
Cheap Homes for Rent in Fredericksburg, IN from $700 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Fredericksburg.


112 Boston Ct

3416 W Main St

223 N 37th 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.

4435 Parker Ave

655 S 35th St

4312 Sunset Ave

127 Boston Ct
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 a home in Fredericksburg?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Fredericksburg 2 Bedroom Homes for Rent | $1,185 | $900 | $1,650 |
| Fredericksburg 3 Bedroom Homes for Rent | $1,520 | $1,150 | $2,110 |
| Fredericksburg 4 Bedroom Homes for Rent | $1,316 | $900 | $1,600 |
| Fredericksburg 5 Bedroom Homes for Rent | $1,449 | $1,449 | $1,449 |
Browse Top Homes for Rent 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 Southern Indiana neighborhood priced from $200. Brookview Glen in the Downtown New Albany neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $699. 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 | $699 |
| Courtyard Apartments | 1.1B | 1BR,1BA | $740 |
Best Value Apartments for Rent in Fredericksburg, IN and Nearby
As of April 26, 2026 the best value apartment in the Fredericksburg area is the $1.00 price per square foot Villas of Heritage Springs Townhomes Model at Heritage Springs Rentals in the starting from $1,150. The second greatest value Fredericksburg apartment is the Two Bed Model at Plum Ridge Apartments starting at $1,250 with a $1.10 price per square foot in the Southern Indiana 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. |
|---|---|---|---|
| Heritage Springs Rentals | Villas of Heritage Springs Townhomes | 3BR,1.5BA | $1.00 |
| Plum Ridge Apartments | Two Bed | 2BR,2BA | $1.10 |
| Adelyn Apartments | 4231-7 | 2BR,2BA | $1.07 |
| Chapman Crossing | 2 Bedroom | 2BR,1BA | $0.80 |
| Plaza Square Apartments | 2x1 | 2BR,1BA | $1.00 |
| Valley Ridge | Two Bedroom Townhome | 2BR,1BA | $1.03 |
| Kingsfield Luxury Apartments | One Bedroom | 1BR,1BA | $0.94 |
| 701-709 Etzler Dr | 2 Bedroom | 2BR,1BA | $1.00 |
| Courtyard Apartments | 2.1B | 2BR,1BA | $1.09 |
| Yellowwood Terrace Affordable Senior Housing | Standard | 1BR,1BA | $0.34 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
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 Fredericksburg
What type of rentals are currently available in Fredericksburg?
There are currently 57 Apartments for Rent in Fredericksburg, IN with pricing that ranges from $200 to $1,677. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Fredericksburg ranging from $750 to $2,110.
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 $750 to $2,110 with an average monthly rent of $1,252.
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

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.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.