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$700 - $750
Total Monthly Price12 Month Lease Term
1 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$700 - $750
Total Monthly Price
$700 - $750
1527 Mechanicsville Tpke
1527 Mechanicsville TpkeRichmond, VA 23223
Cheap Apartments for Rent in the Fairmount Neighborhood of Richmond, VA from $500 (265 Rentals)
Search the lowest-cost Apartments available for rent right now in the Fairmount area of Richmond.
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$887
Total Monthly Price
1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$825
Required Monthly Fees
$62
Total Monthly Price
$887
1204 N 20th St, Unit Apt 2
1204 N 20th StRichmond, VA 23223
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$887
Total Monthly Price
1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$825
Required Monthly Fees
$62
Total Monthly Price
$887
1204 N 20th St, Unit Apt 1
1204 N 20th StRichmond, VA 23223
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$908 - $2,506
Total Monthly Price
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$838 - $2,436
Required Monthly Fees
$70
Total Monthly Price
$908 - $2,506
American Tobacco Collection
119-121 N 20th StRichmond, VA 23223
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$926 - $2,335
Total Monthly Price12 Month Lease Term
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$926 - $2,335
Total Monthly Price
$926 - $2,335
Creighton Renaissance Apartments
3100 Purcell StRichmond, VA 23223
923 N 20th St
RichmondVA23223
1208 Hull St, Unit 3, Unit 3
1208 Hull St
RichmondVA23224
1017 W Leigh St
RichmondVA23220
1019 W Leigh St
RichmondVA23220
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$995 - $1,795
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowThe Hill Building
114 Virginia StRichmond, VA 23219
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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$9951 Bedroom Apartments Available Aug 15
1814 Williamsburg Rd, Unit 10
1814 Williamsburg RdRichmond, VA 23231
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$998 - $1,489
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowVan de Vyver
713 N 1st StRichmond, VA 23219
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$999 - $2,300
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowNew Manchester Flats
715 E 4th StRichmond, VA 23224
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$1,007
Total Monthly Price
2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$945
Required Monthly Fees
$62
Total Monthly Price
$1,007
2016 Fairmount Ave, Unit Apt 2
2016 Fairmount AveRichmond, VA 23223
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$1,016 - $2,090
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Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$925 - $1,999
Required Monthly Fees
Varies
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Varies
The Masonry Apartments
2001 E Franklin StRichmond, VA 23223
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$1,025 - $1,550
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available Jun 8Flats at 25th
2400 Fairmount AveRichmond, VA 23223
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Rent Specials
$1,035 - $2,199
Total Monthly Price12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$900 - $2,064
Required Monthly Fees
$135
Total Monthly Price
$1,035 - $2,199
Towers on Franklin
104 W Franklin StRichmond, VA 23220
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$1,037 - $1,986
Plus Fees12 Month Lease Term
1 to 3 Bedroom Apartments Available NowGreen Park Apartments
2921 Woodcliff AveRichmond, VA 23222
927 N 20th St
RichmondVA23223
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$1,061 - $2,875
Plus Fees
1 to 3 Bedroom Apartments Available NowThe Berkshire
300 W Franklin StRichmond, VA 23220
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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$1,062 - $2,438
Plus Fees
Studio to 3 Bedroom Apartments Available NowThe Attain
1903 E Marshall StRichmond, VA 23223
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Rent Specials
$1,075 - $1,749
Plus Fees12 Month Lease Term
1 to 3 Bedroom Apartments Available NowLinden at Highland Park
3462 Howard RdRichmond, VA 23223
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Rent Specials
$1,080 - $1,131
Plus Fees12 Month Lease Term
Studio Apartments Available NowFlats at 14th
10 S 14th StRichmond, VA 23219
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$1,080
Total Monthly Price
2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,080
Total Monthly Price
$1,080
Townsend Square
2153 Cool LnRichmond, VA 23223
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$1,087 - $2,517
Plus Fees
Studio to 2 Bedroom Apartments Available NowResidences at the John Marshall
101 N 5th StRichmond, VA 23219
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$1,0951 Bedroom Apartments Available Aug 10
421 W Grace St, Unit 203
421 W Grace StRichmond, VA 23220
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Rent Specials
$1,099 - $2,721
Plus Fees
Studio to 2 Bedroom Apartments Available NowCentennial Terrace
507 E Main StRichmond, VA 23219
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$1,105 - $2,750
Plus Fees
1 to 3 Bedroom Apartments Available NowRiver Lofts at Tobacco Row
2 S 25th StRichmond, VA 23223
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Rent Specials
$1,109 - $1,900
Plus Fees12 Month Lease Term
2 to 3 Bedroom Apartments Available NowGlenwood Ridge Apartments
3801 Glenwood AveRichmond, VA 23223
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Rent Specials
$1,120 - $3,225
Plus Fees
Studio to 3 Bedroom Apartments Available NowThe Mezzo Lofts
17 W Broad StRichmond, VA 23220
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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$1,122 - $1,645
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available Jun 17District Square Apartments
111-117 W Marshall StRichmond, VA 23220
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$1,125 - $1,620
Plus Fees12 Month Lease Term
1 to 4 Bedroom Apartments Available NowJefferson Townhouses
1951 Venable StRichmond, VA 23223
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Rent Specials
$1,130 - $1,429
Plus Fees
Studio to 1 Bedroom Apartments Available May 20The Corner Lofts
1323 1/2 E Main StRichmond, VA 23219
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$1,130 - $1,180
Plus Fees
2 Bedroom Apartments Contact Us For Availability2400 Barton Ave
2400 Barton AveRichmond, VA 23222
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$1,131 - $1,346
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowMiller Lofts @ Plant Zero
500 Stockton StRichmond, VA 23224
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$1,135 - $1,562
Plus Fees12 Month Lease Term
1 to 3 Bedroom Apartments Available NowThe Foundry Apartments
946 Sledd StRichmond, VA 23220
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$1,149 - $1,539
Plus Fees
1 Bedroom Apartments Available NowAtrium on Broad Apartments
115 E Broad StRichmond, VA 23219
2420 Barton Ave
RichmondVA23222
2416 Barton Ave
RichmondVA23222
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$1,164 - $1,575
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowMonroe Park Towers Apartments
520 W Franklin StRichmond, VA 23220
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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$1,169 - $1,599
Plus Fees
1 to 2 Bedroom Apartments Available Now1100 Hull Street Apartments
1100-1106 Hull StRichmond, VA 23224
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Rent Specials
$1,175 - $3,462
Plus Fees
Studio to 3 Bedroom Apartments Available NowSpectrum Apartments
2017 Brook RdRichmond, VA 23220
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$1,177
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available NowThe Concord Northside
710 W Fells StRichmond, VA 23222
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$1,177
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available Jun 17The Oliver
908 Oliver Hill WayRichmond, VA 23219
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$1,179 - $2,024
Plus Fees
Studio to 2 Bedroom Apartments Available NowThe Biggs Building
900 W Marshall StRichmond, VA 23220
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$1,180 - $2,190
Plus Fees12 Month Lease Term
Studio to 3 Bedroom Apartments Available Jul 4Grace & Monroe Apartments
401 W Grace StRichmond, VA 23220
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Rent Specials
$1,180 - $1,230
Plus Fees
2 Bedroom Apartments Contact Us For Availability1901-1915 Whitcomb
1901 Whitcomb StRichmond, VA 23223
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$1,192 - $1,723
Plus Fees
1 to 2 Bedroom Apartments Available NowSouth Bank
307 Stockton StRichmond, VA 23224
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$1,195 - $2,100
Plus Fees12 Month Lease Term
1 to 3 Bedroom Apartments Available NowPark Northside Apartments
1603 Roane StRichmond, VA 23222
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$1,195 - $1,895
Total Monthly Price12 Month Lease Term
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,195 - $1,895
Total Monthly Price
$1,195 - $1,895
Smokehouse Lofts
110-114 S 15th StRichmond, VA 23219
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.
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 | $1,385 | $995 | $2,300 |
| Fairmount 1 Bedroom Apartments | $1,497 | $700 | $2,750 |
| Fairmount 2 Bedroom Apartments | $1,820 | $939 | $4,610 |
| Fairmount 3 Bedroom Apartments | $2,135 | $819 | $3,462 |
| Fairmount 4 Bedroom Apartments | $1,020 | $729 | $1,620 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 265 rentals with your search options within a 2 mile radius of the Fairmount Neighborhood of Richmond, VA.
See all Apartments in RichmondExplore Richmond
Fairmount, Richmond, VA Local Guide
- Nearby Richmond neighborhoods
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Cheapest Available Fairmount Apartments for Rent
The cheapest available apartment rental in the Fairmount area of Richmond, VA is a 1 Bed unit found at Hatcher Tobacco Flats priced from $720. Manchester Grand Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $770. Here are the most affordable Fairmount apartments for rent in Richmond, VA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Hatcher Tobacco Flats | 1X1 | 1BR,1BA | $720 |
| Manchester Grand Apartments | 1 Bedroom, 1 Bathroom | 1BR,1BA | $770 |
| American Tobacco Collection | SCenter-A3 | 1BR,1BA | $922 |
| Creighton Renaissance Apartments | One Bedroom - D | 1BR,1BA | $926 |
| Mallard Greens | 2 Reno | 2BR,1BA | $935 |
| Highland Terrace Apartments | 2-Bedroom | 2BR,2BA | $946 |
| 1822 Williamsburg Rd | 2 Beds, 1 Baths | 2BR,1BA | $995 |
| Van de Vyver | The Reserve | Studio,1BA | $998 |
| New Manchester Flats | The James | 1BR,1BA | $999 |
Best Value Apartments for Rent in Fairmount, VA
As of May 09, 2026 the best value apartment in the Fairmount area is the $0.51 price per square foot 4x2 - Priced Per Bedroom Model at Marshall Park in the in the Downtown Richmond neighborhood starting from $750. The second greatest value Fairmount apartment is the Three Bedroom Two Bath Large Premier Model at The Gardens at Manchester starting at $1,655 with a $1.23 price per square foot in the Old South neighborhood. Here is today’s list of the best values for Fairmount apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Marshall Park | 4x2 - Priced Per Bedroom | 4BR,2BA | $0.51 |
| The Gardens at Manchester | Three Bedroom Two Bath Large Premier | 3BR,2BA | $1.23 |
| Lofts and Upper Lofts at Canal Walk - Canal I and Canal II | Canal 236 1 Bed | 1BR,1BA | $0.91 |
| Townsend Square | Townhomes starting at $1080.00- Now Accepting A... | 2BR,1BA | $0.94 |
| Trolley Lofts | 2 Bedroom / 2 Bath - 700sqft | 2BR,2BA | $1.18 |
| Glenwood Ridge Apartments | 2 bedroom | 2BR,2BA | $1.13 |
| Hatcher Tobacco Flats | 2X2 | 2BR,2BA | $1.17 |
| Mallard Greens | 2bd/1bth | 2BR,1BA | $1.27 |
| 1822 Williamsburg Rd | 2 Beds, 1 Baths | 2BR,1BA | $1.24 |
| 1527 Mechanicsville Tpke | 1527 Mechanicsville Tpke | 1BR,1BA | $1.25 |
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.
Read Article
The 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 ArticleReal 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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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 LifestyleFairmount, Richmond, VA
Ranked #16
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
Martin Luther King Jr. Middle
Richmond City Public Schools
Public School - Grades 6-8 (501)
3 out of 10
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, including Fairmount, Richmond, and the greater Richmond area. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including filtering automatically for the best proximity to parks and outdoor amenities, luxury housing options, kid and pet-friendly communities, availability of transit options, and much more. These search options are in the site filters at the top of this page.
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 $999.
What is the price of a cheap apartment in Fairmount?
The cheapest apartment in Fairmount is Hatcher Tobacco Flats which is listed at $720, while the average apartment in Fairmount costs $2,244.
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 308 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 $583 which is $1,661 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
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.
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.
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.
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.