
Cheap Apartments for Rent near Fredericksburg, IN from $420 (66 Rentals)
Search the lowest-cost Apartments available for rent right now in Fredericksburg.


Chapman Crossing

Foxtail Pointe

Mason Manor Apartments

Valley Ridge

Brookview Glen

335 S Shawnee Terrace

Courtyard Apartments

Knobs Pointe Apartments

Maple Grove Apartments
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Elm Grove Apartments

Stone Creek Apartments I & II

Gaslight Square Apartments

Willow Grove Apartments

River Grove Apartments

Locust Grove Apartments

The Monroe

701-709 Etzler Dr

Willow Run

Glenview Apartments
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Total Monthly Price
Huntley Ridge New Albany

High Park Apartments

The Breakwater

Meadows at Green Tree

Arbor Place Apartments

Total Monthly Price
Plaza Square Apartments

Sheffield Square

Ashby Apartments

Heritage Springs Rentals

Klerner Lane Apartments
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.

Plum Ridge Apartments

Lochwood Aparatments

Colonial Village Apartments

The Bend

Heritage Square

Silver Creek Commons East & West

Adelyn Apartments

122 S Longworth Ave

3923 Elliott Ave

Grove Park
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.

1737 Culbertson Ave

343 N 42nd St

Christ the King Apartments

112 Boston Ct

1411 McDonald Ave

Kingsfield Luxury Apartments

2411-2415 Charlestown Rd

655 S 35th St

4435 Parker Ave

Spring Manor Apartments
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.
Fredericksburg, IN Local Guide

How much does it cost to rent an apartment in Fredericksburg?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Fredericksburg Studio Apartments | $872 | $719 | $1,020 |
| Fredericksburg 1 Bedroom Apartments | $965 | $200 | $1,530 |
| Fredericksburg 2 Bedroom Apartments | $1,197 | $420 | $1,625 |
| Fredericksburg 3 Bedroom Apartments | $1,334 | $806 | $1,649 |
Browse Top Apartments in Fredericksburg
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Fredericksburg, IN Local Guide
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Cheapest Available Fredericksburg Apartments for Rent and Nearby
 The cheapest available apartment rental in Fredericksburg, IN is a 1 Bed unit found at Yellowwood Terrace Affordable Senior Housing in the Clarksville neighborhood priced from $200. Brookview Glen in the New Albany neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $719. Here is today’s list of the most affordable Fredericksburg apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Yellowwood Terrace Affordable Senior Housing | Standard | 1BR,1BA | $200 |
| Brookview Glen | Studio | Studio,1BA | $719 |
| Courtyard Apartments | 1.1B | 1BR,1BA | $739 |
| Elm Grove Apartments | Studio | 1BR,1BA | $765 |
| Huntley Ridge New Albany | Aspen | 1BR,1BA | $830 |
| The Monroe | 1 Bedroom and 1 Bathroom | 1BR,1BA | $849 |
| 2411-2415 Charlestown Rd | 2BR/1.0BA | 2BR,1BA | $895 |
| 701-709 Etzler Dr | 2 Bedroom | 2BR,1BA | $900 |
| Glenview Apartments | 1 Bedroom | 1BR,1BA | $909 |
| Spring Manor Apartments | 2BR/1.0BA | 2BR,1BA | $920 |
Best Value Apartments for Rent in Fredericksburg, IN and Nearby
As of September 09, 2026 the best value apartment in the Fredericksburg area is the $0.89 price per square foot 3 Bedroom 2 Bath Model at Knobs Pointe Apartments in the in the New Albany neighborhood starting from $1,425. The second greatest value Fredericksburg apartment is the Villas of Heritage Springs Townhomes Model at Heritage Springs Rentals starting at $1,150 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Knobs Pointe Apartments | 3 Bedroom 2 Bath | 3BR,2BA | $0.89 |
| Heritage Springs Rentals | Villas of Heritage Springs Townhomes | 3BR,1.5BA | $1.00 |
| Plum Ridge Apartments | Two Bed | 2BR,2BA | $1.01 |
| Plaza Square Apartments | 2x1 | 2BR,1BA | $1.00 |
| Valley Ridge | Two Bedroom Townhome | 2BR,1BA | $1.05 |
| Foxtail Pointe | 2 Bdrm B | 2BR,1BA | $0.99 |
| 701-709 Etzler Dr | 2 Bedroom | 2BR,1BA | $1.00 |
| The Monroe | 1 Bedroom and 1 Bathroom | 1BR,1BA | $1.06 |
| Courtyard Apartments | 1.1B | 1BR,1BA | $1.07 |
| Yellowwood Terrace Affordable Senior Housing | Standard | 1BR,1BA | $0.34 |
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 ArticleNavigating 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.
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, IN Rentals by Map
See the most popular apartments and homes in Fredericksburg, IN
Frequently Asked Questions about Cheap Fredericksburg Apartments
How much is rent for a Cheap One Bedroom Fredericksburg Apartment?
The lowest price for a Cheap One Bedroom Fredericksburg Apartment is $200 at Yellowwood Terrace Affordable Senior Housing.
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 $828 at Courtyard Apartments.
What is the most affordable Fredericksburg Three Bedroom Apartment?
The best deal on a cheap Fredericksburg Three Bedroom Apartment rental is at Foxtail Pointe and starts from $1,088.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.