Cheap Apartments for Rent in Fayette, IA from $500 (36 Rentals)

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Explore the Best Cheap Apartments in Fayette for Renters Looking for a Great Deal on Lower Cost Rent for the Area.

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1150 Home Park Blvd
from $7952 Bedroom Apartments

1150 Home Park Blvd

1150 Home Park BlvdWaterloo, IA 50701
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Westwood Apartments
from $8252 Bedroom Apartments

Westwood Apartments

3270-3320 W 4th StWaterloo, IA 50701
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Le Chateau
from $8752 Bedroom Apartments

Le Chateau

733-747 Russell RdWaterloo, IA 50701
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Falls Edge Studios
Rent Specials
from $900Studio to 1 Bedroom Apartments Available Now

Falls Edge Studios

4711 University AveCedar Falls, IA 50613
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Elmcrest Estates
Rent Specials
from $9002 Bedroom Apartments

Elmcrest Estates

1706-1720 Waterloo RdCedar Falls, IA 50613
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Showing Results 1-36, Page 1 of 1

Fayette, IA Local Guide

Cheapest Available Fayette Apartments for Rent and Nearby

 

The cheapest available apartment rental in Fayette, IA is a Studio unit found at Russell Lamson in the Downtown Waterloo neighborhood priced from $645. The Meadows Apartments in the Hickory Hideaway neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $700. Here is today’s list of the most affordable Fayette apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Russell LamsonStudioStudio,1BA$645
The Meadows ApartmentsQuads 2Bd2BR,1BA$700
University Manor1 BR/ 1 BA (Feb '25)1BR,1BA$745
1106-1110 Kent CircleKent Circle 1 Bed/ 1 Bath1BR,1BA$750
228 Spaces - Furnished Micro-Living Apartments2nd Floor StudioStudio,1BA$795
Brentwood Estates - Furnished & UnfurnishedOne bedroom beautifully updated1BR,1BA$795
Edgemont Park Apartments1 Bedroom Efficiency @ Edgemont ParkStudio,1BA$795
Rolling Meadows Apartments- 1 Bedroom/1 Bath Apartment in Excellent Loca...1BR,1BA$845
Union at North Crossing1 Bed 1 Bath1BR,1BA$850
The Preserve at Crossroads2 Bed 2 Bath2BR,2BA$850

Best Value Apartments for Rent in Fayette, IA and Nearby

As of January 05, 2025 the best value apartment in the Fayette area is the $1.23 price per square foot 1st Month Free Model at Riverwalk Residences in the in the Downtown Waterloo neighborhood starting from $1,300. The second greatest value Fayette apartment is the 2BR/2.0BA Model at West Brook 3 starting at $1,150 with a $1.10 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.
Riverwalk Residences1st Month Free2BR,2BA$1.23
West Brook 32BR/2.0BA2BR,2BA$1.10
3714 Ravenwood Cir2 BR/ 2 BA2BR,2BA$1.05
The Preserve at Crossroads2 Bed 2 Bath2BR,2BA$0.82
Hawkeye Towers3/2.003BR,2BA$0.50
Pineview Place Apartments2 Bedroom/1 Bath2BR,1BA$1.00
Kinsale CondominiumsTwo Bedroom w/ Garage2BR,1BA$1.00
The Meadows ApartmentsMeadows 2Bd2BR,1BA$0.92
Union at North Crossing1 Bed 1 Bath1BR,1BA$1.23
University Manor1 BR/ 1 BA (Feb '25)1BR,1BA$1.16

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Getting Around Fayette, IA

Walk Score®

26 / 100

Car-Dependent

Most errands require a car

Bike Score®

37 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 Russell Lamson listed at $645.

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

The lowest price for a Cheap One Bedroom Fayette Apartment is $745 at University Manor.

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 $700 at The Meadows Apartments.

What is the most affordable Fayette Three Bedroom Apartment?

The best deal on a cheap Fayette Three Bedroom Apartment rental is at The Meadows Apartments and starts from $750.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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Navigating the World of Low-Income Housing: A Comprehensive Guide

Written by: Kevin Ready

Are you having difficulty keeping up with bills or paying the rent? If so, you are not alone. Many families struggle to keep up with rents that have increased up to 40% in the past decade.

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Signing Your Apartment Lease: The Basics

Written by: Trey Huguley

When you're about to sign a lease for the first time, it can feel a bit overwhelming. You don’t want to miss any important details hidden in the fine print.

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Real Estate Term Glossary: Your Guide to The A to Zs of Renting

Written by: Kevin Ready

Navigating the world of real estate can reveal an abundance of terminology and phrasing around the topics of renting and buying that for some may seem like a brand-new language.