Fredericton, NB
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Cheap Rooms Under $500 in Fredericton, NB

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Overview of Fredericton, NB

About Fredericton, NB

Fredericton is a city in New Brunswick (NB) - a province known for its stunning natural beauty, dynamic cities, and thriving economy. Every city in New Brunswick has its own unique character, history, and attractions to offer visitors and residents alike. For more information, you can refer to our blog to learn more about the cities and neighbourhoods in Canada.

Renting in Fredericton, NB

Finding cheap rooms for rent under $500 in Fredericton requires research, communication with landlords & property managers, securing references, and signing a lease. All this can add up to a lengthy endeavour if you’re not familiar with the rental process in Canada. To help you get started, here is a list of resources with tips on renting in Canada.

Average Rent in Fredericton, NB

What is the average rent in Fredericton for cheap rooms for rent under $500?

The average rent in Fredericton, NB for cheap rooms for rent under $500 will vary on a month-to-month basis. For the latest stats on average rent in Fredericton, refer to our monthly rent reports.

Finding cheap rooms for rent under $500 in Fredericton, NB

Finding cheap rooms for rent under $500 in Fredericton may be a challenge depending on where you’re looking to rent. To increase your chances of finding an affordable home, familiarize yourself with the different neighbourhoods and the average rent in each area.For more information, you can refer to our blog to learn more about the various neighbourhoods in Canada.
In addition to choosing your location, it’s important to know what rental types are available in Fredericton (e.g. 1 bedroom apartments, 2 bedroom apartments, 3 bedroom apartments, studio apartments) and the average rent for each property type. Refer below to figure out your options - ranging from furnished rentals and unfurnished rentals to long term rentals and short term rentals.

Fredericton Rental Types

There are many rental property types you can choose from in Fredericton.

Apartments for rent Fredericton

In Fredericton, apartments are a common form of housing you’ll find. Average rent prices for apartments depend on where you’re looking. Apartments for rent in urban areas are typically more expensive due to higher demand. Apartments generally require much less maintenance than houses, making them ideal for renters who don’t need as much space.

Houses for rent Fredericton

There are plenty of houses for rent in Fredericton for those with a higher budget, need extra space, or who have multiple roommates. Both partial houses and entire houses for rent are common, as well as both new builds and older homes. Some areas, like Toronto and Vancouver, are also known for an abundance of laneway homes and townhomes, making it easy to find a place to rent that suits your needs.

Townhouses for rent Fredericton

Townhouses are another popular form of housing in Fredericton that combine the best qualities of both apartments and whole houses. Typically less expensive than houses, townhouses for rent offer an attractive combination of freedom and space, generally coming with your own private yard and entrance.

Basements for rent Fredericton

For those looking to find affordable rental housing in Fredericton, basements for rent pose an attractive alternative. Since house prices are so expensive, homeowners will sometimes rent out their basements as a way to offset their mortgage payments. This makes it easy for renters to find relatively inexpensive basements for rent in areas throughout the country.

Condos for rent Fredericton

Condos for rent are also a common sight in Fredericton. These types of rental accommodation are perfect for those who like to be in the centre of the action, and don’t need as much space. If you are looking to rent in the city centre though, be prepared for higher-than-average rent prices.

Rooms for rent Fredericton

Sharing a house or apartment is practically essential for those looking for cheap rent in Fredericton. Rooms for rent are a great way to experience wherever you’re living on a budget, and can offer you the opportunity to live in neighbourhoods that would otherwise be unaffordable.

Special Fredericton Rental Types

In addition to choosing your property type, there are also specific rental types you can look into.

Pet friendly rentals in Fredericton

Though not every landlord is keen on allowing pets, there are a good number of pet-friendly rentals in Fredericton for those with furry friends. Both dog-friendly and cat-friendly rental units are available, as well as properties where both are allowed. Try searching for pet-friendly units using search filters on your rental platform to find units that match your needs.

Furnished rentals in Fredericton

If you’re new to town or just haven’t had a chance to pick up furniture of your own yet, not to worry – there are plenty of furnished rentals available in Fredericton. Renters seeking furnished units should search for these units using filters, but do be prepared to pay more in rent. There are pros and cons to renting furnished units compared to unfurnished units, so deciding whether it’s worth it to buy furniture when moving is a good first step.

Short term rentals in Fredericton

Fredericton has plenty of work opportunities and excellent academic institutions, making it a popular place for those renting on a short-term basis. Short-term rentals are exceedingly popular in most cities, particularly during the summer months and at the beginning of school semesters. The added flexibility is an appealing prospect for many renters, and a key factor in deciding whether or not short-term rentals are right for you.

Cheap rentals in Fredericton

If you’re looking for cheap rentals in Fredericton, NB, try finding a roommate or two and explore shared housing; or search for rooms for rent. It’s worth noting that in Fredericton, there are neighbourhoods where rent is considerably cheaper, so exploring these options is a good idea as well.

Fredericton Amenities

When you’re searching for cheap rooms for rent under $500 in Fredericton, make sure to look at what amenities are offered. For instance, check to see if the rental includes utilities like air conditioning, cable and internet or features such as a dishwasher, parking, balcony and fridge.
Tip: When looking at listings on liv.rent, scroll down to the "Amenities" section to see what utilities and features are included with the rental.

Living in Fredericton, NB

People from around the world look to Canada as a safe haven, and Fredericton is one of those cities that truly has something for everyone.
If you’re not sure that Fredericton is the right city for you, check out some of these resources comparing the different cities.

Popular Neighbourhoods in Fredericton

Fredericton is made up of smaller neighbourhoods with their own distinct features. For more information, you can check out the blog to learn about the different neighbourhoods in Fredericton.

Popular Cities Near Fredericton

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Popular Universities Near Fredericton

Apartments for rent near University of Calgary
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Apartments for rent near KPU (Langley)
Apartments for rent near KPU (Surrey)
Apartments for rent near KPU (Richmond)
Apartments for rent near Royal Roads University
Apartments for rent near University of Winnipeg
Apartments for rent near University of Manitoba
Apartments for rent near Université de Saint-Boniface
Apartments for rent near Booth University College
Apartments for rent near Canadian Mennonite University
Apartments for rent near Menno Simons College
Apartments for rent near Red River College (Notre Dame Campus)
Apartments for rent near Red River College (Interlake and Peguis - Fisher River Campus)
Apartments for rent near Red River College (Winkler Campus)
Apartments for rent near Red River College (Steinbach Campus)
Apartments for rent near Manitoba Institute of Trades and Technology
Apartments for rent near Robertson College
Apartments for rent near Dalhousie University
Apartments for rent near Acadia University
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Apartments for rent near St. Francis Xavier University
Apartments for rent near NSCAD University
Apartments for rent near University of King's College
Apartments for rent near Nova Scotia Community College
Apartments for rent near Atlantic School of Theology
Apartments for rent near Mount Saint Vincent University
Apartments for rent near University of Toronto
Apartments for rent near University of Waterloo
Apartments for rent near York University
Apartments for rent near Carleton University
Apartments for rent near Queen's University
Apartments for rent near University of Ottawa
Apartments for rent near University of Toronto (Scarborough)
Apartments for rent near Toronto Metropolitan University
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Local Landmarks in Fredericton

Canada is known for its impressive natural beauty and diverse culture from coast-to-coast. You can find a full list of cultural landmarks and attractions in Fredericton on Canada.ca.

Cheap Rooms for Rent Under $500 Fredericton

Search for condos, townhouses, rooms, and houses for rent in Fredericton, NB on liv.rent. Finding cheap rooms for rent under $500 near you has never been easier. Filter your search by price range (great for finding cheap apartments for rent), unfurnished or furnished apartments for rent, pet-friendly rentals, availability, and housing type. Options range from studio apartments and suites for rent to 1 or 2 bedroom apartment and 3+ bedrooms for rent.
Our Fredericton rental listings are updated in real-time and are current as of Jul 16, 2025.

Looking for Cheap Rooms for Rent Under $500 in Fredericton, NB?

Looking for a specific type of rental in Fredericton, NB? Use our filters below to find your next home.

Fredericton Rental Types

Apartments for rent Fredericton
Condos for rent Fredericton
Townhouses for rent Fredericton
Houses for rent Fredericton
Rooms for rent Fredericton

Fredericton Rentals by Bedrooms

Studios for rent Fredericton
1 bedrooms for rent Fredericton
2 bedrooms for rent Fredericton
3 bedrooms for rent Fredericton
4+ bedrooms for rent Fredericton

Fredericton Rentals by Amenity

Furnished rentals Fredericton
Unfurnished rentals Fredericton
Pet-friendly rentals Fredericton
Dog-friendly rentals Fredericton
Cat-friendly rentals Fredericton

Fredericton Rentals by Lease

Long term rentals Fredericton
Short term rentals Fredericton
Month-to-month rentals Fredericton
Fixed term rentals Fredericton

Fredericton Rentals by Price

Fredericton apartments under $1,000
Fredericton apartments under $1,500
Fredericton apartments under $2,000
Fredericton apartments under $2,500