ZIP Code · VA

ZIP 22406

Pop. 27,367·Stafford County·107th most expensive ZIP in Virginia
Median rent (all units)
$1,914/mo
Year-over-Year
+5.8%
Month-over-Month
+0.7%
vs US Median
-$18
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 22406 · $1,914
More expensive than 56% of US ZIP codes · National median $1,932/mo
Rent check

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Compare your rent to the local median.

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

Past year vs. the rest of Virginia

Rent in ZIP 22406 changed +5.8% over the year to September 2026. Across the 169 Virginia ZIP codes Zillow tracks, the typical change was +3.4%.

Recent direction

Rent has risen 2 months in a row, and rose in 8 of the last 12 months.

What a typical income covers

30% of the median household income ($129,167) is $3,229 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($3,010).

Rank in Fredericksburg

2nd cheapest of 6 ZIP codes in Fredericksburg.

From Zillow's monthly rent index (ZORI) for ZIP 22406. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$22,968/yr
At $1,914/mo median
Location
StateVA
CountyStafford County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 5.8% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+5.8% YoY, +0.7% MoM), not inventory.
Demographics

Who lives here

ZIP 22406 (Fredericksburg, VA) is majority owner-occupied, has a median income above the national average, 42.1% of residents hold a bachelor's degree or higher.

Population
27,367
Median income
$129,167
Median age
43.3
Renters
23.7%
Age distribution
21%
19.5%
29.2%
13.8%
16.5%
Under 1821%
18–3419.5%
35–5429.2%
55–6413.8%
65+16.5%
Gender
48.4%
51.6%
Male48.4%
Female51.6%
Race & ethnicity
62.4%
16.5%
White62.4%
Black16.5%
Hispanic11.8%
Asian4.9%
Other4.4%
Education (25+)
20.1%
30.6%
42.1%
No HS diploma7.2%
HS diploma20.1%
Some college30.6%
Bachelor's+42.1%
Housing tenure
76.3%
23.7%
Owner76.3%
Renter23.7%

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

2021 vs 2026

How ZIP 22406 in Fredericksburg, VA has changed in 5 years

Income
$105,070 → $129,167
up 22.9%
Population
25,393 → 27,367
up 7.8%
Renter share
26.1% → 23.7%
-2.4 pts
Bachelor's+
40.7% → 42.1%
+1.4 pts
Median age
41.6 → 43.3
+1.7 yrs

Household income in the area moved from $105,070 to $129,167 across the same window, up 22.9% versus 2021. Headcount in the area went from 25,393 to 27,367 between 2021 and 2024, a 7.8% change. About 23.7% of households rent today, against 26.1% in 2021.

Community

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Local insights

Tips for renters in ZIP 22406

About renting in ZIP 22406

Last updated: October 17, 2026

ZIP code 22406 covers Fredericksburg, VA. The median rent here is $1,914/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 18% of local median household income ($129,167/yr), ZIP 22406 ranks as affordable compared to the national benchmark of 30%. Rents have increased 5.8% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 22406?

To keep rent at or below 30% of gross income, you would need to earn at least $77,000/year (about $37/hour full-time) to afford the median rent of $1,914/mo in ZIP 22406. The local median household income is $129,167/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 22406?

Rent in ZIP 22406 has risen 5.8% over the past year.

How does ZIP 22406 compare to other ZIPs in Virginia?

ZIP 22406 is in the middle among Virginia ZIP codes for rent, ranking #107 of 194 at $1,914/mo. Over the year to September 2026, rent in ZIP 22406 changed +5.8%, against a typical +3.4% across the 169 Virginia ZIP codes Zillow tracks.

How does ZIP 22406 compare to the rest of Fredericksburg?

At $1,914/mo, ZIP 22406 is $147 below the Fredericksburg citywide median of $2,061/mo. It is the 2nd cheapest of 6 ZIP codes in Fredericksburg.
Income Affordability
18%
VERY AFFORDABLE

At $1,914/mo, rent takes ~18% of ZIP 22406's median household income ($129,167/yr). The standard benchmark is 30%.

ZIP 22406 18%Benchmark 30%
State income tax2–5.75%
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Schools nearby

Public schools near ZIP 22406 (Fredericksburg, VA)

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