
Cheap Apartments for Rent in Fredericksburg, IA from $300 (47 Rentals)
Search the lowest-cost Apartments available for rent right now in Fredericksburg.


Russell Lamson

Gold Falls Villa Apartments

228 Spaces

Falls Edge Studios

University Manor

Brentwood Estates Apartments

UNION HOUSE APARTMENTS

Union at North Crossing
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Rolling Meadows Apartments

Thunder Ridge Apartments

Leavitt Street Apartments

Park @ Nine23

Wild Grove Apartments

Elmcrest

Cedar Village Community

2311 Olive Street

Kinsale Condominiums
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.

131 S Vine St

235 Madison St

128 Lafayette St

227 Madison St

5900 Osage Rd

1918 Olive St

1224-1282 W Mullan Ave

652 Conger St

2001 City View St
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.

1637 Carriage Hill Dr

124-136 Earl St

647 Boston Ave

307 Riehl St

1233 Logan Ave

425 Glenwood St

519 Adams St

1150 Home Park Blvd

707 Webster 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.

511 S Frederick Ave

314 Conger St

603 Iowa St

307 Center St

511 Cutler St

Pointe West Apartments

306 Charles St

517 Nicholas St

407 Patterson St
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

232 Center St

409 Norwood Ave
Fredericksburg, IA Local Guide

How much does it cost to rent an apartment in Fredericksburg?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Fredericksburg Studio Apartments | $1,066 | $652 | $1,395 |
| Fredericksburg 1 Bedroom Apartments | $1,203 | $620 | $1,800 |
| Fredericksburg 2 Bedroom Apartments | $1,328 | $700 | $1,950 |
| Fredericksburg 3 Bedroom Apartments | $1,509 | $850 | $1,950 |
| Fredericksburg 4 Bedroom Apartments | $1,536 | $395 | $2,400 |
Browse Top Apartments in Fredericksburg
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Fredericksburg, IA Local Guide
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Cheapest Available Fredericksburg Apartments for Rent and Nearby
 The cheapest available apartment rental in Fredericksburg, IA is a 4 Beds unit found at The Residences on College Hill in the Downtown Cedar Falls neighborhood priced from $350. The Meadows Apartments in the Southlawn Court neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $620. Here is today’s list of the most affordable Fredericksburg apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Residences on College Hill | 4 Bed 1 Bath Apartment | 4BR,1BA | $350 |
| The Meadows Apartments | Otter Creek 1Bd | 1BR,1BA | $620 |
| Russell Lamson | Studio | Studio,1BA | $652 |
| Gold Falls Villa Apartments | 1 BR/ 1 Bath | 1BR,1BA | $715 |
| Falls Edge Studios | Studio B REV | Studio,1BA | $800 |
| University Manor | 1 BR/ 1 BA (June & Aug '25) | 1BR,1BA | $815 |
| Union at North Crossing | 1 Bed 1 Bath | 1BR,1BA | $850 |
| Leavitt Street Apartments | ***FIRST MONTH FREE!*** 2 Bed 1 Bath | Leavitt ... | 2BR,1BA | $920 |
| Elmcrest | 2 Bedrooms | 2BR,1BA | $950 |
| Kinsale Condominiums | Two Bedroom w/ Garage | 2BR,1BA | $995 |
Best Value Apartments for Rent in Fredericksburg, IA and Nearby
As of June 17, 2026 the best value apartment in the Fredericksburg area is the $1.35 price per square foot 3BR/2.5BA Model at Woodline Townhomes in the starting from $1,625. The second greatest value Fredericksburg apartment is the 1st Month Free Model at Riverwalk Residences starting at $1,250 with a $1.19 price per square foot in the Downtown Waterloo neighborhood. Here is today’s list of the best values for Fredericksburg apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Woodline Townhomes | 3BR/2.5BA | 3BR,2.5BA | $1.35 |
| Riverwalk Residences | 1st Month Free | 2BR,2BA | $1.19 |
| Kinsale Condominiums | Two Bedroom w/ Garage | 2BR,1BA | $1.02 |
| Cedar Village Community | 2 Bed 1 Bath | 2BR,1BA | $1.08 |
| Leavitt Street Apartments | ***FIRST MONTH FREE!*** 2 Bed 1 Bath | Leavitt ... | 2BR,1BA | $1.31 |
| Union at North Crossing | 1 Bed 1 Bath | 1BR,1BA | $1.23 |
| Elmcrest | 2 Bedrooms | 2BR,1BA | $1.38 |
| University Manor | 1 BR/ 1 BA (June & Aug '25) | 1BR,1BA | $1.27 |
| The Meadows Apartments | Otter Creek 1Bd | 1BR,1BA | $1.03 |
| Gold Falls Villa Apartments | 1 BR/ 1 Bath | 1BR,1BA | $1.19 |
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 ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Fredericksburg, IA Rentals by Map
See the most popular apartments and homes in Fredericksburg, IA
Frequently Asked Questions about Cheap Fredericksburg Apartments
What is the Cheapest Studio apartment in Fredericksburg?
Currently the most affordable Cheap Studio Apartment in Fredericksburg is at Russell Lamson listed at $652.
How much is rent for a Cheap One Bedroom Fredericksburg Apartment?
The lowest price for a Cheap One Bedroom Fredericksburg Apartment is $620 at The Meadows Apartments.
What is the lowest price for a Cheap Two Bedroom Fredericksburg Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Fredericksburg is starting from $750 at The Meadows Apartments.
What is the most affordable Fredericksburg Three Bedroom Apartment?
The best deal on a cheap Fredericksburg Three Bedroom Apartment rental is at The Meadows Apartments and starts from $850.
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 I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.