Cheap Apartments for Rent in Fredericton, NB from $800 (21 Rentals)

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

property at 110 Bishop Dr

$1,339 - $2,300

1 To 2 Bedroom Rentals

Available Now

110 Bishop Dr

FrederictonNBE3C 1B2

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.

property at 151 Queen St

$1,334 - $1,618

1 To 2 Bedroom Rentals

Available Now

151 Queen St

FrederictonNBE3B 7J2
property at 7 Manhattan Dr

$1,395 - $2,250

1 To 3 Bedroom Rentals

Available Now

7 Manhattan Dr

FrederictonNBE3A 6C5
property at 15 Manhattan Dr

$1,395 - $2,250

1 To 3 Bedroom Rentals

Available Now

15 Manhattan Dr

FrederictonNBE3A 6C5
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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 - $1,625Studio to 3 Bedroom Apartments

Elroy Apartments

125-261 Parkside DrFredericton, NB E3B 2T1
  • Utilities Included
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Venus Apartments
$1,5951 to 3 Bedroom Apartments

Venus Apartments

484-511 Lisgar StFredericton, NB E3B 3B1
  • 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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55 Forest Hill Rd
$1,315 - $2,0701 to 2 Bedroom Apartments

55 Forest Hill Rd

55 Forest Hill RdFredericton, NB E3B 0W1
  • Utilities Included
  • Smoke Free
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30 Patience Ln
$1,335 - $1,9751 to 2 Bedroom Apartments

30 Patience Ln

30 Patience LnFredericton, NB E3B 5A8
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Forest Hill Towers
$1,350 - $1,595Studio 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
  • Smoke Free
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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
  • Smoke Free
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116 & 126 Wilsey Road
$1,395 - $1,545Studio to 3 Bedroom Apartments

116 & 126 Wilsey Road

116-126 Wilsey RdFredericton, NB E3B 5J1
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40 Patience Ln
$1,400 - $2,0451 to 2 Bedroom Apartments

40 Patience Ln

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

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.

Fredericton, NB Local Guide

Cheapest Available Fredericton Apartments for Rent

 

The cheapest available apartment rental in Fredericton, NB is a Studio unit found at Elroy Apartments priced from $1,295. Lexington Landing has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,325. Here is today’s list of the most affordable Fredericton apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Elroy ApartmentsBachelorStudio,1BA$1,295
Lexington LandingOne Bedroom + Balcony1BR,1BA$1,325
Forest Hill TowersStudioStudio,1BA$1,350
116 & 126 Wilsey RoadTwo Bedroom2BR,1BA$1,395
260 Wetmore RoadTwo Bedroom2BR,1BA$1,495

Best Value Apartments for Rent in Fredericton, NB

As of January 14, 2026 the best value apartment in the Fredericton area is the $1.09 price per square foot Two Bedroom + Balcony Model at 300 Reynolds Street in the starting from $1,695. The second greatest value Fredericton apartment is the Two Bedroom + Balcony Model at Woodbury Terrace starting at $1,545 with a $1.29 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.
300 Reynolds StreetTwo Bedroom + Balcony2BR,1BA$1.09
Woodbury TerraceTwo Bedroom + Balcony2BR,1BA$1.29
Woodbury GreenTwo Bedroom + Balcony2BR,1BA$1.27
Carrington HouseTwo Bedroom + Balcony2BR,1BA$1.55
116 & 126 Wilsey RoadTwo Bedroom2BR,1BA$1.33
127 & 157 Biggs StreetTwo Bedroom2BR,1BA$1.66
49 Forest Hill RdSuite A2BR,1BA$2.08
Lexington LandingOne Bedroom1BR,1BA$1.67
Princess PlaceTwo Bedroom2BR,1BA$1.96
260 Wetmore RoadTwo Bedroom2BR,1BA$1.84

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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The 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.

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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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Quick 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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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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 $1,325 at Lexington Landing.

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 A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

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.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!