
Cheap Apartments for Rent in the Riverwalk Neighborhood of Fredericksburg, VA from $900 (20 Rentals)
Search the lowest-cost Apartments available for rent right now in the Riverwalk area of Fredericksburg.


The Commons at Cowan Boulevard

MAA Greenbrier

Riverwoods Apartments of Fredericksburg

The Residences at Belmont
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.

William Square Luxury Residences

Valor Apartment Homes

1401 Bragg Rd

Madonna House at Belmont Senior Apartments
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.

Weston Circle and Wicklow Square Apartments

611 Anvil Rd

241 Cambridge St

813 Sledgehammer Dr
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.

128 Hickok Cir

619 Anvil Rd
Riverwalk, Fredericksburg, VA Local Guide

How much does it cost to rent an apartment in Riverwalk?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Riverwalk Studio Apartments | $2,147 | $1,595 | $2,699 |
| Riverwalk 1 Bedroom Apartments | $1,792 | $1,050 | $2,450 |
| Riverwalk 2 Bedroom Apartments | $2,073 | $1,150 | $4,550 |
| Riverwalk 3 Bedroom Apartments | $2,391 | $1,450 | $3,655 |
Browse Apartments in this Neighborhood
There are currently 20 rentals with your search options within a 2 mile radius of the Riverwalk Neighborhood of Fredericksburg, VA.
See all Apartments in FredericksburgExplore Fredericksburg
Riverwalk, Fredericksburg, VA Local Guide
- Nearby Fredericksburg neighborhoods
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Cheapest Available Riverwalk Apartments for Rent
 The cheapest available apartment rental in the Riverwalk area of Fredericksburg, VA is a 2 Beds unit found at MAA Greenbrier priced from $1,453. Riverwoods Apartments of Fredericksburg has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,531. Here are the most affordable Riverwalk apartments for rent in Fredericksburg, VA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| MAA Greenbrier | Elwood II | 2BR,1BA | $1,453 |
| Riverwoods Apartments of Fredericksburg | The Maple | 1BR,1BA | $1,531 |
| The Commons at Cowan Boulevard | 1A | 1BR,1BA | $1,534 |
| The Residences at Belmont | The Oak | 1BR,1BA | $1,583 |
| Valor Apartment Homes | The Valor | 1BR,1BA | $1,650 |
Best Value Apartments for Rent in Riverwalk, VA
As of January 05, 2026 the best value apartment in the Riverwalk area is the $1.72 price per square foot 3 Bed 2.5 Bath 60% Model at Riverside Manor Apartments in the in the Riverwalk neighborhood starting from $2,340. The second greatest value Riverwalk apartment is the The Wave Model at Crestview Apartments starting at $2,452 with a $2.17 price per square foot in the Sherwood Estates neighborhood. Here is today’s list of the best values for Riverwalk apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Riverside Manor Apartments | 3 Bed 2.5 Bath 60% | 3BR,2.5BA | $1.72 |
| Crestview Apartments | The Wave | 3BR,2BA | $2.17 |
| Attain at Towne Centre | Fairview | 2BR,2BA | $2.06 |
| 819 Weedon St, Unit 2 | 819 Weedon St | 2BR,1BA | $2.08 |
| Valor Apartment Homes | The Valor | 1BR,1BA | $1.85 |
| 505 Hawke St, Unit 1 | 505 Hawke St | 1BR,1BA | $1.82 |
| MAA Seasons | Chancellor | 1BR,1BA | $2.19 |
| Riverwoods Apartments of Fredericksburg | The Maple | 1BR,1BA | $1.97 |
| The Commons at Cowan Boulevard | 2C | 2BR,1.5BA | $2.30 |
| MAA Greenbrier | Kenmore II | 1BR,1BA | $2.20 |
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 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.
Pet Friendly LifestyleRiverwalk, Fredericksburg, VA
Ranked #1
Among cities in Virginia for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
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 Riverwoods Apartments of Fredericksburg which is listed at $1,531, while the average apartment in Riverwalk costs $2,276.
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 24 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 $516 which is $1,760 cheaper than the average rent for all rentals in Riverwalk.
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

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!




