City Report · TX

Fredericksburg

Pop. 11,419·44th most expensive in Texas·Rental market data updated monthly for Fredericksburg, TX
Median rent (all units)
$2,033/mo
Year-over-Year
Stable
Month-over-Month
+0.7%
vs US Median
+$68
Rising (Monthly)
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Most AffordableMost Expensive
Fredericksburg · $2,033
More expensive than 61% of US cities · National median $1,965/mo
Affordability
38% of income
MODERATE
0%30% benchmark60%+

At $2,033/mo, rent takes about 38% of the local median household income, slightly above the 30% benchmark.

Income to afford
$81,000/yr
Local median income
$64,534/yr
Based on the 30%-of-income rule using Fredericksburg's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$1,110
1 BR
$1,230
2 BR
$1,510
3 BR
$1,990
4 BR+
$2,250
Research median
$1,510/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$24,396/yr
At $2,033/mo median
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (+0.0% YoY, +0.7% MoM), not inventory.
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Demographics

Who lives here

Fredericksburg, TX is majority owner-occupied, has a large retiree population, has a median income below the national average, 43.3% of residents hold a bachelor's degree or higher.

Population
11,419
Median income
$64,534
Median age
48.5
Renters
36.9%
Age distribution
19.3%
16.2%
21.3%
32%
Under 1819.3%
18–3416.2%
35–5421.3%
55–6411.2%
65+32%
Gender
46.6%
53.4%
Male46.6%
Female53.4%
Race & ethnicity
84.6%
18.6%
White84.6%
Black0.7%
Hispanic18.6%
Asian0.5%
Education (25+)
20.7%
26.6%
43.3%
No HS diploma9.5%
HS diploma20.7%
Some college26.6%
Bachelor's+43.3%
Housing tenure
63.1%
36.9%
Owner63.1%
Renter36.9%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Fredericksburg, TX has changed in 5 years

Income
$54,771 → $64,534
up 17.8%
Population
10,864 → 11,419
up 5.1%
Renter share
35.8% → 36.9%
+1.1 pts
Bachelor's+
36.7% → 43.3%
+6.6 pts
Median age
51.1 → 48.5
-2.6 yrs

On the earnings side, the typical household in Fredericksburg, TX now reports about $64,534, up from $54,771 in 2021. The population has grown by 5.1% since 2021, moving from about 10,864 residents to roughly 11,419. College-educated residents now make up 43.3% of adults here, versus 36.7% in 2021.

Community

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View Fredericksburg rent history (2015–2026) →
Salary vs rent

Can you afford rent in Fredericksburg on your salary?

At $2,033/mo, how Fredericksburg rent compares to typical pay (30% rule).

By apartment size

Fredericksburg rent by bedroom count

Median rent for each apartment size in Fredericksburg. Click any size for full breakdown.

Local insights

Tips for renters in Fredericksburg

About renting in Fredericksburg, TX

Last updated: July 20, 2026

The median rent in Fredericksburg is $2,033/mo as of July 2026. A studio apartment averages $1,110/mo while a 2-bedroom runs $1,510/mo. One-bedroom apartments average $1,230/mo and 3-bedroom units go for $1,990/mo.

At 38% of local median household income ($64,534/yr), Fredericksburg ranks as moderate compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

Is Fredericksburg an affordable city for renters?

Fredericksburg is considered moderate for renters. At $2,033/mo, rent takes approximately 38% of the local median household income ($64,534/yr). The standard benchmark is 30%. Fredericksburg slightly exceeds that threshold, so budgeting carefully matters here.

How much income do you need to rent in Fredericksburg?

To keep rent at or below 30% of gross income, you would need to earn at least $81,000/year (~$39/hour full-time) to afford the median rent of $2,033/mo in Fredericksburg. The local median household income is $64,534/yr, meaning the typical Fredericksburg household falls short of that threshold.

Is rent going up or down in Fredericksburg?

Rent in Fredericksburg has been relatively stable over the past year, with a 0.0% change year over year as of July 2026.

How does Fredericksburg rent compare to other cities in Texas?

Fredericksburg is one of the pricier cities in Texas for rent, ranking #44 out of 269 tracked cities at $2,033/mo.

Which nearby cities are cheaper to rent in than Fredericksburg?

Several nearby cities have lower median rents than Fredericksburg ($2,033/mo): Boerne ($1,485/mo), Spring Branch ($1,650/mo), Canyon Lake ($1,699/mo).

What percentage of Fredericksburg residents rent vs. own?

According to Census data, approximately 36.9% of Fredericksburg households are renters, while 63.1% are owner-occupied. Fredericksburg leans toward homeownership, which can mean a smaller rental inventory.

How does Fredericksburg rent compare to the national average?

Fredericksburg's median rent of $2,033/mo is $68 (3%) above the US national median of $1,965/mo. Within Texas, it ranks #44 out of 269 tracked cities.
Income Affordability
38%
MODERATE

At $2,033/mo, rent takes ~38% of Fredericksburg's median household income ($64,534/yr). The standard benchmark is 30%.

Fredericksburg 38%Benchmark 30%
State income taxNone
Run the Fredericksburg affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Fredericksburg, TX

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