Cheap Apartments for Rent in Fairfield, IA from $500 (46 Rentals)

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Louden Lofts
Studio to 3 Bedroom Apartments

Louden Lofts

607 W Broadway AveFairfield, IA 52556
  • Utilities Included

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.

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
  • Utilities Included
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Carriage Hill
1 to 2 Bedroom Apartments

Carriage Hill

700-710 Carriage HlIowa City, IA 52246
Corporate Housing
  • 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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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

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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 Bel Aire Apartments in the Ginger Ridge neighborhood priced from $695. MAPLE PLACE APARTMENTS has the second lowest priced unit, which is a 2 Beds apartment currently listed from $700. Here is today’s list of the most affordable Fairfield apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Bel Aire Apartments2 Bedroom2BR,1BA$695
MAPLE PLACE APARTMENTS2 Bed 1 Bath2BR,1BA$700
Tisdale Apartments2 Bedroom2BR,1BA$720
Park Madison Apartments1BR/1BA1BR,1BA$750
Caspian Village Apartments1 Bedroom, 1 Bathroom1BR,1BA$750
Summer Street ApartmentsStudioStudio,1BA$750
Green Gable CottagesGreen Gable 1 Bedroom1BR,1BA$750
Orchard MeadowsB1 Partially Renovated2BR,1BA$795
Alice Place West Burlington2-Bedroom2BR,1BA$840

Best Value Apartments for Rent in Fairfield, IA and Nearby

As of May 31, 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 - 4021BR,1BA$1.00
Westland Village2x12BR,1BA$0.89
Alice Place West Burlington2-Bedroom2BR,1BA$0.90
Orchard MeadowsB1 Partially Renovated2BR,1BA$0.90
Park Madison Apartments1BR/1BA1BR,1BA$1.00
MAPLE PLACE APARTMENTS2 Bed 1 Bath2BR,1BA$0.97
Tisdale Apartments2 Bedroom2BR,1BA$1.03
302 W Washington Ave, Unit Apt C302 W Washington AveStudio ,1BA$0.79

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 Fairfield Apartments

What is the Cheapest Studio apartment in Fairfield?

Currently the most affordable Cheap Studio Apartment in Fairfield is at Summer Street Apartments listed at $750.

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 $695 at Bel Aire Apartments.

What is the most affordable Fairfield Three Bedroom Apartment?

The best deal on a cheap Fairfield Three Bedroom Apartment rental is at Black Hawk Village and starts from $1,252.

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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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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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.