
Cheap Apartments for Rent in Fredericton, NB from $800 (21 Rentals)
Search the lowest-cost Apartments available for rent right now in Fredericton.


91 Main St

Princess Place

80 Glasier Rd

Lexington Landing

110 Bishop Dr

335 Charlotte St
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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.

590 Montgomery St

151 Queen St

7 Manhattan Dr

15 Manhattan Dr

Bishop Gate Residences

Elroy Apartments

Venus Apartments
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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.

55 Forest Hill Rd

30 Patience Ln

Forest Hill Towers

5 Cuffman St

49 Forest Hill Rd

116 & 126 Wilsey Road

40 Patience Ln
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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
How much does it cost to rent an apartment in Fredericton?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Fredericton Studio Apartments | $1,225 | $1,225 | $1,225 |
| Fredericton 1 Bedroom Apartments | $1,330 | $875 | $1,645 |
| Fredericton 2 Bedroom Apartments | $1,624 | $1,340 | $2,005 |
| Fredericton 3 Bedroom Apartments | $1,950 | $1,950 | $1,950 |
| Fredericton 4 Bedroom Apartments | $2,575 | $2,150 | $3,000 |
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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 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Elroy Apartments | Bachelor | Studio,1BA | $1,295 |
| Lexington Landing | One Bedroom + Balcony | 1BR,1BA | $1,325 |
| Forest Hill Towers | Studio | Studio,1BA | $1,350 |
| 116 & 126 Wilsey Road | Two Bedroom | 2BR,1BA | $1,395 |
| 260 Wetmore Road | Two Bedroom | 2BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 300 Reynolds Street | Two Bedroom + Balcony | 2BR,1BA | $1.09 |
| Woodbury Terrace | Two Bedroom + Balcony | 2BR,1BA | $1.29 |
| Woodbury Green | Two Bedroom + Balcony | 2BR,1BA | $1.27 |
| Carrington House | Two Bedroom + Balcony | 2BR,1BA | $1.55 |
| 116 & 126 Wilsey Road | Two Bedroom | 2BR,1BA | $1.33 |
| 127 & 157 Biggs Street | Two Bedroom | 2BR,1BA | $1.66 |
| 49 Forest Hill Rd | Suite A | 2BR,1BA | $2.08 |
| Lexington Landing | One Bedroom | 1BR,1BA | $1.67 |
| Princess Place | Two Bedroom | 2BR,1BA | $1.96 |
| 260 Wetmore Road | Two Bedroom | 2BR,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.
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 $1,325 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

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.

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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!