Rents are 2% below what Fredericksburg's 10-year trend predicts — a better deal than its own history suggests.
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 $2,061 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: October 17, 2026
What the numbers show
December. Asking rents in Fredericksburg usually run 0.8% below trend in December and 0.7% above it in July, about $31 a month apart at today's median. Based on 11 years of data.
Rent in Fredericksburg is at its highest level since Zillow's records here began in January 2015.
Rent in Fredericksburg changed +4.2% over the year to September 2026. Across the 66 Virginia cities Zillow tracks, the typical change was +2.5%.
From 2019 to 2024, rent in Fredericksburg rose 41.4% while median household income rose 31.1% ($65,641 to $86,071). Rent outpaced income.
Rent in Fredericksburg is 48.8% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.
Rent has risen 6 months in a row, and rose in 10 of the last 12 months.
30% of the median household income ($86,071) is $2,152 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,973); a 3-bedroom is $2,467.
The priciest of 6 ZIP codes in Fredericksburg, 22405 ($2,330/mo), costs 25% more than the cheapest, 22553 ($1,868/mo).
From Zillow's monthly rent index (ZORI) for Fredericksburg. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.
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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 $1,519 in 2021 and currently runs about $2,061, reflecting a 35.7% 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 $2,061/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: October 17, 2026
The median rent in Fredericksburg is $2,061/mo as of October 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 4.2% over the past year.
Frequently asked questions
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Is rent going up or down in Fredericksburg?
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Has rent outpaced income 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?
At $2,061/mo, rent takes ~29% of Fredericksburg's median household income ($86,071/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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