Cheap Apartments for Rent in the Fairmount Neighborhood of Newark, NJ from $600 (27 Rentals)

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

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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421 Central
1 Bedroom Apartments

421 Central

421 Central AveNewark, NJ 07107
  • Utilities Included

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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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
Showing Results 1-27, Page 1 of 1

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 Roseville1 Bed x 1 Bath D-Line1BR,1BA$2,000
The Unity at S Orange Ave61BR,1BA$2,000

Best Value Apartments for Rent in Fairmount, NJ

As of June 15, 2026 the best value apartment in the Fairmount area is the $1.11 price per square foot 221 S 11th St Model at 221 S 11th St in the in the Lower Clinton Hill neighborhood starting from $2,895. 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.
221 S 11th St221 S 11th St4BR,2BA$1.11
270 S 20th St, Unit #2270 S 20th St3BR,2BA$1.20
46 1/2 3rd St46 1/2 3rd St4BR,2BA$0.95
408 14th Ave, Unit 2408 14th Ave3BR,1BA$1.18
197 N 5th St, Unit Apartment 1st Floor197 N 5th St3BR,1BA$1.60
377 S 10th St, Unit 3377 S 10th St1BR,1BA$1.40
Fairmount Crossing58.00% AMI2BR,1BA$1.76
The Modern1BR Type A1BR,1BA$2.60
105 Roseville Ave, Unit Apt 3L105 Roseville Ave2BR,1BA$1.87
273 S Orange Ave, Unit 273D273 S Orange AveStudio ,1BA$1.88

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 $2,000.

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 $2,847.

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 $171 which is $2,676 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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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.