Cheap Apartments for Rent in Fayette, OH from $500 (51 Rentals)

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Clay Meadows
1 to 2 Bedroom Apartments

Clay Meadows

111 Willard CtFayette, OH 43521
  • Utilities Included

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.

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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Waldron Manor
1 to 2 Bedroom Apartments

Waldron Manor

310 S Main StWaldron, MI 49288
  • Utilities Included

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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Lake of the Woods
1 to 3 Bedroom Apartments

Lake of the Woods

6633 W Bancroft StToledo, OH 43615
  • Utilities Included
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York Hills II
1 to 3 Bedroom Apartments

York Hills II

240 Gorham StMorenci, MI 49256
Senior Living
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Glen Arbors
2 to 3 Bedroom Apartments

Glen Arbors

2400 Glen Arbors DrNapoleon, OH 43545
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Paigelynn Place
2 to 4 Bedroom Apartments

Paigelynn Place

102 Paigelynn StSwanton, OH 43558
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Riverview Estates
Studio to 2 Bedroom Apartments

Riverview Estates

1140 E Riverview AveNapoleon, OH 43545
  • Utilities Included
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PineView Apartments
1 to 2 Bedroom Apartments

PineView Apartments

780 Sheffield AveNapoleon, OH 43545
Corporate Housing
  • Utilities Included
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Homestead Apartments
1 to 2 Bedroom Apartments

Homestead Apartments

300 Marlboro CtTecumseh, MI 49286
  • 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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Arlington Place
2 Bedroom Apartments

Arlington Place

530 Degler StDefiance, OH 43512
  • Utilities Included
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12 Cedars
2 Bedroom Apartments

12 Cedars

284 School StBrooklyn, MI 49230
Senior Living

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.

Fayette, OH Local Guide

Cheapest Available Fayette Apartments for Rent and Nearby

 

The cheapest available apartment rental in Fayette, OH is a 2 Beds unit found at Fountain Creek Senior Villas priced from $592. Whitman Crossing in the Lenawee County neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $619. Here is today’s list of the most affordable Fayette apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Fountain Creek Senior Villas2 Beds, 1 bath2BR,1BA$592
Whitman Crossing1 Bedroom Unit1BR,1BA$619
Westbrook ApartmentsOne Bedroom1BR,1BA$650
Fox CreekSTUDIO | 1 BATHStudio,1BA$673
GreenglenStudio ApartmentStudio,1BA$681
York Hills IIYork Hills Apartments - One Bedroom ** FIRST MO...1BR,1BA$750
York Hills ApartmentsYork Hills Apartments - One Bedroom ** FIRST MO...1BR,1BA$750
New England LaneWedgewood - 1BR1BR,1BA$760
Paigelynn Place3 Bedroom3BR,1BA$790
Carriage Park ApartmentsStudio | One BathStudio,1BA$795

Best Value Apartments for Rent in Fayette, OH and Nearby

As of August 07, 2026 the best value apartment in the Fayette area is the $0.81 price per square foot 2 Bedroom Unit Model at Whitman Crossing in the in the Lenawee County neighborhood starting from $955. The second greatest value Fayette apartment is the 3 Bedroom Model at Paigelynn Place starting at $790 with a $0.72 price per square foot in the Fulton County 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.
Whitman Crossing2 Bedroom Unit2BR,1BA$0.81
Paigelynn Place3 Bedroom3BR,1.5BA$0.72
Carr Apartments2 Bedroom-1 bath2BR,1BA$1.25
Fountain Creek Senior Villas2 Beds, 1 bath2BR,1BA$0.64
Country View ApartmentsTwo Bedroom, One Bath2BR,1BA$1.21
Addison Apartments2/12BR,1BA$1.09
207 Water St1 Bed 1 Bath Apt.1BR,1BA$1.24
York Hills ApartmentsYork Hills Apartments - One Bedroom ** FIRST MO...1BR,1BA$1.20
York Hills IIYork Hills Apartments - One Bedroom ** FIRST MO...1BR,1BA$1.20
Westbrook ApartmentsOne Bedroom1BR,1BA$1.12

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

What is the Cheapest Studio apartment in Fayette?

Currently the most affordable Cheap Studio Apartment in Fayette is at Fox Creek listed at $673.

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

The lowest price for a Cheap One Bedroom Fayette Apartment is $619 at Whitman Crossing.

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 $592 at Fountain Creek Senior Villas.

What is the most affordable Fayette Three Bedroom Apartment?

The best deal on a cheap Fayette Three Bedroom Apartment rental is at Paigelynn Place and starts from $790.

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.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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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.