
Cheap Apartments for Rent in Fredericton, NB from $1,000 (21 Rentals)
Search the lowest-cost Apartments available for rent right now in Fredericton.


49 Abbott Ct

39 Abbott Ct

Princess Place

770 Riverside Dr

538 Queen St

135 Reynolds 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.

151 Queen St

579 Squires St

116 & 126 Wilsey Road

Bishop Gate Residences

30 Patience Ln

75 Greenfields Drive

Forest Hill Towers
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

5 Cuffman St

49 Forest Hill Rd

Venus Apartments

969 Regent Street

40 Patience Ln

20 Queen St
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 | $1,245 | $1,245 | $1,245 |
| Fredericton 1 Bedroom Apartments | $1,384 | $1,085 | $1,600 |
| Fredericton 2 Bedroom Apartments | $2,733 | $1,155 | $10,000+ |
| Fredericton 3 Bedroom Apartments | $2,115 | $1,800 | $2,540 |
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 116 & 126 Wilsey Road priced from $1,055. Forest Hill Towers has the second lowest priced unit, which is a Studio apartment currently listed from $1,350. Here is today’s list of the most affordable Fredericton apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 116 & 126 Wilsey Road | Bachelor | Studio,1BA | $1,055 |
| Forest Hill Towers | Studio | Studio,1BA | $1,350 |
| Princess Place | One Bedroom | 1BR,1BA | $1,395 |
| Woodbury Terrace | Two Bedroom + Balcony | 2BR,1BA | $1,455 |
| 11 Harold Doherty Court | 1 Bedroom | 1BR,1BA | $1,495 |
Best Value Apartments for Rent in Fredericton, NB
As of April 15, 2026 the best value apartment in the Fredericton area is the $1.21 price per square foot Two Bedroom + Balcony Model at Woodbury Terrace in the starting from $1,455. The second greatest value Fredericton apartment is the Two Bedroom Model at Woodbury Gardens starting at $1,595 with a $1.35 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. |
|---|---|---|---|
| Woodbury Terrace | Two Bedroom + Balcony | 2BR,1BA | $1.21 |
| Woodbury Gardens | Two Bedroom | 2BR,1BA | $1.35 |
| Woodbury Place | Two Bedroom + Balcony | 2BR,1BA | $1.46 |
| 11 Harold Doherty Court | 1 Bedroom | 1BR,1BA | $2.20 |
| Princess Place | One Bedroom | 1BR,1BA | $2.12 |
| Forest Hill Towers | Studio | Studio ,1BA | $2.89 |
| 116 & 126 Wilsey Road | Bachelor | Studio ,1BA | $3.85 |
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
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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.
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 Princess Place.
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 $1,395 at 116 & 126 Wilsey Road.
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.