Cheap Apartments for Rent in Fayette, IA from $500 (37 Rentals)

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

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Le Chateau
1 to 2 Bedroom Apartments

Le Chateau

733-747 Russell RdWaterloo, IA 50701
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Falls Edge Studios
Studio to 1 Bedroom Apartments

Falls Edge Studios

4711 University AveCedar Falls, IA 50613
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Elmcrest Estates
2 Bedroom Apartments

Elmcrest Estates

1706-1720 Waterloo RdCedar Falls, IA 50613
Showing Results 1-37, 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 $675. Meadow Ridge Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $675. Here is today’s list of the most affordable Fayette apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Russell LamsonStudioStudio,1BA$675
Meadow Ridge Apartments1 BR/ 1 BA1BR,1BA$675
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
Union at North Crossing1 Bed 1 Bath1BR,1BA$757
Park @ Nine23A1gv1BR,1BA$765
1637 Carriage Hill Dr2 BR/ 1 BA2BR,1BA$775
Edgemont Park ApartmentsEdgemont EfficiencyStudio,1BA$795
Brentwood Estates - Furnished & UnfurnishedBrentwood Unfurnished1BR,1BA$795

Best Value Apartments for Rent in Fayette, IA and Nearby

As of February 11, 2025 the best value apartment in the Fayette area is the $1.10 price per square foot 2BR/2.0BA Model at West Brook 3 in the starting from $1,150. The second greatest value Fayette apartment is the 2 BR/ 2 BA Model at 3714 Ravenwood Cir starting at $1,100 with a $1.05 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.
West Brook 32BR/2.0BA2BR,2BA$1.10
3714 Ravenwood Cir2 BR/ 2 BA2BR,2BA$1.05
Hawkeye Towers3/2.003BR,2BA$0.50
Pineview Place ApartmentsPrime Waterloo Living: 2-Bedroom / 1-Bath Apart...2BR,1BA$1.00
Kinsale CondominiumsTwo Bedroom w/ Garage2BR,1BA$1.00
Union at North Crossing2 Bed 2 Bath2BR,2BA$1.13
The Meadows ApartmentsMeadows 2Bd2BR,1BA$0.92
1637 Carriage Hill Dr2 BR/ 1 BA2BR,1BA$1.10
University Manor1 BR/ 1 BA (Feb '25)1BR,1BA$1.16
Meadow Ridge Apartments1 BR/ 1 BA1BR,1BA$1.11

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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 $675.

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

The lowest price for a Cheap One Bedroom Fayette Apartment is $675 at Meadow Ridge Apartments.

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.