Cheap Apartments for Rent in the Fairmount Neighborhood of Newark, NJ from $600 (58 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

close
View Me
273 S Orange Ave
$1,285 - $1,695
Total Monthly Price

Total Monthly Price

Base Rent
$1,285 - $1,695

Total Monthly Price
$1,285 - $1,695
Studio to 2 Bedroom Apartment Available May 1

273 S Orange Ave

273 S Orange AveNewark, NJ 07103
Cost Per Sq.Ft.
  • Smoke Free
property at 120 S 7th St

$1,300 - $2,300

1 To 3 Bedroom Rentals

Available Now

120 S 7th St

NewarkNJ07107

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.

property at 16 N 9th St

$2,000

2 Bedroom, 1 Bath Home for Rent

Available Now

16 N 9th St

NewarkNJ07107
close
View Me
131 S 8th St
$2,000 - $2,250
Total Monthly Price

Total Monthly Price

Base Rent
$2,000 - $2,250

Total Monthly Price
$2,000 - $2,250
3 to 4 Bedroom Apartment Available Now

131 S 8th St

131 S 8th StNewark, NJ 07107

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.

property at 64 S 13th St

$2,200 - $2,799

2 To 3 Bedroom Rentals

Available Now

64 S 13th St

NewarkNJ07107
property at 489 S 17th St

$2,250 - $2,350

3 To 4 Bedroom Rentals

Available Now

489 S 17th St

NewarkNJ07103

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.

close
View Me
Golden Brick
Studio to 2 Bedroom Apartments

Golden Brick

391-401 13th AveNewark, NJ 07103
  • Utilities Included
close
View Me
421 Central
1 Bedroom Apartments

421 Central

421 Central AveNewark, NJ 07107
  • Utilities Included
close
View Me
220 S 12th St
3 Bedroom Apartments

220 S 12th St

220 S 12th StNewark, NJ 07107
  • Smoke Free
close
View Me
Olea by Gomes
2 Bedroom Apartments

Olea by Gomes

162-166 N 5th StNewark, NJ 07107
Corporate Housing

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.

close
View Me
The Unity
2 Bedroom Apartments

The Unity

15 S 13th StNewark, NJ 07107
  • Utilities Included
close
View Me
123 S Munn Ave
$1,850 - $2,500
Total Monthly Price

Total Monthly Price

Base Rent
$1,850 - $2,500

Total Monthly Price
$1,850 - $2,500
1 to 2 Bedroom Apartment Available Now

123 S Munn Ave

123 S Munn AveEast Orange, NJ 07018
  • Smoke Free

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.

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 ListingModel NameBed/BathPriced From
Fairmount Crossing29.98% AMI2BR,1BA$820
Heritage House Senior Apartments 62+StudioStudio,1BA$1,369
The 540Studio1BR,1BA$1,550
The Modern1BR Type A1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
96 S 12th St, Unit 396 S 12th St3BR,2BA$0.62
270 S 20th St, Unit 2270 S 20th St3BR,2BA$1.23
45 Watson Ave, Unit 345 Watson Ave3BR,1BA$1.16
408 14th Ave, Unit 2408 14th Ave3BR,1BA$1.18
153 S Grove St, Unit Grove Street153 S Grove St1BR,1BA$1.50
369 S 19th St, Unit 2369 S 19th St3BR,1BA$1.96
489 S 17th St, Unit 2nd FL489 S 17th St4BR,1BA$1.92
196 2nd St, Unit 2196 2nd St3BR,1BA$2.25
Fairmount Crossing58.00% AMI2BR,1BA$1.76
105 Roseville Ave, Unit Apt 3L105 Roseville Ave2BR,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

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

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.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.