Cheap Homes for Rent in Fairmount Neighborhood of Richmond, VA from $800 (27 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 14 W Broad St

14 W Broad St

RichmondVA23220
property at 2920 P St

2920 P St

RichmondVA23223
property at 711 W Broad St

711 W Broad St

RichmondVA23220
property at 815 Porter St

815 Porter St

RichmondVA23224
property at 123 E Broad St

123 E Broad St

RichmondVA23219

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 1 Bed unit found at New Manchester Flats priced from $702. Manchester Grand Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $855. Here are the most affordable Fairmount apartments for rent in Richmond, VA:

Apartment ListingModel NameBed/BathPriced From
New Manchester FlatsThe Decatur1BR,1BA$702
Manchester Grand ApartmentsA2111BR,1BA$855
2001 EastA31BR,1BA$925
Towers on FranklinRodneyStudio,1BA$949
Charming apartment in the heart of Richmond!1BR/1.0BA1BR,1BA$995
Dogtown Apartments1 Bedroom Standard1BR,1BA$999
Attain ShockoeBellevue1BR,1BA$1,018
The Edison ApartmentsSXDStudio,1BA$1,019
The MasonryOld Stone Row 1x1, Income Restricted1BR,1BA$1,020

Best Value Apartments for Rent in Fairmount, VA

As of April 14, 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 $756. The second greatest value Fairmount apartment is the 2BR/2.0BA Model at Park Plaza @ Belvidere starting at $1,827 with a $1.31 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$1.31
The BerkshireClay1BR,1BA$1.29
Venus At Manchester Apartments2 -Bedroom, 2-Bath2BR,2BA$1.25
City View Place2 Bedroom Unit2BR,1.5BA$1.14
Mallard GreensTWO BEDROOMS JUST FOR YOU!! AVAILABLE NOW - WH...2BR,1BA$1.33
Charming apartment in the heart of Richmond!1BR/1.0BA1BR,1BA$1.25
1407 E Cary Street1 Beds, 1 Baths1BR,1BA$1.47
New Manchester FlatsThe James1BR,1.5BA$1.45
1527 Mechanicsville Tpke, Unit 31527 Mechanicsville Tpke1BR,1BA$1.17

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.

decorative image of people with a giant lease agreement

Frequently Asked Questions about Fairmount

What type of rentals are currently available in Fairmount?

There are currently 550 Apartments for Rent in Fairmount, VA with pricing that ranges from $700 to $5,917. There are also 121 Single Family Homes for rent, Condos, and Townhome rentals currently available in Fairmount ranging from $875 to $5,500.

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 $875 to $5,500 with an average monthly rent of $2,168.

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 $879 to $3,450, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,427 to $2,650. Four Bedroom Single-Family rentals are also available starting from $1,999 and Four Bedroom Apartments start at $756.

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

decorative image for How Your Move-In Inspection Can Protect Your Security Deposit  article

How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.