
Cheap Apartments for Rent in the Downtown Fredericksburg Neighborhood of Fredericksburg, VA from $1,000 (19 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Fredericksburg area of Fredericksburg.


1605 Charles St

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Townsend Square

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MAA Greenbrier

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Camden Hills

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Riverwoods Apartments of Fredericksburg
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The Commons at Cowan Boulevard

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The Residences at Belmont

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Wellington Woods

Madonna House at Belmont Senior Apartments

Forest Village Apartments

Monticello Square Apartments
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Hazel Hill

803 Wolfe St

265 Butler Rd

Summit Kings Mill

1824 Meadow Dr

620 Kenmore Ave
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Crestview Apartments
Downtown Fredericksburg, Fredericksburg, VA Local Guide

How much does it cost to rent an apartment in Downtown Fredericksburg?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Fredericksburg Studio Apartments | $1,368 | $1,368 | $1,368 |
| Downtown Fredericksburg 1 Bedroom Apartments | $1,745 | $1,150 | $2,319 |
| Downtown Fredericksburg 2 Bedroom Apartments | $2,070 | $1,250 | $4,550 |
| Downtown Fredericksburg 3 Bedroom Apartments | $1,894 | $1,550 | $2,166 |
Browse Apartments in this Neighborhood
There are currently 19 rentals with your search options within a 2 mile radius of the Downtown Fredericksburg Neighborhood of Fredericksburg, VA.
See all Apartments in FredericksburgExplore Fredericksburg
Downtown Fredericksburg, Fredericksburg, VA Local Guide
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Cheapest Available Downtown Fredericksburg Apartments for Rent
 The cheapest available apartment rental in the Downtown Fredericksburg area of Fredericksburg, VA is a 2 Beds unit found at Townsend Square priced from $1,364. Camden Hills has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,419. Here are the most affordable Downtown Fredericksburg apartments for rent in Fredericksburg, VA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Townsend Square | The Stratford | 2BR,2BA | $1,364 |
| Camden Hills | 1 Bedroom | 1BR,1BA | $1,419 |
| The Commons at Cowan Boulevard | 1A | 1BR,1BA | $1,467 |
| MAA Greenbrier | 11F Floor Plan | 1BR,1BA | $1,498 |
| Wellington Woods | 1BR | 1BR,1BA | $1,504 |
Best Value Apartments for Rent in Downtown Fredericksburg, VA
As of March 20, 2026 the best value apartment in the Downtown Fredericksburg area is the $1.66 price per square foot The Hathaway Model at Townsend Square in the in the Downtown Fredericksburg neighborhood starting from $1,764. The second greatest value Downtown Fredericksburg apartment is the The Hanover Model at MAA Cobblestone Square starting at $2,154 with a $2.14 price per square foot in the Chatham Landing neighborhood. Here is today’s list of the best values for Downtown Fredericksburg apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Townsend Square | The Hathaway | 3BR,2BA | $1.66 |
| MAA Cobblestone Square | The Hanover | 2BR,2BA | $2.14 |
| Crestview Apartments | The Tide | 2BR,2BA | $1.73 |
| Evergreens at Smith Run | Model B2 | 1BR,1BA | $2.54 |
| MAA Greenbrier | Elwood V | 2BR,2BA | $2.23 |
| Camden Hills | 1 Bedroom | 1BR,1BA | $1.75 |
| The Commons at Cowan Boulevard | 2C | 2BR,1.5BA | $1.98 |
| The Residences at Belmont | The Oak - Renovated | 1BR,1BA | $2.18 |
| Wellington Woods | 1BR | 1BR,1BA | $2.20 |
| Summit Kings Mill | The Jackson | 1BR,1BA | $2.53 |
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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.
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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.
Best Local Schools in Downtown Fredericksburg, Fredericksburg, VA
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of neighborhoods, cities and towns, and rental properties across Virginia including Downtown Fredericksburg, Fredericksburg, and the greater Fredericksburg area. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including filtering automatically for convenient access to the outdoors, luxury housing options, kid and pet-friendly communities, availability of transit options, and how walkable or bikeable each community and area is. These search options are in the site filters at the top of this page.
Frequently Asked Questions about Cheap Downtown Fredericksburg Apartments
What is the price of a cheap apartment in Downtown Fredericksburg?
The cheapest apartment in Downtown Fredericksburg is Camden Hills which is listed at $1,419, while the average apartment in Downtown Fredericksburg costs $1,999.
What types of apartments are the cheapest in Downtown Fredericksburg?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 12 regular apartments in Downtown Fredericksburg that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Downtown Fredericksburg?
Cheap apartments in Downtown Fredericksburg have an average cost of $841 which is $1,158 cheaper than the average rent for all rentals in Downtown Fredericksburg.
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

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.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.