Cheap Homes for Rent in Fairfield, IL from $500 (26 Rentals)

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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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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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Showing Results 1-26, Page 1 of 1

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 SPRING VALLEY FLATS in the Oakhill neighborhood priced from $599. Southern Meadows Senior Living has the second lowest priced unit, which is a 1 Bed apartment currently listed from $650. Here is today’s list of the most affordable Fairfield apartments for rent:

Apartment ListingModel NameBed/BathPriced From
SPRING VALLEY FLATSThe Redbud1BR,1BA$599
Southern Meadows Senior Living1 Bed Apt1BR,1BA$650
Valoré at Hidden HillsThe Dogwood - One Bedroom Apartment Home1BR,1BA$675
Foxfire West Apartments1.1f1BR,1BA$795
Elmdale Apartments1 bed 1 bath1BR,1BA$800
Market Street ApartmentsStudio Apartment Home in Historic BuildingStudio,1BA$820
Shawnee Village1 BR /1 BA 62 and Older1BR,1BA$846
Lakewood Flats and TownhomesThe Dogwood1BR,1BA$865
Copper Creek TownhomesA-1 Bedroom Ranch1BR,1BA$925
Central LoftsJJ2BR,1BA$925

Best Value Apartments for Rent in Fairfield, IL and Nearby

As of June 09, 2026 the best value apartment in the Fairfield area is the $1.18 price per square foot 2 Bedrooms, 2 Bathrooms Model at Nabisco Building in the in the STAR neighborhood starting from $2,199. The second greatest value Fairfield apartment is the 3BR/2.0BA Model at Apartments@41 starting at $1,600 with a $1.15 price per square foot in the Business 41 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.
Nabisco Building2 Bedrooms, 2 Bathrooms2BR,2BA$1.18
Apartments@413BR/2.0BA3BR,2BA$1.15
1210 Char Lee Dr2bed2bath2BR,2BA$1.12
North ParkKensington2BR,1.5BA$1.00
Eagle Village - Historical Access4BR/2BA - Furnished4BR,2BA$0.47
Vail Estates ApartmentsTwo Bedroom One Bathroom2BR,1BA$1.10
The Brickyard ApartmentsKeystone1BR,1BA$1.16
Mission Viejo VillasB- Barcelona1BR,1BA$1.16
Copper Creek TownhomesA-1 Bedroom Ranch1BR,1BA$1.23
Southern Meadows Senior Living1 Bed Apt1BR,1BA$1.19

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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Quick Rent Budget Calculator

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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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Frequently Asked Questions about Fairfield

What type of rentals are currently available in Fairfield?

There are currently 51 Apartments for Rent in Fairfield, IL with pricing that ranges from $580 to $4,449. There are also 46 Single Family Homes for rent, Condos, and Townhome rentals currently available in Fairfield ranging from $550 to $3,200.

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 $550 to $3,200 with an average monthly rent of $1,572.

How much are larger Three and Four Bedroom Rentals in Fairfield?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Fairfield range from $1,245 to $1,674, while Three Bedroom Homes, Condos, and Townhomes for rent range from $699 to $2,800. Four Bedroom Single-Family rentals are also available starting from $900 and Four Bedroom Apartments start at $580.

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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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.

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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.

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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.