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ZIP Code · VA

ZIP 22408

Pop. 31,586·Spotsylvania County·89th most expensive ZIP in Virginia
Median rent (all units)
$2,110/mo
Year-over-Year
+12.1%
Month-over-Month
+0.3%
vs US Median
+$145
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 22408 · $2,110
More expensive than 66% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,770
1 BR
$1,830
2 BR
$2,040
3 BR
$2,570
4 BR+
$3,030
Research median
$2,040/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
$25,320/yr
At $2,110/mo median
Location
StateVA
CountySpotsylvania County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 12.1% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+12.1% YoY, +0.3% MoM), not inventory.
Demographics

Who lives here

ZIP 22408 (Fredericksburg, VA) is majority owner-occupied, has a median income above the national average, 40.4% of residents hold a bachelor's degree or higher.

Population
31,586
Median income
$110,112
Median age
36.3
Renters
22.1%
Age distribution
23.9%
23.7%
29.6%
Under 1823.9%
18–3423.7%
35–5429.6%
55–6411.4%
65+11.4%
Gender
49.8%
50.2%
Male49.8%
Female50.2%
Race & ethnicity
56.4%
20.3%
14.5%
White56.4%
Black20.3%
Hispanic14.5%
Asian3%
Other5.9%
Education (25+)
26.1%
25.7%
40.4%
No HS diploma7.9%
HS diploma26.1%
Some college25.7%
Bachelor's+40.4%
Housing tenure
77.9%
22.1%
Owner77.9%
Renter22.1%

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

2021 vs 2026

How ZIP 22408 in Fredericksburg, VA has changed in 5 years

Rent
$1,544 → $2,110
up 36.7%
Income
$101,496 → $110,112
up 8.5%
Population
30,489 → 31,586
up 3.6%
Renter share
24.3% → 22.1%
-2.2 pts
Bachelor's+
40.6% → 40.4%
-0.2 pts
Median age
37.8 → 36.3
-1.5 yrs

Across the past five years, the going rent in ZIP 22408 in Fredericksburg, VA has shifted from $1,544 to $2,110, up 36.7% since 2021. Census figures show median household income at $110,112 today, compared with $101,496 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 22408 in Fredericksburg, VA adding about 1,097 residents over the five-year window, up 3.6% on net. The renter share has eased from 24.3% to 22.1%, with owner-occupied housing accounting for the remainder. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.

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Local insights

Tips for renters in ZIP 22408

About renting in ZIP 22408

Last updated: July 20, 2026

ZIP code 22408 covers Fredericksburg, VA. The median rent here is $2,110/mo as of July 2026. A 1-bedroom rents for a median of $1,830/mo. A 2-bedroom rents for a median of $2,040/mo.

At 23% of local median household income ($110,112/yr), ZIP 22408 ranks as affordable compared to the national benchmark of 30%. Rents have increased 12.1% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 22408?

As of July 20, 2026, the median monthly rent in ZIP 22408 (Fredericksburg, VA) is $2,110. This is based on aggregated data from public sources and community submissions.

How does ZIP 22408 rent compare to the US average?

ZIP 22408's median rent of $2,110/mo is $145 (7%) above the US national median of $1,965/mo.

How does ZIP 22408 compare to other ZIPs in Virginia?

ZIP 22408 falls in the middle range for Virginia, ranking #89 out of 198 ZIPs at $2,110/mo.

How much income do you need to rent in ZIP 22408?

To keep rent at or below 30% of gross income, you would need to earn at least $84,000/year (~$40/hour full-time) to afford the median rent of $2,110/mo in ZIP 22408. The local median household income is $110,112/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 22408?

Rent in ZIP 22408 has increased 12.1% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 22408 an affordable place to rent?

ZIP 22408 is considered very affordable for renters. At $2,110/mo, rent takes approximately 23% of the local median household income ($110,112/yr). The standard benchmark is 30%. ZIP 22408 falls comfortably within that range.

What percentage of ZIP 22408 residents rent vs. own?

According to Census data, approximately 22.1% of ZIP 22408 households are renters, while 77.9% are owner-occupied. ZIP 22408 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 22408 compare to the rest of Fredericksburg?

ZIP 22408 is pricier than Fredericksburg as a whole. At $2,110/mo, it's $31 above the Fredericksburg citywide median of $2,079/mo.

When was rent data for ZIP 22408 last updated?

Rent data for ZIP 22408 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
23%
VERY AFFORDABLE

At $2,110/mo, rent takes ~23% of ZIP 22408's median household income ($110,112/yr). The standard benchmark is 30%.

ZIP 22408 23%Benchmark 30%
State income tax2–5.75%
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Schools nearby

Public schools near ZIP 22408 (Fredericksburg, VA)

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