
Cheap Apartments for Rent in the Riverwalk Neighborhood of Fredericksburg, VA from $1,102 (35 Rentals)
Search the lowest-cost Apartments available for rent right now in the Riverwalk area of Fredericksburg.


Stratford Apartments

Monticello Square Apartments

MAA Greenbrier

The Commons at Cowan Boulevard

503 Hanover St, Unit 5

Riverwoods Apartments of Fredericksburg

806 Weedon St
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.

MAA Seasons

The Residences at Belmont

MAA Cobblestone Square

606 Stuart St

1315 Rappahannock Ave

2505 Van Buren St

1212 Payne St

1401 Bragg Rd
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.

Madonna House at Belmont Senior Apartments

Forest Village Apartments

621 Lafayette Blvd

Heritage Park I

181 Truslow Rd

Weston Circle and Wicklow Square Apartments

1004 Prince Edward St

Kenmore Apartments
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

512 Rivers Edge Dr

1320-1324 Kenmore Ave

1401 Charles St

620 Kenmore Ave

Crestview Apartments

809 Denton Cir

606 Stuart St, Unit 2

1813 Washington Ave
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.

1101 Prince Edward St

200 Brighton Square

516 Wyne Dr
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 | $1,880 | $1,393 | $2,699 |
| Riverwalk 1 Bedroom Apartments | $1,802 | $1,150 | $2,275 |
| Riverwalk 2 Bedroom Apartments | $2,206 | $1,250 | $4,550 |
| Riverwalk 3 Bedroom Apartments | $2,587 | $1,550 | $3,610 |
Browse Apartments in this Neighborhood
There are currently 35 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
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 Weston Circle and Wicklow Square Apartments priced from $1,352. The Commons at Cowan Boulevard has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,399. Here are the most affordable Riverwalk apartments for rent in Fredericksburg, VA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Weston Circle and Wicklow Square Apartments | A1_WicklowSquare | 1BR,1BA | $1,352 |
| The Commons at Cowan Boulevard | 2C | 2BR,1BA | $1,399 |
| 1320-1324 Kenmore Ave | 1 Beds, 1 Baths | 1BR,1BA | $1,525 |
| 1401 Charles St | 1 Beds, 1 Baths | 1BR,1BA | $1,545 |
| MAA Seasons | Chancellor | 1BR,1BA | $1,548 |
| MAA Cobblestone Square | The Caroline | 1BR,1BA | $1,568 |
| MAA Greenbrier | Elwood III | 2BR,1BA | $1,583 |
| The Residences at Belmont | The Magnolia - Renovated | 2BR,1BA | $1,699 |
| Crestview Apartments | The Tide | 2BR,2BA | $1,737 |
| Silver Collection at Celebrate | Ashland | 1BR,1BA | $1,810 |
Best Value Apartments for Rent in Riverwalk, VA
As of August 22, 2026 the best value apartment in the Riverwalk area is the $1.78 price per square foot 2 Bedroom 2.5 Bath MKT Model at Riverside Manor Apartments in the in the Riverwalk neighborhood starting from $2,275. The second greatest value Riverwalk apartment is the The Crown Model at Valor Apartment Homes starting at $2,125 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Riverside Manor Apartments | 2 Bedroom 2.5 Bath MKT | 2BR,2.5BA | $1.78 |
| Valor Apartment Homes | The Crown | 3BR,2BA | $1.72 |
| Attain at Towne Centre | Cardinal | 2BR,2BA | $2.37 |
| Crestview Apartments | The Tide | 2BR,2BA | $1.76 |
| MAA Greenbrier | Elwood V | 2BR,2BA | $1.93 |
| MAA Seasons | Chancellor | 1BR,1BA | $1.98 |
| The Commons at Cowan Boulevard | 2C | 2BR,1.5BA | $1.80 |
| 1401 Charles St | 1 Beds, 1 Baths | 1BR,1BA | $2.04 |
| The Residences at Belmont | The Oak - Premium | 1BR,2BA | $2.26 |
| 1320-1324 Kenmore Ave | 1 Beds, 1 Baths | 1BR,1BA | $2.35 |
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.
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
How much is rent for a Cheap One Bedroom Riverwalk Apartment?
The lowest price for a Cheap One Bedroom Riverwalk Apartment is $1,352 at Weston Circle and Wicklow Square Apartments.
What is the lowest price for a Cheap Two Bedroom Riverwalk Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Riverwalk is starting from $1,399 at The Commons at Cowan Boulevard.
What is the most affordable Riverwalk Three Bedroom Apartment?
The best deal on a cheap Riverwalk Three Bedroom Apartment rental is at Weston Circle and Wicklow Square Apartments and starts from $1,752.
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.