Cheap Apartments for Rent in Fredericksburg, IA from $500 (29 Rentals)

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Search the lowest-cost Apartments available for rent right now in Fredericksburg.

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 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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1637 Carriage Hill Dr
2 Bedroom Apartments

1637 Carriage Hill Dr

1637 Carriage Hill DrWaterloo, IA 50701
  • Utilities Included
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124 Earl St
2 Bedroom Apartments

124 Earl St

124-136 Earl StEvansdale, IA 50707

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.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Fredericksburg, IA Local Guide

Cheapest Available Fredericksburg Apartments for Rent and Nearby

 

The cheapest available apartment rental in Fredericksburg, IA is a 4 Beds unit found at Residences on College Hill in the Downtown Cedar Falls neighborhood priced from $295. 131 S Vine St has the second lowest priced unit, which is a 1 Bed apartment currently listed from $550. Here is today’s list of the most affordable Fredericksburg apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Residences on College HillPrivate 1-Bedroom Apartment in a Spacious 4-Bed...4BR,1BA$295
131 S Vine St2021BR,1BA$550
Russell LamsonStudioStudio,1BA$675
The Meadows ApartmentsQuads 2Bd2BR,1BA$700
University Manor1 BR/ 1 BA (Sept'25 )1BR,1BA$770
124 Earl St2BR/1.0BA2BR,1BA$795
Rolling Meadows Apartments- 1 Bedroom/1 Bath Apartment in Excellent Loca...1BR,1BA$800
Brentwood Estates - Furnished & UnfurnishedBrentwood Unfurnished1BR,1BA$845
Thunder Ridge ApartmentsTR 1bed/1bath1BR,1BA$895
Leavitt Park Apartments - Waterloo, IA2 Bed 1 Bath | Leavitt Park Apartments2BR,1BA$895

Best Value Apartments for Rent in Fredericksburg, IA and Nearby

As of June 19, 2025 the best value apartment in the Fredericksburg area is the $1.23 price per square foot 1st Month Free Model at Riverwalk Residences in the in the Downtown Waterloo neighborhood starting from $1,300. The second greatest value Fredericksburg apartment is the Two Bedroom w/ Garage Model at Kinsale Condominiums starting at $975 with a $1.00 price per square foot . Here is today’s list of the best values for Fredericksburg apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Riverwalk Residences1st Month Free2BR,2BA$1.23
Kinsale CondominiumsTwo Bedroom w/ Garage2BR,1BA$1.00
Residences on College HillLarge 4-Bedroom Apartment, Perfect for Roommate...4BR,1BA$1.33
Wild Grove Apartments - 702 NICC2 Bed Updated2BR,1BA$1.09
The Meadows ApartmentsMeadows 2Bd2BR,1BA$0.92
124 Earl St2BR/1.0BA2BR,1BA$1.13
Leavitt Park Apartments - Waterloo, IA2 Bed 1 Bath | Leavitt Park Apartments2BR,1BA$1.28
Union at North Crossing1 Bed 1 Bath1BR,1BA$1.30
University Manor1 BR/ 1 BA (Sept'25 )1BR,1BA$1.26
131 S Vine St2021BR,1BA$0.92

Quick Rent Budget Calculator

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Fredericksburg, IA Rentals by Map

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See the most popular apartments and homes in Fredericksburg, IA

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Getting Around Fredericksburg, IA

Walk Score®

20 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

43 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 $675.

How much is rent for a Cheap One Bedroom Fredericksburg Apartment?

The lowest price for a Cheap One Bedroom Fredericksburg Apartment is $550 at 131 S Vine St.

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 $525 at Residences on College Hill.

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 $750.

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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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.

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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.

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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.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.