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ZIP Code · VA

ZIP 22401

Pop. 28,731·Fredericksburg City·110th most expensive ZIP in Virginia
Median rent (all units)
$1,967/mo
Year-over-Year
+2.1%
Month-over-Month
-0.9%
vs US Median
+$2
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 22401 · $1,967
More expensive than 59% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,520
1 BR
$1,570
2 BR
$1,750
3 BR
$2,210
4 BR+
$2,600
Research median
$1,750/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
$23,604/yr
At $1,967/mo median
Location
StateVA
CountyFredericksburg 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 (+2.1% YoY, -0.9% MoM), not inventory.
Demographics

Who lives here

ZIP 22401 (Fredericksburg, VA) is majority renter-occupied, skews toward younger working-age adults, 46.2% of residents hold a bachelor's degree or higher.

Population
28,731
Median income
$86,230
Median age
32.3
Renters
60.2%
Age distribution
20.9%
33.6%
23.6%
Under 1820.9%
18–3433.6%
35–5423.6%
55–6410.5%
65+11.5%
Gender
47.6%
52.4%
Male47.6%
Female52.4%
Race & ethnicity
57.1%
20%
12.6%
White57.1%
Black20%
Hispanic12.6%
Asian4%
Other6.3%
Education (25+)
20.2%
25.8%
46.2%
No HS diploma7.8%
HS diploma20.2%
Some college25.8%
Bachelor's+46.2%
Housing tenure
39.8%
60.2%
Owner39.8%
Renter60.2%

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

2021 vs 2026

How ZIP 22401 in Fredericksburg, VA has changed in 5 years

Rent
$1,456 → $1,967
up 35.1%
Income
$71,989 → $86,230
up 19.8%
Population
27,944 → 28,731
up 2.8%
Renter share
61% → 60.2%
-0.8 pts
Bachelor's+
42.5% → 46.2%
+3.7 pts
Median age
30.7 → 32.3
+1.6 yrs

Five years ago, renters in ZIP 22401 in Fredericksburg, VA paid around $1,456 a month. That figure now sits near $1,967, up 35.1% from the 2021 baseline. Census figures show median household income at $86,230 today, compared with $71,989 five years earlier. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show ZIP 22401 in Fredericksburg, VA adding about 787 residents over the five-year window, up 2.8% on net. Bachelor's-degree-or-higher attainment moved from 42.5% to 46.2% across the same window. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.

Community

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Local insights

Tips for renters in ZIP 22401

About renting in ZIP 22401

Last updated: July 20, 2026

ZIP code 22401 covers Fredericksburg, VA. The median rent here is $1,967/mo as of July 2026. A 1-bedroom rents for a median of $1,570/mo. A 2-bedroom rents for a median of $1,750/mo.

At 27% of local median household income ($86,230/yr), ZIP 22401 ranks as affordable compared to the national benchmark of 30%. Rents have increased 2.1% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 22401?

As of July 20, 2026, the median monthly rent in ZIP 22401 (Fredericksburg, VA) is $1,967. This is based on aggregated data from public sources and community submissions.

How does ZIP 22401 rent compare to the US average?

ZIP 22401's median rent of $1,967/mo is $2 (0%) above the US national median of $1,965/mo.

How does ZIP 22401 compare to other ZIPs in Virginia?

ZIP 22401 falls in the middle range for Virginia, ranking #110 out of 198 ZIPs at $1,967/mo.

How much income do you need to rent in ZIP 22401?

To keep rent at or below 30% of gross income, you would need to earn at least $79,000/year (~$38/hour full-time) to afford the median rent of $1,967/mo in ZIP 22401. The local median household income is $86,230/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 22401?

Rent in ZIP 22401 has increased 2.1% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 22401 an affordable place to rent?

ZIP 22401 is considered affordable for renters. At $1,967/mo, rent takes approximately 27% of the local median household income ($86,230/yr). The standard benchmark is 30%. ZIP 22401 falls comfortably within that range.

What percentage of ZIP 22401 residents rent vs. own?

According to Census data, approximately 60.2% of ZIP 22401 households are renters, while 39.8% are owner-occupied. With a majority renter population, ZIP 22401 has a strong rental market.

How does ZIP 22401 compare to the rest of Fredericksburg?

ZIP 22401 is more affordable than Fredericksburg overall. At $1,967/mo, it's $112 below the Fredericksburg citywide median of $2,079/mo.

When was rent data for ZIP 22401 last updated?

Rent data for ZIP 22401 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
27%
AFFORDABLE

At $1,967/mo, rent takes ~27% of ZIP 22401's median household income ($86,230/yr). The standard benchmark is 30%.

ZIP 22401 27%Benchmark 30%
State income tax2–5.75%
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Schools nearby

Public schools near ZIP 22401 (Fredericksburg, VA)

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