Cheap Apartments for Rent in Fairfax, IA from $400 (46 Rentals)

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

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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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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CR Legacy
3 to 4 Bedroom Apartments

CR Legacy

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

233 Harnett St NW

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

Valley High

1715-1735 Edgewood RdCedar Rapids, IA 52405
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3200-3201 G Ave NW
2 Bedroom Apartments

3200-3201 G Ave NW

3200-3201 G Ave NWCedar Rapids, IA 52402
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Westcove North
2 Bedroom Apartments

Westcove North

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

117-129 Harbet Ave NW

117-129 Harbet Ave NWCedar Rapids, IA 52405
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Westcove
2 Bedroom Apartments

Westcove

3615 Queen Dr SWCedar Rapids, IA 52404
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Miller Avenue Estates
1 to 4 Bedroom Apartments

Miller Avenue Estates

64 Miller Ave SWCedar Rapids, IA 52404
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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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Showing Results 1-46, 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. Village in the Young's Hill neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $565. 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
Village2 Bedroom2BR,1BA$565
Goldfinch Meadows1 BR/ 1 BA1BR,1BA$580
Apache Park1 Bedroom1BR,1BA$595
Southview ApartmentsSouthview 1 bedroom Classic1BR,1BA$650
CR Legacy2x23BR,2BA$695
Westgate ApartmentsTwo Bedroom2BR,1BA$975
Union at Wiley2 Bed 2 Bath2BR,1BA$995
The AvenueThe Plaza1BR,1BA$1,000
Cedar River Bluffs Apartments2 Bedroom / 2 Bathroom2BR,2BA$1,525

Best Value Apartments for Rent in Fairfax, IA and Nearby

As of April 30, 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 2x2 Model at CR Legacy starting at $695 with a $0.72 price per square foot in the Corridor Ridge 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
CR Legacy2x23BR,2BA$0.72
Westgate ApartmentsTwo Bedroom2BR,1BA$1.08
Union at Wiley2 Bed 2 Bath2BR,1BA$1.16
The AvenueThe Plaza1BR,1BA$1.31
Shamrock ApartmentsArrowridge small 2 bedroom2BR,1BA$1.06
Southview ApartmentsSouthview 1 bedroom Classic1BR,1BA$1.02
Apache Park1 Bedroom1BR,1BA$0.99
Goldfinch Meadows1 BR/ 1 BA1BR,1BA$1.14
Village1 Bedroom1BR,1BA$9.58

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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 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 $565 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

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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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.