Cheap Apartments for Rent in Fredericton, NB from C$500 (16 Rentals)

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

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Elroy Apartments
Studio to 3 Bedroom Apartments

Elroy Apartments

125-261 Parkside DrFredericton, NB E3B 2T1
  • Utilities Included
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Forest Hill Towers
Studio to 2 Bedroom Apartments

Forest Hill Towers

700 Forest Hills RdFredericton, NB E3B 5X9
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Princess Place
Studio to 2 Bedroom Apartments

Princess Place

80-120 Dunns Crossing RdFredericton, NB E3B 2A8
  • Utilities Included
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Lexington Landing
1 to 3 Bedroom Apartments

Lexington Landing

305 Reynolds StFredericton, NB E3A 2T5
Senior Living
  • Utilities Included

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.

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Westwood Apartments
2 to 3 Bedroom Apartments

Westwood Apartments

102-130 Greenfields DrFredericton, NB E3B 5V7
  • Utilities Included
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Woodbury Terrace
2 Bedroom Apartments

Woodbury Terrace

120 McKnight StFredericton, NB E3A 9G4
Senior Living
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11 Harold Doherty Court
1 to 2 Bedroom Apartments

11 Harold Doherty Court

11 Harold Doherty CrtFredericton, NB E3A 5P2
  • Utilities Included
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969 Regent Street
1 to 5 Bedroom Apartments

969 Regent Street

969 Regent StFredericton, NB E3B 3Y9

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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300 Reynolds Street
1 to 2 Bedroom Apartments

300 Reynolds Street

300 Reynolds StFredericton, NB E3A 0P9
Senior Living
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Woodbury Green
2 Bedroom Apartments

Woodbury Green

110 McKnight StFredericton, NB E3A 9G4
Senior Living
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Venus Apartments
1 to 3 Bedroom Apartments

Venus Apartments

484-511 Lisgar StFredericton, NB E3B 3B1
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Carrington House
1 to 2 Bedroom Apartments

Carrington House

1045 Douglas AveFredericton, NB E3A 9N3
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Woodbury Place
1 to 3 Bedroom Apartments

Woodbury Place

25 McKnight StFredericton, NB E3A 9V4
Senior Living

Fredericton, NB Local Guide

Cheapest Available Fredericton Apartments for Rent

 

The cheapest available apartment rental in Fredericton, NB is a 1 Bed unit found at 116 & 126 Wilsey Road priced from C$1,295. Elroy Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from C$1,295. Here is today’s list of the most affordable Fredericton apartments for rent:

Apartment ListingModel NameBed/BathPriced From
116 & 126 Wilsey RoadOne Bedroom1BR,1BAC$1,295
Elroy ApartmentsOne Bedroom1BR,1BAC$1,295
75 Greenfields DriveTwo Bedroom2BR,1BAC$1,445
270 Parkside DriveOne Bedroom1BR,1BAC$1,450
969 Regent StreetOne Bedroom + Balcony1BR,1BAC$1,455

Best Value Apartments for Rent in Fredericton, NB

As of June 14, 2025 the best value apartment in the Fredericton area is the C$1.81 price per square foot Two Bedroom Model at 75 Greenfields Drive in the starting from C$1,445. The second greatest value Fredericton apartment is the Two Bedroom Model at Elroy Apartments starting at C$1,585 with a C$2.01 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.
75 Greenfields DriveTwo Bedroom2BR,1BAC$1.81
Elroy ApartmentsTwo Bedroom2BR,1BAC$2.01
Forest Hill TowersOne Bedroom1BR,1BAC$2.49
969 Regent StreetOne Bedroom + Balcony1BR,1BAC$2.33
270 Parkside DriveOne Bedroom1BR,1BAC$2.65
116 & 126 Wilsey RoadOne Bedroom1BR,1BAC$2.59

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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.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

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.