Cheap Apartments for Rent in the Downtown Fredericksburg Neighborhood of Fredericksburg, VA from $900 (17 Rentals)

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

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Forest Village Apartments
Studio to 5 Bedroom Apartments

Forest Village Apartments

1300 Forest VlgFredericksburg, VA 22401
  • Utilities Included
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Hazel Hill
1 to 4 Bedroom Apartments

Hazel Hill

100 Princess Ann StFredericksburg, VA 22401
  • Utilities Included

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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.

Downtown Fredericksburg, Fredericksburg, VA Local Guide

Cheapest Available Downtown Fredericksburg Apartments for Rent

 

The cheapest available apartment rental in the Downtown Fredericksburg area of Fredericksburg, VA is a 1 Bed unit found at Stratford Apartments priced from $1,050. Camden Hills has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,349. Here are the most affordable Downtown Fredericksburg apartments for rent in Fredericksburg, VA:

Apartment ListingModel NameBed/BathPriced From
Stratford ApartmentsOne Bedroom1BR,1BA$1,050
Camden Hills1 Bedroom1BR,1BA$1,349
MAA GreenbrierKenmore II1BR,1BA$1,478
The Commons at Cowan Boulevard1A1BR,1BA$1,489
Townsend SquareThe Stratford2BR,2BA$1,499

Best Value Apartments for Rent in Downtown Fredericksburg, VA

As of December 26, 2025 the best value apartment in the Downtown Fredericksburg area is the $1.21 price per square foot Three Bedroom Model at Stratford Apartments in the in the Riverwalk neighborhood starting from $1,450. The second greatest value Downtown Fredericksburg apartment is the The Wave Model at Crestview Apartments starting at $2,452 with a $2.17 price per square foot in the Sherwood Estates neighborhood. Here is today’s list of the best values for Downtown Fredericksburg apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Stratford ApartmentsThree Bedroom3BR,1.5BA$1.21
Crestview ApartmentsThe Wave3BR,2BA$2.17
819 Weedon St, Unit 2819 Weedon St2BR,1BA$2.08
Townsend SquareThe Hathaway (SM)3BR,2BA$2.00
Wellington Woods2BR2BR,1BA$1.83
Camden Hills1 Bedroom1BR,1BA$1.67
Riverwoods Apartments of FredericksburgThe Maple1BR,1BA$1.97
The Commons at Cowan Boulevard2C2BR,1.5BA$2.24
MAA Greenbrier11F Floor Plan1BR,1BA$2.05
907 Caroline St, Unit 11907 Caroline St1BR,1BA$2.18

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.

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The 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.

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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.

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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.

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Pet Friendly Lifestyle
Downtown Fredericksburg, Fredericksburg, VA

Ranked #4

Among cities in Virginia for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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 Stratford Apartments which is listed at $1,050, while the average apartment in Downtown Fredericksburg costs $1,899.

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 5 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 $422 which is $1,477 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

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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!