
Cheap Homes for Rent in Fairmount, IN from $400 (4 Rentals)
Search the lowest-cost Homes available for rent right now in Fairmount.


1211 W Spencer Ave
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.

173 E Wilson Dr

1710 S Walnut St
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.
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 | $1,251 | $850 | $1,750 |
Fairmount 3 Bedroom Homes for Rent | $1,653 | $850 | $2,515 |
Fairmount 4 Bedroom Homes for Rent | $1,500 | $1,500 | $1,500 |
Browse Top Homes for Rent in Fairmount
Explore Fairmount
Fairmount, IN Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Best Value Apartments for Rent in Fairmount, IN and Nearby
As of August 19, 2025 the best value apartment in the Fairmount area is the $0.62 price per square foot 2BD/2BA Furnished Premium Model at University Village in the in the Westacres neighborhood starting from $809. The second greatest value Fairmount apartment is the 3x1.5 R Model at Canterbury Townhomes starting at $1,438 with a $1.11 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. |
---|---|---|---|
University Village | 2BD/2BA Furnished Premium | 2BR,2BA | $0.62 |
Canterbury Townhomes | 3x1.5 R | 3BR,1.5BA | $1.11 |
Thomas Jefferson Park | 2 Bedroom | 2BR,1.5BA | $0.77 |
Delaware Acres | 3 Beds, 2 baths | 3BR,2BA | $1.02 |
55+ Historic Gallatin Square Senior | Two Bedroom | 2BR,1BA | $0.86 |
The Latitude | 2 Bed 2 Bath Apartment - Premium | 2BR,2BA | $1.09 |
Yugo Muncie Varsity House | 2 Bed, 2 Bath Renovated | 2BR,2BA | $0.89 |
Silvertree Communities | Silvertree 2bd | 2BR,1BA | $0.72 |
Somerset Apartments | One Bedroom | 1BR,1BA | $0.98 |
116 S Walnut St, Unit 116 | 116 S Walnut St | 1BR,1BA | $0.79 |
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Fairmount, IN Rentals by Map
See the most popular apartments and homes in Fairmount, IN
Frequently Asked Questions about Fairmount
What type of rentals are currently available in Fairmount?
There are currently 43 Apartments for Rent in Fairmount, IN with pricing that ranges from $350 to $2,515. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Fairmount ranging from $499 to $2,515.
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 $499 to $2,515 with an average monthly rent of $1,253.
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 $2,515, while Three Bedroom Homes, Condos, and Townhomes for rent range from $850 to $2,515. Four Bedroom Single-Family rentals are also available starting from $1,500 and Four Bedroom Apartments start at $350.
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.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.