Cheap Apartments for Rent in the Fairmount Neighborhood of Philadelphia, PA from $500 (213 Rentals)

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

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.

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The View at Montgomery
Rent Specials
$799 - $2,099
Total Monthly Price

Total Monthly Price

Base Rent
$799 - $2,099
Total Monthly Price
$799 - $2,099
Studio to 4 Bedroom Apartments Available Aug 20

The View at Montgomery

1100 W Montgomery AvePhiladelphia, PA 19122
Student Housing
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  • Customer Reviewed
  • Utilities Included
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905 Arch St
$950 - $2,450
Total Monthly Price

Total Monthly Price

Base Rent
$950 - $2,450
Total Monthly Price
$950 - $2,450
Studio to 4 Bedroom Apartment Available Now

905 Arch St

905 Arch StPhiladelphia, PA 19107
Affordability
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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.

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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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property at 1521 N 17th St

$1,200 - $1,600

2 To 4 Bedroom Rentals

Available Now

1521 N 17th St

PhiladelphiaPA19121
property at 1626 N 17th St

$1,215

1 Bedroom Rentals

Available Now

1626 N 17th St

PhiladelphiaPA19121
property at 1346 N 27th St

$1,250

1 Bedroom Rentals

Available Now

1346 N 27th St

PhiladelphiaPA19121

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.

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2118 W Oxford St, Unit 1
$1,300
Total Monthly Price

Total Monthly Price

Base Rent
$1,300
Total Monthly Price
$1,300
1 Bedroom Apartment Available Jun 10

2118 W Oxford St, Unit 1

2118 W Oxford StPhiladelphia, PA 19121
Affordability

Beyond the Cheesesteak: The Ultimate Philadelphia Transplant Guide

Get the true Philly experience! The Philadelphia Insider's Guide to the city's distinct neighborhoods (Fishtown, Queen Village, Society Hill) and must-see local attractions from ApartmentHomeLiving.com.

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Fairmount, Philadelphia, PA Local Guide

Cheapest Available Fairmount Apartments for Rent

 

The cheapest available apartment rental in the Fairmount area of Philadelphia, PA is a 3 Beds unit found at 1515 N. 16th priced from $750. The Antoinette has the second lowest priced unit, which is a Studio apartment currently listed from $750. Here are the most affordable Fairmount apartments for rent in Philadelphia, PA:

Apartment ListingModel NameBed/BathPriced From
1515 N. 16th3BR/3.0BA3BR,3BA$750
The AntoinetteStudio - ClassicStudio,1BA$750
Sharswood Townhouses III2 Bedroom2BR,1BA$865
Sharswood Townhouses II2 Bedroom2BR,1BA$890
The Greenery Apartments2 Bedrooms, 2 Bathrooms2BR,2BA$950
Apartments @ 1220StudioStudio,1BA$975
1421-1435 Cambridge St2 Beds, 2 Baths2BR,2BA$1,111

Best Value Apartments for Rent in Fairmount, PA

As of June 08, 2026 the best value apartment in the Fairmount area is the $1.38 price per square foot 2 Bedroom Model at The Lofts at Brewerytown in the in the Belmont neighborhood starting from $1,800. The second greatest value Fairmount apartment is the 205 N 11th St Model at 205 N 11th St, Unit 4F starting at $1,950 with a $1.50 price per square foot in the Poplar 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.
The Lofts at Brewerytown2 Bedroom2BR,2BA$1.38
205 N 11th St, Unit 4F205 N 11th St1BR,2BA$1.50
Sharswood CrossingThree Bedroom3BR,2BA$1.34
Skyline Apartments2 Bedrooms, 1 Bathroom2BR,1BA$0.67
The Greenery Apartments1 Bedroom, 1 Bathroom1BR,1BA$1.29
Sharswood Townhouses II2 Bedroom2BR,1BA$0.81
Sharswood Townhouses III2 Bedroom2BR,1BA$0.80
1701 Master St1701 Master St2BR,1BA$1.56
Girard Court Apartments1bd1b1BR,1BA$1.55
1819 W Oxford St, Unit Unit 11819 W Oxford St1BR,1BA$1.36

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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick Rent Budget Calculator

How much rent can you afford?

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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Pet Friendly Lifestyle
Fairmount, Philadelphia, PA

Ranked #22

Among cities in Pennsylvania for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

This website compiles millions of data points to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in cities and towns across the United States, including Philadelphia. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including searching for the best amenities, and proximity to parks, kid and pet-friendly communities, availability of transit options, walking, and biking. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

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 $1,111.

What is the price of a cheap apartment in Fairmount?

The cheapest apartment in Fairmount is The Antoinette which is listed at $795, while the average apartment in Fairmount costs $4,500.

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 329 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 $708 which is $3,792 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.

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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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.

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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.