Rents are right about where Fredericksburg's 10-year trend predicts.
Rent by unit size
These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,065 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.
Source: HUD Small Area Fair Market Rents. Read the methodology →
12-month history
Last updated: August 17, 2026
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Who lives here
Fredericksburg, VA is majority renter-occupied, skews toward younger working-age adults, 46.1% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Fredericksburg, VA has changed in 5 years
The median rent in Fredericksburg, VA stood at $1,497 in 2021 and currently runs about $2,065, reflecting a 37.9% increase over the period. Local incomes tracked alongside that move, going from a median of $72,293 in 2021 to $86,071 more recently. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has grown by 3.0% since 2021, moving from about 28,027 residents to roughly 28,873. College-educated residents now make up 46.1% of adults here, versus 42.7% in 2021. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the Fredericksburg, VA market of 2021.
Discussions about Fredericksburg
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Can you afford rent in Fredericksburg on your salary?
At $2,065/mo, how Fredericksburg rent compares to typical pay (30% rule).
Fredericksburg rent by bedroom count
Median rent for each apartment size in Fredericksburg. Click any size for full breakdown.
Tips for renters in Fredericksburg
Last updated: August 17, 2026
The median rent in Fredericksburg is $2,065/mo as of August 2026. A studio apartment averages $1,717/mo while a 2-bedroom runs $1,973/mo. One-bedroom apartments average $1,753/mo and 3-bedroom units go for $2,467/mo.
At 29% of local median household income ($86,071/yr), Fredericksburg ranks as affordable compared to the national benchmark of 30%. Rents have increased 6.3% over the past year.
Frequently asked questions
Is Fredericksburg an affordable city for renters?
How much income do you need to rent in Fredericksburg?
Is rent going up or down in Fredericksburg?
Which Fredericksburg neighborhoods have the lowest rent?
How does Fredericksburg rent compare to other cities in Virginia?
Which nearby cities are cheaper to rent in than Fredericksburg?
What percentage of Fredericksburg residents rent vs. own?
How does Fredericksburg rent compare to the national average?
At $2,065/mo, rent takes ~29% of Fredericksburg's median household income ($86,071/yr). The standard benchmark is 30%.
How does this area stack up?
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Estimated from ZIP-level data
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