Cheap Apartments for Rent in the Fairmount Park Neighborhood of Philadelphia, PA from $300 (131 Rentals)

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

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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Beyond the Cheesesteak: The Ultimate Philadelphia Transplant Guide

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property at 2940 W Thompson St

$1,215 - $1,375

Studio To 1 Bedroom Rentals

Available Now

2940 W Thompson St

PhiladelphiaPA19121

Philadelphia's Best Affordable Neighborhoods

Learn about Philadelphia and the best places to live with original content written by our Local Expert Richard Corrigan

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Fairmount Park, Philadelphia, PA Local Guide

Cheapest Available Fairmount Park Apartments for Rent

 

The cheapest available apartment rental in the Fairmount Park area of Philadelphia, PA is a Studio unit found at Belmont Place priced from $925. Greenbriar Club Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $935. Here are the most affordable Fairmount Park apartments for rent in Philadelphia, PA:

Apartment ListingModel NameBed/BathPriced From
Belmont PlaceStudioStudio,1BA$925
Greenbriar Club Apartmentseff 515Studio,1BA$935
The Brownstones at Diamond StreetThree Bedrooms3BR,1BA$944
Westfield ApartmentsStudio | 1 BathStudio,1BA$999
The Dane ApartmentsA-1Studio,1BA$1,059
The Metropolitan BalaStStudio,1BA$1,095
Poth Brewery LoftsS2Studio,1BA$1,150
The HelstonStudio | 480 sqftStudio,1BA$1,170

Best Value Apartments for Rent in Fairmount Park, PA

As of January 22, 2026 the best value apartment in the Fairmount Park area is the $1.18 price per square foot 721 N 40th St Model at 721 N 40th St, Unit 3 in the in the Belmont neighborhood starting from $2,350. The second greatest value Fairmount Park apartment is the 4046 Ogden St Model at 4046 Ogden St, Unit C starting at $1,475 with a $0.92 price per square foot in the Belmont neighborhood. Here is today’s list of the best values for Fairmount Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
721 N 40th St, Unit 3721 N 40th St3BR,2.5BA$1.18
4046 Ogden St, Unit C4046 Ogden St3BR,1BA$0.92
601 N 39th St, Unit 2601 N 39th St3BR,1BA$1.25
4102 Ogden St, Unit B4102 Ogden St3BR,1BA$1.23
759 N Preston St, Unit a759 N Preston St3BR,1.5BA$1.23
The Brownstones at Diamond StreetTwo Bedrooms2BR,1.5BA$1.17
The Apartments at BrewerytownTwo Bedroom2BR,2BA$1.37
Aspen Village Apartments2 Bed 1 Bath Deluxe2BR,1BA$1.29
Wynnefield Terrace ApartmentsTwo Bedroom2BR,1BA$1.44
1968 N 31st St, Unit 1st floor1968 N 31st St1BR,1BA$1.41

Beyond Campus: Exploring the Best Philadelphia Neighborhoods for College Life

Find your perfect Philly college neighborhood. We break down the best areas for student renters near major universities, from walkable West Philly to the trendy spots in North Philly.

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Unlock Your Philly Commute: Your Guide to Renting Near the City's Biggest Employers

Live like a local! Explore diverse Philly neighborhoods—from trendy Fishtown to historic Cedar Park—with an easy commute to your job. Your expert guide is here.

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Quick Rent Budget Calculator

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Lifestyle Ratings

ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of neighborhoods, cities and towns, and rental properties across Pennsylvania and customized analysis for Philadelphia, Pennsylvania. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including rankings of the best places for outdoor amenities like tennis courts, luxury amenities, transit availability, pet-friendly communities, places to raise kids, and other valuable search options. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Fairmount Park Apartments

What is the Cheapest Studio apartment in Fairmount Park?

Currently the most affordable Cheap Studio Apartment in Fairmount Park is at Belmont Place listed at $925.

How much is rent for a Cheap One Bedroom Fairmount Park Apartment?

The lowest price for a Cheap One Bedroom Fairmount Park Apartment is $1,100 at Belmont Place.

What is the lowest price for a Cheap Two Bedroom Fairmount Park Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Fairmount Park is starting from $1,275 at Wynmawr Court Apartments.

What is the most affordable Fairmount Park Three Bedroom Apartment?

The best deal on a cheap Fairmount Park Three Bedroom Apartment rental is at The Brownstones at Diamond Street and starts from $944.

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.

Helpful Local Expert Guides

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A Local Expert's Guide to the Best Affordable Neighborhoods in Philadelphia

Written by: Richard Corrigan

There’s always been more to Philadelphia than meets the eye. When I first came here, I saw it as a tough, gritty town.

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Unlock Your Philly Commute: Your Guide to Renting Near the Citys Biggest Employers

Written by: Richard Corrigan

Philadelphia is a city of neighborhoods. Those who live here take great pride in our specific corners of the city.

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Beyond the Cheesesteak: The Ultimate Philadelphia Transplant Guide

Written by: Richard Corrigan

Welcome to Philadelphia! It’s the city of brotherly love, cheesesteaks, Ben Franklin and Rocky Balboa. And I don’t think you need me to tell you, it’s also a lot more than that.

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Beyond Campus: Exploring the Best Philadelphia Neighborhoods for College Life

Written by: Richard Corrigan

Philadelphia isn’t necessarily thought of as a college town, but it’s home to some of Pennsylvania’s biggest colleges and universities, and thousands of students call the city home.

Articles, How-To's, and Tips

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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.

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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.

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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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.