
Cheap Apartments for Rent in Fredericton, NB from $600 (22 Rentals)
Search the lowest-cost Apartments available for rent right now in Fredericton.


158B Neill Street

34 Abbott Ct

458 Priestman St

80 Glasier Rd

208 Sunset Dr

10 Manhattan Dr
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.

579 Squires St

Bishop Gate Residences

Elroy Apartments

116 & 126 Wilsey Road

75 Greenfields Drive

50 60 Greenfields and 190 Parkside

30 Patience Ln
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.

112 Goodine St

Forest Hill Towers

5 Cuffman St

Princess Place

49 Forest Hill Rd

Venus Apartments

969 Regent Street
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.

40 Patience Ln
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 | $1,240 | $1,240 | $1,240 |
| Fredericton 1 Bedroom Apartments | $1,358 | $625 | $1,750 |
| Fredericton 2 Bedroom Apartments | $1,743 | $1,290 | $2,699 |
| Fredericton 3 Bedroom Apartments | $2,089 | $1,675 | $2,815 |
Browse Top Apartments in Fredericton
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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 Forest Hill Towers priced from $1,350. 116 & 126 Wilsey Road has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,395. Here is today’s list of the most affordable Fredericton apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Forest Hill Towers | Studio | Studio,1BA | $1,350 |
| 116 & 126 Wilsey Road | Two Bedroom | 2BR,1BA | $1,395 |
| Elroy Apartments | One Bedroom | 1BR,1BA | $1,495 |
| Woodbury Place | Two Bedroom | 2BR,1BA | $1,595 |
| Woodbury Green | Two Bedroom + Balcony | 2BR,1BA | $1,645 |
Best Value Apartments for Rent in Fredericton, NB
As of May 30, 2026 the best value apartment in the Fredericton area is the $1.31 price per square foot Two Bedroom + Balcony Model at Woodbury Terrace in the starting from $1,575. The second greatest value Fredericton apartment is the Suite C Model at 100 Cuffman St starting at $2,050 with a $1.71 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. |
|---|---|---|---|
| Woodbury Terrace | Two Bedroom + Balcony | 2BR,1BA | $1.31 |
| 100 Cuffman St | Suite C | 3BR,2BA | $1.71 |
| Woodbury Place | Two Bedroom + Balcony | 2BR,1BA | $1.40 |
| Woodbury Green | Two Bedroom + Balcony | 2BR,1BA | $1.40 |
| 116 & 126 Wilsey Road | Two Bedroom | 2BR,1BA | $1.67 |
| Elroy Apartments | One Bedroom | 1BR,1BA | $2.30 |
| Forest Hill Towers | Studio | Studio ,1BA | $2.89 |
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 ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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
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

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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.