
Cheap Homes for Rent in Riverwalk Neighborhood of Fredericksburg, VA from $1,200 (13 Rentals)
Search the lowest-cost Homes available for rent right now in the Riverwalk area of Fredericksburg.


531 Hanover St

1401 Bragg Rd

1218 Thornton St

606 Stuart St, Unit 2, Unit 2

503 Hanover St, Unit 4
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.

103 Hughey Ct

918 Mercer St

520 Wyne Dr

1805 William St, Unit 8-B

702 Prince Edward St

928 Bellows Ave
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.

611 Denton Cir
Riverwalk, Fredericksburg, VA Local Guide

How much does it cost to rent a home in Riverwalk?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Riverwalk 2 Bedroom Homes for Rent | $1,984 | $1,240 | $2,995 |
| Riverwalk 3 Bedroom Homes for Rent | $2,537 | $1,795 | $3,300 |
| Riverwalk 4 Bedroom Homes for Rent | $3,230 | $2,800 | $3,995 |
Browse Homes for Rent in this Neighborhood
There are currently 13 rentals with your search options within a 2 mile radius of the Riverwalk Neighborhood of Fredericksburg, VA.
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Riverwalk, Fredericksburg, VA Local Guide
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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 The Commons at Cowan Boulevard priced from $1,399. MAA Greenbrier has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,493. Here are the most affordable Riverwalk apartments for rent in Fredericksburg, VA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Commons at Cowan Boulevard | 1A | 1BR,1BA | $1,399 |
| MAA Greenbrier | 11F Floor Plan | 1BR,1BA | $1,493 |
| Crestview Apartments | The Crest | 1BR,1BA | $1,508 |
| MAA Seasons | Chancellor | 1BR,1BA | $1,623 |
| The Residences at Belmont | The Oak - Renovated | 1BR,1BA | $1,689 |
Best Value Apartments for Rent in Riverwalk, VA
As of April 11, 2026 the best value apartment in the Riverwalk area is the $1.86 price per square foot 2 Bedroom 2.5 Bath MKT Model at Riverside Manor Apartments in the in the Riverwalk neighborhood starting from $2,375. The second greatest value Riverwalk apartment is the The Cornell Model at MAA Cobblestone Square starting at $2,373 with a $2.03 price per square foot in the Chatham Landing 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 | $1.86 |
| MAA Cobblestone Square | The Cornell | 2BR,2BA | $2.03 |
| Crestview Apartments | The Tide | 2BR,2BA | $1.78 |
| Evergreens at Smith Run | Model B2 | 1BR,1BA | $2.53 |
| MAA Greenbrier | Elwood V | 2BR,2BA | $2.36 |
| Attain at Towne Centre | Arcadia A | 1BR,1BA | $2.33 |
| MAA Seasons | Chancellor | 1BR,1BA | $2.08 |
| The Commons at Cowan Boulevard | 2C | 2BR,1.5BA | $1.93 |
| The Residences at Belmont | The Oak - Renovated | 1BR,1BA | $2.24 |
| Silver Collection At Carl D Silver | A1 | 1BR,1BA | $2.60 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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
Frequently Asked Questions about Riverwalk
What type of rentals are currently available in Riverwalk?
There are currently 62 Apartments for Rent in Riverwalk, VA with pricing that ranges from $1,150 to $4,550. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Riverwalk ranging from $1,200 to $3,995.
What is the current price range for Rental Homes in Riverwalk?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Riverwalk ranges from $1,200 to $3,995 with an average monthly rent of $2,359.
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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.