Cheap Apartments for Rent near Fairmount, TN from $849 (29 Rentals)

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Search the lowest-cost Apartments available for rent right now in Fairmount.

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.

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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.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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property at 800 Lullwater Rd

$925 - $1,900

2 To 4 Bedroom Rentals

Available Now

800 Lullwater Rd

ChattanoogaTN37405
property at 400 Gallery Ln

$1,199 - $1,225

2 Bedroom Rentals

Available Now

400 Gallery Ln

ChattanoogaTN37343

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Showing Results 1-29, Page 1 of 1

Fairmount, TN Local Guide

Cheapest Available Fairmount Apartments for Rent and Nearby

 

The cheapest available apartment rental in Fairmount, TN is a 1 Bed unit found at Terra at Ashley in the Mountain Creek neighborhood priced from $849. River City North in the East Chattanooga neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $850. Here is today’s list of the most affordable Fairmount apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Terra at AshleyA11BR,1BA$849
River City North2 Bedroom2BR,2BA$850
The Outpost1BR/1BA1BR,1BA$895
Windsor Village Apartments1BR/1BA1BR,1BA$900
Midtown SquareEStudioStudio,1BA$975
Riverside North1 x 11BR,1BA$1,000
Vandergriff Village1 x 1 R1BR,1BA$1,025
Ascent at Signal Mountain1 bed 1 bath1BR,1BA$1,025
Sunset Rock Apartments1BR/1.0BA1BR,1BA$1,050
Ivy Terrace1 x 1 Leawood1BR,1BA$1,075

Best Value Apartments for Rent in Fairmount, TN and Nearby

As of August 22, 2026 the best value apartment in the Fairmount area is the $1.41 price per square foot Townhouse Model at Mountain Valley Vistas in the in the Mile Straight neighborhood starting from $1,750. The second greatest value Fairmount apartment is the Mckenzie Model at Trails of Signal Mountain starting at $1,295 with a $1.06 price per square foot in the Mountain Creek neighborhood. Here is today’s list of the best values for Fairmount apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Mountain Valley VistasTownhouse3BR,2.5BA$1.41
Trails of Signal MountainMckenzie2BR,1.5BA$1.06
Northshore Flats3 x 2 WD Upg3BR,2BA$1.28
MAA CloverdaleThe Preakness2BR,2BA$1.25
Reserve at Red Bank2 x 2 R2BR,2BA$1.11
River City North2 Bedroom2BR,2BA$0.86
Kate's View2 Bedroom2BR,1BA$1.28
AldenThe Dogwood1BR,1BA$1.46
Terra at AshleyA11BR,1BA$1.21
Riverside North1 x 11BR,1BA$1.47

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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Real 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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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!

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Frequently Asked Questions about Cheap Fairmount Apartments

How much is rent for a Cheap One Bedroom Fairmount Apartment?

The lowest price for a Cheap One Bedroom Fairmount Apartment is $849 at Terra at Ashley.

What is the lowest price for a Cheap Two Bedroom Fairmount Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Fairmount is starting from $850 at River City North.

What is the most affordable Fairmount Three Bedroom Apartment?

The best deal on a cheap Fairmount Three Bedroom Apartment rental is at River City North and starts from $977.

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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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.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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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.

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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.