
Cheap Homes for Rent near Fairfax, SD from $600 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Fairfax.


603 S Washington St

309 W Washington Ave

716 W Ash Ave
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.

617 Elm Ave

101 W Wisconsin St

403 N Maple St

630 E 4th 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.
Fairfax, SD Local Guide

How much does it cost to rent a home in Fairfax?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Fairfax 2 Bedroom Homes for Rent | $1,183 | $685 | $1,500 |
| Fairfax 3 Bedroom Homes for Rent | $1,335 | $850 | $1,650 |
| Fairfax 4 Bedroom Homes for Rent | $1,337 | $650 | $2,000 |
| Fairfax 5 Bedroom Homes for Rent | $1,300 | $1,300 | $1,300 |
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Fairfax, SD Local Guide
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Cheapest Available Fairfax Apartments for Rent and Nearby
 The cheapest available apartment rental in Fairfax, SD is a 1 Bed unit found at Ashbrook Trail Apartments priced from $460. Missouri View Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $499. Here is today’s list of the most affordable Fairfax apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Ashbrook Trail Apartments | 1 Bed, 1 bath | 1BR,1BA | $460 |
| Missouri View Apartments | 1 BD, 1 BA Layout | 1BR,1BA | $499 |
| 814 E Highway 44 | Lamro Units | 1BR,1BA | $625 |
Best Value Apartments for Rent in Fairfax, SD and Nearby
As of August 05, 2026 the best value apartment in the Fairfax area is the $0.89 price per square foot 3 Bedroom Townhome Model at Wheatgrass Village I in the starting from $1,465. The second greatest value Fairfax apartment is the 3 Bedroom Model at Lake Area Townhomes starting at $1,535 with a $0.99 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. |
|---|---|---|---|
| Wheatgrass Village I | 3 Bedroom Townhome | 3BR,2.5BA | $0.89 |
| Lake Area Townhomes | 3 Bedroom | 3BR,2.5BA | $0.99 |
| 414 W Phillip Ave | 2 Beds, 1 bath | 2BR,1BA | $1.16 |
| Copper Flats | 3 Bedroom 2 Bathroom | 3BR,2BA | $0.96 |
| Harrison Apartments | 3 Bedroom | 3BR,1BA | $1.03 |
| The Apartment Place | 1BR/1BA | 1BR,1BA | $1.07 |
| Parkview Apartments and Townhomes | 2 bedroom apartment | 2BR,1BA | $1.20 |
| Ashbrook Trail Apartments | 1 Bed, 1 bath | 1BR,1BA | $0.60 |
| The Clark Apartments | 1 Bed | 1BR,1BA | $1.10 |
| 814 E Highway 44 | Lamro Units | 1BR,1BA | $0.92 |
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.
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Fairfax
What type of rentals are currently available in Fairfax?
There are currently 43 Apartments for Rent in Fairfax, SD with pricing that ranges from $460 to $3,999. There are also 30 Single Family Homes for rent, Condos, and Townhome rentals currently available in Fairfax ranging from $650 to $2,000.
What is the current price range for Rental Homes in Fairfax?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Fairfax ranges from $650 to $2,000 with an average monthly rent of $1,229.
How much are larger Three and Four Bedroom Rentals in Fairfax?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Fairfax range from $1,000 to $2,095, while Three Bedroom Homes, Condos, and Townhomes for rent range from $850 to $1,650. Four Bedroom Single-Family rentals are also available starting from $650 and Four Bedroom Apartments start at $1,400.
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.

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.

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.