
Cheap Homes for Rent in Fairfield, IA from $700 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Fairfield.


307 S Dodge St

633 Walnut St

1054 Newton Rd
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.

1632 5th St

532 S Dubuque St

708 Westwinds Dr

116 N 4th St
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.
Fairfield, IA Local Guide

How much does it cost to rent a home in Fairfield?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Fairfield 2 Bedroom Homes for Rent | $1,423 | $1,050 | $3,900 |
| Fairfield 3 Bedroom Homes for Rent | $1,692 | $800 | $2,650 |
| Fairfield 5 Bedroom Homes for Rent | $2,625 | $2,375 | $3,000 |
Browse Top Homes for Rent in Fairfield
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Fairfield, IA Local Guide
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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. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Bel Aire Apartments | 2 Bedroom | 2BR,1BA | $695 |
| Park Madison Apartments | 1BR/1BA | 1BR,1BA | $750 |
| Caspian Village Apartments | 1 Bedroom, 1 Bathroom | 1BR,1BA | $750 |
Best Value Apartments for Rent in Fairfield, IA and Nearby
As of June 19, 2026 the best value apartment in the Fairfield area is the $1.06 price per square foot Churchill Lofts - 202 Model at Churchill Lofts in the in the Ginger Ridge neighborhood starting from $1,295. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Churchill Lofts | Churchill Lofts - 202 | 2BR,1BA | $1.06 |
| The Quarters Iowa City | C1 - 3x3 | 3BR,3BA | $0.59 |
| Westland Village | 2x1 | 2BR,1BA | $0.89 |
| Alice Place West Burlington | 2-Bedroom | 2BR,1BA | $0.90 |
| School House Apartments | 1 Bedroom and 1 Bath | 1BR,1BA | $1.06 |
| Orchard Meadows | B1 Partially Renovated | 2BR,1BA | $0.90 |
| Blaul Lofts | Blaul Lofts - 205 | 1BR,1BA | $1.06 |
| Park Madison Apartments | 1BR/1BA | 1BR,1BA | $1.00 |
| 302 W Washington Ave, Unit Apt C | 302 W Washington Ave | Studio ,1BA | $0.79 |
| 206 N 5th St, Unit C | 206 N 5th St | Studio ,1BA | $0.71 |
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.
Read ArticleQuick 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.
Best Local Schools in Fairfield, IA
Fairfield High School
Fairfield Middle School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Fairfield
What type of rentals are currently available in Fairfield?
There are currently 64 Apartments for Rent in Fairfield, IA with pricing that ranges from $495 to $3,300. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in Fairfield ranging from $700 to $5,000.
What is the current price range for Rental Homes in Fairfield?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Fairfield ranges from $700 to $5,000 with an average monthly rent of $2,342.
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

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.

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.

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.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.