
Cheap Homes for Rent in Downtown Fredericksburg Neighborhood of Fredericksburg, VA from $1,000 (12 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Fredericksburg area of Fredericksburg.


217 Hidden Brook Dr

531 Hanover St

1218 Thornton St

606 Stuart St, Unit 2, Unit 2

503 Hanover St, Unit 4
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.

918 Mercer St

107 Lafayette Blvd

702 Prince Edward St

520 Wyne Dr

1805 William St, Unit 8-B

612 Caroline St
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.
Downtown Fredericksburg, Fredericksburg, VA Local Guide

How much does it cost to rent a home in Downtown Fredericksburg?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Fredericksburg 2 Bedroom Homes for Rent | $1,988 | $1,240 | $2,995 |
| Downtown Fredericksburg 3 Bedroom Homes for Rent | $2,716 | $1,995 | $3,300 |
| Downtown Fredericksburg 4 Bedroom Homes for Rent | $3,136 | $2,200 | $3,995 |
Browse Homes for Rent in this Neighborhood
There are currently 12 rentals with your search options within a 2 mile radius of the Downtown Fredericksburg Neighborhood of Fredericksburg, VA.
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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 Townsend Square priced from $1,364. The Commons at Cowan Boulevard has the second lowest priced unit, which is a 1 Bed 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 |
|---|---|---|---|
| Townsend Square | The Stratford | 2BR,2BA | $1,364 |
| The Commons at Cowan Boulevard | 1A | 1BR,1BA | $1,399 |
| Camden Hills | 1 Bedroom | 1BR,1BA | $1,399 |
| Summit Kings Mill | The Jackson | 1BR,1BA | $1,480 |
| MAA Greenbrier | 11F Floor Plan | 1BR,1BA | $1,493 |
Best Value Apartments for Rent in Downtown Fredericksburg, VA
As of April 11, 2026 the best value apartment in the Downtown Fredericksburg area is the $2.03 price per square foot The Cornell Model at MAA Cobblestone Square in the in the Chatham Landing neighborhood starting from $2,373. 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. |
|---|---|---|---|
| MAA Cobblestone Square | The Cornell | 2BR,2BA | $2.03 |
| Wellington Woods | 3BR | 3BR,1.5BA | $1.87 |
| Townsend Square | The Hathaway | 3BR,2BA | $1.66 |
| Camden Hills | 2 Bedroom W/D | 2BR,1BA | $1.85 |
| Crestview Apartments | The Tide | 2BR,2BA | $1.78 |
| MAA Greenbrier | Elwood V | 2BR,2BA | $2.36 |
| The Factory at Upper Spotsy | 2 Bed | 2 Bath Loft - Building Two | 2BR,2BA | $2.37 |
| The Commons at Cowan Boulevard | 2C | 2BR,1.5BA | $1.93 |
| The Residences at Belmont | The Oak - Renovated | 1BR,1BA | $2.24 |
| Summit Kings Mill | The Jackson | 1BR,1BA | $2.47 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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.
Best Local Schools in Downtown Fredericksburg, Fredericksburg, VA
Hugh Mercer Elementary
School data provided by Great Schools
Frequently Asked Questions about Downtown Fredericksburg
What type of rentals are currently available in Downtown Fredericksburg?
There are currently 74 Apartments for Rent in Downtown Fredericksburg, VA with pricing that ranges from $1,150 to $4,550. There are also 41 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Fredericksburg ranging from $1,025 to $3,995.
What is the current price range for Rental Homes in Downtown Fredericksburg?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Fredericksburg ranges from $1,025 to $3,995 with an average monthly rent of $2,223.
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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.

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.

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.