Cheap Homes for Rent in Fayetteville, TN from $700 (8 Rentals)

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Search the lowest-cost Homes available for rent right now in Fayetteville.

property at 180 Prospect Rd

$850

Total Monthly Price

Total Monthly Price

Base Rent
$850

Total Monthly Price
$850

2 Bedroom, 1 Bath Home for Rent

Available Now

180 Prospect Rd

FayettevilleTN37334

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.

property at 269 Prospect Rd

$900

Total Monthly Price

Total Monthly Price

Base Rent
$900

Total Monthly Price
$900

2 Bedroom, 1 Bath Home for Rent

Available Now

269 Prospect Rd

FayettevilleTN37334

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.

Fayetteville, TN Local Guide

Cheapest Available Fayetteville Apartments for Rent and Nearby

 

The cheapest available apartment rental in Fayetteville, TN is a 1 Bed unit found at Pinehurst Apartments in the University Research Park neighborhood priced from $699. Creekside has the second lowest priced unit, which is a 1 Bed apartment currently listed from $751. Here is today’s list of the most affordable Fayetteville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Pinehurst Apartments1 Bed 1 Bath1BR,1BA$699
Creekside1 Bedroom1BR,1BA$751
Oak Park Apartments1 Bedroom1BR,1BA$825

Best Value Apartments for Rent in Fayetteville, TN and Nearby

As of July 04, 2026 the best value apartment in the Fayetteville area is the $0.92 price per square foot Copeland Model at Holly Anne in the in the Hazel Green neighborhood starting from $1,649. The second greatest value Fayetteville apartment is the 3 Bed, 2 Bath Large 1,450 SF Model at Saddle Wood Apartments starting at $1,350 with a $0.93 price per square foot . Here is today’s list of the best values for Fayetteville apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Holly AnneCopeland4BR,2BA$0.92
Saddle Wood Apartments3 Bed, 2 Bath Large 1,450 SF3BR,2BA$0.93
Dunwoody PlaceThree Bedrooms3BR,2BA$0.96
Sterling Greene3 Bedroom Unit3BR,2BA$0.84
Park Trail Apartments2 Bedroom2BR,2BA$1.06
Imperial GardensTwo Bedroom2BR,2BA$0.95
Magnolia Village Apartments2 Bedroom, 1 Bath2BR,1BA$1.04
Davis Estates ApartmentsTwo Bedroom2BR,1BA$1.01
Creekside1 Bedroom1BR,1BA$1.00
Pinehurst Apartments1 Bed 1 Bath1BR,1BA$1.06

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 Fayetteville

What type of rentals are currently available in Fayetteville?

There are currently 62 Apartments for Rent in Fayetteville, TN with pricing that ranges from $699 to $2,950. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Fayetteville ranging from $795 to $2,750.

What is the current price range for Rental Homes in Fayetteville?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Fayetteville ranges from $795 to $2,750 with an average monthly rent of $1,588.

How much are larger Three and Four Bedroom Rentals in Fayetteville?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Fayetteville range from $899 to $2,950, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,350 to $1,995. Four Bedroom Single-Family rentals are also available starting from $1,649 and Four Bedroom Apartments start at $983.

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 Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

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.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.