Cheap Apartments for Rent in Fredericton, NB from $600 (22 Rentals)

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Search the lowest-cost Apartments available for rent right now in Fredericton.

property at 34 Abbott Ct

$1,240 - $1,365

Studio To 2 Bedroom Rentals

Available Aug 1

34 Abbott Ct

FrederictonNBE3B 5W3
property at 458 Priestman St

$1,290 - $1,380

2 Bedroom Rentals

Available Aug 1

458 Priestman St

FrederictonNBE3B 3B4
property at 10 Manhattan Dr

$1,375 - $1,875

1 To 2 Bedroom Rentals

Available Now

10 Manhattan Dr

FrederictonNBE3A 6C4

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.

property at 579 Squires St

$675

Total Monthly Price

Total Monthly Price

Base Rent
$675

Total Monthly Price
$675

4 Bedroom, 2 Bath Home for Rent

Available Now

579 Squires St

FrederictonNBE3B 3V3
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Bishop Gate Residences
$1,200 - $1,550Studio to 2 Bedroom Apartments

Bishop Gate Residences

65 Bishop DrFredericton, NB E3C 1B1
  • Utilities Included
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Elroy Apartments
$1,295 - $1,495Studio to 3 Bedroom Apartments

Elroy Apartments

125-261 Parkside DrFredericton, NB E3B 2T1
  • Utilities Included
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116 & 126 Wilsey Road
$1,295 - $1,395Studio to 3 Bedroom Apartments

116 & 126 Wilsey Road

116-126 Wilsey RdFredericton, NB E3B 5J1
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75 Greenfields Drive
$1,295 - $1,5351 to 3 Bedroom Apartments

75 Greenfields Drive

75 Greenfields DrFredericton, NB E3B 5L9
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30 Patience Ln
$1,335 - $1,9751 to 2 Bedroom Apartments

30 Patience Ln

30 Patience LnFredericton, NB E3B 5A8
Senior Living
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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.

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Forest Hill Towers
$1,350 - $1,650Studio to 2 Bedroom Apartments

Forest Hill Towers

700 Forest Hills RdFredericton, NB E3B 5X9
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5 Cuffman St
$1,380 - $1,6252 Bedroom Apartments

5 Cuffman St

5 Cuffman StFredericton, NB E3A 4W4
  • Utilities Included
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Princess Place
$1,385 - $1,675Studio to 2 Bedroom Apartments

Princess Place

80-120 Dunns Crossing RdFredericton, NB E3B 2A8
  • Utilities Included
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49 Forest Hill Rd
$1,390 - $2,0701 to 2 Bedroom Apartments

49 Forest Hill Rd

49 Forest Hill RdFredericton, NB E3B 0W7
  • Utilities Included
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Venus Apartments
$1,395 - $1,5951 to 3 Bedroom Apartments

Venus Apartments

484-511 Lisgar StFredericton, NB E3B 3B1
  • Utilities Included
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969 Regent Street
$1,395 - $1,5951 to 5 Bedroom Apartments

969 Regent Street

969 Regent StFredericton, NB E3B 3Y9

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.

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40 Patience Ln
$1,400 - $2,0251 to 2 Bedroom Apartments

40 Patience Ln

40 Patience LnFredericton, NB E3B 5A7
Senior Living
  • Utilities Included
  • Smoke Free

Fredericton, NB Local Guide

Cheapest Available Fredericton Apartments for Rent

 

The cheapest available apartment rental in Fredericton, NB is a Studio unit found at Forest Hill Towers priced from $1,350. 116 & 126 Wilsey Road has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,395. Here is today’s list of the most affordable Fredericton apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Forest Hill TowersStudioStudio,1BA$1,350
116 & 126 Wilsey RoadTwo Bedroom2BR,1BA$1,395
Elroy ApartmentsOne Bedroom1BR,1BA$1,495
Woodbury PlaceTwo Bedroom2BR,1BA$1,595
Woodbury GreenTwo Bedroom + Balcony2BR,1BA$1,645

Best Value Apartments for Rent in Fredericton, NB

As of May 30, 2026 the best value apartment in the Fredericton area is the $1.31 price per square foot Two Bedroom + Balcony Model at Woodbury Terrace in the starting from $1,575. The second greatest value Fredericton apartment is the Suite C Model at 100 Cuffman St starting at $2,050 with a $1.71 price per square foot . Here is today’s list of the best values for Fredericton apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Woodbury TerraceTwo Bedroom + Balcony2BR,1BA$1.31
100 Cuffman StSuite C3BR,2BA$1.71
Woodbury PlaceTwo Bedroom + Balcony2BR,1BA$1.40
Woodbury GreenTwo Bedroom + Balcony2BR,1BA$1.40
116 & 126 Wilsey RoadTwo Bedroom2BR,1BA$1.67
Elroy ApartmentsOne Bedroom1BR,1BA$2.30
Forest Hill TowersStudioStudio ,1BA$2.89

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.

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Real 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.

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Frequently Asked Questions about Cheap Fredericton 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 $1,395 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

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent   article

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.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.