Cheap Apartments for Rent near Fairfield, KY from $500 (28 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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Park Lake Apartments
$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
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  • 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
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Frontgate Apartments
$1,116 - $1,988
Total Monthly Price

Total Monthly Price

Base Rent
$1,116 - $1,988
Total Monthly Price
$1,116 - $1,988
1 to 3 Bedroom Apartments Contact Us For Availability

Frontgate Apartments

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

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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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

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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Showing Results 1-28, Page 1 of 1

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 in the Nelson County neighborhood priced from $795. Park At Hurstbourne in the Fern Creek neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $860. Here is today’s list of the most affordable Fairfield apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Town Pointe ApartmentsStudioStudio,1BA$795
Park At Hurstbourne1 Bedroom 1 Bath 6601BR,1BA$860
AshgroveStudio Deluxe UpgradeStudio,1BA$875
Preston GardensGoldenrod1BR,1BA$925
Windhurst Park ApartmentsOne Bedroom Deluxe1BR,1BA$940
Cedar Springs Apartments1+11BR,1BA$975
Derby Run Apartments2 Bed 1 Bath2BR,1BA$1,019
120-122 Scotch Ct3 Bedroom3BR,1BA$1,095
Donerail1 Bedroom1BR,1BA$1,099
Creekside Crossing ApartmentsCreekside 1 bedroom Deluxe1BR,1BA$1,100

Best Value Apartments for Rent in Fairfield, KY and Nearby

As of July 27, 2026 the best value apartment in the Fairfield area is the $1.14 price per square foot B2 Model at Avalon Springs Apartments in the in the Fern Creek neighborhood starting from $1,483. The second greatest value Fairfield apartment is the 2+2.5 Townhouse Model at Cedar Springs Apartments starting at $1,375 with a $1.06 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.
Avalon Springs ApartmentsB22BR,2.5BA$1.14
Cedar Springs Apartments2+2.5 Townhouse2BR,2.5BA$1.06
Brookridge Village Apartments2+22BR,2BA$1.03
Highview Pointe2 Bed 2 Bath2BR,2BA$1.19
Overbrook Apartments2 BR / 2 BA2BR,2BA$1.12
120-122 Scotch Ct3 Bedroom3BR,1BA$1.00
Shelby Oaks ApartmentsTwo Bedroom2BR,2BA$1.10
Lakeview Garden Apartments2 Bed, 2 Bath Large2BR,2BA$1.21
Windhurst Park ApartmentsOne Bedroom Deluxe1BR,1BA$1.12
Preston GardensGoldenrod1BR,1BA$1.23

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!

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 Park At Hurstbourne.

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 120-122 Scotch Ct and starts from $1,095.

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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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.

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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.