Cheap Homes for Rent in Fairmount Neighborhood of Newark, NJ from $1,700 (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 473 Grove St

$2,200

Total Monthly Price

Total Monthly Price

Base Rent
$2,200

Total Monthly Price
$2,200

3 Bedroom, 1 Bath Home for Rent

Available Now

473 Grove St, Unit 1, Unit 1

473 Grove St
IrvingtonNJ07111

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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 540Studio1BR,1BA$1,550
The Modern1BR Type A1BR,1BA$2,062

Best Value Apartments for Rent in Fairmount, NJ

As of May 01, 2026 the best value apartment in the Fairmount area is the $0.62 price per square foot 96 S 12th St Model at 96 S 12th St, Unit 3 in the in the Ward 4 neighborhood starting from $2,100. The second greatest value Fairmount apartment is the 270 S 20th St Model at 270 S 20th St, Unit 2 starting at $2,450 with a $1.23 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.
96 S 12th St, Unit 396 S 12th St3BR,2BA$0.62
270 S 20th St, Unit 2270 S 20th St3BR,2BA$1.23
45 Watson Ave, Unit 345 Watson Ave3BR,1BA$1.16
408 14th Ave, Unit 2408 14th Ave3BR,1BA$1.18
153 S Grove St, Unit Grove Street153 S Grove St1BR,1BA$1.50
369 S 19th St, Unit 2369 S 19th St3BR,1BA$1.96
489 S 17th St, Unit 2nd FL489 S 17th St4BR,1BA$1.92
196 2nd St, Unit 2196 2nd St3BR,1BA$2.25
Fairmount Crossing58.00% AMI2BR,1BA$1.76
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 152 Apartments for Rent in Fairmount, NJ with pricing that ranges from $684 to $3,400. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in Fairmount ranging from $1,700 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 $1,700 to $3,895 with an average monthly rent of $2,704.

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 $3,400, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,000 to $3,500. Four Bedroom Single-Family rentals are also available starting from $2,350 and Four Bedroom Apartments start at $2,250.

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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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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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.