
Cheap Apartments for Rent in the Downtown Fredericksburg Neighborhood of Fredericksburg, VA from $800 (17 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Fredericksburg area of Fredericksburg.


Camden Hills

Wellington Woods

710 Freeman St, Unit 4

The Commons at Cowan Boulevard
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.

Townsend Square

Riverwoods Apartments of Fredericksburg

2201 Princess Anne St, Unit 2201 # 112

110 Wolfe St

Hanover House
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Madonna House at Belmont Senior Apartments

1208 Kenmore Ave
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265 Butler Rd
Downtown Fredericksburg, Fredericksburg, VA Local Guide

How much does it cost to rent an apartment in Downtown Fredericksburg?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Downtown Fredericksburg Studio Apartments | $1,400 | $1,400 | $1,400 |
Downtown Fredericksburg 1 Bedroom Apartments | $1,749 | $1,299 | $2,706 |
Downtown Fredericksburg 2 Bedroom Apartments | $2,038 | $1,333 | $4,500 |
Downtown Fredericksburg 3 Bedroom Apartments | $2,463 | $1,849 | $3,525 |
Browse Apartments in this Neighborhood
There are currently 17 rentals with your search options within a 2 mile radius of the Downtown Fredericksburg Neighborhood of Fredericksburg, VA.
See all Apartments in FredericksburgExplore Fredericksburg
Downtown Fredericksburg, Fredericksburg, VA Local Guide
- Nearby Fredericksburg neighborhoods
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Cheapest Available Downtown Fredericksburg Apartments for Rent
 The cheapest available apartment rental in the Downtown Fredericksburg area of Fredericksburg, VA is a 2 Beds unit found at The Commons at Cowan Boulevard priced from $1,333. Townsend Square has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,399. Here are the most affordable Downtown Fredericksburg apartments for rent in Fredericksburg, VA:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Commons at Cowan Boulevard | 2C | 2BR,1BA | $1,333 |
Townsend Square | The Stratford | 2BR,2BA | $1,399 |
Hanover House | Studio | Studio,1BA | $1,400 |
MAA Greenbrier | Kenmore I | 1BR,1BA | $1,493 |
Camden Hills | 2 Bedroom | 2BR,1BA | $1,499 |
Best Value Apartments for Rent in Downtown Fredericksburg, VA
As of May 17, 2025 the best value apartment in the Downtown Fredericksburg area is the $2.17 price per square foot The Wave Model at Crestview Apartments in the in the Sherwood Estates neighborhood starting from $2,450. The second greatest value Downtown Fredericksburg apartment is the 145 Harrell Rd Model at 145 Harrell Rd, Unit 1 starting at $1,650 with a $1.49 price per square foot in the England Run North neighborhood. Here is today’s list of the best values for Downtown Fredericksburg apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Crestview Apartments | The Wave | 3BR,2BA | $2.17 |
145 Harrell Rd, Unit 1 | 145 Harrell Rd | 2BR,1BA | $1.49 |
Townsend Square | The Hathaway | 3BR,2BA | $1.74 |
Camden Hills | 2 Bedroom | 2BR,1BA | $1.50 |
Wellington Woods | 2BR | 2BR,1BA | $1.88 |
Summit Kings Mill | The Lee | 2BR,2BA | $2.13 |
Attain at Towne Centre | Arcadia A | 1BR,1BA | $2.41 |
MAA Greenbrier | Kenmore II | 1BR,1BA | $2.07 |
The Residences at Belmont | The Orchid - Renovated | 1BR,1BA | $2.28 |
715 Caroline St, Unit 2 | 715 Caroline St | 1BR,1BA | $2.14 |
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.
Pet Friendly LifestyleDowntown Fredericksburg, Fredericksburg, VA
Ranked #8
Among neighborhoods in Fredericksburg, VA for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Downtown Fredericksburg, Fredericksburg, VA
Hugh Mercer Elementary
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of neighborhoods, cities and towns, and rental properties across Virginia including Downtown Fredericksburg, Fredericksburg, and the greater Fredericksburg area. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including filtering automatically for convenient access to the outdoors, luxury housing options, kid and pet-friendly communities, availability of transit options, and how walkable or bikeable each community and area is. These search options are in the site filters at the top of this page.
Getting Around the Downtown Fredericksburg Neighborhood in Fredericksburg, VA
Walk Score®
90 / 100
Walker’s Paradise
Daily errands do not require a car
Bike Score®
61 / 100
Bikeable
Some bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Downtown Fredericksburg Apartments
How much is rent for a Cheap One Bedroom Downtown Fredericksburg Apartment?
The lowest price for a Cheap One Bedroom Downtown Fredericksburg Apartment is $1,469 at The Commons at Cowan Boulevard.
What is the lowest price for a Cheap Two Bedroom Downtown Fredericksburg Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Downtown Fredericksburg is starting from $1,333 at The Commons at Cowan Boulevard.
What is the most affordable Downtown Fredericksburg Three Bedroom Apartment?
The best deal on a cheap Downtown Fredericksburg Three Bedroom Apartment rental is at Townsend Square and starts from $1,849.
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.

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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
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If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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