Cheap Apartments for Rent in Fairmont City, IL from $500 (41 Rentals)

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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.

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.

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.

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Mansion House 1
Studio to 2 Bedroom Apartments

Mansion House 1

300 N 4th StSt. Louis, MO 63102
Corporate Housing
  • Utilities Included
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Jackson Park Apartments
1 to 2 Bedroom Apartments

Jackson Park Apartments

1220 Warren StSt. Louis, MO 63106
Senior Living
  • Utilities Included
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University Lofts
1 to 2 Bedroom Apartments

University Lofts

1627 Washington AveSt. Louis, MO 63103
  • Utilities Included

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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Publicity Flats
1 Bedroom Apartments

Publicity Flats

1133 Pine StSt. Louis, MO 63101
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Bee Hat Lofts
1 to 2 Bedroom Apartments

Bee Hat Lofts

1021-1025 Washington AveSt. Louis, MO 63101
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The Lofts at OPOP
1 to 3 Bedroom Apartments

The Lofts at OPOP

911 Locust StSt. Louis, MO 63101
Corporate Housing
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The Tower at OPOP
Studio to 2 Bedroom Apartments

The Tower at OPOP

411 N Eighth StSt. Louis, MO 63101
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Leather Trades
1 to 2 Bedroom Apartments

Leather Trades

1600 Locust StSt. Louis, MO 63103
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Marquette Apartments
Studio to 2 Bedroom Apartments

Marquette Apartments

300-314 N BroadwaySt. Louis, MO 63102
  • Utilities Included
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Peper Lofts
1 to 2 Bedroom Apartments

Peper Lofts

701 N 1st StSt. Louis, MO 63102

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

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 ListingModel NameBed/BathPriced From
Collins Terrace Apartments1 Bedroom Large1BR,1BA$613
Downtowner ApartmentsStudioStudio,1BA$775
Parsons Place Apartments1 Bedroom Tax Credit***1BR,1BA$851
The Gentrys Landing ApartmentsStudio UnfurnishedStudio,1BA$855
Cityside ApartmentsDogwood1BR,1BA$905
Preservation Square ApartmentsOne Bedroom1BR,1BA$925
The Ely Walker Lofts1 Bedroom | 1 Bathroom2BR,1BA$950
Park PacificThe ArgonautStudio,1BA$975
Storyboard on PinePine B22BR,2BA$995
Arcade Artist ApartmentsI-ZZ61BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Pointe 400 ApartmentsTwo Bedroom2BR,2BA$0.52
Roberts Galerie Lofts2 Bedroom 2 Bath2BR,2BA$0.80
Denim LoftsB2BR,2BA$1.20
Fashion Square IB22BR,1BA$1.11
Syndicate BuildingStabdard 1BR1BR,1BA$1.11
Storyboard on PinePine B32BR,2BA$1.23
Leather TradesOne Bedroom Loft1BR,1BA$1.28
Bee Hat LoftsA3 - 1 Bed 1 Bath1BR,1BA$1.20
Collins Terrace Apartments2 Bedroom Large2BR,1BA$0.96
Cityside ApartmentsDogwood1BR,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.

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The 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.

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Cash 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.

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Quick 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.

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

Explore Fairmont City, IL Rentals by Map

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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

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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.

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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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!