ZIP Code · VA

ZIP 22902

Pop. 23,486·Albemarle County·87th most expensive ZIP in Virginia
Median rent (all units)
$2,066/mo
Year-over-Year
+2.3%
Month-over-Month
+0.6%
vs US Median
+$134
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 22902 · $2,066
More expensive than 65% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,600
1 BR
$1,800
2 BR
$2,050
3 BR
$2,490
4 BR+
$3,070
Research median
$2,050/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

October. Asking rents in ZIP 22902 usually run 0.8% below trend in October and 0.7% above it in March, about $31 a month apart at today's median. Based on 9 years of data.

Compared with the peak

Rent in ZIP 22902 is at its highest level since Zillow's records here began in August 2017.

Past year vs. the rest of Virginia

Rent in ZIP 22902 changed +2.3% 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 22902 rose 37.7% while median household income rose 44.1% ($64,862 to $93,463). Income kept ahead of rent.

Since before the pandemic

Rent in ZIP 22902 is 44.4% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has risen 5 months in a row, and rose in 9 of the last 12 months.

What a typical income covers

30% of the median household income ($93,463) is $2,337 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($2,050); a 3-bedroom is $2,490.

Rank in Charlottesville

2nd cheapest of 4 ZIP codes in Charlottesville.

From Zillow's monthly rent index (ZORI) for ZIP 22902. 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
$24,792/yr
At $2,066/mo median
Location
StateVA
CountyAlbemarle County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (2.3% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+2.3% YoY, +0.6% MoM), not inventory.
Demographics

Who lives here

ZIP 22902 (Charlottesville, VA) is roughly split between renters and owners, has a median income above the national average, 59.4% of residents hold a bachelor's degree or higher.

Population
23,486
Median income
$93,463
Median age
39.7
Renters
46.8%
Age distribution
19.1%
21.3%
30.3%
13.5%
15.9%
Under 1819.1%
18–3421.3%
35–5430.3%
55–6413.5%
65+15.9%
Gender
48.1%
51.9%
Male48.1%
Female51.9%
Race & ethnicity
72.7%
White72.7%
Black10.6%
Hispanic9.8%
Asian5.3%
Other1.6%
Education (25+)
15.9%
17.8%
59.4%
No HS diploma6.8%
HS diploma15.9%
Some college17.8%
Bachelor's+59.4%
Housing tenure
53.2%
46.8%
Owner53.2%
Renter46.8%

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

2021 vs 2026

How ZIP 22902 in Charlottesville, VA has changed in 5 years

Rent
$1,532 → $2,066
up 34.9%
Income
$79,447 → $93,463
up 17.6%
Population
25,318 → 23,486
down 7.2%
Renter share
48.6% → 46.8%
-1.8 pts
Bachelor's+
53.8% → 59.4%
+5.6 pts
Median age
38.4 → 39.7
+1.3 yrs

Across the past five years, the going rent in ZIP 22902 in Charlottesville, VA has shifted from $1,532 to $2,066, up 34.9% since 2021. Census figures show median household income at $93,463 today, compared with $79,447 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 22902 in Charlottesville, VA losing about 1,832 residents over the five-year window, down 7.2% on net. The renter share has eased from 48.6% to 46.8%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 53.8% to 59.4% across the same window. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.

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About renting in ZIP 22902

Last updated: October 17, 2026

ZIP code 22902 covers Charlottesville, VA. The median rent here is $2,066/mo as of October 2026. A 1-bedroom rents for a median of $1,800/mo. A 2-bedroom rents for a median of $2,050/mo.

At 27% of local median household income ($93,463/yr), ZIP 22902 ranks as affordable compared to the national benchmark of 30%. Rents have increased 2.3% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 22902?

To keep rent at or below 30% of gross income, you would need to earn at least $83,000/year (about $40/hour full-time) to afford the median rent of $2,066/mo in ZIP 22902. The local median household income is $93,463/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 22902?

Rent in ZIP 22902 has risen 2.3% over the past year as of September 2026. That is the highest level since Zillow's records here began in August 2017.

When is the cheapest time to rent in ZIP 22902?

Asking rents in ZIP 22902 are usually lowest in October, about 0.8% below their yearly trend, and highest in March, about 0.7% above it. At today's median that is a gap of roughly $31 a month. This pattern comes from 9 years of Zillow rent data.

Has rent outpaced income in ZIP 22902?

No. From 2019 to 2024, rent in ZIP 22902 rose 37.7% while median household income rose 44.1%, from $64,862 to $93,463. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 22902 compare to other ZIPs in Virginia?

ZIP 22902 is in the middle among Virginia ZIP codes for rent, ranking #87 of 194 at $2,066/mo. Over the year to September 2026, rent in ZIP 22902 changed +2.3%, against a typical +3.4% across the 169 Virginia ZIP codes Zillow tracks.

How does ZIP 22902 compare to the rest of Charlottesville?

At $2,066/mo, ZIP 22902 is $37 above the Charlottesville citywide median of $2,029/mo. It is the 2nd cheapest of 4 ZIP codes in Charlottesville.
Income Affordability
27%
AFFORDABLE

At $2,066/mo, rent takes ~27% of ZIP 22902's median household income ($93,463/yr). The standard benchmark is 30%.

ZIP 22902 27%Benchmark 30%
State income tax2–5.75%
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Schools nearby

Public schools near ZIP 22902 (Charlottesville, VA)

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