Cheap Apartments for Rent in Fayette, IA from $500 (38 Rentals)

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Westwood Apartments
2 Bedroom Apartments

Westwood Apartments

3270-3320 W 4th StWaterloo, IA 50701
  • Utilities Included
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Le Chateau
2 Bedroom Apartments

Le Chateau

733-747 Russell RdWaterloo, IA 50701
  • Utilities Included
Showing Results 1-38, 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 2 Beds unit found at PDC Cottages priced from $573. Russell Lamson in the Downtown Waterloo neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $675. Here is today’s list of the most affordable Fayette apartments for rent:

Apartment ListingModel NameBed/BathPriced From
PDC Cottages2 Bedroom 30%2BR,1BA$573
Russell LamsonStudioStudio,1BA$675
Meadow Ridge Apartments1 BR/ 1 BA1BR,1BA$675
The Meadows ApartmentsQuads 2Bd2BR,1BA$700
1106-1110 Kent CircleKent Circle 1 Bed/1 Bath1BR,1BA$750
Union at North Crossing1 Bed 1 Bath1BR,1BA$757
1637 Carriage Hill Dr2 BR/ 1 BA2BR,1BA$775
228 Spaces - Furnished Micro-Living Apartments1st Floor StudioStudio,1BA$795
Brentwood Estates - Furnished & UnfurnishedOne bedroom beautifully updated1BR,1BA$795
Rolling Meadows Apartments1 bedroom/1bath1BR,1BA$800

Best Value Apartments for Rent in Fayette, IA and Nearby

As of April 15, 2025 the best value apartment in the Fayette area is the $0.96 price per square foot Beautiful HUGE 3 Bedroom/2 Bath Apartment in Gr... Model at Pineview Place Apartments in the starting from $1,150. The second greatest value Fayette apartment is the 3 Beds, 3 baths Model at Lawler School Lofts starting at $969 with a $0.81 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.
Pineview Place ApartmentsBeautiful HUGE 3 Bedroom/2 Bath Apartment in Gr...3BR,2BA$0.96
Lawler School Lofts3 Beds, 3 baths3BR,3BA$0.81
West Brook 32BR/2.0BA2BR,2BA$1.10
3714 Ravenwood Cir2 BR/ 2 BA2BR,2BA$1.05
Hawkeye Towers3/2.003BR,2BA$0.50
PDC Cottages2 Bedroom 30%2BR,1BA$0.57
Kinsale CondominiumsTwo Bedroom w/ Garage2BR,1BA$1.00
Le Chateau2BR/1.5BA2BR,1.5BA$0.96
The Meadows ApartmentsMeadows 2Bd2BR,1BA$0.92
1637 Carriage Hill Dr2 BR/ 1 BA2BR,1BA$1.10

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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 $573 at PDC Cottages.

What is the most affordable Fayette Three Bedroom Apartment?

The best deal on a cheap Fayette Three Bedroom Apartment rental is at PDC Cottages and starts from $626.

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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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.