Cheap Apartments for Rent in the Downtown Fredericksburg Neighborhood of Fredericksburg, VA from $1,000 (19 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
Rent Specials
$1,150 - $1,600
Total Monthly Price

Total Monthly Price

Base Rent
$1,150 - $1,600

Total Monthly Price
$1,150 - $1,600
1 to 3 Bedroom Apartments Contact Us For Availability

Stratford Apartments

1007 Emancipation HwyFredericksburg, VA 22401
Affordability
  • Verified
  • Utilities Included
  • Smoke Free
property at 1605 Charles St

$1,350

Total Monthly Price

Total Monthly Price

Base Rent
$1,350

Total Monthly Price
$1,350

2 Bedroom, 1 Bath Home for Rent

Available Now

1605 Charles St

FredericksburgVA22401
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Townsend Square
Rent Specials
$1,364 - $2,166
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,364 - $2,166

Total Monthly Price
$1,364 - $2,166
2 to 3 Bedroom Apartments Available Now

Townsend Square

1100 Townsend BlvdFredericksburg, VA 22401
Affordability
  • Verified
  • Customer Reviewed
  • Low Income
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MAA Greenbrier
Rent Specials
$1,368 - $3,908
Total Monthly Price

Total Monthly Price

Base Rent
$1,368 - $3,908

Total Monthly Price
$1,368 - $3,908
Studio to 2 Bedroom Apartments Available Now

MAA Greenbrier

1 Greenbrier DrFredericksburg, VA 22401
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour
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Camden Hills
Rent Specials
$1,419 - $2,007
Total Monthly Price

Total Monthly Price

Base Rent
$1,419 - $2,007

Total Monthly Price
$1,419 - $2,007
1 to 2 Bedroom Apartments Available Now

Camden Hills

136 Wellington Lakes DrFredericksburg, VA 22401
Corporate Housing
  • Verified
  • Customer Reviewed
  • Utilities Included

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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.

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The Residences at Belmont
Rent Specials
$1,500 - $2,041
Total Monthly Price

Total Monthly Price

Base Rent
$1,500 - $2,041

Total Monthly Price
$1,500 - $2,041
1 to 2 Bedroom Apartments Available Now

The Residences at Belmont

2520 Belmont TerFredericksburg, VA 22401
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
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Wellington Woods
Rent Specials
$1,504 - $2,046
Total Monthly Price

Total Monthly Price

Base Rent
$1,504 - $2,046

Total Monthly Price
$1,504 - $2,046
1 to 3 Bedroom Apartments Available Now

Wellington Woods

1704 Lafayette BlvdFredericksburg, VA 22401
Corporate Housing
  • Verified
  • Customer Reviewed
  • Low Income
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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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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.

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Hazel Hill
1 to 4 Bedroom Apartments

Hazel Hill

100 Princess Ann StFredericksburg, VA 22401
  • Utilities Included
property at 803 Wolfe St

$1,394

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,394

Total Monthly Price
$1,394

2 Bedroom, 1 Bath Home for Rent

Available Now

803 Wolfe St

FredericksburgVA22401
property at 265 Butler Rd

$1,495

Total Monthly Price

Total Monthly Price

Base Rent
$1,495

Total Monthly Price
$1,495

2 Bedroom, 1 Bath Condo for Rent

Available Now

265 Butler Rd

FredericksburgVA22405
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Summit Kings Mill
1 to 3 Bedroom Apartments

Summit Kings Mill

214 Kings Mill CtFredericksburg, VA 22401
Corporate Housing
property at 1824 Meadow Dr

$1,525

Total Monthly Price

Total Monthly Price

Base Rent
$1,525

Total Monthly Price
$1,525

2 Bedroom, 1 Bath Home for Rent

Available Now

1824 Meadow Dr

FredericksburgVA22405
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620 Kenmore Ave
1 Bedroom Apartments

620 Kenmore Ave

620 Kenmore AveFredericksburg, VA 22401

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.

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Crestview Apartments
1 to 3 Bedroom Apartments

Crestview Apartments

100 Crestview WayFredericksburg, VA 22401
  • Utilities Included

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 $1,364. Camden Hills has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,419. Here are the most affordable Downtown Fredericksburg apartments for rent in Fredericksburg, VA:

Apartment ListingModel NameBed/BathPriced From
Townsend SquareThe Stratford2BR,2BA$1,364
Camden Hills1 Bedroom1BR,1BA$1,419
The Commons at Cowan Boulevard1A1BR,1BA$1,467
MAA Greenbrier11F Floor Plan1BR,1BA$1,498
Wellington Woods1BR1BR,1BA$1,504

Best Value Apartments for Rent in Downtown Fredericksburg, VA

As of March 20, 2026 the best value apartment in the Downtown Fredericksburg area is the $1.66 price per square foot The Hathaway Model at Townsend Square in the in the Downtown Fredericksburg neighborhood starting from $1,764. The second greatest value Downtown Fredericksburg apartment is the The Hanover Model at MAA Cobblestone Square starting at $2,154 with a $2.14 price per square foot in the Chatham Landing 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.
Townsend SquareThe Hathaway3BR,2BA$1.66
MAA Cobblestone SquareThe Hanover2BR,2BA$2.14
Crestview ApartmentsThe Tide2BR,2BA$1.73
Evergreens at Smith RunModel B21BR,1BA$2.54
MAA GreenbrierElwood V2BR,2BA$2.23
Camden Hills1 Bedroom1BR,1BA$1.75
The Commons at Cowan Boulevard2C2BR,1.5BA$1.98
The Residences at BelmontThe Oak - Renovated1BR,1BA$2.18
Wellington Woods1BR1BR,1BA$2.20
Summit Kings MillThe Jackson1BR,1BA$2.53

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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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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 Camden Hills which is listed at $1,419, while the average apartment in Downtown Fredericksburg costs $1,999.

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 12 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 $841 which is $1,158 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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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

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.