
Cheap Apartments for Rent in the Downtown Fredericksburg Neighborhood of Fredericksburg, VA from $900 (17 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Fredericksburg area of Fredericksburg.


Stratford Apartments

117 Courtland Dr

907 Caroline St, Unit 11

Camden Hills
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

The Commons at Cowan Boulevard

Wellington Woods

Riverwoods Apartments of Fredericksburg

MAA Greenbrier

Townsend Square
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

619 Caroline St, Unit 619.5

Madonna House at Belmont Senior Apartments
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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.

317 Prince Edward St

209 Frazier St
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 | $1,595 | $1,595 | $1,595 |
| Downtown Fredericksburg 1 Bedroom Apartments | $1,758 | $1,050 | $2,325 |
| Downtown Fredericksburg 2 Bedroom Apartments | $1,891 | $1,150 | $3,850 |
| Downtown Fredericksburg 3 Bedroom Apartments | $1,886 | $1,450 | $2,308 |
Browse Apartments in this Neighborhood
There are currently 17 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 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Stratford Apartments | One Bedroom | 1BR,1BA | $1,050 |
| Camden Hills | 1 Bedroom | 1BR,1BA | $1,349 |
| MAA Greenbrier | Kenmore II | 1BR,1BA | $1,478 |
| The Commons at Cowan Boulevard | 1A | 1BR,1BA | $1,489 |
| Townsend Square | The Stratford | 2BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Stratford Apartments | Three Bedroom | 3BR,1.5BA | $1.21 |
| Crestview Apartments | The Wave | 3BR,2BA | $2.17 |
| 819 Weedon St, Unit 2 | 819 Weedon St | 2BR,1BA | $2.08 |
| Townsend Square | The Hathaway (SM) | 3BR,2BA | $2.00 |
| Wellington Woods | 2BR | 2BR,1BA | $1.83 |
| Camden Hills | 1 Bedroom | 1BR,1BA | $1.67 |
| Riverwoods Apartments of Fredericksburg | The Maple | 1BR,1BA | $1.97 |
| The Commons at Cowan Boulevard | 2C | 2BR,1.5BA | $2.24 |
| MAA Greenbrier | 11F Floor Plan | 1BR,1BA | $2.05 |
| 907 Caroline St, Unit 11 | 907 Caroline St | 1BR,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.
Read ArticleThe 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.
Read ArticleCash 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.
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.
Pet Friendly LifestyleDowntown Fredericksburg, Fredericksburg, VA
Ranked #4
Among cities in Virginia 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.
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

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.

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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!


