Cheap Homes for Rent in Fairmount Neighborhood of Newark, NJ from $1,100 (11 Rentals)

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

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 70 S Munn Ave

$1,850

Total Monthly Price

Total Monthly Price

Base Rent
$1,850

Total Monthly Price
$1,850

1 Bedroom, 1 Bath Condo for Rent

Available Now

70 S Munn Ave, Unit 102

70 S Munn Ave
East OrangeNJ07018

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 431 S 18th St

$1,900

Total Monthly Price

Total Monthly Price

Base Rent
$1,900

Total Monthly Price
$1,900

2 Bedroom, 1 Bath Home for Rent

Available Now

431 S 18th St

NewarkNJ07103

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 22, 2026 the best value apartment in the Fairmount area is the $1.20 price per square foot 270 S 20th St Model at 270 S 20th St, Unit #2 in the in the Ward 4 neighborhood starting from $2,525. The second greatest value Fairmount apartment is the 46 1/2 3rd St Model at 46 1/2 3rd St starting at $1,900 with a $0.95 price per square foot in the University Heights 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.
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
489 S 17th St, Unit 2nd FL489 S 17th St4BR,1BA$1.92
377 S 10th St, Unit 3377 S 10th St1BR,1BA$1.40
Fairmount Crossing58.00% AMI2BR,1BA$1.76
The 5402 Bed, 1 Bath2BR,1BA$2.98
The Modern1BR Type A1BR,1BA$2.60
105 Roseville Ave, Unit Apt 3L105 Roseville Ave2BR,1BA$1.87

Frequently Asked Questions about Fairmount

What type of rentals are currently available in Fairmount?

There are currently 140 Apartments for Rent in Fairmount, NJ with pricing that ranges from $684 to $4,500. There are also 46 Single Family Homes for rent, Condos, and Townhome rentals currently available in Fairmount ranging from $1,150 to $3,895.

What is the current price range for Rental Homes in Fairmount?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Fairmount ranges from $1,150 to $3,895 with an average monthly rent of $2,304.

How much are larger Three and Four Bedroom Rentals in Fairmount?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Fairmount range from $949 to $3,150, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,000 to $2,850. Four Bedroom Single-Family rentals are also available starting from $2,800 and Four Bedroom Apartments start at $1,900.

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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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.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

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.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units  article

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.