Cheap Apartments for Rent in the Downtown Fredericksburg Neighborhood of Fredericksburg, VA from $900 (6 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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Stratford Apartments
1 to 3 Bedroom Apartments

Stratford Apartments

1007 Emancipation HwyFredericksburg, 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

The Art of the Rental Viewing: What to look for during a property tour

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 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 ListingModel NameBed/BathPriced From
Townsend SquareThe Stratford2BR,2BA$1,399
The Commons at Cowan Boulevard2C2BR,1BA$1,459
The Residences at BelmontThe Oak1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Hanover House2 Bedroom2BR,2BA$2.58
Crestview ApartmentsThe Wave3BR,2BA$2.17
Camden Hills2 Bedroom2BR,1BA$1.50
Townsend SquareThe Hathaway (SM)3BR,2BA$1.90
614 Caroline St, Unit A614 Caroline St3BR,2BA$2.00
Wellington Woods2BR2BR,1BA$2.05
William Square Luxury ResidencesThe Commonwealth1BR,1BA$2.35
The Residences at BelmontThe Oak - Premium1BR,2BA$2.17
MAA GreenbrierKenmore I1BR,1BA$2.36
The Commons at Cowan Boulevard1D1BR,1BA$2.42

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Pet Friendly Lifestyle
Downtown Fredericksburg, Fredericksburg, VA

Ranked #4

Among neighborhoods in Fredericksburg, VA 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.

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

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

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You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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