
Cheap Apartments for Rent in the Fairmount Neighborhood of Newark, NJ from $600 (29 Rentals)
Search the lowest-cost Apartments available for rent right now in the Fairmount area of Newark.


488 S 18th St

Total Monthly Price
273 S Orange Ave

120 S 7th St

Total Monthly Price
105 Roseville Ave, Unit Apt 3L

214 Littleton Ave, Unit 3

Total Monthly Price
292 S 7th St, Unit APT2
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.

58 N 5th St

Total Monthly Price
217-219 Fairmount Ave, Unit 3

73-81-81 N 7th St, Unit 305 I 107 I 407

518 S 20th St, Unit 2

Total Monthly Price
181 S 11th St

113 S 11th St

62 N 6th St, Unit 3
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.

Golden Brick

421 Central

117 Hudson St

Georgia King Village

20 Littleton Ave. Affordable Housing for Rent

61 S Munn Ave, Unit 104

Heritage House Senior Apartments 62+
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.

61 S Munn Ave, Unit 207

61 S Munn Ave, Unit 207

56 S Munn Ave, Unit 2B

94 S Munn Ave

Munn Heritage

Ambassador Towers

Robert Towers
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.

24 S Grove Apartments
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 | $1,310 | $1,225 | $1,405 |
| Fairmount 1 Bedroom Apartments | $1,869 | $684 | $2,612 |
| Fairmount 2 Bedroom Apartments | $2,351 | $820 | $4,500 |
| Fairmount 3 Bedroom Apartments | $2,282 | $949 | $3,000 |
| Fairmount 4 Bedroom Apartments | $2,500 | $2,200 | $2,800 |
Browse Apartments in this Neighborhood
There are currently 29 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 1 Bed unit found at Fairmount Crossing priced from $684. Heritage House Senior Apartments 62+ has the second lowest priced unit, which is a Studio apartment currently listed from $1,405. 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 | 1BR,1BA | $684 |
| Heritage House Senior Apartments 62+ | Studio | Studio,1BA | $1,405 |
| The Unity at S Orange Ave | 9 | 1BR,1BA | $2,000 |
| Olea by Gomes | 2BR 1BA | 2BR,1BA | $2,275 |
Best Value Apartments for Rent in Fairmount, NJ
As of July 30, 2026 the best value apartment in the Fairmount area is the $0.91 price per square foot 203 2nd St Model at 203 2nd St, Unit 203 2nd Street, Newark City, NJ 07107 in the in the Lower Broadway neighborhood starting from $2,400. The second greatest value Fairmount apartment is the 270 S 20th St Model at 270 S 20th St, Unit #2 starting at $2,525 with a $1.20 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. |
|---|---|---|---|
| 203 2nd St, Unit 203 2nd Street, Newark City, NJ 07107 | 203 2nd St | 3BR,1BA | $0.91 |
| 270 S 20th St, Unit #2 | 270 S 20th St | 3BR,2BA | $1.20 |
| 408 14th Ave, Unit 2 | 408 14th Ave | 3BR,1BA | $1.18 |
| The Modern | 2BR Type B | 2BR,2BA | $2.46 |
| 7 Roseville Ave, Unit Rosevile | 7 Roseville Ave | 3BR,2BA | $2.40 |
| 292 S 7th St, Unit APT2 | 292 S 7th St | 1BR,1BA | $1.64 |
| Olea by Gomes | 2BR 1BA | 2BR,1BA | $2.92 |
| 267 S 10th St, Unit 1 BR | 267 S 10th St | 1BR,1BA | $2.89 |
| 105 Roseville Ave, Unit Apt 3L | 105 Roseville Ave | 2BR,1BA | $1.87 |
| Fairmount Crossing | 57.98% AMI | 1BR,1BA | $1.99 |
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 $2,275.
What is the price of a cheap apartment in Fairmount?
The cheapest apartment in Fairmount is Fairmount Crossing which is listed at $684, 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 $281 which is $2,219 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

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.