
Cheap Apartments for Rent in the Riverwalk Neighborhood of Fredericksburg, VA from $800 (10 Rentals)
Search the lowest-cost Apartments available for rent right now in the Riverwalk area of Fredericksburg.


2201 Princess Anne St, Unit 2201-110

Riverwoods Apartments of Fredericksburg

The Commons at Cowan Boulevard

Madonna House at Belmont Senior Apartments

111 Woodland Rd
Riverwalk, Fredericksburg, VA Local Guide

How much does it cost to rent an apartment in Riverwalk?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Riverwalk Studio Apartments | $2,099 | $1,200 | $2,999 |
Riverwalk 1 Bedroom Apartments | $1,775 | $1,150 | $2,550 |
Riverwalk 2 Bedroom Apartments | $2,099 | $1,350 | $4,100 |
Riverwalk 3 Bedroom Apartments | $2,489 | $1,849 | $3,575 |
Browse Apartments in this Neighborhood
There are currently 10 rentals with your search options within a 2 mile radius of the Riverwalk Neighborhood of Fredericksburg, VA.
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Riverwalk, Fredericksburg, VA Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Forest Village Apartments | Two Bedroom One Bathroom | 2BR,1BA | $1,350 |
Riverwoods Apartments of Fredericksburg | The Birch | 1BR,1BA | $1,399 |
Attain at Towne Centre | Arcadia A | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Riverside Manor Apartments | 3 Bed 2.5 Bath 60% | 3BR,2.5BA | $1.54 |
Crestview Apartments | The Wave | 3BR,2BA | $1.65 |
Forest Village Apartments | Two Bedroom One Bathroom | 2BR,1BA | $1.42 |
Kensington Crossing | Willow | 2BR,1BA | $1.91 |
Magnolia Falls | Maple | 2BR,2BA | $2.06 |
Townsend Square | The Stratford | 2BR,2BA | $1.91 |
MAA Seasons | Chancellor | 1BR,1BA | $2.12 |
The Commons at Cowan Boulevard | 2C | 2BR,1.5BA | $2.12 |
Attain at Towne Centre | Ashby | 1BR,1BA | $2.24 |
Riverwoods Apartments of Fredericksburg | The Birch | 1BR,1BA | $2.08 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleRiverwalk, Fredericksburg, VA
Ranked #1
Among neighborhoods in Fredericksburg, VA for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
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.

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.

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.

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.

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.