
Cheap Homes for Rent in Fayette, MS from $300 (16 Rentals)
Search the lowest-cost Homes available for rent right now in Fayette.


1158 Burt Loop Rd

418 Harmony Rd

211 S Haley St

919 25th St
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.

2830 Little St

4567 Meadowmont Dr

2828 Little St

2858 Fairhill Dr

1852 Covington Ln NE
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.

347 Catalpa Trail SE

576 Lower Woodville Rd

1223 Marydale Dr

3049 Lakewood Dr

1018 Deryll St
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.

723 Glenmont 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 | $940 | $700 | $1,200 |
| Fayette 3 Bedroom Homes for Rent | $1,098 | $595 | $1,400 |
| Fayette 4 Bedroom Homes for Rent | $1,277 | $1,277 | $1,277 |
| Fayette 5 Bedroom Homes for Rent | $1,647 | $1,647 | $1,647 |
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 Bienville Apartments priced from $635. The Apartments at Lake Hill 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 |
|---|---|---|---|
| Bienville Apartments | 1BR/1BA | 1BR,1BA | $635 |
| The Apartments at Lake Hill | One Bed | 1BR,1BA | $650 |
| Briarcliff South | 2x1 | 2BR,1BA | $705 |
| Creekside Apartments | 1 Bedroom | 1BR,1BA | $719 |
| Meadow Creek Apartments | 1/1 | 1BR,1BA | $725 |
Best Value Apartments for Rent in Fayette, MS and Nearby
As of May 04, 2026 the best value apartment in the Fayette area is the $1.17 price per square foot 2x2 Renovated Model at MidSouth 301 in the in the South West neighborhood starting from $1,275. The second greatest value Fayette apartment is the 2 Bedroom, 2 Bath - Building 8 Model at The Landings Apartments starting at $1,139 with a $1.06 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. |
|---|---|---|---|
| MidSouth 301 | 2x2 Renovated | 2BR,2BA | $1.17 |
| The Landings Apartments | 2 Bedroom, 2 Bath - Building 8 | 2BR,2BA | $1.06 |
| Pecan Ridge | B1U | 2BR,1BA | $1.16 |
| Oak Creek Manor | 2 Bedroom 1 Bath | 2BR,1BA | $1.16 |
| Bienville Apartments | 1BR/1BA | 1BR,1BA | $0.85 |
| Camelot Apartments | 1BR/1BA | 1BR,1BA | $1.07 |
| Meadow Creek Apartments | 1/1 | 1BR,1BA | $1.06 |
| The Apartments at Lake Hill | One Bed | 1BR,1BA | $0.96 |
| Briarcliff South | 2x1 | 2BR,1BA | $1.06 |
| The Retreat at Lakeside Apartments | 1 BD 1 BA | 1BR,1BA | $1.20 |
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.
Read Article10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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.
Read ArticleThe 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.
Read ArticleCash 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.
Read ArticleQuick 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.
Best Local Schools in Fayette, MS
Jefferson County Junior High School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Fayette, MS Rentals by Map
See the most popular apartments and homes in Fayette, MS
Frequently Asked Questions about Fayette
What type of rentals are currently available in Fayette?
There are currently 54 Apartments for Rent in Fayette, MS with pricing that ranges from $635 to $2,200. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Fayette ranging from $250 to $1,647.
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 $250 to $1,647 with an average monthly rent of $928.
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 $775 to $1,931, while Three Bedroom Homes, Condos, and Townhomes for rent range from $595 to $1,400. Four Bedroom Single-Family rentals are also available starting from $1,277 and Four Bedroom Apartments start at $995.
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

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.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.