
Cheap Apartments for Rent in Fredericton, NB from $600 (28 Rentals)
Search the lowest-cost Apartments available for rent right now in Fredericton.


34 Abbott Ct

208 Sunset Dr

10 Manhattan Dr

120 Bishop Dr

Forest Hill Towers

25 Ferris St
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.

60 Fieldstone Ct

768 Hanson St

579 Squires St

Bishop Gate Residences

Princess Place

116 & 126 Wilsey Road

75 Greenfields Drive
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.

Elroy Apartments

50 60 Greenfields and 190 Parkside

30 Patience Ln

5 Cuffman St

49 Forest Hill Rd

969 Regent Street

300 Reynolds Street
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.

40 Patience Ln

55 Forest Hill Rd

270 Parkside Drive

Woodbury Gardens

48 Brown Blvd

60 Lian St

20 Patience Ln
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.
Fredericton, NB Local Guide
How much does it cost to rent an apartment in Fredericton?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Fredericton Studio Apartments | $1,317 | $1,240 | $1,395 |
| Fredericton 1 Bedroom Apartments | $1,413 | $625 | $1,715 |
| Fredericton 2 Bedroom Apartments | $1,790 | $1,391 | $2,700 |
| Fredericton 3 Bedroom Apartments | $2,089 | $1,650 | $2,815 |
| Fredericton 4 Bedroom Apartments | $2,450 | $2,450 | $2,450 |
Browse Top Apartments in Fredericton
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Fredericton, NB Local Guide
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Cheapest Available Fredericton Apartments for Rent
 The cheapest available apartment rental in Fredericton, NB is a Studio unit found at Princess Place priced from $1,245. Forest Hill Towers has the second lowest priced unit, which is a Studio apartment currently listed from $1,395. Here is today’s list of the most affordable Fredericton apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Princess Place | Bachelor | Studio,1BA | $1,245 |
| Forest Hill Towers | Studio | Studio,1BA | $1,395 |
| Elroy Apartments | One Bedroom | 1BR,1BA | $1,395 |
| Westwood Apartments | Two Bedroom | 2BR,1BA | $1,545 |
| Woodbury Place | Two Bedroom + Balcony | 2BR,1BA | $1,645 |
| Woodbury Green | Two Bedroom + Balcony | 2BR,1BA | $1,645 |
| 100 Cuffman St | Suite C | 3BR,2BA | $2,050 |
Best Value Apartments for Rent in Fredericton, NB
As of June 14, 2026 the best value apartment in the Fredericton area is the $1.71 price per square foot Suite C Model at 100 Cuffman St in the starting from $2,050. The second greatest value Fredericton apartment is the Two Bedroom + Balcony Model at Woodbury Place starting at $1,645 with a $1.40 price per square foot . Here is today’s list of the best values for Fredericton apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 100 Cuffman St | Suite C | 3BR,2BA | $1.71 |
| Woodbury Place | Two Bedroom + Balcony | 2BR,1BA | $1.40 |
| Woodbury Green | Two Bedroom + Balcony | 2BR,1BA | $1.40 |
| Westwood Apartments | Two Bedroom | 2BR,1BA | $1.92 |
| Elroy Apartments | One Bedroom | 1BR,1BA | $2.15 |
| Forest Hill Towers | Studio | Studio ,1BA | $2.99 |
| Princess Place | Bachelor | Studio ,1BA | $2.81 |
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Fredericton, NB Rentals by Map
See the most popular apartments and homes in Fredericton, NB
Frequently Asked Questions about Cheap Fredericton Apartments
How much is rent for a Cheap One Bedroom Fredericton Apartment?
The lowest price for a Cheap One Bedroom Fredericton Apartment is $1,395 at Elroy Apartments.
What is the lowest price for a Cheap Two Bedroom Fredericton Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Fredericton is starting from $1,545 at Westwood Apartments.
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

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.