Cheap Apartments for Rent in Fairfax, MO from $400 (38 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.

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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Maplewinds I & II
1 to 2 Bedroom Apartments

Maplewinds I & II

403 Iowa StHiawatha, KS 66434
  • Utilities Included
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Maryville Meadows
2 to 3 Bedroom Apartments

Maryville Meadows

324 E Summit DrMaryville, MO 64468
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303 W Lowell Ave
1 to 2 Bedroom Apartments

303 W Lowell Ave

303 W Lowell AveShenandoah, IA 51601
Corporate Housing
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CityView Lofts
Studio to 2 Bedroom Apartments

CityView Lofts

201 S 10th StSt. Joseph, MO 64501
  • Utilities Included

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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Arbor Village
1 to 3 Bedroom Apartments

Arbor Village

601 4th CorsoNebraska City, NE 68410
  • Utilities Included
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Summit Place
1 to 3 Bedroom Apartments

Summit Place

516-520 N 10th StSt. Joseph, MO 64501
  • Utilities Included
property at 407 H St

$750

1 Bedroom Rentals

Available Now

407 H St

HamburgIA51640

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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Arbor View Apartments
1 to 3 Bedroom Apartments

Arbor View Apartments

1116 S 2nd StNebraska City, NE 68410
  • Utilities Included

Fairfax, MO Local Guide

Cheapest Available Fairfax Apartments for Rent and Nearby

 

The cheapest available apartment rental in Fairfax, MO is a 1 Bed unit found at Parkway Village Apartments priced from $540. Tarkio Village Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $550. Here is today’s list of the most affordable Fairfax apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Parkway Village ApartmentsOne Bedroom1BR,1BA$540
Tarkio Village Apartments1BR/1.0BA1BR,1BA$550
Mitchell Park Plaza ApartmentS1 - Standard Studio (Pet-Free)Studio,1BA$578
Nottingham Court Apartments1 Bed 1 Bath1BR,1BA$675
Red Oak 48-Unit (City View Apartments)1 Bedroom1BR,1BA$695
HL29 Modern FlatsStudioStudio,1BA$725
University PointVO 2X12BR,1BA$725
Forest Cove2 Bedroom, 1 Bath2BR,1BA$725
Bellevue Gardens Apartments1 Bed 1 Bath1BR,1BA$750
Brittany Village1 bd1BR,1BA$790

Best Value Apartments for Rent in Fairfax, MO and Nearby

As of May 09, 2026 the best value apartment in the Fairfax area is the $0.95 price per square foot 2 Story/3 Plex Model at Tallgrass Apartments in the in the Gretna neighborhood starting from $1,693. The second greatest value Fairfax apartment is the Two Bed - Upcoming Availability Model at Burr Oaks Place starting at $1,185 with a $0.95 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.
Tallgrass Apartments2 Story/3 Plex4BR,2BA$0.95
Burr Oaks PlaceTwo Bed - Upcoming Availability2BR,1BA$0.95
Cottonwood CreekThree Bedroom3BR,2BA$0.92
University PointVO2X1R2BR,1BA$0.96
Forest Cove2 Bedroom, 1 Bath2BR,1BA$0.89
Park Avenue Apartments2BR/1.0BA2BR,1BA$0.99
Timbercrest1Bed 1Bath1BR,1BA$1.07
Parkway Village ApartmentsTwo Bedroom (updated)2BR,1BA$0.99
Bellevue Gardens Apartments1 Bed 1 Bath1BR,1BA$1.07
Nottingham Court Apartments1 Bed 1 Bath1BR,1BA$1.13

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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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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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!

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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 Mitchell Park Plaza Apartment listed at $578.

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

The lowest price for a Cheap One Bedroom Fairfax Apartment is $540 at Parkway Village 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 $690 at Parkway Village Apartments.

What is the most affordable Fairfax Three Bedroom Apartment?

The best deal on a cheap Fairfax Three Bedroom Apartment rental is at Forest Cove and starts from $800.

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 A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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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.