
Cheap Homes for Rent in Fredericksburg, IA from $400 (16 Rentals)
Search the lowest-cost Homes available for rent right now in Fredericksburg.


208 W Main St

1137 Columbia St

5900 Osage Rd

1918 Olive St
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.

2001 City View St

657 Dawson St

307 Riehl St

214 Edwards St

1132 Ackermant St
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.

1233 Logan Ave

538 Sherman Ave

511 S Frederick Ave

314 Conger St

661 Dawson 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.

603 Iowa St
Fredericksburg, IA Local Guide

How much does it cost to rent a home in Fredericksburg?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Fredericksburg 2 Bedroom Homes for Rent | $869 | $425 | $1,300 |
| Fredericksburg 3 Bedroom Homes for Rent | $1,103 | $749 | $1,490 |
| Fredericksburg 4 Bedroom Homes for Rent | $1,508 | $1,150 | $1,775 |
| Fredericksburg 5 Bedroom Homes for Rent | $2,016 | $1,550 | $2,800 |
Browse Top Homes for Rent 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 |
| Falls Edge Studios | Studio B REV | Studio,1BA | $800 |
| Union at North Crossing | 1 Bed 1 Bath | 1BR,1BA | $850 |
Best Value Apartments for Rent in Fredericksburg, IA and Nearby
As of June 01, 2026 the best value apartment in the Fredericksburg area is the $1.44 price per square foot 3 Bed 2.5 Bath Model at Pinnacle Villages - Waverly in the starting from $1,730. The second greatest value Fredericksburg apartment is the 2 Bed - 1 Bath - LMI Model at Grand Crossing starting at $1,324 with a $1.17 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. |
|---|---|---|---|
| Pinnacle Villages - Waverly | 3 Bed 2.5 Bath | 3BR,2.5BA | $1.44 |
| Grand Crossing | 2 Bed - 1 Bath - LMI | 2BR,1BA | $1.17 |
| 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 |
| Thunder Ridge Apartments | 2 Bed/1 Bath Furnished | 2BR,1BA | $1.50 |
| Leavitt Park Apartments - Waterloo, IA | Standard Unit | 2BR,1BA | $1.31 |
| Union at North Crossing | 1 Bed 1 Bath | 1BR,1BA | $1.23 |
| Elmcrest | 2 Bedrooms | 2BR,1BA | $1.38 |
| The Meadows Apartments | Otter Creek 1Bd | 1BR,1BA | $1.03 |
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!
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See the most popular apartments and homes in Fredericksburg, IA
Frequently Asked Questions about Fredericksburg
What type of rentals are currently available in Fredericksburg?
There are currently 51 Apartments for Rent in Fredericksburg, IA with pricing that ranges from $620 to $2,400. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Fredericksburg ranging from $425 to $2,800.
What is the current price range for Rental Homes in Fredericksburg?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Fredericksburg ranges from $425 to $2,800 with an average monthly rent of $1,242.
How much are larger Three and Four Bedroom Rentals in Fredericksburg?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Fredericksburg range from $850 to $1,950, while Three Bedroom Homes, Condos, and Townhomes for rent range from $749 to $1,490. Four Bedroom Single-Family rentals are also available starting from $1,150 and Four Bedroom Apartments start at $1,195.
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

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.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.