
Cheap Apartments for Rent in the Riverwalk Neighborhood of Fredericksburg, VA from $900 (19 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

27 Trail Ridge Ln
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.

Attain at Towne Centre

1419 Dandridge St

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

30 Curtis Estates

611 Anvil Rd
Cash 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.

1805 William St
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 | $2,999 | $2,999 | $2,999 |
| Riverwalk 1 Bedroom Apartments | $1,759 | $1,050 | $2,450 |
| Riverwalk 2 Bedroom Apartments | $2,121 | $1,150 | $3,850 |
| Riverwalk 3 Bedroom Apartments | $2,413 | $1,450 | $3,450 |
Browse Apartments in this Neighborhood
There are currently 19 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 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 $1,299. Here are the most affordable Riverwalk apartments for rent in Fredericksburg, VA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Stratford Apartments | One Bedroom | 1BR,1BA | $1,050 |
| The Commons at Cowan Boulevard | 1A | 1BR,1BA | $1,299 |
| MAA Greenbrier | Elwood I | 2BR,1BA | $1,436 |
| The Residences at Belmont | The Orchid | 1BR,1BA | $1,474 |
| Riverwoods Apartments of Fredericksburg | The Maple | 1BR,1BA | $1,531 |
Best Value Apartments for Rent in Riverwalk, VA
As of November 21, 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 $2,340. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Riverside Manor Apartments | 3 Bed 2.5 Bath 60% | 3BR,2.5BA | $1.72 |
| Stratford Apartments | Three Bedroom | 3BR,1.5BA | $1.21 |
| Attain at Towne Centre | Fairview | 2BR,2BA | $2.03 |
| The Commons at Cowan Boulevard | 3A | 3BR,2BA | $1.78 |
| Crestview Apartments | The Tide | 2BR,2BA | $2.15 |
| William Square Luxury Residences | The Amelia | 1BR,1BA | $2.50 |
| Valor Apartment Homes | The Valor | 1BR,1BA | $1.85 |
| MAA Seasons | Chancellor | 1BR,1BA | $2.25 |
| Riverwoods Apartments of Fredericksburg | The Maple | 1BR,1BA | $1.97 |
| MAA Greenbrier | 11F Floor Plan | 1BR,1BA | $2.04 |
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 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 #3
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 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 26 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 $529 which is $2,470 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.

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!

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.

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.




