Cheap Apartments for Rent in Fredericton, NB from C$500 (16 Rentals)
Search the lowest-cost Apartments available for rent right now in Fredericton.
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.
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.
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.
Fredericton, NB Local Guide
How much does it cost to rent an apartment in Fredericton?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Fredericton 1 Bedroom Apartments | C$997 | C$525 | C$1,564 |
Fredericton 2 Bedroom Apartments | C$1,400 | C$1,400 | C$1,400 |
Fredericton 3 Bedroom Apartments | C$1,600 | C$1,600 | C$1,600 |
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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 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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
116 & 126 Wilsey Road | One Bedroom | 1BR,1BA | C$1,295 |
Elroy Apartments | One Bedroom | 1BR,1BA | C$1,295 |
75 Greenfields Drive | Two Bedroom | 2BR,1BA | C$1,445 |
270 Parkside Drive | One Bedroom | 1BR,1BA | C$1,450 |
969 Regent Street | One Bedroom + Balcony | 1BR,1BA | C$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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
75 Greenfields Drive | Two Bedroom | 2BR,1BA | C$1.81 |
Elroy Apartments | Two Bedroom | 2BR,1BA | C$2.01 |
Forest Hill Towers | One Bedroom | 1BR,1BA | C$2.49 |
969 Regent Street | One Bedroom + Balcony | 1BR,1BA | C$2.33 |
270 Parkside Drive | One Bedroom | 1BR,1BA | C$2.65 |
116 & 126 Wilsey Road | One Bedroom | 1BR,1BA | C$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.

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.

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.

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.

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.