
Cheap 1 Bedroom Apartments for Rent in the Fairmount Neighborhood of Richmond, VA from $770 (115 Rentals)


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Creighton Renaissance Apartments

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The Masonry Apartments

1017 W Leigh St

1019 W Leigh St

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Mortons Apartments

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Hopper Lofts

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1619 N 28th St

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Jefferson Townhouses

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Flats at 25th
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.

927 N 20th St

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The Berkshire

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Linden at Highland Park

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The Hill Building

114 Virginia St

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The Shockoe Collection

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1204 Hull Street- Bean Building

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Towers on Franklin

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The Corner Lofts

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Miller Lofts @ Plant Zero
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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American Heritage Apartments

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Atrium on Broad

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1209 Hull Street- Dogtown

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Van de Vyver

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River Lofts at Tobacco Row

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New Manchester Flats

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The Concord Northside

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The Oliver

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District Square Apartments

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Monroe Park Towers
Explore The River City Like a Local: The Insider's Guide to Renting in Richmond, VA
Thinking of moving to Richmond, VA? Learn why "The River City" is a perfect blend of big-city amenities and small-town charm, offering a low cost of living, minimal traffic, and a rich cultural scene.

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The Mill at Manchester Lofts

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The Biggs Building

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Spur Line Lofts

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T and E Apartments

1007 N 25th St

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Smokehouse Lofts

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The Edison Apartments

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1100-1106 Hull St

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1710 Lofts

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The Attain
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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Marshall Street Apartments

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Railyard Flats

403 Stockton St

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The Mezzo Lofts

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Residences at the John Marshall

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Flats at 14th

1731 E Main St

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The Trail Lofts

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The Locks

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Revival
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
Fairmount, Richmond, VA Local Guide

How much does it cost to rent an apartment in Fairmount?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Fairmount Studio Apartments | $1,329 | $998 | $2,471 |
Fairmount 1 Bedroom Apartments | $1,468 | $770 | $2,765 |
| Fairmount 2 Bedroom Apartments | $1,801 | $899 | $3,895 |
| Fairmount 3 Bedroom Apartments | $2,118 | $759 | $3,551 |
| Fairmount 4 Bedroom Apartments | $1,038 | $689 | $1,620 |
Explore Richmond
Fairmount, Richmond, VA Local Guide
- Nearby Richmond neighborhoods
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10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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.
Read ArticleThe 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.
Read ArticleCash 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.
Read ArticleThe Ultimate Renter's Guide for Finding the Perfect Student Friendly Richmond Neighborhood to Rent
Learn about the best neighborhoods for student renters near Richmond Colleges and Universities by our Local Expert Richard Corrigan
Read ArticleQuick 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.
Pet Friendly LifestyleFairmount, Richmond, VA
Ranked #14
Among cities in Virginia for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Fairmount, Richmond, VA
School data provided by Great Schools
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 $1,000.
What is the price of a cheap apartment in Fairmount?
The cheapest apartment in Fairmount is New Manchester Flats which is listed at $553, while the average apartment in Fairmount costs $2,200.
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 214 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 $493 which is $1,707 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

A Local Experts Guide To the Top Budget-Friendly Neighborhoods to Rent in Richmond, VA
Written by: Richard Corrigan
Richmond is rightly considered one of the best places to live on the East Coast. We love Richmond’s rich history, phenomenal culinary scene, unique art and culture, and its next-level parks and green spaces.

Your Guide to Picking the Perfect Richmond Neighborhood for Student Renters
Written by: Richard Corrigan
Richmond isn't always thought of as a college town, but there are actually several major colleges and universities here. One thing Richmond does get credit for—and rightfully so—is being a very neighborhood-friendly city.

Explore The River City Like a Local: The Insiders Guide to Renting in Richmond, VA
Written by: Richard Corrigan
Welcome to Richmond! For those unfamiliar, it’s Virginia’s state capitol, a city with a long and rich history, and—some might say—Virginia’s biggest small town. There’s a lot to love about living here.
Articles, How-To's, and Tips

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.

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.

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.

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.