
Cheap Apartments for Rent in the Fairmount Neighborhood of Newark, NJ from $600 (58 Rentals)
Search the lowest-cost Apartments available for rent right now in the Fairmount area of Newark.


Total Monthly Price
273 S Orange Ave

120 S 7th St

Total Monthly Price
105 Roseville Ave, Unit Apt 3L, Unit Apt 3L

157 Fairmount Ave

Total Monthly Price
138 S 10th St, Unit 1, Unit 1

185 S 11th St, Unit 2

The 540

577 13th Ave, Unit 3

249 Littleton Ave
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.

106 S 13th St

226 Fairmount Ave

319 14th Ave

350 13th Ave

16 N 9th St

Total Monthly Price
131 S 8th St

167 S 9th St

60 S 12th St

185 S 11th St

Total Monthly Price
96 S 12th St, Unit 3, Unit 3
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.

5 N 7th St

250 S Orange Ave

40 N 6th St, Unit 1

Total Monthly Price
188 S 10th St

64 S 13th St

501 Central Ave, Unit 2D

501 Central Ave, Unit 2C

139 S 8th St

Total Monthly Price
196 2nd St, Unit 2, Unit 2

489 S 17th St
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.

Total Monthly Price
489 S 17th St, Unit 2nd FL, Unit 2nd FL

549 S Orange Ave

Golden Brick

421 Central

Georgia King Village

20 Littleton Ave. Affordable Housing for Rent

505 S 19th St

220 S 12th St

Olea by Gomes

38 11th Ave W
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.

The Unity

Ambassador Towers

Heritage House Senior Apartments 62+

61 S Munn Ave, Unit 104

41 Watson Ave

56 S Munn Ave

Total Monthly Price
153 S Grove St, Unit Grove Street, Unit Grove Street

Total Monthly Price
123 S Munn Ave

38 S 17th St

408 14th Ave, Unit Unit 2, Unit Unit 2
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.
Fairmount, Newark, NJ Local Guide

How much does it cost to rent an apartment in Fairmount?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Fairmount Studio Apartments | $1,527 | $1,285 | $1,675 |
| Fairmount 1 Bedroom Apartments | $1,774 | $684 | $2,650 |
| Fairmount 2 Bedroom Apartments | $2,286 | $820 | $2,750 |
| Fairmount 3 Bedroom Apartments | $2,287 | $949 | $3,400 |
| Fairmount 4 Bedroom Apartments | $2,561 | $2,250 | $2,995 |
Browse Apartments in this Neighborhood
There are currently 58 rentals with your search options within a 2 mile radius of the Fairmount Neighborhood of Newark, NJ.
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Cheapest Available Fairmount Apartments for Rent
 The cheapest available apartment rental in the Fairmount area of Newark, NJ is a 2 Beds unit found at Fairmount Crossing priced from $820. Heritage House Senior Apartments 62+ has the second lowest priced unit, which is a Studio apartment currently listed from $1,369. Here are the most affordable Fairmount apartments for rent in Newark, NJ:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Fairmount Crossing | 29.98% AMI | 2BR,1BA | $820 |
| Heritage House Senior Apartments 62+ | Studio | Studio,1BA | $1,369 |
| The 540 | Studio | 1BR,1BA | $1,550 |
| The Modern | 1BR Type A | 1BR,1BA | $2,062 |
Best Value Apartments for Rent in Fairmount, NJ
As of May 01, 2026 the best value apartment in the Fairmount area is the $0.62 price per square foot 96 S 12th St Model at 96 S 12th St, Unit 3 in the in the Ward 4 neighborhood starting from $2,100. The second greatest value Fairmount apartment is the 270 S 20th St Model at 270 S 20th St, Unit 2 starting at $2,450 with a $1.23 price per square foot in the Ward 4 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. |
|---|---|---|---|
| 96 S 12th St, Unit 3 | 96 S 12th St | 3BR,2BA | $0.62 |
| 270 S 20th St, Unit 2 | 270 S 20th St | 3BR,2BA | $1.23 |
| 45 Watson Ave, Unit 3 | 45 Watson Ave | 3BR,1BA | $1.16 |
| 408 14th Ave, Unit 2 | 408 14th Ave | 3BR,1BA | $1.18 |
| 153 S Grove St, Unit Grove Street | 153 S Grove St | 1BR,1BA | $1.50 |
| 369 S 19th St, Unit 2 | 369 S 19th St | 3BR,1BA | $1.96 |
| 489 S 17th St, Unit 2nd FL | 489 S 17th St | 4BR,1BA | $1.92 |
| 196 2nd St, Unit 2 | 196 2nd St | 3BR,1BA | $2.25 |
| Fairmount Crossing | 58.00% AMI | 2BR,1BA | $1.76 |
| 105 Roseville Ave, Unit Apt 3L | 105 Roseville Ave | 2BR,1BA | $1.87 |
Frequently Asked Questions about Cheap Fairmount Apartments
What is a cheap apartment in Fairmount?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Fairmount is under $2,062.
What is the price of a cheap apartment in Fairmount?
The cheapest apartment in Fairmount is Heritage House Senior Apartments 62+ which is listed at $1,467, while the average apartment in Fairmount costs $2,500.
What types of apartments are the cheapest in Fairmount?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 2 regular apartments in Fairmount that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Fairmount?
Cheap apartments in Fairmount have an average cost of $114 which is $2,386 cheaper than the average rent for all rentals in Fairmount.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.