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25 Cheap Apartments for rent in Fredericksburg, VA

Last updated December 11 at 1:14pm UTC
Southpoint Reserve at Stoney Creek
5300 Steeplechase Dr
Fredericksburg, VA
Updated December 11 at 1:14pm UTC
1 Bedroom
$910
2 Bedrooms
$1,154
3 Bedrooms
$1,376
142 HILLCREST DRIVE
Fredericksburg
Fredericksburg, VA
Updated December 11 at 7:22am UTC
1 Bedroom
$900
507 HARRIS COURT
Fredericksburg
Fredericksburg, VA
Updated December 11 at 7:18am UTC
2 Bedrooms
$1,095
1807 AUGUSTINE AVENUE
Fredericksburg
Fredericksburg, VA
Updated December 11 at 7:05am UTC
1 Bedroom
$900
627 WOLFE STREET
Fredericksburg
Fredericksburg, VA
Updated December 11 at 7:05am UTC
2 Bedrooms
$975
1114 PRINCE EDWARD STREET
Fredericksburg
Fredericksburg, VA
Updated December 11 at 3:23am UTC
1 Bedroom
$1,150
1423 DANDRIDGE STREET
Fredericksburg
Fredericksburg, VA
Updated December 11 at 3:23am UTC
2 Bedrooms
$995
511 Spottswood Street Unit #A
Fredericksburg
Fredericksburg, VA
Updated December 6 at 11:22am UTC
1 Bedroom
$1,025
300 CLAIBORNE AVENUE
Stafford County
Stafford County, VA
Updated December 11 at 7:05am UTC
2 Bedrooms
$950
Results within 1 miles of Fredericksburg, VA
315 BURNSIDE AVENUE
Stafford County
Stafford County, VA
Updated December 11 at 3:23am UTC
2 Bedrooms
$950
2501 Pittston Rd
Spotsylvania County
Spotsylvania County, VA
Updated December 11 at 11:58am UTC
1 Bedroom
$900
1813 MEADOW DRIVE
Stafford County
Stafford County, VA
Updated December 11 at 7:05am UTC
2 Bedrooms
$915
Results within 5 miles of Fredericksburg, VA
209 Ironwood Lane
Spotsylvania County
Spotsylvania County, VA
Updated December 11 at 10:30am UTC
1 Bedroom
$750
513 Olde Greenwich Circle
Fredericksburg
Fredericksburg, VA
Updated December 5 at 10:19am UTC
3 Bedrooms
$1,150
625 ANVIL ROAD
Stafford County
Stafford County, VA
Updated December 11 at 7:05am UTC
3 Bedrooms
$1,000
10432 LEAVELLS ROAD
Spotsylvania County
Spotsylvania County, VA
Updated December 11 at 7:05am UTC
2 Bedrooms
$1,100
5239 DAFFODIL DRIVE
Spotsylvania County
Spotsylvania County, VA
Updated December 11 at 7:05am UTC
3 Bedrooms
$1,150
9505 WHITEHEART DR
Spotsylvania County
Spotsylvania County, VA
Updated December 11 at 1:36am UTC
2 Bedrooms
$1,000
Results within 10 miles of Fredericksburg, VA
7032 Jefferson Davis Hwy
Spotsylvania County
Spotsylvania County, VA
Updated December 11 at 8:44am UTC
1 Bedroom
$1,000

December 2018 Fredericksburg Rent Report

Welcome to the December 2018 Fredericksburg Rent Report. Fredericksburg rents remained steady over the past month. In this report, we'll evaluate trends in the Fredericksburg rental market, including comparisons to cities throughout the metro, state, and nation.

View full Fredericksburg Rent Report
Rent Report
Fredericksburg

December 2018 Fredericksburg Rent Report

Welcome to the December 2018 Fredericksburg Rent Report. Fredericksburg rents remained steady over the past month. In this report, we'll evaluate trends in the Fredericksburg rental market, including comparisons to cities throughout the metro, state, and nation.

Fredericksburg rents held steady over the past month

Fredericksburg rents have remained flat over the past month, however, they are up moderately by 2.5% year-over-year. Currently, median rents in Fredericksburg stand at $1,440 for a one-bedroom apartment and $1,660 for a two-bedroom. Fredericksburg's year-over-year rent growth leads the state average of 1.8%, as well as the national average of 1.3%.

Rents rising across the DC Metro

Throughout the past year, rent increases have been occurring not just in the city of Fredericksburg, but across the entire metro. Of the largest 10 cities that we have data for in the DC metro, 9 of them have seen prices rise. Here's a look at how rents compare across some of the largest cities in the metro.

  • Frederick has the least expensive rents in the DC metro, with a two-bedroom median of $1,530; the city has also experienced the fastest rent growth in the metro, with a year-over-year increase of 3.7%.
  • Over the past year, Silver Spring is the only city in the metro that has seen rents fall, with a decline of 0.1%. Median two-bedrooms there cost $1,740, while one-bedrooms go for $1,510.
  • Bethesda has the most expensive rents of the largest cities in the DC metro, with a two-bedroom median of $2,430; rents went down 0.4% over the past month but rose 1.5% over the past year.

Many large cities nationwide show more affordable rents compared to Fredericksburg

As rents have increased moderately in Fredericksburg, a few large cities nationwide have seen rents grow more modestly, or in some cases, even decline. Compared to most large cities across the country, Fredericksburg is less affordable for renters.

  • Rents increased slightly in other cities across the state, with Virginia as a whole logging rent growth of 1.8% over the past year. For example, rents have grown by 0.5% in Virginia Beach.
  • Fredericksburg's median two-bedroom rent of $1,660 is above the national average of $1,180. Nationwide, rents have grown by 1.3% over the past year compared to the 2.5% rise in Fredericksburg.
  • While Fredericksburg's rents rose moderately over the past year, the city of Seattle saw a decrease of 0.4%.
  • Renters will generally find more expensive prices in Fredericksburg than most large cities. For example, Norfolk has a median 2BR rent of $950, where Fredericksburg is more than one-and-a-half times that price.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.
City Median 1BR price Median 2BR price M/M price change Y/Y price change
Washington, DC $1,340 $1,550 -0.2% 1.3%
Arlington $1,800 $2,080 -0.4% 3.4%
Alexandria $1,590 $1,830 0.2% 2.0%
Germantown $1,700 $1,960 0.2% 3.6%
Silver Spring $1,510 $1,740 -0.5% -0.1%
Centreville $1,620 $1,870 -0.4% 2.1%
Waldorf $1,740 $2,010 0.7% 0.2%
Frederick $1,330 $1,530 -0.2% 3.7%
Rockville $1,730 $2,000 -0.2% 2.5%
Bethesda $2,110 $2,430 -0.4% 1.5%
See more

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.