Manhattan Drive Community
7 Manhattan Dr,
Fredericton, NB E3A 6C5
2-3 Beds | $1,825 - $2,175
Rental Market Trends in Fredericton, NB
Updated July 2026
The average rent in Fredericton, NB is $1,501/month.
$1,501/month
Average Rent
587 Sq Ft
Average Size
-0.3%
Change / Year
221
Available Apartments
Fredericton rent varies by unit size and layout:
- Studio apartments in Fredericton average $1,103 per month.
- One-bedroom apartments in Fredericton average $1,501 per month.
- Two-bedroom apartments in Fredericton average $1,742 per month.
- Three-bedroom apartments in Fredericton average $2,055 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in Fredericton, NB?
In the past year, rent has decreased by 0.3%, which averages out to $4 less per month.
Market Trends Over Time
July 2026
2025
2026
Rent Ranges in Fredericton, NB
July 2026
$1,501 - $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
0%
$700 - $1,000/month
22%
$1,001 - $1,500/month
62%
$1,501 - $2,000/month
16%
Above $2,000/month
What salary do I need to live comfortably in Fredericton, NB?
Because the average rent in Fredericton is $1,501, you’ll want to make about $5,003 per month or $60,036 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Fredericton, NB compare to other nearby cities and neighbourhoods?
Use the tool below to compare Fredericton, NB to other nearby cities and neighbourhoods. The Apartments.com neighbourhood guides provide you with insight into the area’s transportation, things to do, and more.
View the Fredericton Area GuideApartment Communities in Fredericton We Think You'll Love
Frequently Asked Questions
What is the average rent in Fredericton?
The average rent in Fredericton is $1,501 per month, which is 14.2% lower than the national average of $1,750.
Are rents going up or down in Fredericton?
Rents in Fredericton, NB are decreasing, with prices down 0.3% year-over-year and $4 less per month.
What rent range is most common in Fredericton?
In Fredericton, NB, 62% of apartments fall between $1,501 - $2,000/month, though prices may vary depending on location and other factors.
Methodology
† Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
* Percentages may not total 100 due to rounding.