
Cheap Apartments for Rent in the Fairmount Neighborhood of Richmond, VA from $550 (244 Rentals) Page 2 of 5
Search the lowest-cost Apartments available for rent right now in the Fairmount area of Richmond.


The Concord Northside

Mortons Apartments

Hopper Lofts

Shockoe Valley View

621 N 32nd St

3503 E Marshall St

The Oliver

The Commons at Plant Zero

Railyard Flats
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Spur Line Lofts

3119 4th Ave

Capitol Lofts

The Mezzo Lofts

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Shockoe Collection

Poythress Apartments

Marshall Street Apartments

Grace & Monroe Apartments

Trolley Lofts

1124 Hull St
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.

Atrium Lofts at Cold Storage

Sphere

City View Lofts

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The Villas of Oakwood

Cigar Lofts

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The Hub Apartments

South Bank

The Cove Apartments

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2509 Seminary Ave, Unit # B

Centennial Terrace
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.

Atrium on Broad Apartments

Pohlig Box Factory Apartments

The Watkins at Shockoe

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Residences at Richmond Trust

Total Monthly Price
The Gardens at Manchester

Cary Belvidere Apartments

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Deco at CNB

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The Hudson

1 West Cary Apartments

1710 Lofts
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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The Bakery

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The Locks

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South Falls Tower

215 E Grace St

Commodore Old Town Manchester

Total Monthly Price
The Trail Lofts

Total Monthly Price
Hydro

Total Monthly Price
The Navigator

Main2525

217 E Grace St
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.
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 | $1,454 | $995 | $2,341 |
| Fairmount 1 Bedroom Apartments | $1,485 | $800 | $2,899 |
| Fairmount 2 Bedroom Apartments | $1,869 | $835 | $4,265 |
| Fairmount 3 Bedroom Apartments | $2,139 | $819 | $4,202 |
| Fairmount 4 Bedroom Apartments | $1,309 | $675 | $5,649 |
Browse Apartments in this Neighborhood
There are currently 244 rentals with your search options within a 2 mile radius of the Fairmount Neighborhood of Richmond, VA.
See all Apartments in RichmondExplore Richmond
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 $995.
What is the price of a cheap apartment in Fairmount?
The cheapest apartment in Fairmount is 11 E Broad St which is listed at $749, while the average apartment in Fairmount costs $1,539.
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 242 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 $585 which is $954 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

Your Richmond Neighborhood Guide: Living Near the City's Top Employers
Written by: Richard Corrigan
Richmond is a beautiful place to live and work. The city has something for everyone—historic charm, trendy shops and boutiques, world-class restaurants and amazing urban parks and green spaces.

Explore The River City Like a Local: The Insider's 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.

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.

A Local Expert's 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.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.