
Cheap Apartments for Rent in Fairmont City, IL from $500 (41 Rentals)
Search the lowest-cost Apartments available for rent right now in Fairmont City.


The New Broadview

Downtowner Apartments

Roberts Galerie Lofts

Parsons Place Apartments

The Gentrys Landing Apartments

The Paul Brown Loft Apartments

Cityside Apartments
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.

Preservation Square Apartments

The Ely Walker Lofts

Park Pacific

Arcade Artist Apartments

The Crown Downtown

Fashion Square I

Vangard Lofts
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

Front Page Lofts

Gallery 720

The Shelby

11th and Spruce

Ballpark Heights

Six Cord

The Laurel Apartments

Pointe 400 Apartments
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Syndicate Building
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.
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Fairmont City, IL Local Guide

How much does it cost to rent an apartment in Fairmont City?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Fairmont City Studio Apartments | $1,228 | $775 | $1,990 |
| Fairmont City 1 Bedroom Apartments | $1,390 | $629 | $4,909 |
| Fairmont City 2 Bedroom Apartments | $1,786 | $685 | $7,935 |
| Fairmont City 3 Bedroom Apartments | $1,715 | $805 | $5,000 |
Browse Top Apartments in Fairmont City
See all Apartments in Fairmont CityExplore Fairmont City
Fairmont City, IL Local Guide
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Cheapest Available Fairmont City Apartments for Rent and Nearby
 The cheapest available apartment rental in Fairmont City, IL is a 1 Bed unit found at Collins Terrace Apartments in the Lafayette Square neighborhood priced from $613. Downtowner Apartments in the Lafayette Square neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $775. Here is today’s list of the most affordable Fairmont City apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Collins Terrace Apartments | 1 Bedroom Large | 1BR,1BA | $613 |
| Downtowner Apartments | Studio | Studio,1BA | $775 |
| Parsons Place Apartments | 1 Bedroom Tax Credit*** | 1BR,1BA | $851 |
| The Gentrys Landing Apartments | Studio Unfurnished | Studio,1BA | $855 |
| Cityside Apartments | Dogwood | 1BR,1BA | $905 |
| Preservation Square Apartments | One Bedroom | 1BR,1BA | $925 |
| The Ely Walker Lofts | 1 Bedroom | 1 Bathroom | 2BR,1BA | $950 |
| Park Pacific | The Argonaut | Studio,1BA | $975 |
| Storyboard on Pine | Pine B2 | 2BR,2BA | $995 |
| Arcade Artist Apartments | I-ZZ6 | 1BR,1BA | $999 |
Best Value Apartments for Rent in Fairmont City, IL and Nearby
As of January 02, 2026 the best value apartment in the Fairmont City area is the $0.52 price per square foot Two Bedroom Model at Pointe 400 Apartments in the in the Lafayette Square neighborhood starting from $1,481. The second greatest value Fairmont City apartment is the 2 Bedroom 2 Bath Model at Roberts Galerie Lofts starting at $1,500 with a $0.80 price per square foot in the Lafayette Square neighborhood. Here is today’s list of the best values for Fairmont City apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Pointe 400 Apartments | Two Bedroom | 2BR,2BA | $0.52 |
| Roberts Galerie Lofts | 2 Bedroom 2 Bath | 2BR,2BA | $0.80 |
| Denim Lofts | B | 2BR,2BA | $1.20 |
| Fashion Square I | B2 | 2BR,1BA | $1.11 |
| Syndicate Building | Stabdard 1BR | 1BR,1BA | $1.11 |
| Storyboard on Pine | Pine B3 | 2BR,2BA | $1.23 |
| Leather Trades | One Bedroom Loft | 1BR,1BA | $1.28 |
| Bee Hat Lofts | A3 - 1 Bed 1 Bath | 1BR,1BA | $1.20 |
| Collins Terrace Apartments | 2 Bedroom Large | 2BR,1BA | $0.96 |
| Cityside Apartments | Dogwood | 1BR,1BA | $1.33 |
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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Fairmont City, IL Rentals by Map
See the most popular apartments and homes in Fairmont City, IL
Frequently Asked Questions about Cheap Fairmont City Apartments
What is the Cheapest Studio apartment in Fairmont City?
Currently the most affordable Cheap Studio Apartment in Fairmont City is at Downtowner Apartments listed at $775.
How much is rent for a Cheap One Bedroom Fairmont City Apartment?
The lowest price for a Cheap One Bedroom Fairmont City Apartment is $613 at Collins Terrace Apartments.
What is the lowest price for a Cheap Two Bedroom Fairmont City Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Fairmont City is starting from $705 at Collins Terrace Apartments.
What is the most affordable Fairmont City Three Bedroom Apartment?
The best deal on a cheap Fairmont City Three Bedroom Apartment rental is at Collins Terrace Apartments and starts from $775.
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

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
















