Cheap Apartments for Rent in Fairfax, VT from $800 (36 Rentals)

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

property at 31 Sumner Ln

$1,600 - $1,750

1 To 2 Bedroom Rentals

Available Now

31 Sumner Ln

FairfaxVT05454

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.

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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46 School Street
Studio to 2 Bedroom Apartments

46 School Street

46 School StreetJohnson, VT 05656
  • 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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Hillview Off Campus Housing
Studio to 1 Bedroom Apartments

Hillview Off Campus Housing

85 E Spring StWinooski, VT 05404
Student Housing
  • Utilities Included
  • Smoke Free

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.

Fairfax, VT Local Guide

Cheapest Available Fairfax Apartments for Rent and Nearby

 

The cheapest available apartment rental in Fairfax, VT is a 2 Beds unit found at Cedar Hill Townhouses priced from $1,295. Parc Terrace in the Centennial neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,363. Here is today’s list of the most affordable Fairfax apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Cedar Hill Townhouses2-Bedroom2BR,1BA$1,295
Parc TerraceStudioStudio,1BA$1,363
30 City Hall PlOne Bedroom1BR,1BA$1,475
Pines Senior Living1 Bedroom1BR,1BA$1,485
Quarry Hill Club & CondominiumsBuilding 430 StudiosStudio,1BA$1,495
103-105 Puckerbrush East RdNo Availability1BR,$1,500
Great Cedars1 Bedroom1BR,1BA$1,550
11 Park Street ApartmentsStudioStudio,1BA$1,600
Schoolhouse Apartments at 17 Park StreetStudioStudio,1BA$1,600
Winooski BlockWinooski Block | 1 Bed with den (33 East Alle1BR,1BA$1,600

Best Value Apartments for Rent in Fairfax, VT and Nearby

As of July 21, 2026 the best value apartment in the Fairfax area is the $2.43 price per square foot Two Bedroom Town House Model at Millhouse Terrace in the in the Centennial neighborhood starting from $2,700. The second greatest value Fairfax apartment is the Winooski Block | 1 Bed (3-15 East Allen) Model at Winooski Block starting at $1,700 with a $1.61 price per square foot in the Centennial 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.
Millhouse TerraceTwo Bedroom Town House2BR,1BA$2.43
Winooski BlockWinooski Block | 1 Bed (3-15 East Allen)1BR,1BA$1.61
5 Corners2 Bed 2 Bath2BR,2BA$2.13
Mansfield ApartmentsOne Bedroom One Bath1BR,1BA$2.24
Riverside In the Village1 Bedroom with washer and dryer1BR,1BA$2.20
Cedar Hill Townhouses2-Bedroom2BR,1BA$1.64
Millhouse WestWest 2 Bedroom2BR,1BA$2.32
Spinner Place5x25BR,2BA$1.42
30 City Hall PlOne Bedroom1BR,1BA$2.11
Pines Senior Living1 Bedroom1BR,1BA$2.36

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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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 Parc Terrace listed at $1,363.

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

The lowest price for a Cheap One Bedroom Fairfax Apartment is $1,475 at 30 City Hall Pl.

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 $1,295 at Cedar Hill Townhouses.

What is the most affordable Fairfax Three Bedroom Apartment?

The best deal on a cheap Fairfax Three Bedroom Apartment rental is at Cedar Hill Townhouses and starts from $1,495.

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

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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.

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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.