Cheap Apartments for Rent in the Fairmount Neighborhood of Newark, NJ from $600 (29 Rentals)

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

property at 488 S 18th St

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

1 Bedroom, 1 Bath Home for Rent

Available Jul 31

488 S 18th St

NewarkNJ07103
property at 120 S 7th St

$1,300 - $2,300

Studio To 3 Bedroom Rentals

Available Now

120 S 7th St

NewarkNJ07107
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292 S 7th St, Unit APT2
$1,550
Total Monthly Price

Total Monthly Price

Base Rent
$1,550

Total Monthly Price
$1,550
1 Bedroom Apartment Available Now

292 S 7th St, Unit APT2

292 S 7th StNewark, NJ 07103
Cost Per Sq.Ft.

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Golden Brick
Studio to 2 Bedroom Apartments

Golden Brick

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

421 Central

421 Central AveNewark, NJ 07107
  • Utilities Included
property at 117 Hudson St

$1,150 - $1,400

Studio Rentals

Available Now

117 Hudson St

NewarkNJ07103

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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94 S Munn Ave
1 Bedroom Apartments

94 S Munn Ave

94 S Munn AveEast Orange, NJ 07018
  • Utilities Included
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Munn Heritage
1 to 3 Bedroom Apartments

Munn Heritage

77 S Munn AveEast Orange, NJ 07018
  • Utilities Included
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Ambassador Towers
1 to 2 Bedroom Apartments

Ambassador Towers

44 S Munn AveEast Orange, NJ 07018
  • Utilities Included
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Robert Towers
Studio to 3 Bedroom Apartments

Robert Towers

60 S Munn AveEast Orange, NJ 07018
  • Utilities Included

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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 ListingModel NameBed/BathPriced From
Fairmount Crossing29.98% AMI1BR,1BA$684
Heritage House Senior Apartments 62+StudioStudio,1BA$1,405
The Unity at S Orange Ave91BR,1BA$2,000
Olea by Gomes2BR 1BA2BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
203 2nd St, Unit 203 2nd Street, Newark City, NJ 07107203 2nd St3BR,1BA$0.91
270 S 20th St, Unit #2270 S 20th St3BR,2BA$1.20
408 14th Ave, Unit 2408 14th Ave3BR,1BA$1.18
The Modern2BR Type B2BR,2BA$2.46
7 Roseville Ave, Unit Rosevile7 Roseville Ave3BR,2BA$2.40
292 S 7th St, Unit APT2292 S 7th St1BR,1BA$1.64
Olea by Gomes2BR 1BA2BR,1BA$2.92
267 S 10th St, Unit 1 BR267 S 10th St1BR,1BA$2.89
105 Roseville Ave, Unit Apt 3L105 Roseville Ave2BR,1BA$1.87
Fairmount Crossing57.98% AMI1BR,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

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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.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

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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

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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.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

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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.