Cheap Homes for Rent in Downtown Fredericksburg Neighborhood of Fredericksburg, VA from $1,000 (12 Rentals)

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

property at 822 Caroline St

$1,025

Total Monthly Price

Total Monthly Price

Base Rent
$1,025

Total Monthly Price
$1,025

Studio, 1 Bath Home for Rent

Available May 10

822 Caroline St

FredericksburgVA22401
property at 531 Hanover St

$1,240

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,240

Total Monthly Price
$1,240

2 Bedroom, 1 Bath Townhome for Rent

Available Now

531 Hanover St

FredericksburgVA22401
property at 1218 Thornton St

$1,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,600

Total Monthly Price
$1,600

1 Bedroom, 1 Bath Home for Rent

Available Now

1218 Thornton St

FredericksburgVA22401
property at 606 Stuart St

$1,650

Total Monthly Price

Total Monthly Price

Base Rent
$1,650

Total Monthly Price
$1,650

2 Bedroom, 1 Bath Condo for Rent

Available Now

606 Stuart St, Unit 2, Unit 2

606 Stuart St
FredericksburgVA22401

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.

property at 918 Mercer St

$1,725

Total Monthly Price

Total Monthly Price

Base Rent
$1,725

Total Monthly Price
$1,725

1 Bedroom, 1 Bath Home for Rent

Available Now

918 Mercer St

FredericksburgVA22401
property at 107 Lafayette Blvd

$1,745

Total Monthly Price

Total Monthly Price

Base Rent
$1,745

Total Monthly Price
$1,745

2 Bedroom, 1 Bath Townhome for Rent

Available Now

107 Lafayette Blvd

FredericksburgVA22401
property at 702 Prince Edward St

$1,750

Total Monthly Price

Total Monthly Price

Base Rent
$1,750

Total Monthly Price
$1,750

2 Bedroom, 1 Bath Home for Rent

Available Now

702 Prince Edward St

FredericksburgVA22401
property at 520 Wyne Dr

$1,750

Total Monthly Price

Total Monthly Price

Base Rent
$1,750

Total Monthly Price
$1,750

2 Bedroom, 1 Bath Home for Rent

Available Now

520 Wyne Dr

FalmouthVA22405

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

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 ListingModel NameBed/BathPriced From
Townsend SquareThe Stratford2BR,2BA$1,364
The Commons at Cowan Boulevard1A1BR,1BA$1,399
Camden Hills1 Bedroom1BR,1BA$1,399
Summit Kings MillThe Jackson1BR,1BA$1,480
MAA Greenbrier11F Floor Plan1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
MAA Cobblestone SquareThe Cornell2BR,2BA$2.03
Wellington Woods3BR3BR,1.5BA$1.87
Townsend SquareThe Hathaway3BR,2BA$1.66
Camden Hills2 Bedroom W/D2BR,1BA$1.85
Crestview ApartmentsThe Tide2BR,2BA$1.78
MAA GreenbrierElwood V2BR,2BA$2.36
The Factory at Upper Spotsy2 Bed | 2 Bath Loft - Building Two2BR,2BA$2.37
The Commons at Cowan Boulevard2C2BR,1.5BA$1.93
The Residences at BelmontThe Oak - Renovated1BR,1BA$2.24
Summit Kings MillThe Jackson1BR,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.

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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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

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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.

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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.

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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

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

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.