ZIP Code · VA

ZIP 22306

Pop. 30,602·Fairfax County·101st most expensive ZIP in Virginia
Median rent (all units)
$1,951/mo
Year-over-Year
-4.7%
Month-over-Month
-0.5%
vs US Median
+$19
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 22306 · $1,951
More expensive than 59% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,770
1 BR
$1,820
2 BR
$2,030
3 BR
$2,560
4 BR+
$3,010
Research median
$2,030/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: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

February. Asking rents in ZIP 22306 usually run 0.8% below trend in February and 1.4% above it in July, about $43 a month apart at today's median. Based on 7 years of data.

Compared with the peak

Rent in ZIP 22306 is 5.7% below its high of $2,068 in December 2024, at $1,951 as of September 2026.

Past year vs. the rest of Virginia

Rent in ZIP 22306 changed -4.7% 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 22306 rose 26.3% while median household income rose 23.7% ($78,534 to $97,132). Rent outpaced income.

Since before the pandemic

Rent in ZIP 22306 is 19.5% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has fallen 7 months in a row, and rose in 1 of the last 12 months.

What a typical income covers

30% of the median household income ($97,132) is $2,428 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($2,030); a 3-bedroom is $2,560.

Rank in Alexandria

2nd cheapest of 7 ZIP codes in Alexandria.

Cheaper nearby

ZIP 20744, 6 miles away, rents for 10% less ($1,754/mo), about $2,400 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 22306. 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
$23,412/yr
At $1,951/mo median
Location
StateVA
CountyFairfax County
Rent Market Meter
Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are softening (down 4.7% YoY), so renters have negotiating leverage.
Based on rent-price momentum (-4.7% YoY, -0.5% MoM), not inventory.
Demographics

Who lives here

ZIP 22306 (Alexandria, VA) is roughly split between renters and owners, has a median income above the national average, 41.8% of residents hold a bachelor's degree or higher.

Population
30,602
Median income
$97,132
Median age
36.3
Renters
49.6%
Age distribution
24.7%
23%
25.5%
13.2%
13.5%
Under 1824.7%
18–3423%
35–5425.5%
55–6413.2%
65+13.5%
Gender
47.3%
52.7%
Male47.3%
Female52.7%
Race & ethnicity
31.8%
22.4%
36.6%
White31.8%
Black22.4%
Hispanic36.6%
Asian9.3%
Education (25+)
15.8%
25.4%
17%
41.8%
No HS diploma15.8%
HS diploma25.4%
Some college17%
Bachelor's+41.8%
Housing tenure
50.4%
49.6%
Owner50.4%
Renter49.6%

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

2021 vs 2026

How ZIP 22306 in Alexandria, VA has changed in 5 years

Rent
$1,688 → $1,951
up 15.6%
Income
$79,864 → $97,132
up 21.6%
Population
33,554 → 30,602
down 8.8%
Renter share
50.3% → 49.6%
-0.7 pts
Bachelor's+
43% → 41.8%
-1.2 pts
Median age
34.4 → 36.3
+1.9 yrs

Rent in ZIP 22306 in Alexandria, VA has increased 15.6% since 2021, going from about $1,688 per month to roughly $1,951 today. Local incomes tracked alongside that move, going from a median of $79,864 in 2021 to $97,132 more recently. Income growth outran rent by about 6.0 percentage points, easing the affordability math somewhat compared with 2021. Headcount in the area went from 33,554 to 30,602 between 2021 and 2024, a 8.8% change. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 22306 in Alexandria, VA market of 2021.

Community

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About renting in ZIP 22306

Last updated: October 17, 2026

ZIP code 22306 covers Alexandria, VA. The median rent here is $1,951/mo as of October 2026. A 1-bedroom rents for a median of $1,820/mo. A 2-bedroom rents for a median of $2,030/mo.

At 24% of local median household income ($97,132/yr), ZIP 22306 ranks as affordable compared to the national benchmark of 30%. Rents have decreased 4.7% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 22306?

To keep rent at or below 30% of gross income, you would need to earn at least $78,000/year (about $38/hour full-time) to afford the median rent of $1,951/mo in ZIP 22306. The local median household income is $97,132/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 22306?

Rent in ZIP 22306 has fallen 4.7% over the past year as of September 2026. It sits 5.7% below its high of $2,068 in December 2024.

When is the cheapest time to rent in ZIP 22306?

Asking rents in ZIP 22306 are usually lowest in February, about 0.8% below their yearly trend, and highest in July, about 1.4% above it. At today's median that is a gap of roughly $43 a month. This pattern comes from 7 years of Zillow rent data.

Has rent outpaced income in ZIP 22306?

Yes. From 2019 to 2024, rent in ZIP 22306 rose 26.3% while median household income rose 23.7%, from $78,534 to $97,132. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 22306 compare to other ZIPs in Virginia?

ZIP 22306 is in the middle among Virginia ZIP codes for rent, ranking #101 of 194 at $1,951/mo. Over the year to September 2026, rent in ZIP 22306 changed -4.7%, against a typical +3.4% across the 169 Virginia ZIP codes Zillow tracks.

How does ZIP 22306 compare to the rest of Alexandria?

At $1,951/mo, ZIP 22306 is $324 below the Alexandria citywide median of $2,275/mo. It is the 2nd cheapest of 7 ZIP codes in Alexandria.
Income Affordability
24%
VERY AFFORDABLE

At $1,951/mo, rent takes ~24% of ZIP 22306's median household income ($97,132/yr). The standard benchmark is 30%.

ZIP 22306 24%Benchmark 30%
State income tax2–5.75%
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Schools nearby

Public schools near ZIP 22306 (Alexandria, VA)

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