Cheap Apartments for Rent in Fayette, NY from $400 (40 Rentals)

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

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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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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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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Parkside Apartments
1 to 3 Bedroom Apartments

Parkside Apartments

311 Washington StNewark, NY 14513
  • Utilities Included
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Parkview Apartments
2 to 3 Bedroom Apartments

Parkview Apartments

310 Washington StNewark, NY 14513
  • Utilities Included
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Sunlight Lane
1 to 2 Bedroom Apartments

Sunlight Lane

3044 Sunlight LnGeneva, NY 14456
  • 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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Gaslight Village
1 to 2 Bedroom Apartments

Gaslight Village

37 Uptown RdIthaca, NY 14850
Corporate Housing

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.

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Fayette, NY Local Guide

Cheapest Available Fayette Apartments for Rent and Nearby

 

The cheapest available apartment rental in Fayette, NY is a 1 Bed unit found at St Marks Terrace Dundee priced from $400. Camelot Square Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $900. Here is today’s list of the most affordable Fayette apartments for rent:

Apartment ListingModel NameBed/BathPriced From
St Marks Terrace Dundee1 bed 1 bath1BR,1BA$400
Camelot Square ApartmentsStudio (Heat, Internet & TV App Incl.)Studio,1BA$900
Reserve Pointe ApartmentsStudio, 1 Bath 432 sq. ft.Studio,1BA$1,175
Sheridan Park and Holiday ManorS1bdrm1BR,1BA$1,200
Northside Apartments2bedroom 1bath2BR,1BA$1,200
Lansing West ApartmentsThe Otisco1BR,1BA$1,329
North Wood ApartmentsThe Spruce1BR,1BA$1,331
The Overlook at West HillTwo Bedroom2BR,1BA$1,353
University Park Apartments near Cornell University1x1 Renovated (P)1BR,1BA$1,400
Lansing Grove Apartments1 Bed - A11BR,1BA$1,495

Best Value Apartments for Rent in Fayette, NY and Nearby

As of May 27, 2026 the best value apartment in the Fayette area is the $1.66 price per square foot Creekwood Townhomes 3BR 2.5 BA Model at Creekwood Townhomes in the in the Victor Farmington neighborhood starting from $2,800. The second greatest value Fayette apartment is the 3 Bedroom Townhome- WAITLIST AD Model at Parkside Townhomes starting at $2,064 with a $1.35 price per square foot in the Victor Farmington neighborhood. Here is today’s list of the best values for Fayette apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Creekwood TownhomesCreekwood Townhomes 3BR 2.5 BA3BR,2.5BA$1.66
Parkside Townhomes3 Bedroom Townhome- WAITLIST AD3BR,2.5BA$1.35
The Links at CenterPointe TownhomesTwo Bedroom 2.5 Bath Townhome - 1,356 sqft2BR,2.5BA$1.64
Triphammer Apartments2 Bedroom2BR,1.5BA$1.77
Gaslight VillageTwo Bedroom2BR,1BA$1.47
The Overlook at West HillThree Bedroom3BR,1.5BA$1.84
Northside Apartments2bedroom 1bath2BR,1BA$1.41
Sheridan Park and Holiday ManorS1bdrm1BR,1BA$1.81
St Marks Terrace Dundee1 bed 1 bath1BR,1BA$0.73
Camelot Square ApartmentsStudio (Heat, Internet & TV App Incl.)Studio ,1BA$1.97

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!

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Frequently Asked Questions about Cheap Fayette Apartments

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

The lowest price for a Cheap One Bedroom Fayette Apartment is $400 at St Marks Terrace Dundee.

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 $1,200 at Northside Apartments.

What is the most affordable Fayette Three Bedroom Apartment?

The best deal on a cheap Fayette Three Bedroom Apartment rental is at The Overlook at West Hill and starts from $1,877.

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 A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

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.

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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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

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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.