Cheap Apartments for Rent in the Riverwalk Neighborhood of Fredericksburg, VA from $900 (10 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

The 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.

close
View Me
Heritage Park I
2 to 3 Bedroom Apartments

Heritage Park I

1003 Heritage PlFredericksburg, VA 22401
close
View Me
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 $1,459. 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 Boulevard1D1BR,1BA$1,459
Crestview ApartmentsThe Crest1BR,1BA$1,475

Best Value Apartments for Rent in Riverwalk, VA

As of August 19, 2025 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 $2,339. The second greatest value Riverwalk apartment is the Three Bedroom Model at Stratford Apartments starting at $1,450 with a $1.21 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.
Riverside Manor Apartments3 Bed 2.5 Bath 60%3BR,2.5BA$1.72
Stratford ApartmentsThree Bedroom3BR,1.5BA$1.21
William Square Luxury ResidencesE2BR,2BA$2.37
MAA Cobblestone SquareThe Charles2BR,2BA$2.17
Crestview ApartmentsThe Crest1BR,1BA$1.71
Attain at Towne CentreArcadia1BR,1BA$2.28
MAA SeasonsChancellor1BR,1BA$2.15
The Residences at BelmontThe Oak - Premium1BR,2BA$2.39
MAA Greenbrier11F Floor Plan1BR,1BA$2.11
The Commons at Cowan Boulevard1D1BR,1BA$2.42

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Riverwalk, Fredericksburg, VA

Ranked #2

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

decorative image of woman handing cat to small boy

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 $2,680.

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 3 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 $364 which is $2,316 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.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

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.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.