
Cheap Apartments for Rent in the Downtown Fredericksburg Neighborhood of Fredericksburg, VA from $1,000 (37 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Fredericksburg area of Fredericksburg.


Stratford Apartments

Total Monthly Price
Camden Hills

Monticello Square Apartments

527 View Point Way

MAA Greenbrier

The Commons at Cowan Boulevard

405 Pratt St

Wellington Woods
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.

503 Hanover St

Townsend Square

Riverwoods Apartments of Fredericksburg

300 Claiborne Ave

The Residences at Belmont

1115 Winchester St

The Factory at Upper Spotsy

606 Stuart St

1315 Rappahannock Ave
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.

2505 Van Buren St

1212 Payne St

Madonna House at Belmont Senior Apartments

Forest Village Apartments

Hazel Hill

621 Lafayette Blvd

Kenmore Apartments

1004 Prince Edward St

1009 Princess Anne St
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.

Summit Kings Mill

1320-1324 Kenmore Ave

Crestview Apartments

1401 Charles St

1401 Charles St

620 Kenmore Ave

606 Stuart St, Unit 2

1316 Rowe St

1101 Prince Edward 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.

Hanover House
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 | $1,426 | $1,403 | $1,473 |
| Downtown Fredericksburg 1 Bedroom Apartments | $1,737 | $1,150 | $2,197 |
| Downtown Fredericksburg 2 Bedroom Apartments | $1,958 | $1,239 | $4,550 |
| Downtown Fredericksburg 3 Bedroom Apartments | $1,893 | $1,550 | $2,238 |
Browse Apartments in this Neighborhood
There are currently 37 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 Camden Hills priced from $1,239. The Commons at Cowan Boulevard has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,399. Here are the most affordable Downtown Fredericksburg apartments for rent in Fredericksburg, VA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Camden Hills | 2 Bedroom | 2BR,1BA | $1,239 |
| The Commons at Cowan Boulevard | 2C | 2BR,1BA | $1,399 |
| Kenmore Apartments | 1 Beds, 1 Baths | 1BR,1BA | $1,400 |
| MAA Greenbrier | Chatham | Studio,1BA | $1,403 |
| Summit Kings Mill | The Jackson | 1BR,1BA | $1,430 |
| Townsend Square | The Stratford | 2BR,2BA | $1,464 |
| 1320-1324 Kenmore Ave | 1 Beds, 1 Baths | 1BR,1BA | $1,525 |
| 1401 Charles St | 1 Beds, 1 Baths | 1BR,1BA | $1,545 |
| The Factory at Upper Spotsy | 1 Bed | 1 Bath - Building One | 1BR,1BA | $1,599 |
| The Residences at Belmont | The Oak | 1BR,1BA | $1,614 |
Best Value Apartments for Rent in Downtown Fredericksburg, VA
As of August 05, 2026 the best value apartment in the Downtown Fredericksburg area is the $2.38 price per square foot The English Model at William Square Luxury Residences in the in the Chatham Landing neighborhood starting from $4,100. The second greatest value Downtown Fredericksburg apartment is the 3BR Model at Wellington Woods starting at $1,996 with a $1.87 price per square foot in the Downtown Fredericksburg 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. |
|---|---|---|---|
| William Square Luxury Residences | The English | 2BR,2BA | $2.38 |
| Wellington Woods | 3BR | 3BR,1.5BA | $1.87 |
| Townsend Square | The Hathaway | 3BR,2BA | $1.71 |
| Crestview Apartments | The Tide | 2BR,2BA | $1.76 |
| Camden Hills | 1 Bedroom | 1BR,1BA | $1.34 |
| The Commons at Cowan Boulevard | 2C | 2BR,1.5BA | $1.80 |
| 1401 Charles St | 1 Beds, 1 Baths | 1BR,1BA | $2.04 |
| The Factory at Upper Spotsy | 1 Bed | 1 Bath - Building Four | 1BR,1BA | $2.26 |
| 1320-1324 Kenmore Ave | 1 Beds, 1 Baths | 1BR,1BA | $2.35 |
| Kenmore Apartments | 1 Beds, 1 Baths | 1BR,1BA | $2.33 |
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 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.
Best Local Schools in Downtown Fredericksburg, Fredericksburg, VA
Hugh Mercer Elementary School
James Monroe High School
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
How much is rent for a Cheap One Bedroom Downtown Fredericksburg Apartment?
The lowest price for a Cheap One Bedroom Downtown Fredericksburg Apartment is $1,299 at Camden Hills.
What is the lowest price for a Cheap Two Bedroom Downtown Fredericksburg Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Downtown Fredericksburg is starting from $1,163 at Camden Hills.
What is the most affordable Downtown Fredericksburg Three Bedroom Apartment?
The best deal on a cheap Downtown Fredericksburg Three Bedroom Apartment rental is at Townsend Square and starts from $1,814.
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.

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.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.