ZIP Code · VA

ZIP 22304

Part of Alexandria, VA

Pop. 48,613·Alexandria City·100th most expensive ZIP in Virginia

Median rent (all units)

$1,980/mo

Year-over-Year

-0.3%

Month-over-Month

+0.2%

vs US Median

+$48

Reported rents

Stable (Monthly)

Be the first to discuss 22304 rents ↓

Most AffordableMost Expensive

ZIP 22304 · $1,980

More expensive than 60% of US ZIP codes · National median $1,932/mo

Rent check

Is your rent fair?

Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$1,596

1 BR

$1,646

2 BR

$1,832

3 BR

$2,312

4 BR+

$2,720

Research median

$1,832/mo

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

Rent trends

12-month history

Loading…

Last updated: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

December. Asking rents in ZIP 22304 usually run 1.2% below trend in December and 0.9% above it in May, about $42 a month apart at today's median. Based on 7 years of data.

Compared with the peak

Rent in ZIP 22304 is 2.1% below its high of $2,022 in May 2025, at $1,980 as of September 2026.

Past year vs. the rest of Virginia

Rent in ZIP 22304 changed -0.4% over the year to September 2026. Across the 169 Virginia ZIP codes Zillow tracks, the typical change was +3.4%.

Rent vs. income since 2019

From 2019 to 2024, rent in ZIP 22304 rose 20.7% while median household income rose 23.7% ($82,161 to $101,600). Income kept ahead of rent.

Since before the pandemic

Rent in ZIP 22304 is 20.4% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has risen 4 months in a row, and rose in 5 of the last 12 months.

What a typical income covers

30% of the median household income ($101,600) is $2,540 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($2,300); a 2-bedroom is $2,560.

Rank in Alexandria

3rd cheapest of 7 ZIP codes in Alexandria.

Cheaper nearby

ZIP 20032, 6 miles away, rents for 23% less ($1,529/mo), about $5,400 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 22304. 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.

Annual cost

$23,760/yr

At $1,980/mo median

Location

CityAlexandria

StateVA

CountyAlexandria City

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 (-0.3% YoY, +0.2% MoM), not inventory.

Demographics

Who lives here

ZIP 22304 (Alexandria, VA) is majority renter-occupied, has a median income above the national average, 56.5% of residents hold a bachelor's degree or higher.

Population

48,613

Median income

$101,600

Median age

37.8

Renters

59.1%

Age distribution

17.8%

25.8%

32%

12.6%

Under 1817.8%

18–3425.8%

35–5432%

55–6411.7%

65+12.6%

Gender

48.1%

51.9%

Male48.1%

Female51.9%

Race & ethnicity

40.5%

29.5%

17.5%

White40.5%

Black29.5%

Hispanic17.5%

Asian8.5%

Other4%

Education (25+)

14%

23.1%

56.5%

No HS diploma6.4%

HS diploma14%

Some college23.1%

Bachelor's+56.5%

Housing tenure

40.9%

59.1%

Owner40.9%

Renter59.1%

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

2021 vs 2026

How ZIP 22304 in Alexandria, VA has changed in 5 years

Rent

$1,587 → $1,980

up 24.8%

Income

$91,014 → $101,600

up 11.6%

Population

49,916 → 48,613

down 2.6%

Renter share

60.2% → 59.1%

-1.1 pts

Bachelor's+

57.7% → 56.5%

-1.2 pts

Median age

37.3 → 37.8

+0.5 yrs

Across the past five years, the going rent in ZIP 22304 in Alexandria, VA has shifted from $1,587 to $1,980, up 24.8% since 2021. Local incomes tracked alongside that move, going from a median of $91,014 in 2021 to $101,600 more recently. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show ZIP 22304 in Alexandria, VA losing about 1,303 residents over the five-year window, down 2.6% on net. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 22304 in Alexandria, VA market of 2021.

Community

Discussions about ZIP 22304

No discussions yet. Start the conversation.

Local insights

Tips for renters in ZIP 22304

About renting in ZIP 22304

Last updated: October 17, 2026

ZIP code 22304 covers Alexandria, VA. The median rent here is $1,980/mo as of October 2026. A 1-bedroom rents for a median of $1,646/mo. A 2-bedroom rents for a median of $1,832/mo.

At 23% of local median household income ($101,600/yr), ZIP 22304 ranks as affordable compared to the national benchmark of 30%. Rents have decreased 0.3% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 22304?

To keep rent at or below 30% of gross income, you would need to earn at least $79,000/year (about $38/hour full-time) to afford the median rent of $1,980/mo in ZIP 22304. The local median household income is $101,600/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 22304?

Rent in ZIP 22304 has been roughly flat over the past year as of September 2026, a -0.3% change. It sits 2.1% below its high of $2,022 in May 2025.

When is the cheapest time to rent in ZIP 22304?

Asking rents in ZIP 22304 are usually lowest in December, about 1.2% below their yearly trend, and highest in May, about 0.9% above it. At today's median that is a gap of roughly $42 a month. This pattern comes from 7 years of Zillow rent data.

Has rent outpaced income in ZIP 22304?

No. From 2019 to 2024, rent in ZIP 22304 rose 20.7% while median household income rose 23.7%, from $82,161 to $101,600. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 22304 compare to other ZIPs in Virginia?

ZIP 22304 is in the middle among Virginia ZIP codes for rent, ranking #100 of 194 at $1,980/mo. Over the year to September 2026, rent in ZIP 22304 changed -0.4%, against a typical +3.4% across the 169 Virginia ZIP codes Zillow tracks.