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Rent Specials
$650 - $7501 to 3 Bedroom Apartments Available Now
The Meadows Apartments
400 13th Ave NWOelwein, IA 50662
Cheap Apartments for Rent in Fayette, IA from $300 (23 Rentals)
Search the lowest-cost Apartments available for rent right now in Fayette.
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$675 - $1,145Studio to 3 Bedroom Apartments Available Now
Russell Lamson
209 W 5th StWaterloo, IA 50701
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$770 - $9951 to 2 Bedroom Apartments Available Now
University Manor
1939 College StCedar Falls, IA 50613
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$7753 Bedroom Apartments Available Now
1224-1282 W Mullan Ave
1224-1282 W Mullan AveWaterloo, IA 50701
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$795Studio Apartments Available Now
228 Spaces - Furnished Micro-Living Apartments
4117 University AveCedar Falls, IA 50613
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$800 - $9751 to 3 Bedroom Apartments Available Now
Rolling Meadows Apartments
701 16th St SWWaverly, IA 50677
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.
306 1/2 1st St SE
OelweinIA50662
2836 Independence Ave
WaterlooIA50707
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253 Monroe St
WaterlooIA50703
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.
323 Idaho St
WaterlooIA50703
147 French St
WaterlooIA50703
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213 Manson St
WaterlooIA50703
117 6th Ave SW
OelweinIA50662
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832 Adrian St
WaterlooIA50703
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
101 1st Ave NW
OelweinIA50662
2 1st St NE
OelweinIA50662
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Showing Results 1-23, Page 1 of 1
Fayette, IA Local Guide
Path through the park by UI International Programs is licensed under CC BY 2.0
How much does it cost to rent an apartment in Fayette?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Fayette Studio Apartments | $927 | $675 | $1,300 |
| Fayette 1 Bedroom Apartments | $1,121 | $650 | $1,800 |
| Fayette 2 Bedroom Apartments | $1,199 | $700 | $2,500 |
| Fayette 3 Bedroom Apartments | $1,170 | $750 | $1,900 |
| Fayette 4 Bedroom Apartments | $380 | $380 | $380 |
Browse Top Apartments in Fayette
See all Apartments in FayetteExplore Fayette
Fayette, IA Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Fayette Apartments for Rent and Nearby
The cheapest available apartment rental in Fayette, IA is a Studio unit found at Russell Lamson in the Downtown Waterloo neighborhood priced from $675. The Meadows Apartments in the Southlawn Court neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $700. Here is today’s list of the most affordable Fayette apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Russell Lamson | Studio | Studio,1BA | $675 |
| The Meadows Apartments | Quads 2Bd | 2BR,1BA | $700 |
| Le Chateau | 1BR/1.0BA | 1BR,1BA | $725 |
| 1106-1110 Kent Circle | Updated Cozy 1 Bedroom / 1 Bath Apartment in SW... | 1BR,1BA | $750 |
| University Manor | 1 BR/ 1 BA (Sept '25 ) | 1BR,1BA | $770 |
Best Value Apartments for Rent in Fayette, IA and Nearby
As of September 11, 2025 the best value apartment in the Fayette area is the $0.70 price per square foot 3 BR/ 1 BA Model at 1224-1282 W Mullan Ave in the in the Downtown Waterloo neighborhood starting from $775. The second greatest value Fayette apartment is the 4BR/2BA Model at Hawkeye Towers starting at $380 with a $0.35 price per square foot . Here is today’s list of the best values for Fayette apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1224-1282 W Mullan Ave | 3 BR/ 1 BA | 3BR,1BA | $0.70 |
| Hawkeye Towers | 4BR/2BA | 4BR,2BA | $0.35 |
| West Brook 3 | 2BR/2.0BA | 2BR,2BA | $1.10 |
| 3714 Ravenwood Cir | 2 BR/ 2 BA | 2BR,2BA | $1.10 |
| Pineview Place Apartments | 2 Bedroom/1 Bath | 2BR,1BA | $1.03 |
| Kinsale Condominiums | Two Bedroom w/ Garage | 2BR,1BA | $1.00 |
| Lawler School Lofts | 2BR/1B | 2BR,1BA | $1.06 |
| Wild Grove Apartments - 702 NICC | Wild Grove Apartments | 2BR,1BA | $1.09 |
| 1150 Home Park Blvd | 2BR/1.0BA | 2BR,1BA | $1.09 |
| The Meadows Apartments | Meadows 2Bd | 2BR,1BA | $0.92 |
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Getting Around Fayette, IA
Walk Score®
26 / 100
Car-Dependent
Most errands require a car
Bike Score®
37 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Fayette Apartments
What is the Cheapest Studio apartment in Fayette?
Currently the most affordable Cheap Studio Apartment in Fayette is at Russell Lamson listed at $675.
How much is rent for a Cheap One Bedroom Fayette Apartment?
The lowest price for a Cheap One Bedroom Fayette Apartment is $725 at Le Chateau.
What is the lowest price for a Cheap Two Bedroom Fayette Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Fayette is starting from $700 at The Meadows Apartments.
What is the most affordable Fayette Three Bedroom Apartment?
The best deal on a cheap Fayette Three Bedroom Apartment rental is at The Meadows Apartments and starts from $750.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.