Cheap Apartments for Rent in the Riverwalk Neighborhood of Fredericksburg, VA from $900 (11 Rentals)

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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

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Stratford Apartments
1 to 3 Bedroom Apartments

Stratford Apartments

1007 Emancipation HwyFredericksburg, VA 22401
  • Utilities Included

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Heritage Park I
2 to 3 Bedroom Apartments

Heritage Park I

1003 Heritage PlFredericksburg, VA 22401

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 2 Beds unit found at Townsend Square priced from $1,399. 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
Townsend SquareThe Stratford2BR,2BA$1,399
The Commons at Cowan Boulevard1D1BR,1BA$1,459
Riverwoods Apartments of FredericksburgThe Maple1BR,1BA$1,472
The Residences at BelmontThe Oak1BR,1BA$1,515
Kensington CrossingDogwood1BR,1BA$1,573

Best Value Apartments for Rent in Riverwalk, VA

As of June 19, 2025 the best value apartment in the Riverwalk area is the $1.61 price per square foot 3 Bed 2.5 Bath 60% Model at Riverside Manor Apartments in the in the Riverwalk neighborhood starting from $2,195. The second greatest value Riverwalk apartment is the The Wave Model at Crestview Apartments starting at $2,450 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Riverside Manor Apartments3 Bed 2.5 Bath 60%3BR,2.5BA$1.61
Crestview ApartmentsThe Wave3BR,2BA$2.17
Townsend SquareThe Hathaway (SM)3BR,2BA$1.90
Magnolia FallsMaple2BR,2BA$1.98
Attain at Towne CentreBellvue1BR,1BA$2.09
William Square Luxury ResidencesThe Commonwealth1BR,1BA$2.35
MAA SeasonsChancellor1BR,1BA$2.08
Riverwoods Apartments of FredericksburgThe Maple1BR,1BA$1.89
The Residences at BelmontThe Oak - Premium1BR,2BA$2.17
Kensington CrossingDogwood1BR,1BA$2.18

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Pet Friendly Lifestyle
Riverwalk, Fredericksburg, VA

Ranked #1

Among neighborhoods in Fredericksburg, VA 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 The Commons at Cowan Boulevard which is listed at $1,459, while the average apartment in Riverwalk costs $2,326.

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 11 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 $370 which is $1,956 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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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.

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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.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.