Cheap Apartments for Rent in Fredericton, NB from $1,000 (21 Rentals)

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

property at 59 Abbott Ct

$1,085 - $1,561

1 To 2 Bedroom Rentals

Available Now

59 Abbott Ct

FrederictonNBE3B 5V8

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 151 Queen St

$1,368 - $1,634

1 To 2 Bedroom Rentals

Available Now

151 Queen St

FrederictonNBE3B 7J2
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 May 1

579 Squires St

FrederictonNBE3B 3V3
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116 & 126 Wilsey Road
$1,055 - $1,495Studio to 3 Bedroom Apartments

116 & 126 Wilsey Road

116-126 Wilsey RdFredericton, NB E3B 5J1
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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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30 Patience Ln
$1,335 - $1,9751 to 2 Bedroom Apartments

30 Patience Ln

30 Patience LnFredericton, NB E3B 5A8
Senior Living
  • Smoke Free
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75 Greenfields Drive
$1,345 - $1,3951 to 3 Bedroom Apartments

75 Greenfields Drive

75 Greenfields DrFredericton, NB E3B 5L9
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Forest Hill Towers
$1,350 - $1,765Studio to 2 Bedroom Apartments

Forest Hill Towers

700 Forest Hills RdFredericton, NB E3B 5X9

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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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Elroy Apartments
$1,375 - $1,610Studio to 3 Bedroom Apartments

Elroy Apartments

125-261 Parkside DrFredericton, NB E3B 2T1
  • Utilities Included
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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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Venus Apartments
$1,395 - $1,6251 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
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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

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Fredericton, NB Local Guide

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 ListingModel NameBed/BathPriced From
116 & 126 Wilsey RoadBachelorStudio,1BA$1,055
Forest Hill TowersStudioStudio,1BA$1,350
Princess PlaceOne Bedroom1BR,1BA$1,395
Woodbury TerraceTwo Bedroom + Balcony2BR,1BA$1,455
11 Harold Doherty Court1 Bedroom1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Woodbury TerraceTwo Bedroom + Balcony2BR,1BA$1.21
Woodbury GardensTwo Bedroom2BR,1BA$1.35
Woodbury PlaceTwo Bedroom + Balcony2BR,1BA$1.46
11 Harold Doherty Court1 Bedroom1BR,1BA$2.20
Princess PlaceOne Bedroom1BR,1BA$2.12
Forest Hill TowersStudioStudio ,1BA$2.89
116 & 126 Wilsey RoadBachelorStudio ,1BA$3.85

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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.

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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

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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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 $1,395 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

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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.

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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.

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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.

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.