
Cheap Homes for Rent in Fayette, MS from $500 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Fayette.


517 N Live Oak St

2742 Itasca Dr

321 Clarice St
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

1822 Covington Ln NE

5168 Lurline Dr

576 Lower Woodville Rd

347 Catalpa Trail SE
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

1038 Maple Dr
Fayette, MS Local Guide

How much does it cost to rent a home in Fayette?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Fayette 2 Bedroom Homes for Rent | $984 | $500 | $2,250 |
Fayette 3 Bedroom Homes for Rent | $1,374 | $750 | $2,550 |
Fayette 4 Bedroom Homes for Rent | $1,550 | $1,300 | $2,000 |
Browse Top Homes for Rent in Fayette
Explore Fayette
Fayette, MS Local Guide
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Cheapest Available Fayette Apartments for Rent and Nearby
 The cheapest available apartment rental in Fayette, MS is a 1 Bed unit found at Covington II priced from $550. Briarcliff South in the South West neighborhood 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 Fayette apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Covington II | 1x1Covington II | 1BR,1BA | $550 |
Briarcliff South | 1x1 | 1BR,1BA | $650 |
Creekside Apartments | 1 Bedroom | 1BR,1BA | $700 |
Best Value Apartments for Rent in Fayette, MS and Nearby
As of June 01, 2025 the best value apartment in the Fayette area is the $1.26 price per square foot 3 Beds, 2 baths Model at Bienville in the starting from $1,390. The second greatest value Fayette apartment is the 2x2 Renovated Model at MidSouth 301 starting at $1,315 with a $1.21 price per square foot in the South West neighborhood. 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. |
---|---|---|---|
Bienville | 3 Beds, 2 baths | 3BR,2BA | $1.26 |
MidSouth 301 | 2x2 Renovated | 2BR,2BA | $1.21 |
The Park at St. Andrews | 3 Bedroom / 2 Bathroom Gold Deluxe | 3BR,2BA | $1.16 |
Oak Creek Apartments | 2 Beds, 1 bath | 2BR,1BA | $1.26 |
Camelot Apartments | 2BR/1BA | 2BR,1BA | $0.91 |
Meadow Creek Apartments | 2/1 | 2BR,1BA | $0.93 |
The Retreat at Lakeside Apartments | 1 BD 1 BA | 1BR,1BA | $1.20 |
Creekside Apartments | 1 Bedroom | 1BR,1BA | $1.17 |
Briarcliff South | 1x1 | 1BR,1BA | $1.17 |
Covington II | 1x1Covington II | 1BR,1BA | $1.11 |
Quick Rent Budget Calculator
How much rent can you afford?
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Frequently Asked Questions about Fayette
What type of rentals are currently available in Fayette?
There are currently 41 Apartments for Rent in Fayette, MS with pricing that ranges from $306 to $3,185. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Fayette ranging from $500 to $2,550.
What is the current price range for Rental Homes in Fayette?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Fayette ranges from $500 to $2,550 with an average monthly rent of $1,114.
How much are larger Three and Four Bedroom Rentals in Fayette?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Fayette range from $740 to $3,185, while Three Bedroom Homes, Condos, and Townhomes for rent range from $750 to $2,550. Four Bedroom Single-Family rentals are also available starting from $1,300 and Four Bedroom Apartments start at $975.
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 Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.