Cheap Apartments for Rent in the Downtown Fredericksburg Neighborhood of Fredericksburg, VA from $1,000 (21 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in the Downtown Fredericksburg area of Fredericksburg.

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.

Read Article
close
View Me
Forest Village Apartments
Studio to 5 Bedroom Apartments

Forest Village Apartments

1300 Forest VlgFredericksburg, VA 22401
  • Utilities Included
close
View Me
Hazel Hill
1 to 4 Bedroom Apartments

Hazel Hill

100 Princess Ann StFredericksburg, VA 22401
  • Utilities Included

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.

Read Article
close
View Me
620 Kenmore Ave
1 Bedroom Apartments

620 Kenmore Ave

620 Kenmore AveFredericksburg, VA 22401
close
View Me
Summit Kings Mill
1 to 3 Bedroom Apartments

Summit Kings Mill

214 Kings Mill CtFredericksburg, VA 22401
Corporate Housing

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.

Read Article
Showing Results 1-21, Page 1 of 1

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 1 Bed unit found at Camden Hills priced from $1,389. The Commons at Cowan Boulevard has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,467. Here are the most affordable Downtown Fredericksburg apartments for rent in Fredericksburg, VA:

Apartment ListingModel NameBed/BathPriced From
Camden Hills1 Bedroom1BR,1BA$1,389
The Commons at Cowan Boulevard1A1BR,1BA$1,467
The Residences at BelmontThe Oak1BR,1BA$1,535
MAA GreenbrierElwood V2BR,2BA$1,573
William Square Luxury ResidencesDStudio,1BA$1,595

Best Value Apartments for Rent in Downtown Fredericksburg, VA

As of February 03, 2026 the best value apartment in the Downtown Fredericksburg area is the $2.17 price per square foot The Wave Model at Crestview Apartments in the in the Sherwood Estates neighborhood starting from $2,452. The second greatest value Downtown Fredericksburg apartment is the The Hathaway Model at Townsend Square starting at $1,918 with a $1.80 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Crestview ApartmentsThe Wave3BR,2BA$2.17
Townsend SquareThe Hathaway3BR,2BA$1.80
819 Weedon St, Unit 2819 Weedon St2BR,1BA$2.08
The Factory at Upper Spotsy1 Bed | 1.5 Bath Loft - Building One1BR,1.5BA$1.82
Wellington Woods2BR2BR,1BA$1.83
MAA Cobblestone SquareThe Kenmore1BR,1BA$2.02
Camden Hills1 Bedroom1BR,1BA$1.71
Riverwoods Apartments of FredericksburgThe Maple1BR,1BA$1.97
The Commons at Cowan Boulevard2C2BR,1.5BA$1.98
MAA GreenbrierKenmore II1BR,1BA$2.37

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 Article
Decorative image

The 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 Article
Decorative image

Cash 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 Article
Decorative image

Quick 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.

decorative image of people with a giant lease agreement

Best Local Schools in
Downtown Fredericksburg, Fredericksburg, VA

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 Camden Hills which is listed at $1,389, while the average apartment in Downtown Fredericksburg costs $2,040.

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 11 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 $680 which is $1,360 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

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

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.