
Cheap Homes for Rent in the Downtown Fredericksburg Neighborhood of Fredericksburg, VA from $900 (12 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Fredericksburg area of Fredericksburg.


1308 Idlewild Blvd

1004 Prince Edward St

907 Caroline St, Unit 16

803 Wolfe St

218 Claiborne Ave
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

606 Stuart St, Unit 2

516 Wyne Dr

1813 Washington Ave

1101 Prince Edward St

2505 Van Buren St

102 Hillcrest Dr
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
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 | $1,828 | $1,394 | $2,995 |
| Downtown Fredericksburg 3 Bedroom Homes for Rent | $2,523 | $1,795 | $3,700 |
| Downtown Fredericksburg 4 Bedroom Homes for Rent | $3,089 | $2,695 | $3,900 |
| Downtown Fredericksburg 5 Bedroom Homes for Rent | $3,178 | $2,800 | $3,557 |
| Downtown Fredericksburg 6 Bedroom Homes for Rent | $3,500 | $3,500 | $3,500 |
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 The Commons at Cowan Boulevard priced from $1,449. Camden Hills has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,493. Here are the most affordable Downtown Fredericksburg apartments for rent in Fredericksburg, VA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Commons at Cowan Boulevard | 2C | 2BR,1BA | $1,449 |
| Camden Hills | 1 Bedroom | 1BR,1BA | $1,493 |
| Townsend Square | The Stratford | 2BR,2BA | $1,505 |
| 1320-1324 Kenmore Ave | 1 Beds, 1 Baths | 1BR,1BA | $1,525 |
| Crestview Apartments | The Crest | 1BR,1BA | $1,538 |
Best Value Apartments for Rent in Downtown Fredericksburg, VA
As of August 26, 2026 the best value apartment in the Downtown Fredericksburg area is the $2.15 price per square foot The Madison Model at Summit Kings Mill in the in the Downtown Fredericksburg neighborhood starting from $2,389. The second greatest value Downtown Fredericksburg apartment is the 3BR Model at Wellington Woods starting at $1,826 with a $1.71 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. |
|---|---|---|---|
| Summit Kings Mill | The Madison | 2BR,2BA | $2.15 |
| Wellington Woods | 3BR | 3BR,1.5BA | $1.71 |
| MAA Greenbrier | Elwood III | 2BR,1BA | $1.69 |
| Townsend Square | The Stratford | 2BR,2BA | $1.68 |
| Crestview Apartments | The Crest | 1BR,1BA | $1.78 |
| Camden Hills | 1 Bedroom | 1BR,1BA | $1.84 |
| The Commons at Cowan Boulevard | 2C | 2BR,1.5BA | $1.86 |
| 1401 Charles St | 1 Beds, 1 Baths | 1BR,1BA | $2.04 |
| The Residences at Belmont | The Oak - Premium | 1BR,2BA | $2.27 |
| The Factory at Upper Spotsy | 1 Bed | 1 Bath - Building Four | 1BR,1BA | $2.26 |
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 ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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
James Monroe High School
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 75 Apartments for Rent in Downtown Fredericksburg, VA with pricing that ranges from $1,150 to $4,550. There are also 45 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Fredericksburg ranging from $900 to $3,900.
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 $900 to $3,900 with an average monthly rent of $2,228.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.