Cheap Apartments for Rent in Fairfax, IA from $485 (49 Rentals)

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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.

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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.

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Southview Apartments
1 to 2 Bedroom Apartments

Southview Apartments

2155 Westdale Dr SWCedar Rapids, IA 52404
Corporate Housing
  • Utilities Included

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.

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CR Legacy
3 to 4 Bedroom Apartments

CR Legacy

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

233 Harnett St NW

233 Harnett St NWCedar Rapids, IA 52405
  • Utilities Included
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Valley High
1 to 2 Bedroom Apartments

Valley High

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

Westcove North

3507 Queen Dr SWCedar Rapids, IA 52404
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117-129 Harbet Ave NW
2 Bedroom Apartments

117-129 Harbet Ave NW

117-129 Harbet Ave NWCedar Rapids, IA 52405
  • Utilities Included
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Anderson Greene II
1 to 3 Bedroom Apartments

Anderson Greene II

53 Miller AveCedar Rapids, IA 52404
  • 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.

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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.

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Showing Results 1-49, 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 Shamrock Apartments in the Usher's Ferry Historic Village neighborhood priced from $560. Goldfinch Meadows in the Cedar Hills neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $580. Here is today’s list of the most affordable Fairfax apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Shamrock ApartmentsShamrock small 1 bedroom1BR, 1BA$560
Goldfinch Meadows1 BR/ 1 BA1BR, 1BA$580
Village1 Bedroom1BR, 1BA$765
The Retreat on 6thBungalow1BR, 1BA$845
3200-3201 G Ave NW2 BR/ 1 BA2BR, 1BA$880
Anderson Greene II1 Bedroom1BR, 1BA$892
Northview Apartments2BR/1.5BA2BR, 1BA$925
Anderson Greene I2 Bedroom A2BR, 1BA$945
Apache Park2 Bedroom2BR, 1BA$995
Union at Wiley2 Bed 2 Bath2BR, 1BA$1,045

Best Value Apartments for Rent in Fairfax, IA and Nearby

As of September 19, 2026 the best value apartment in the Fairfax area is the $1.13 price per square foot 2 Bedroom TH Model at Anderson Greene I in the Lincolnway Village neighborhood starting from $1,225. The second greatest value Fairfax apartment is the 4 Bed/ 4 Bath apartment Model at Eagle's Nest Apartments in the Corridor Ridge neighborhood starting at $575 with a $0.55 price per square foot. 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.
Anderson Greene I2 Bedroom TH2BR, 1.5BA$1.13
Eagle's Nest Apartments4 Bed/ 4 Bath apartment4BR, 4BA$0.55
The Retreat on 6thVilla3BR, 1.5BA$1.25
Westgate ApartmentsTwo Bedroom2BR, 1BA$1.22
Union at Wiley2 Bed 2 Bath2BR, 1BA$1.22
Northview Apartments2BR/1.5BA2BR, 1.5BA$1.11
Shamrock ApartmentsShamrock small 2 bedroom2BR, 1BA$1.06
3200-3201 G Ave NW2 BR/ 1 BA2BR, 1BA$1.24
EdgewoodOne Bedroom1BR, 1BA$1.36
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.

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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.

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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.

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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!

Explore Fairfax, IA Rentals by Map

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See the most popular apartments and homes in Fairfax, IA

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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 $560 at Shamrock Apartments.

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 $760 at Shamrock Apartments.

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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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.

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How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.