Cheap Apartments for Rent near Fairfield, IL from $500 (57 Rentals)

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

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.

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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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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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SPRING VALLEY FLATS
1 to 2 Bedroom Apartments

SPRING VALLEY FLATS

4400 Spring Valley RdEvansville, IN 47710
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Newton Senior Housing
1 to 2 Bedroom Apartments

Newton Senior Housing

201 Eaton StNewton, IL 62448
Senior Living
  • Utilities Included
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1900 N Willow Rd
1 to 3 Bedroom Apartments

1900 N Willow Rd

1900 N Willow RdEvansville, IN 47711

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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property at 1520 Main St
$675 - $750
1 To 2 Bedroom Rentals
Available Now

1520 Main St

VincennesIN47591
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Donaldson Arms
1 to 2 Bedroom Apartments

Donaldson Arms

1407 Howard StEvansville, IN 47713
  • Utilities Included

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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Fairfield, IL Local Guide

Cheapest Available Fairfield Apartments for Rent and Nearby

 

The cheapest available apartment rental in Fairfield, IL is a 1 Bed unit found at 1210 Char Lee Dr in the Howell neighborhood priced from $500. Anchor Court Apartments in the Howell neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $625. Here is today’s list of the most affordable Fairfield apartments for rent:

Apartment ListingModel NameBed/BathPriced From
1210 Char Lee Dr1bed1bath1BR, 1BA$500
Anchor Court Apartments1BR/1.0BA1BR, 1BA$625
Valoré at Hidden HillsThe Dogwood - One Bedroom Apartment Home1BR, 1BA$675
Southern Meadows1 Bed Apt1BR, 1BA$695
Shady Tree ApartmentsThe AshStudio, 1BA$735
Lakewood Flats and TownhomesThe Dogwood1BR, 1BA$745
Woodbridge Place Apartments1x1-7001BR, 1BA$799
The Timbers ApartmentsThe Oak 1 BR 1 BA1BR, 1BA$811
Market Street ApartmentsStudio Apartment Home in Historic BuildingStudio, 1BA$820
North ParkMcCallister1BR, 1BA$835

Best Value Apartments for Rent in Fairfield, IL and Nearby

As of September 18, 2026 the best value apartment in the Fairfield area is the $1.13 price per square foot 2BR/2.0BA Model at Apartments@41 in the Business 41 neighborhood starting from $1,450. The second greatest value Fairfield apartment is the 3 Bedroom Model at Baldwin Heights in the Gibson County neighborhood starting at $1,280 with a $1.16 price per square foot. 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.
Apartments@412BR/2.0BA2BR, 2BA$1.13
Baldwin Heights3 Bedroom3BR, 2BA$1.16
Vail Estates ApartmentsTwo Bedroom One Bathroom2BR, 1BA$1.10
The Brickyard ApartmentsKeystone1BR, 1BA$1.24
Century Estates Apartments2BR/1.0BA2BR, 1BA$1.11
Copper Creek TownhomesA-1 Bedroom Ranch1BR, 1BA$1.23
North ParkMcCallister1BR, 1BA$1.00
1210 Char Lee Dr1bed1bath1BR, 1BA$0.67
Woodbridge Place Apartments1x1-7001BR, 1BA$1.14
Valoré at Hidden HillsThe Pine - One Bedroom Apartment Home1BR, 1BA$1.25

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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!

Explore Fairfield, IL Rentals by Map

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See the most popular apartments and homes in Fairfield, IL

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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 Shady Tree Apartments listed at $735.

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

The lowest price for a Cheap One Bedroom Fairfield Apartment is $500 at 1210 Char Lee Dr.

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 $700 at 1210 Char Lee Dr.

What is the most affordable Fairfield Three Bedroom Apartment?

The best deal on a cheap Fairfield Three Bedroom Apartment rental is at The Brickyard Apartments and starts from $1,249.

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.

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How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.