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


801 W 10th St

805 N Washington St
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

309.5 Central Ave

801-B W Riverside Ave

801-D W Riverside Ave
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
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 | $958 | $550 | $1,400 |
| Fairmount 3 Bedroom Homes for Rent | $1,340 | $467 | $2,875 |
| Fairmount 4 Bedroom Homes for Rent | $1,425 | $1,200 | $1,800 |
| Fairmount 5 Bedroom Homes for Rent | $2,000 | $2,000 | $2,000 |
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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 3 Beds unit found at Muncie Varsity House in the Westacres neighborhood priced from $569. Green Town Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. Here is today’s list of the most affordable Fairmount apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Muncie Varsity House | 3 Bed, 3 Bath Plus | 3BR,3BA | $569 |
| Green Town Apartments | One Bd rm | 1BR,1BA | $700 |
| Applegate | One Bed 1 Bath Standard | 1BR,1BA | $830 |
Best Value Apartments for Rent in Fairmount, IN and Nearby
As of July 29, 2026 the best value apartment in the Fairmount area is the $1.12 price per square foot 3x1.5 R Model at Canterbury Townhomes in the in the Westacres neighborhood starting from $1,460. The second greatest value Fairmount apartment is the Two Bedroom Model at Somerset Apartments starting at $913 with a $0.74 price per square foot . 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. |
|---|---|---|---|
| Canterbury Townhomes | 3x1.5 R | 3BR,1.5BA | $1.12 |
| Somerset Apartments | Two Bedroom | 2BR,1.5BA | $0.74 |
| The Latitude Apartments | 3x2 Upgrade | 3BR,2BA | $1.02 |
| Walnut Manor Apartments | WM 3x2 R | 3BR,2BA | $1.22 |
| Delaware Acres | Harborview 66 | 3BR,2BA | $0.99 |
| Silvertree Communities | Linden Place | 3BR,2BA | $0.81 |
| Fox Brook Apartments | 2x1 R | 2BR,1BA | $1.21 |
| Muncie Varsity House | 2 Bed, 2 Bath Renovated | 2BR,2BA | $0.67 |
| Eaton Residence | *Newly Renovated* Premium Style 2-Bedroom Apart... | 2BR,1BA | $1.11 |
| *Newly Renovated* Premium Style 2-4 BD Apartment Home | 2 Beds, 1 bath | 2BR,1BA | $0.94 |
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 ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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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 47 Apartments for Rent in Fairmount, IN with pricing that ranges from $410 to $1,875. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Fairmount ranging from $467 to $2,875.
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 $467 to $2,875 with an average monthly rent of $1,295.
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 $410 to $1,750, while Three Bedroom Homes, Condos, and Townhomes for rent range from $467 to $2,875. Four Bedroom Single-Family rentals are also available starting from $1,200 and Four Bedroom Apartments start at $449.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.