5+ Days Ago
Highlights
Pet Friendly
- Modern convenience
- Pet-friendly
- Tall ceilings
- Easy access
Location
503 Hanover St #3, Fredericksburg, VA 22401, USA
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Property Overview
Located in a vibrant downtown area, this property offers the advantage of easy access to local amenities and attractions. Newly updated flooring enhances its appeal, creating a modern living space. Ideal for those seeking convenience and a fresh aesthetic, it presents a unique opportunity for comfortable urban living.
This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Images available- Laundry available on site
- Pet friendly
Great for
Pet owners
Amenities for 503 Hanover St #3
Apartment Amenities
| Gas | High Ceilings |
| Laminate | Radiant |
| Water |
Appliances
| Refrigerator |
Building
| Cats OK | Dogs OK |
| Onsite Laundry | Sewage |
Grounds
| Fenced Yard | Outdoor Space |
Services
| Garbage |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Dog Policy
Allowed
Cat Policy
Allowed
Contact for more information on pet policy.
Questions about this property’s policies and fees?
Building details
Property details
| Lease terms | 12+ months |
|---|
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About 503 Hanover St #3
Property Id: 1580215 Downtown Fredericksburg 1BR - Steps from UMW & Downtown Life - $1,600 Live in the center of Fredericksburg's best attractions. 503 Hanover Street, Apt #3 offers a perfect mix of old charm and modern convenience *updated flooring, tall ceilings, and easy access to cafes, shops, and the university. All utilities except electric included. Pet-friendly with approval. Available November 21st. Ideal for students, medical interns, or remote workers wanting walkability and simplicity.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 503 Hanover St, Fredericksburg, VA 22401, USA compares to other nearby properties.
Positives
- Images available
- There are at least 10 photos of this address
- Laundry available on site
- Washers and dryers are available in-building or in-unit
- Pet friendly
- Rentals at this address allow pets
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 1 mile away
Address details
| Zip code | 22401 |
|---|---|
| Type | Condo for rent |
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Rent trends in Fredericksburg
1-bedroom apartments at 503 Hanover St #3 cost about 14% more than the average rent price for 1-bedroom apartments in Fredericksburg.
Median rents as of Nov 22 2025.
Fredericksburg
| Month | Median Rent |
|---|---|
| December 2023 | $1,486 |
| January 2024 | $1,462 |
| February 2024 | $1,490 |
| March 2024 | $1,497 |
| April 2024 | $1,489 |
| May 2024 | $1,509 |
| June 2024 | $1,524 |
| July 2024 | $1,581 |
| August 2024 | $1,576 |
| September 2024 | $1,579 |
| October 2024 | $1,584 |
| November 2024 | $1,574 |
| December 2024 | $1,564 |
| January 2025 | $1,545 |
| February 2025 | $1,580 |
| March 2025 | $1,561 |
| April 2025 | $1,477 |
| May 2025 | $1,457 |
| June 2025 | $1,547 |
| July 2025 | $1,602 |
| August 2025 | $1,604 |
| September 2025 | $1,549 |
| October 2025 | $1,503 |
| November 2025 | $1,448 |
Affordability calculator
Can I afford to live at 503 Hanover St #3?
Bedrooms
1 bedroomRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$64,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $64,000 annually to afford this 1-bedroom monthly rent price of $1,600.
For more information on rent affordability, visit our rent calculator.
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| Bath | |||||
|---|---|---|---|---|---|
| This month | $1,850 | 2 bed | 1 bath | ||
| Last month | $1,400 | 1 bed | 1 bath | ||
| 11 months ago | $1,750 | 1 bed | 1 bath | ||
| 1 year ago | $2,000 | 1 bed | 1 bath | ||
| 1 year ago | $1,600 | 1 bed | 1 bath |
Schools near 503 Hanover St #3
Walker-Grant Center
210 ferdinand st
fredericksburg, VA, 22401
PKPublic
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Internet available near 503 Hanover St #3
Neighborhood
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Fredericksburg near 503 Hanover St #3
Walking
6/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
8/10
This area is close to freeways and has adequate parking options.
Cycling
5/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
5/10
Frequent public transit options are within walking distance.
Points of interest for 503 Hanover St #3, Fredericksburg
Groceries
8/10
At least one supermarket within a 10-minute walk
Shopping
6/10
Several shops within walking distance
Cafes
5/10
Some cafés within a few minutes’ walk
Restaurants
6/10
Variety of restaurants within a few minutes' walk
Primary schools
9/10
At least one elementary school within a 10-minute walk
High schools
9/10
At least one high school within a 10-minute walk
Nightlife
4/10
Some bars within walking distance
Other units at this address
503 Hanover St, Fredericksburg, VA
503 Hanover St Fredericksburg, VA
Occupied
5
1 Bed
1 Bath
$1,400
On-Site Laundry • Hardwood Floor
Occupied
7
1 Bed
1 Bath
$1,600
On-Site Laundry • Assigned Parking
Occupied
8
2 Beds
1 Bath
$1,850
On-Site Laundry • In-Unit Laundry
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