thCottage2BR,1BA$1.11
Union at Wiley2 Bed 2 Bath2BR,1BA$1.16
The Malory Apartments2BR/1.0BA2BR,1BA$1.04
The AvenueThe Plaza1BR,1BA$1.24
3200-3201 G Ave NW2 BR/ 1 BA2BR,1BA$1.18
Northview Apartments1BR/1.0BA1BR,1BA$1.21
Goldfinch Meadows1 BR/ 1 BA1BR,1BA$1.14

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.

Read Article
Decorative image

Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

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

Explore Fairfax, IA Rentals by Map

Decorative image of map

See the most popular apartments and homes in Fairfax, IA

View Map
Fairfax, IA Apartments Map
View Map
Fairfax, IA Rental Homes Map

Frequently Asked Questions about Cheap Fairfax Apartments

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

The lowest price for a Cheap One Bedroom Fairfax Apartment is $580 at Goldfinch Meadows.

What is the lowest price for a Cheap Two Bedroom Fairfax Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Fairfax is starting from $675 at Village.

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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.