Cheap Homes for Rent in Fairmount Neighborhood of Richmond, VA from $700 (19 Rentals)

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

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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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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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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Showing Results 1-19, Page 1 of 1

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 1822 Williamsburg Rd priced from $895. Towers on Franklin has the second lowest priced unit, which is a Studio apartment currently listed from $900. Here are the most affordable Fairmount apartments for rent in Richmond, VA:

Apartment ListingModel NameBed/BathPriced From
1822 Williamsburg Rd2 Beds, 1 Baths2BR,1BA$895
Towers on FranklinHarrisonStudio,1BA$900
The AttainCary1BR,1BA$931
Van de VyverThe ReserveStudio,1BA$998
Hopper LoftsA21BR,1BA$999

Best Value Apartments for Rent in Fairmount, VA

As of December 13, 2025 the best value apartment in the Fairmount area is the $1.07 price per square foot Two Bed Two Bath Model at Broadway Apartments in the in the Downtown Richmond neighborhood starting from $1,466. The second greatest value Fairmount apartment is the Canal 236 2 Beds Model at Lofts and Upper Lofts at Canal Walk - Canal I and Canal II starting at $1,613 with a $1.24 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.
Broadway ApartmentsTwo Bed Two Bath2BR,2BA$1.07
Lofts and Upper Lofts at Canal Walk - Canal I and Canal IICanal 236 2 BedsStudio ,1BA$1.24
Townsend SquareTownhomes starting at $1050.00- Now Accepting A...2BR,1BA$0.91
209 E Main StUnit 208A2BR,1BA$1.36
Lofts and Upper Lofts at Canal Walk IIIOne Bedroom1BR,1BA$1.23
Hatcher Tobacco Flats3X23BR,2BA$1.23
Marshall Street Apartments1BR/1.0BA1BR,1BA$1.25
Mallard GreensHoliday Cheer Starts at Mallard Greens Townhome...2BR,1BA$1.33
1822 Williamsburg Rd2 Beds, 1 Baths2BR,1BA$1.12
1527 Mechanicsville Tpke, Unit 11527 Mechanicsville Tpke1BR,1BA$1.17

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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The 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.

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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

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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, Richmond, VA

Ranked #15

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Fairmount, Richmond, VA

School data provided by Great Schools

Frequently Asked Questions about Fairmount

What type of rentals are currently available in Fairmount?

There are currently 568 Apartments for Rent in Fairmount, VA with pricing that ranges from $649 to $11,515. There are also 93 Single Family Homes for rent, Condos, and Townhome rentals currently available in Fairmount ranging from $750 to $5,000.

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 $750 to $5,000 with an average monthly rent of $1,919.

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 $739 to $3,434, while Three Bedroom Homes, Condos, and Townhomes for rent range from $850 to $2,895. Four Bedroom Single-Family rentals are also available starting from $1,795 and Four Bedroom Apartments start at $649.

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.

Articles, How-To's, and Tips

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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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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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!