
Cheap Homes for Rent in Fairmount, IN from $400 (6 Rentals)
Search the lowest-cost Homes available for rent right now in Fairmount.


1003 W Kickapoo St

278 W 375 N
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.

1820 S M St

307 E Haines Dr

9901 IN-3
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.
Fairmount, IN Local Guide

How much does it cost to rent a home in Fairmount?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Fairmount 2 Bedroom Homes for Rent | $1,135 | $650 | $1,450 |
| Fairmount 3 Bedroom Homes for Rent | $2,125 | $425 | $10,000+ |
| Fairmount 4 Bedroom Homes for Rent | $1,779 | $1,300 | $2,500 |
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Fairmount, IN Local Guide
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Cheapest Available Fairmount Apartments for Rent and Nearby
 The cheapest available apartment rental in Fairmount, IN is a 1 Bed unit found at Senior Living 55+ - Historic Gallatin Square priced from $379. The Haven in the Westacres neighborhood has the second lowest priced unit, which is a 4 Beds apartment currently listed from $540. Here is today’s list of the most affordable Fairmount apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Senior Living 55+ - Historic Gallatin Square | One Bedroom | 1BR,1BA | $379 |
| The Haven | 4x4 | 4BR,4BA | $540 |
| Welcome to Beckford Place | Studio | Studio,1BA | $550 |
Best Value Apartments for Rent in Fairmount, IN and Nearby
As of January 24, 2026 the best value apartment in the Fairmount area is the $0.59 price per square foot Townhouse Model at Come home to Highland North Townhomes! in the starting from $1,150. The second greatest value Fairmount apartment is the 2BD/2BA Furnished Premium Model at University Village starting at $809 with a $0.62 price per square foot in the Westacres neighborhood. Here is today’s list of the best values for Fairmount apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Come home to Highland North Townhomes! | Townhouse | 2BR,1.5BA | $0.59 |
| University Village | 2BD/2BA Furnished Premium | 2BR,2BA | $0.62 |
| Thomas Jefferson Park | 2 Bedroom | 2BR,1.5BA | $0.77 |
| Delaware Acres | Intuition | 3BR,2BA | $1.02 |
| Senior Living 55+ - Historic Gallatin Square | Two Bedroom | 2BR,1BA | $0.77 |
| Silvertree Communities | Everbrook Townhomes | 2BR,1.5BA | $0.70 |
| Yugo Muncie Varsity House | 2 Bed, 2 Bath Renovated | 2BR,2BA | $0.90 |
| Come home to Granton Place today! | 1 bedroom | 1BR,1BA | $0.98 |
| 223 E Second St, Unit Apt3 | 223 E Second St | 2BR,1BA | $0.97 |
| Somerset Apartments | One Bedroom | 1BR,1BA | $0.98 |
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
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Fairmount
What type of rentals are currently available in Fairmount?
There are currently 45 Apartments for Rent in Fairmount, IN with pricing that ranges from $350 to $1,871. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Fairmount ranging from $425 to $17,900.
What is the current price range for Rental Homes in Fairmount?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Fairmount ranges from $425 to $17,900 with an average monthly rent of $1,679.
How much are larger Three and Four Bedroom Rentals in Fairmount?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Fairmount range from $350 to $1,750, while Three Bedroom Homes, Condos, and Townhomes for rent range from $425 to $17,900. Four Bedroom Single-Family rentals are also available starting from $1,300 and Four Bedroom Apartments start at $350.
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

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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.