Cheap Homes for Rent in Fairmount Neighborhood of Richmond, VA from $800 (40 Rentals)

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Search the lowest-cost Homes available for rent right now in the Fairmount area of Richmond.

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.

property at 815 Porter St

815 Porter St

RichmondVA23224
property at 9 Ainsworth Ln

9 Ainsworth Ln

RichmondVA23223

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.

property at 319 N 2nd St

319 N 2nd St, Unit B

319 N 2nd St
RichmondVA23219
property at 123 E Broad St

123 E Broad St

RichmondVA23219

Richmond’s Best Affordable Neighborhoods

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Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Fairmount, Richmond, VA Local Guide

Cheapest Available Fairmount Apartments for Rent

 

The cheapest available apartment rental in the Fairmount area of Richmond, VA is a 2 Beds unit found at New Manchester Flats priced from $837. 2001 East has the second lowest priced unit, which is a 1 Bed apartment currently listed from $925. Here are the most affordable Fairmount apartments for rent in Richmond, VA:

Apartment ListingModel NameBed/BathPriced From
New Manchester FlatsThe Bainbridge2BR,1BA$837
2001 EastA31BR,1BA$925
Miller Lofts @ Plant Zero1 Bedroom 1 Bath1BR,1BA$950
Van de VyverThe ReserveStudio,1BA$998
Dogtown Apartments1 Bedroom Standard1BR,1BA$999
Townsend SquareTownhomes starting at $1000.00- Now Accepting A...2BR,1BA$1,000
District Square Apartments1Bd1Ba--5901BR,1BA$1,012
City View Place2 Bedroom Unit2BR,1BA$1,056
The Mezzo LoftsMosaic Gallery - 1 Bedroom 1 Bath1BR,1BA$1,070
Shockoe CommonsA21BR,1BA$1,075

Best Value Apartments for Rent in Fairmount, VA

As of June 01, 2025 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 2BR/2.0BA Model at Park Plaza @ Belvidere starting at $1,877 with a $1.34 price per square foot in the Downtown Richmond 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.
Marshall Park4x2 - Priced Per Bedroom4BR,2BA$0.51
Park Plaza @ Belvidere2BR/2.0BA2BR,2BA$1.34
The HudsonThe Belvidere2BR,1BA$1.26
Townsend SquareTownhomes starting at $1000.00- Now Accepting A...2BR,1BA$0.87
Venus At Manchester Apartments2 -Bedroom, 2-Bath2BR,2BA$1.20
1407 E Cary Street1 Beds, 1 Baths1BR,1BA$1.11
Miller Lofts @ Plant Zero2 Bedroom 2 Bath2BR,2BA$1.39
The BerkshirePark1BR,1BA$1.34
City View Place2 Bedroom Unit2BR,1.5BA$1.14
Mallard GreensTWO BEDROOMS JUST FOR YOU!! AVAILABLE NOW - WH...2BR,1BA$1.33

Quick Rent Budget Calculator

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Frequently Asked Questions about Fairmount

What type of rentals are currently available in Fairmount?

There are currently 561 Apartments for Rent in Fairmount, VA with pricing that ranges from $599 to $7,268. There are also 121 Single Family Homes for rent, Condos, and Townhome rentals currently available in Fairmount ranging from $800 to $3,800.

What is the current price range for Rental Homes in Fairmount?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Fairmount ranges from $800 to $3,800 with an average monthly rent of $2,160.

How much are larger Three and Four Bedroom Rentals in Fairmount?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Fairmount range from $699 to $3,446, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,473 to $3,800. Four Bedroom Single-Family rentals are also available starting from $800 and Four Bedroom Apartments start at $599.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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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.

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.