Cheap Homes for Rent in Fairmount Neighborhood of Newark, NJ from $1,500 (11 Rentals)

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

property at 405 S 12th St

$1,800

Total Monthly Price

Total Monthly Price

Base Rent
$1,800

Total Monthly Price
$1,800

2 Bedroom, 1 Bath Home for Rent

Available Now

405 S 12th St, Unit 1

405 S 12th St
NewarkNJ07103

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

$2,000

Total Monthly Price

Total Monthly Price

Base Rent
$2,000

Total Monthly Price
$2,000

2 Bedroom, 1 Bath Home for Rent

Available Now

431 S 18th St

NewarkNJ07103
property at 320 S Orange Ave

$2,050

Total Monthly Price

Total Monthly Price

Base Rent
$2,050

Total Monthly Price
$2,050

4 Bedroom, 2 Bath Home for Rent

Available Now

320 S Orange Ave, Unit BS

320 S Orange Ave
NewarkNJ07107

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

property at 292 S 8th St

$2,100

Total Monthly Price

Total Monthly Price

Base Rent
$2,100

Total Monthly Price
$2,100

3 Bedroom, 1 Bath Home for Rent

Available Now

292 S 8th St, Unit 1

292 S 8th St
NewarkNJ07103

Cheapest Available Fairmount Apartments for Rent

 

The cheapest available apartment rental in the Fairmount area of Newark, NJ is a Studio unit found at Heritage House Senior Apartments 62+ priced from $1,369. The Modern has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,062. Here are the most affordable Fairmount apartments for rent in Newark, NJ:

Apartment ListingModel NameBed/BathPriced From
Heritage House Senior Apartments 62+StudioStudio,1BA$1,369
The Modern1BR Type D1BR,1BA$2,062
Olea by Gomes2BR 1BA2BR,1BA$2,200

Best Value Apartments for Rent in Fairmount, NJ

As of March 17, 2026 the best value apartment in the Fairmount area is the $1.18 price per square foot 408 14th Ave Model at 408 14th Ave, Unit 2 in the in the Lower Clinton Hill neighborhood starting from $2,000. The second greatest value Fairmount apartment is the 534 S 20th St Model at 534 S 20th St, Unit 2 starting at $2,700 with a $1.80 price per square foot in the Lower Clinton Hill 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.
408 14th Ave, Unit 2408 14th Ave3BR,1BA$1.18
534 S 20th St, Unit 2534 S 20th St3BR,1BA$1.80
60 S 12th St, Unit 160 S 12th St3BR,1BA$2.08
356 S 19th St356 S 19th St3BR,1BA$1.79
197 S 11th St, Unit 3197 S 11th St2BR,1BA$1.67
181 Camden St, Unit 2181 Camden St3BR,2BA$2.14
Olea by Gomes2BR 1BA2BR,1BA$2.43
376 S 20th St, Unit 7376 S 20th St2BR,1BA$2.19
123 S Munn Ave123 S Munn Ave1BR,1BA$2.44
273 S Orange Ave273 S Orange AveStudio ,1BA$2.32

Frequently Asked Questions about Fairmount

What type of rentals are currently available in Fairmount?

There are currently 148 Apartments for Rent in Fairmount, NJ with pricing that ranges from $1,300 to $3,500. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Fairmount ranging from $1,599 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 $1,599 to $3,895 with an average monthly rent of $2,500.

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 $2,000 to $3,250, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,100 to $3,500. Four Bedroom Single-Family rentals are also available starting from $2,050 and Four Bedroom Apartments start at $2,550.

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

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.