Cheap Apartments for Rent in Fairfield, KY from $500 (50 Rentals)

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

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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Park Lake Apartments
Rent Specials
$1,108 - $1,521
Total Monthly Price

Total Monthly Price

Base Rent
$1,108 - $1,521
Total Monthly Price
$1,108 - $1,521
1 to 3 Bedroom Apartments Available Now

Park Lake Apartments

7100 Leisure LnLouisville, KY 40229
Corporate Housing
  • Verified
  • Customer Reviewed
  • Utilities Included
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Oakwood Landings
Rent Specials
$1,115 - $1,480
Total Monthly Price

Total Monthly Price

Base Rent
$1,115 - $1,480
Total Monthly Price
$1,115 - $1,480
1 to 2 Bedroom Apartments Available Now

Oakwood Landings

5141 Commerce Crossings DrLouisville, KY 40229
Eco-Friendly
  • Verified
  • Utilities Included
  • 3D Tour

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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Frontgate Apartments
$1,249 - $1,846
Total Monthly Price

Total Monthly Price

Base Rent
$1,249 - $1,846
Total Monthly Price
$1,249 - $1,846
1 to 3 Bedroom Apartments Available Now

Frontgate Apartments

7400 Snow Bend AveLouisville, KY 40228
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

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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Linda's Place (Age 62+ )
1 to 2 Bedroom Apartments

Linda's Place (Age 62+ )

785 Running Creek DrShepherdsville, KY 40165
Senior Living
  • Utilities Included
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309 Prairie Dr
Studio to 2 Bedroom Apartments

309 Prairie Dr

309 Prairie DrLouisville, KY 40229
  • Utilities Included
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92 E Main St
1 to 2 Bedroom Apartments

92 E Main St

92 E Main StTaylorsville, KY 40071
Furnished
  • Utilities Included
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Cardinal Ridge Apartments
1 to 2 Bedroom Apartments

Cardinal Ridge Apartments

1350 Evergreen WaySimpsonville, KY 40067
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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Cedar Creek Flats
2 to 3 Bedroom Apartments

Cedar Creek Flats

7703 Cedar Creek RdLouisville, KY 40291
  • Utilities Included

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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Fairfield, KY Local Guide

Cheapest Available Fairfield Apartments for Rent and Nearby

 

The cheapest available apartment rental in Fairfield, KY is a Studio unit found at Town Pointe Apartments priced from $795. Ashgrove in the Fern Creek neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $835. Here is today’s list of the most affordable Fairfield apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Town Pointe ApartmentsStudioStudio,1BA$795
AshgroveStudioStudio,1BA$835
Hillview Woods Apartments1 + 11BR,1BA$860
Park At Hurstbourne2 Bedroom 1.5 Bath2BR,1BA$900
Derby Run Apartments1 Bed 1 Bath1BR,1BA$909
Windhurst Park ApartmentsOne Bedroom Deluxe1BR,1BA$910
Brookridge Village Apartments1+11BR,1BA$1,040
Cedar Springs Apartments1+11BR,1BA$1,050
Southgate LandingA2-CR1BR,1BA$1,082
Donerail1 Bedroom1BR,1BA$1,099

Best Value Apartments for Rent in Fairfield, KY and Nearby

As of June 11, 2026 the best value apartment in the Fairfield area is the $1.01 price per square foot 2 + 2 Model at Hillview Woods Apartments in the in the South Side neighborhood starting from $1,250. The second greatest value Fairfield apartment is the 2 Bed 2 Bath Model at Highview Pointe starting at $1,440 with a $1.18 price per square foot in the Fern Creek 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.
Hillview Woods Apartments2 + 22BR,2BA$1.01
Highview Pointe2 Bed 2 Bath2BR,2BA$1.18
Tanyard Park2 Bedroom | 2 Bath2BR,2BA$1.00
Avalon Springs ApartmentsB12BR,2BA$1.19
Overbrook Apartments2 BR / 2 BA2BR,2BA$1.13
Woodlawn Estates2 Beds, 1 Baths2BR,1BA$1.12
Cedar Springs Apartments2+12BR,1BA$1.09
Lakeview Garden Apartments2 Bed, 2 Bath Large2BR,2BA$1.21
Brookridge Village Apartments1+11BR,1BA$1.18
Windhurst Park ApartmentsOne Bedroom Deluxe1BR,1BA$1.09

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

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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Fairfield, KY Rentals by Map

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See the most popular apartments and homes in Fairfield, KY

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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 Town Pointe Apartments listed at $795.

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

The lowest price for a Cheap One Bedroom Fairfield Apartment is $860 at Hillview Woods 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 $900 at Park At Hurstbourne.

What is the most affordable Fairfield Three Bedroom Apartment?

The best deal on a cheap Fairfield Three Bedroom Apartment rental is at Park At Hurstbourne and starts from $1,200.

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 How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.

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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.