
Cheap Apartments for Rent in the Downtown Fredericksburg Neighborhood of Fredericksburg, VA from $900 (6 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Fredericksburg area of Fredericksburg.


Camden Hills

Madonna House at Belmont Senior Apartments
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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 | $1,774 | $1,698 | $1,850 |
Downtown Fredericksburg 1 Bedroom Apartments | $1,718 | $1,250 | $2,753 |
Downtown Fredericksburg 2 Bedroom Apartments | $1,888 | $1,399 | $3,350 |
Downtown Fredericksburg 3 Bedroom Apartments | $2,142 | $1,699 | $2,613 |
Browse Apartments in this Neighborhood
There are currently 6 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 $1,399. The Commons at Cowan Boulevard has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,459. 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 | $1,399 |
The Commons at Cowan Boulevard | 2C | 2BR,1BA | $1,459 |
The Residences at Belmont | The Oak | 1BR,1BA | $1,494 |
Best Value Apartments for Rent in Downtown Fredericksburg, VA
As of June 23, 2025 the best value apartment in the Downtown Fredericksburg area is the $2.58 price per square foot 2 Bedroom Model at Hanover House in the in the Chatham Landing neighborhood starting from $3,350. The second greatest value Downtown Fredericksburg apartment is the The Wave Model at Crestview Apartments starting at $2,450 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Hanover House | 2 Bedroom | 2BR,2BA | $2.58 |
Crestview Apartments | The Wave | 3BR,2BA | $2.17 |
Camden Hills | 2 Bedroom | 2BR,1BA | $1.50 |
Townsend Square | The Hathaway (SM) | 3BR,2BA | $1.90 |
614 Caroline St, Unit A | 614 Caroline St | 3BR,2BA | $2.00 |
Wellington Woods | 2BR | 2BR,1BA | $2.05 |
William Square Luxury Residences | The Commonwealth | 1BR,1BA | $2.35 |
The Residences at Belmont | The Oak - Premium | 1BR,2BA | $2.17 |
MAA Greenbrier | Kenmore I | 1BR,1BA | $2.36 |
The Commons at Cowan Boulevard | 1D | 1BR,1BA | $2.42 |
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Pet Friendly LifestyleDowntown Fredericksburg, Fredericksburg, VA
Ranked #4
Among neighborhoods in Fredericksburg, VA for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Downtown Fredericksburg, Fredericksburg, VA
Hugh Mercer Elementary
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.
Getting Around the Downtown Fredericksburg Neighborhood in Fredericksburg, VA
Walk Score®
90 / 100
Walker’s Paradise
Daily errands do not require a car
Bike Score®
61 / 100
Bikeable
Some bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 The Commons at Cowan Boulevard which is listed at $1,459, while the average apartment in Downtown Fredericksburg costs $2,113.
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 7 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 $423 which is $1,690 cheaper than the average rent for all rentals in Downtown Fredericksburg.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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