Cheap Apartments for Rent in Fairfield, IA from $400 (55 Rentals)

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

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Louden Lofts
Studio to 3 Bedroom Apartments

Louden Lofts

607 W Broadway AveFairfield, IA 52556
  • Utilities Included
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Fairfield Estates
2 to 4 Bedroom Apartments

Fairfield Estates

200 N 28th StFairfield, IA 52556

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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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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630 N 6th St
Studio to 1 Bedroom Apartments

630 N 6th St

630 N 6th StBurlington, IA 52601
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Chateau Apartments
1 to 2 Bedroom Apartments

Chateau Apartments

114 26th StFort Madison, IA 52627
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Washington Apartments
1 to 3 Bedroom Apartments

Washington Apartments

539 W 4th StOttumwa, IA 52501
  • Utilities Included
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Tisdale Apartments
2 Bedroom Apartments

Tisdale Apartments

232 E 4th StOttumwa, IA 52501
  • Utilities Included

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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Carriage Hill
1 to 2 Bedroom Apartments

Carriage Hill

700-710 Carriage HlIowa City, IA 52246
Corporate Housing
  • Utilities Included
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Mediapolis Village
2 to 4 Bedroom Apartments

Mediapolis Village

510 Wapello St SMediapolis, IA 52637
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Oakcrest
1 to 2 Bedroom Apartments

Oakcrest

801 Oakcrest StIowa City, IA 52246
  • Utilities Included

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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Fairfield, IA Local Guide

Cheapest Available Fairfield Apartments for Rent and Nearby

 

The cheapest available apartment rental in Fairfield, IA is a 2 Beds unit found at Washington Apartments priced from $706. Park Madison Apartments in the Ginger Ridge neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. Here is today’s list of the most affordable Fairfield apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Washington Apartments2.1C 40%2BR,1BA$706
Park Madison Apartments1BR/1BA1BR,1BA$750
Green Gable CottagesGreen Gable 1 Bedroom1BR,1BA$750
Caspian Village Apartments2 Bedroom, 1 Bathrom2BR,1BA$795
Bel Aire Apartments2 Bedrooms2BR,1BA$795
Alice Place West Burlington2-Bedroom2BR,1BA$840
Westland Village2x12BR,1BA$850
Hawthorne Townhomes2 Bedrooms 2 Bath2BR,1BA$860
Stonegate Village ApartmentsOne Bedroom1BR,1BA$860

Best Value Apartments for Rent in Fairfield, IA and Nearby

As of July 15, 2026 the best value apartment in the Fairfield area is the $0.62 price per square foot 105 N 5th St Model at 105 N 5th St, Unit 101 in the starting from $895. The second greatest value Fairfield apartment is the C1 - 3x3 Model at The Quarters Iowa City starting at $695 with a $0.59 price per square foot in the Fair Meadows neighborhood. Here is today’s list of the best values for Fairfield apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
105 N 5th St, Unit 101105 N 5th St2BR,1BA$0.62
The Quarters Iowa CityC1 - 3x33BR,3BA$0.59
Blaul LoftsBlaul Lofts - 2082BR,1BA$1.00
703 W Briggs Ave, Unit W Briggs Duplex703 W Briggs Ave2BR,1BA$0.85
Westland Village2x12BR,1BA$0.89
Hawthorne Townhomes2 Bedrooms 2 Bath2BR,1.5BA$0.91
Alice Place West Burlington2-Bedroom2BR,1BA$0.90
School House ApartmentsStudioStudio ,1BA$1.12
Park Madison Apartments1BR/1BA1BR,1BA$1.00
Caspian Village Apartments2 Bedroom, 1 Bathrom2BR,1BA$1.14

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:
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Frequently Asked Questions about Cheap Fairfield Apartments

What is the Cheapest Studio apartment in Fairfield?

Currently the most affordable Cheap Studio Apartment in Fairfield is at School House Apartments listed at $950.

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

The lowest price for a Cheap One Bedroom Fairfield Apartment is $750 at Park Madison Apartments.

What is the lowest price for a Cheap Two Bedroom Fairfield Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Fairfield is starting from $706 at Washington Apartments.

What is the most affordable Fairfield Three Bedroom Apartment?

The best deal on a cheap Fairfield Three Bedroom Apartment rental is at School House Apartments and starts from $1,075.

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 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.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.