100 W Marshall St
RichmondVA23220
Cheap Homes for Rent in Fairmount Neighborhood of Richmond, VA from $800 (27 Rentals)
Search the lowest-cost Homes available for rent right now in the Fairmount area of Richmond.
1707 Chicago Ave
RichmondVA23224
1109 Porter St
RichmondVA23224
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
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2016 4th Ave
RichmondVA23222
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815 Porter St
RichmondVA23224
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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.
204 W Broad St
RichmondVA23220
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2908 E Clay St
RichmondVA23223
3512 E Richmond Rd
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.
2400 Allence Blvd
RichmondVA23223
2420 Gordon Ln
RichmondVA23223
3516 E Richmond Rd
RichmondVA23223
3518 E Richmond Rd
RichmondVA23223
3119 4th Ave
RichmondVA23222
1619 N 28th St
RichmondVA23223
1100 Goddin St
RichmondVA23231
230 N 6th St
RichmondVA23219
1216 N 38th St
RichmondVA23223
Richmond’s Best Affordable Neighborhoods
Learn about Richmond and the best affordable places to live by our Local Expert Richard Corrigan
3415 Reynolds Rd
RichmondVA23223
2903 Creighton Rd
RichmondVA23223
1001 Garber St
RichmondVA23231
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Fairmount, Richmond, VA Local Guide
How much does it cost to rent a home in Fairmount?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Fairmount 2 Bedroom Homes for Rent | $1,667 | $895 | $3,250 |
| Fairmount 3 Bedroom Homes for Rent | $2,284 | $1,400 | $3,600 |
| Fairmount 4 Bedroom Homes for Rent | $2,438 | $1,725 | $3,440 |
| Fairmount 5 Bedroom Homes for Rent | $2,750 | $2,750 | $2,750 |
Browse Homes for Rent in this Neighborhood
There are currently 27 rentals with your search options within a 2 mile radius of the Fairmount Neighborhood of Richmond, VA.
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Fairmount, Richmond, VA Local Guide
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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. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| New Manchester Flats | The Bainbridge | 2BR,1BA | $837 |
| Towers on Franklin | Gold | Studio,1BA | $900 |
| Van de Vyver | The Reserve | Studio,1BA | $998 |
| Dogtown Apartments | 1 Bedroom Standard | 1BR,1BA | $999 |
| Jefferson Townhouses | 1X1 | 1BR,1BA | $1,000 |
| Attain Shockoe | Riverstone | 1BR,1BA | $1,006 |
| The Foundry Apartments | One Bedroom | 1BR,1BA | $1,013 |
| Cedar Broad | A2b | 1BR,1BA | $1,045 |
| Townsend Square | Townhomes starting at $1050.00- Now Accepting A... | 2BR,1BA | $1,050 |
| 1204 Hull St | One Bed One Bath | 1BR,1BA | $1,050 |
Best Value Apartments for Rent in Fairmount, VA
As of July 24, 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 The Hull Model at The Hudson starting at $1,925 with a $1.43 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 Hudson | The Hull | 3BR,2BA | $1.43 |
| Hydro | The Bay | 2BR,2BA | $1.41 |
| Lofts and Upper Lofts at Canal Walk | Canal 236 2 Beds | Studio ,1BA | $1.31 |
| 1710 East Franklin Street | 1BR/1.0BA | 1BR,1BA | $1.03 |
| Townsend Square | Townhomes starting at $1050.00- Now Accepting A... | 2BR,1BA | $0.91 |
| Hatcher Tobacco Flats | 3X2 | 3BR,2BA | $1.23 |
| Highland Terrace Apartments | 2-Bedroom | 2BR,2BA | $1.34 |
| City View Place | 2 Bedroom Unit | 2BR,1.5BA | $1.18 |
| Mallard Greens | TWO BEDROOMS JUST FOR YOU!! AVAILABLE NOW - WH... | 2BR,1BA | $1.33 |
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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Frequently Asked Questions about Fairmount
What type of rentals are currently available in Fairmount?
There are currently 577 Apartments for Rent in Fairmount, VA with pricing that ranges from $599 to $6,165. There are also 108 Single Family Homes for rent, Condos, and Townhome rentals currently available in Fairmount ranging from $800 to $3,600.
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 $3,600 with an average monthly rent of $1,894.
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 $3,250, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,400 to $3,600. Four Bedroom Single-Family rentals are also available starting from $1,725 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.
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.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
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.
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.