Cheap Apartments for Rent in the Riverwalk Neighborhood of Fredericksburg, VA from $900 (23 Rentals)

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

property at 1122 Caroline St

1122 Caroline St

FredericksburgVA22401

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.

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.

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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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Heritage Park I
2 to 3 Bedroom Apartments

Heritage Park I

1003 Heritage PlFredericksburg, VA 22401

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.

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620 Kenmore Ave
1 Bedroom Apartments

620 Kenmore Ave

620 Kenmore AveFredericksburg, VA 22401
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Crestview Apartments
1 to 3 Bedroom Apartments

Crestview Apartments

100 Crestview WayFredericksburg, VA 22401
  • Utilities Included

Riverwalk, Fredericksburg, VA Local Guide

Cheapest Available Riverwalk Apartments for Rent

 

The cheapest available apartment rental in the Riverwalk area of Fredericksburg, VA is a 1 Bed unit found at Stratford Apartments priced from $1,050. The Commons at Cowan Boulevard has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,449. Here are the most affordable Riverwalk apartments for rent in Fredericksburg, VA:

Apartment ListingModel NameBed/BathPriced From
Stratford ApartmentsOne Bedroom1BR,1BA$1,050
The Commons at Cowan Boulevard1A1BR,1BA$1,449
MAA Greenbrier11F Floor Plan1BR,1BA$1,518
Riverwoods Apartments of FredericksburgThe Maple1BR,1BA$1,531
Crestview ApartmentsThe Crest1BR,1BA$1,600

Best Value Apartments for Rent in Riverwalk, VA

As of October 05, 2025 the best value apartment in the Riverwalk area is the $2.09 price per square foot Rapphannock Model at Attain at Towne Centre in the in the Riverwalk neighborhood starting from $2,854. The second greatest value Riverwalk apartment is the 3 Bed 2.5 Bath 60% Model at Riverside Manor Apartments starting at $2,339 with a $1.72 price per square foot in the Riverwalk neighborhood. Here is today’s list of the best values for Riverwalk apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Attain at Towne CentreRapphannock3BR,2BA$2.09
Riverside Manor Apartments3 Bed 2.5 Bath 60%3BR,2.5BA$1.72
Stratford ApartmentsThree Bedroom3BR,1.5BA$1.21
Evergreens at Smith RunModel C1A2BR,2BA$2.50
Valor Apartment HomesThe Knight2BR,2BA$1.74
Crestview ApartmentsThe Crest1BR,1BA$1.85
MAA SeasonsChancellor1BR,1BA$2.23
Riverwoods Apartments of FredericksburgThe Maple1BR,1BA$1.97
The Commons at Cowan Boulevard2C2BR,1.5BA$1.99
MAA Greenbrier11F Floor Plan1BR,1BA$2.02

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Pet Friendly Lifestyle
Riverwalk, Fredericksburg, VA

Ranked #1

Among cities in Virginia for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

This website is proud to bring you Lifestyle Ratings of rentals in cities across the United States and customized analysis for Central Fredericksburg, VA. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. 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, walking, and biking. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Riverwalk Apartments

What is the price of a cheap apartment in Riverwalk?

The cheapest apartment in Riverwalk is Stratford Apartments which is listed at $1,050, while the average apartment in Riverwalk costs $2,999.

What types of apartments are the cheapest in Riverwalk?

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 6 regular apartments in Riverwalk 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 Riverwalk?

Cheap apartments in Riverwalk have an average cost of $344 which is $2,655 cheaper than the average rent for all rentals in Riverwalk.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.