
Cheap Homes for Rent in Fairmount, IL from $400 (4 Rentals)
Search the lowest-cost Homes available for rent right now in Fairmount.


1102 N Bowman Ave
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.

710 Mill St

212 Edwards 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, IL 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 | $764 | $523 | $1,200 |
| Fairmount 3 Bedroom Homes for Rent | $955 | $800 | $1,600 |
| Fairmount 4 Bedroom Homes for Rent | $898 | $500 | $1,095 |
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Fairmount, IL Local Guide
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Best Value Apartments for Rent in Fairmount, IL and Nearby
As of December 26, 2025 the best value apartment in the Fairmount area is the $1.07 price per square foot 2 Bedroom/2.5 bath Model at 200 Vine St in the starting from $1,675. The second greatest value Fairmount apartment is the 2 Bed 2 Bath Private Entry Model at Devonshire Village starting at $1,450 with a $1.21 price per square foot . 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. |
|---|---|---|---|
| 200 Vine St | 2 Bedroom/2.5 bath | 2BR,2BA | $1.07 |
| Devonshire Village | 2 Bed 2 Bath Private Entry | 2BR,2BA | $1.21 |
| Eastland Apartments | 2 Bedroom | 2BR,2BA | $1.28 |
| Campus Oaks | Floorplan A - Price per person | 4BR,2BA | $0.75 |
| Parkside | 2 Bedroom 1 Bath 850 Premium Upgrade | 2BR,1BA | $1.42 |
| University Park | Two Bedroom | 2BR,1BA | $1.17 |
| Stone Ridge Square | 1 Bedroom 1 Bath 730 SF | 1BR,1BA | $1.47 |
| The Grove | 2BR | 2BR,1BA | $1.30 |
| Townway Place | 1 Beds, 1 Baths | 1BR,1BA | $1.42 |
| The Atrium | Single (shared common area) | 1BR,1BA | $1.33 |
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.
Read ArticleThe 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.
Read ArticleCash 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.
Read ArticleQuick Rent Budget Calculator
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Fairmount
What type of rentals are currently available in Fairmount?
There are currently 45 Apartments for Rent in Fairmount, IL with pricing that ranges from $518 to $2,000. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Fairmount ranging from $475 to $1,600.
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 $475 to $1,600 with an average monthly rent of $791.
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 $875 to $1,800, while Three Bedroom Homes, Condos, and Townhomes for rent range from $800 to $1,600. Four Bedroom Single-Family rentals are also available starting from $500 and Four Bedroom Apartments start at $959.
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

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!