
Cheap Apartments for Rent in Fairfax, MN from $300 (94 Rentals)
Search the lowest-cost Apartments available for rent right now in Fairfax.


Southview Apartments

512 Vernon Ave

45 N High Dr NW

Sterling Manor Apartments

1212 Heckman Ct

Cardinal Manor Apartments

Downtown Estates

907 Dale St Apartments

Midway Apartments
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.

Hartshorn Manor

131 W 11th St

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Red Skye Lofts

Fairview Apartments

Cedar Acres Apartments

Town's Edge Estates

Hillcrest Apartments

Le Sueur Apartments

Tiller+Main

251 6th St
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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Village Court Apartments

Country Club Manor

Total Monthly Price
Somerset Properties

Le Sueur Meadows

Highland Apartments

Commerce Apartments

Sleepy Eye Apartments Homes

Wolverine Meadows

Huntington Hills Apartments & Townhomes

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Regency Apartments
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.

Highfield Apartments

Southwood Flats

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The Preserve on 24th

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Hoover Estates

Greenfield Estates I & II

520 6th St

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River Bluff Apartments

Riverfront Court

Vista View Townhomes

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Block 25 Lofts
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.

Skyway Properties LLC

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RoK Lofts

Traverse Green

Parkview Terrace

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Ward Rentals in Hutchinson

Total Monthly Price
Westview Village (55+ Community)

Welco West

The Forde

Capital Lofts

Sunrise Manor
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.
Fairfax, MN Local Guide

How much does it cost to rent an apartment in Fairfax?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Fairfax Studio Apartments | $905 | $750 | $1,150 |
| Fairfax 1 Bedroom Apartments | $1,126 | $595 | $2,155 |
| Fairfax 2 Bedroom Apartments | $1,239 | $695 | $1,759 |
| Fairfax 3 Bedroom Apartments | $1,476 | $1,145 | $1,960 |
Browse Top Apartments in Fairfax
See all Apartments in FairfaxExplore Fairfax
Fairfax, MN Local Guide
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Cheapest Available Fairfax Apartments for Rent and Nearby
 The cheapest available apartment rental in Fairfax, MN is a 1 Bed unit found at 512 Vernon Ave priced from $595. Bethel On Bryant has the second lowest priced unit, which is a 1 Bed apartment currently listed from $745. Here is today’s list of the most affordable Fairfax apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 512 Vernon Ave | One Bedroom | 1BR,1BA | $595 |
| Bethel On Bryant | Renville - 1/1 | 1BR,1BA | $745 |
| 1212 Heckman Ct | Studio | Studio,1BA | $750 |
| Cardinal Manor Apartments | One Bedroom - Handicap Accessible | 1BR,1BA | $775 |
| Downtown Estates | 1 Bed, 1 bath | 1BR,1BA | $795 |
| Midway Apartments | 1 Bed, 1 bath | 1BR,1BA | $825 |
| Hartshorn Manor | 1 Bed, 1 bath | 1BR,1BA | $840 |
| 131 W 11th St | 1 Bedroom 1 Bath | 1BR,1BA | $850 |
| Lewis Lofts | 1a1t | 1BR,1BA | $855 |
| Red Skye Lofts | 2 Bedroom | 2BR,1BA | $860 |
Best Value Apartments for Rent in Fairfax, MN and Nearby
As of July 23, 2026 the best value apartment in the Fairfax area is the $1.10 price per square foot Three Bedroom - Somerset Model at Somerset Properties in the starting from $1,350. The second greatest value Fairfax apartment is the 3 Bedroom Townhouse Model at Vista View Townhomes starting at $1,297 with a $1.08 price per square foot . Here is today’s list of the best values for Fairfax apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Somerset Properties | Three Bedroom - Somerset | 3BR,2BA | $1.10 |
| Vista View Townhomes | 3 Bedroom Townhouse | 3BR,1.5BA | $1.08 |
| 251 6th St | 2 Bedroom 1 Bath | 2BR,1BA | $1.16 |
| 1212 Heckman Ct | Studio | Studio ,1BA | $0.83 |
| 907 Dale St Apartments | 2 Bedroom | 2BR,1.5BA | $1.06 |
| Downtown Estates | 1 Bed, 1 bath | 1BR,1BA | $0.99 |
| 512 Vernon Ave | Two Bedroom | 2BR,1BA | $0.87 |
| Bethel On Bryant | Renville - 1/1 | 1BR,1BA | $0.96 |
| Cedar Acres Apartments | 1 Bed, 1 bath | 1BR,1BA | $1.17 |
| Hartshorn Manor | 1 Bed, 1 bath | 1BR,1BA | $1.12 |
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 ArticleReal 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 ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Fairfax, MN Rentals by Map
See the most popular apartments and homes in Fairfax, MN
Frequently Asked Questions about Cheap Fairfax Apartments
What is the Cheapest Studio apartment in Fairfax?
Currently the most affordable Cheap Studio Apartment in Fairfax is at 1212 Heckman Ct listed at $750.
How much is rent for a Cheap One Bedroom Fairfax Apartment?
The lowest price for a Cheap One Bedroom Fairfax Apartment is $595 at 512 Vernon Ave.
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 $695 at 512 Vernon Ave.
What is the most affordable Fairfax Three Bedroom Apartment?
The best deal on a cheap Fairfax Three Bedroom Apartment rental is at Town's Edge Estates and starts from $1,145.
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

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.

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.

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.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.