Cheap Homes for Rent in Fairmount Neighborhood of Richmond, VA from $800 (61 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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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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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 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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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 City View Place priced from $835. New Manchester Flats has the second lowest priced unit, which is a 2 Beds apartment currently listed from $837. Here are the most affordable Fairmount apartments for rent in Richmond, VA:

Apartment ListingModel NameBed/BathPriced From
City View Place2 Bedroom Unit2BR,1BA$835
New Manchester FlatsThe Bainbridge2BR,1BA$837
The Masonry ApartmentsMasonry BF-A11BR,1BA$995
1822 Williamsburg Rd2 Beds, 1 Baths2BR,1BA$995
Van de VyverThe ReserveStudio,1BA$998
Dogtown Apartments1 Bedroom Standard1BR,1BA$999
The Lofts at Shockoe SlipThe Lofts at Shockoe Slip 316Studio,1BA$999
Jefferson Townhouses1X11BR,1BA$1,000
Linden at Highland ParkOne Bedroom Apartment1BR,1BA$1,002

Best Value Apartments for Rent in Fairmount, VA

As of September 08, 2025 the best value apartment in the Fairmount area is the $0.44 price per square foot 201 W 12th St Model at 201 W 12th St in the in the Old South neighborhood starting from $750. The second greatest value Fairmount apartment is the 4x2 - Priced Per Bedroom Model at Marshall Park starting at $699 with a $0.47 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.
201 W 12th St201 W 12th St3BR,3BA$0.44
Marshall Park4x2 - Priced Per Bedroom4BR,2BA$0.47
HydroThe Bay2BR,2BA$1.41
Lofts and Upper Lofts at Canal WalkCanal 236 2 BedsStudio ,1BA$1.27
Venus At Manchester Apartments2 -Bedroom, 2-Bath2BR,2BA$1.02
Hatcher Tobacco Flats3X23BR,2BA$1.23
Marshall Street Apartments1BR/1.0BA1BR,1BA$1.38
City View Place2 Bedroom Unit2BR,1.5BA$0.90
Mallard GreensTWO BEDROOMS JUST FOR YOU!! AVAILABLE NOW - WH...2BR,1BA$1.33
1822 Williamsburg Rd2 Beds, 1 Baths2BR,1BA$1.24

Quick Rent Budget Calculator

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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 Lifestyle
Fairmount, Richmond, VA

Ranked #13

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 579 Apartments for Rent in Fairmount, VA with pricing that ranges from $599 to $11,515. There are also 141 Single Family Homes for rent, Condos, and Townhome rentals currently available in Fairmount ranging from $895 to $3,440.

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 $895 to $3,440 with an average monthly rent of $2,065.

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 $3,801, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,200 to $3,350. Four Bedroom Single-Family rentals are also available starting from $1,645 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 Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.