Cheap Homes for Rent in Fayette, OH from $700 (13 Rentals)

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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.

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 1 Bed unit found at Westbrook Apartments in the North Toledo neighborhood priced from $650. Lake of the Woods in the North Toledo neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $729. Here is today’s list of the most affordable Fayette apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Westbrook ApartmentsOne Bedroom1BR,1BA$650
Lake of the WoodsThe Barkley1BR,1BA$729
New England LaneWedgewood - 1BR1BR,1BA$760
Fox CreekSTUDIO | 1 BATHStudio,1BA$773
York Hills IIYork Hills Apartments - One Bedroom ** FIRST MO...1BR,1BA$775

Best Value Apartments for Rent in Fayette, OH and Nearby

As of April 16, 2026 the best value apartment in the Fayette area is the $1.26 price per square foot Two Bedroom Two Bath Model at Steedman Apartments in the starting from $1,199. The second greatest value Fayette apartment is the 1 Bedroom Unit Model at Whitman Crossing starting at $935 with a $1.02 price per square foot . 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.
Steedman ApartmentsTwo Bedroom Two Bath2BR,2BA$1.26
Whitman Crossing1 Bedroom Unit1BR,1BA$1.02
Country View ApartmentsTwo Bedroom, One Bath2BR,1BA$1.21
207 Water St2 Bed 1 Bath Apt.2BR,1BA$1.29
York Hills IIYork Hills Apartments - Three Bedroom **FIRST M...3BR,1BA$1.30
York Hills ApartmentsYork Hills Apartments - Three Bedroom **FIRST M...3BR,1BA$1.30
Woodbury Estates ApartmentsOne Bedroom1BR,1BA$1.25
Lake of the WoodsThe Barkley1BR,1BA$1.01
New England LaneWedgewood - 1BR1BR,1BA$1.31
Westbrook ApartmentsOne Bedroom1BR,1BA$1.12

10 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.

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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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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.

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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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Quick 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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Fayette

What type of rentals are currently available in Fayette?

There are currently 52 Apartments for Rent in Fayette, OH with pricing that ranges from $650 to $2,597. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Fayette ranging from $745 to $3,745.

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 $745 to $3,745 with an average monthly rent of $1,839.

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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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.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.