Cheap Apartments for Rent in Fayetteville, IL from $300 (30 Rentals)

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

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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McKay Manor
2 to 3 Bedroom Apartments

McKay Manor

1 McKay Manor DrBreese, IL 62230

Navigating the Rental Market: Tips for First-Time Renters

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Fayetteville, IL Local Guide

Cheapest Available Fayetteville Apartments for Rent and Nearby

 

The cheapest available apartment rental in Fayetteville, IL is a 1 Bed unit found at Cottonwood Village in the Mount Pleasant neighborhood priced from $695. 215 anderson lane A in the Green Mount Manor neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $825. Here is today’s list of the most affordable Fayetteville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Cottonwood Village1 Bed, 1 bath1BR,1BA$695
215 anderson lane A1 BR / 1 BA1BR,1BA$825
Bouse Apartment Homes1 Bedroom 1 Bath1BR,1BA$845
Meadows at Shadow Ridge1BR/1BA1BR,1BA$900
Oaks Of Dutch Hollow1BR/1BA1BR,1BA$905
Shiloh Commons HoldingsA1 1 Bed | 1 Bath1BR,1BA$933
Green Door Apartments“Two Ways to Save—You Choose!” $1,000 Move-In ...1BR,1BA$1,000
Linwood ApartmentsTwo Bed One Bath2BR,1BA$1,000
Storyboard on RockwoodRockwood A11BR,1BA$1,040
Reside Here Apartments & Rentals2BR/1.5BA2BR,1BA$1,250

Best Value Apartments for Rent in Fayetteville, IL and Nearby

As of May 18, 2025 the best value apartment in the Fayetteville area is the $1.15 price per square foot Park Entrance B1 Model at Storyboard on Park Entrance in the in the OFallon neighborhood starting from $1,379. The second greatest value Fayetteville apartment is the Two Bedroom Model at Brookside Manor starting at $1,275 with a $1.13 price per square foot in the OFallon neighborhood. 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.
Storyboard on Park EntrancePark Entrance B12BR,2BA$1.15
Brookside ManorTwo Bedroom2BR,1.5BA$1.13
Reside Here Apartments & Rentals2BR/1.5BA2BR,1.5BA$1.14
Linwood ApartmentsTwo Bed One Bath2BR,1BA$0.91
Winchester Place Apartments2 Bedroom / 2 Bath 1097 sq ft2BR,2BA$1.17
Storyboard on RockwoodRockwood B22BR,1.5BA$1.29
Townhomes on Luan Drive2BR2BR,1.5BA$1.35
215 anderson lane A2 BR / 1 BA2BR,1BA$1.07
Oaks Of Dutch Hollow1BR/1BA1BR,1BA$1.35
Cottonwood Village1 Bed, 1 bath1BR,1BA$1.24

Quick Rent Budget Calculator

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Pet Friendly Lifestyle

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Pet Friendliness Lifestyle Score

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

Explore Fayetteville, IL Rentals by Map

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See the most popular apartments and homes in Fayetteville, IL

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Getting Around Fayetteville, IL

Walk Score®

8 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

25 / 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 Fayetteville Apartments

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

The lowest price for a Cheap One Bedroom Fayetteville Apartment is $695 at Cottonwood Village.

What is the lowest price for a Cheap Two Bedroom Fayetteville Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Fayetteville is starting from $795 at Cottonwood Village.

What is the most affordable Fayetteville Three Bedroom Apartment?

The best deal on a cheap Fayetteville Three Bedroom Apartment rental is at Longacre Apartment Resort and starts from $1,700.

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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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.