
Cheap Apartments for Rent in the Fairmount Neighborhood of Newark, NJ from $600 (14 Rentals)
Search the lowest-cost Apartments available for rent right now in the Fairmount area of Newark.


318 Grove St

Golden Brick

421 Central

Georgia King Village

20 Littleton Ave. Affordable Housing for Rent

Ambassador Towers
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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.

Heritage House Senior Apartments 62+

41 Watson Ave

56 S Munn Ave

94 S Munn Ave

Munn Heritage

SECURITY DEPOSIT ONLY $500.00!!

PLA FOUR 24 LLC
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.
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 | $1,478 | $1,369 | $1,675 |
| Fairmount 1 Bedroom Apartments | $1,996 | $1,300 | $2,650 |
| Fairmount 2 Bedroom Apartments | $2,310 | $1,499 | $2,750 |
| Fairmount 3 Bedroom Apartments | $2,455 | $2,000 | $3,250 |
| Fairmount 4 Bedroom Apartments | $2,683 | $2,550 | $2,800 |
Browse Apartments in this Neighborhood
There are currently 14 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 Studio unit found at Heritage House Senior Apartments 62+ priced from $1,369. The Modern has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,062. Here are the most affordable Fairmount apartments for rent in Newark, NJ:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Heritage House Senior Apartments 62+ | Studio | Studio,1BA | $1,369 |
| The Modern | 1BR Type D | 1BR,1BA | $2,062 |
| Olea by Gomes | 2BR 1BA | 2BR,1BA | $2,200 |
Best Value Apartments for Rent in Fairmount, NJ
As of March 16, 2026 the best value apartment in the Fairmount area is the $1.18 price per square foot 408 14th Ave Model at 408 14th Ave, Unit 2 in the in the Lower Clinton Hill neighborhood starting from $2,000. The second greatest value Fairmount apartment is the 534 S 20th St Model at 534 S 20th St, Unit 2 starting at $2,700 with a $1.80 price per square foot in the Lower Clinton Hill 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. |
|---|---|---|---|
| 408 14th Ave, Unit 2 | 408 14th Ave | 3BR,1BA | $1.18 |
| 534 S 20th St, Unit 2 | 534 S 20th St | 3BR,1BA | $1.80 |
| 60 S 12th St, Unit 1 | 60 S 12th St | 3BR,1BA | $2.08 |
| 356 S 19th St | 356 S 19th St | 3BR,1BA | $1.79 |
| 197 S 11th St, Unit 3 | 197 S 11th St | 2BR,1BA | $1.67 |
| 181 Camden St, Unit 2 | 181 Camden St | 3BR,2BA | $2.14 |
| Olea by Gomes | 2BR 1BA | 2BR,1BA | $2.43 |
| 376 S 20th St, Unit 7 | 376 S 20th St | 2BR,1BA | $2.19 |
| 123 S Munn Ave | 123 S Munn Ave | 1BR,1BA | $2.44 |
| 273 S Orange Ave | 273 S Orange Ave | Studio ,1BA | $2.32 |
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 $2,200.
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 $3,500.
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.
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

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.