Cheap Apartments for Rent in the Riverwalk Neighborhood of Fredericksburg, VA from $800 (10 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Riverwalk area of Fredericksburg.

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Stratford Apartments
1 to 3 Bedroom Apartments

Stratford Apartments

1007 Emancipation HwyFredericksburg, VA 22401
  • Utilities Included
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Heritage Park I
2 to 3 Bedroom Apartments

Heritage Park I

1003 Heritage PlFredericksburg, VA 22401
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Crestview Apartments
1 to 3 Bedroom Apartments

Crestview Apartments

100 Crestview WayFredericksburg, VA 22401
  • Utilities Included

Riverwalk, Fredericksburg, VA Local Guide

Cheapest Available Riverwalk Apartments for Rent

 

The cheapest available apartment rental in the Riverwalk area of Fredericksburg, VA is a 2 Beds unit found at Forest Village Apartments priced from $1,350. Riverwoods Apartments of Fredericksburg has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,399. Here are the most affordable Riverwalk apartments for rent in Fredericksburg, VA:

Apartment ListingModel NameBed/BathPriced From
Forest Village ApartmentsTwo Bedroom One Bathroom2BR,1BA$1,350
Riverwoods Apartments of FredericksburgThe Birch1BR,1BA$1,399
Attain at Towne CentreArcadia A1BR,1BA$1,585

Best Value Apartments for Rent in Riverwalk, VA

As of March 27, 2025 the best value apartment in the Riverwalk area is the $1.54 price per square foot 3 Bed 2.5 Bath 60% Model at Riverside Manor Apartments in the in the Riverwalk neighborhood starting from $2,095. The second greatest value Riverwalk apartment is the The Wave Model at Crestview Apartments starting at $1,861 with a $1.65 price per square foot in the Sherwood Estates neighborhood. Here is today’s list of the best values for Riverwalk apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Riverside Manor Apartments3 Bed 2.5 Bath 60%3BR,2.5BA$1.54
Crestview ApartmentsThe Wave3BR,2BA$1.65
Forest Village ApartmentsTwo Bedroom One Bathroom2BR,1BA$1.42
Kensington CrossingWillow2BR,1BA$1.91
Magnolia FallsMaple2BR,2BA$2.06
Townsend SquareThe Stratford2BR,2BA$1.91
MAA SeasonsChancellor1BR,1BA$2.12
The Commons at Cowan Boulevard2C2BR,1.5BA$2.12
Attain at Towne CentreAshby1BR,1BA$2.24
Riverwoods Apartments of FredericksburgThe Birch1BR,1BA$2.08

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Pet Friendly Lifestyle
Riverwalk, Fredericksburg, VA

Ranked #1

Among neighborhoods in Fredericksburg, VA for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

This website is proud to bring you Lifestyle Ratings of rentals in cities across the United States and customized analysis for Central Fredericksburg, VA. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. 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, walking, and biking. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Riverwalk Apartments

What is a cheap apartment in Riverwalk?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Riverwalk is under $1,699.

What is the price of a cheap apartment in Riverwalk?

The cheapest apartment in Riverwalk is Riverwoods Apartments of Fredericksburg which is listed at $1,399, while the average apartment in Riverwalk costs $2,438.

What types of apartments are the cheapest in Riverwalk?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 258 regular apartments in Riverwalk that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Riverwalk?

Cheap apartments in Riverwalk have an average cost of $404 which is $2,034 cheaper than the average rent for all rentals in Riverwalk.

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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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.