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ZIP Code · VA

ZIP 22903

Pop. 40,372·Albemarle County·97th most expensive ZIP in Virginia
Median rent (all units)
$2,067/mo
Year-over-Year
+8.3%
Month-over-Month
-0.4%
vs US Median
+$102
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 22903 · $2,067
More expensive than 64% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,470
1 BR
$1,660
2 BR
$1,890
3 BR
$2,300
4 BR+
$2,830
Research median
$1,890/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
$24,804/yr
At $2,067/mo median
Location
StateVA
CountyAlbemarle County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 8.3% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+8.3% YoY, -0.4% MoM), not inventory.
Demographics

Who lives here

ZIP 22903 (Charlottesville, VA) is majority renter-occupied, skews toward younger working-age adults, 66.4% of residents hold a bachelor's degree or higher.

Population
40,372
Median income
$69,340
Median age
29.2
Renters
57.8%
Age distribution
15.9%
44%
19.8%
Under 1815.9%
18–3444%
35–5419.8%
55–648.4%
65+11.9%
Gender
48.7%
51.3%
Male48.7%
Female51.3%
Race & ethnicity
66.4%
14.3%
White66.4%
Black14.3%
Hispanic7%
Asian9.2%
Other3.1%
Education (25+)
12.8%
15.3%
66.4%
No HS diploma5.5%
HS diploma12.8%
Some college15.3%
Bachelor's+66.4%
Housing tenure
42.2%
57.8%
Owner42.2%
Renter57.8%

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

2021 vs 2026

How ZIP 22903 in Charlottesville, VA has changed in 5 years

Rent
$1,524 → $2,067
up 35.6%
Income
$62,280 → $69,340
up 11.3%
Population
39,859 → 40,372
up 1.3%
Renter share
60.7% → 57.8%
-2.9 pts
Bachelor's+
63.5% → 66.4%
+2.9 pts

Compared with 2021, rent in ZIP 22903 in Charlottesville, VA has climbed by $543 per month, settling near $2,067 after starting the period at $1,524. Local incomes tracked alongside that move, going from a median of $62,280 in 2021 to $69,340 more recently. Rent outpaced income growth by roughly 24.3 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Headcount in the area went from 39,859 to 40,372 between 2021 and 2024, a 1.3% change. About 57.8% of households rent today, against 60.7% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 63.5% to 66.4%. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 22903 in Charlottesville, VA market of 2021.

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Local insights

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About renting in ZIP 22903

Last updated: July 20, 2026

ZIP code 22903 covers Charlottesville, VA. The median rent here is $2,067/mo as of July 2026. A 1-bedroom rents for a median of $1,660/mo. A 2-bedroom rents for a median of $1,890/mo.

At 36% of local median household income ($69,340/yr), ZIP 22903 ranks as moderate compared to the national benchmark of 30%. Rents have increased 8.3% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 22903?

As of July 20, 2026, the median monthly rent in ZIP 22903 (Charlottesville, VA) is $2,067. This is based on aggregated data from public sources and community submissions.

How does ZIP 22903 rent compare to the US average?

ZIP 22903's median rent of $2,067/mo is $102 (5%) above the US national median of $1,965/mo.

How does ZIP 22903 compare to other ZIPs in Virginia?

ZIP 22903 falls in the middle range for Virginia, ranking #97 out of 198 ZIPs at $2,067/mo.

How much income do you need to rent in ZIP 22903?

To keep rent at or below 30% of gross income, you would need to earn at least $83,000/year (~$40/hour full-time) to afford the median rent of $2,067/mo in ZIP 22903. The local median household income is $69,340/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 22903?

Rent in ZIP 22903 has increased 8.3% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 22903 an affordable place to rent?

ZIP 22903 is considered moderate for renters. At $2,067/mo, rent takes approximately 36% of the local median household income ($69,340/yr). The standard benchmark is 30%. ZIP 22903 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 22903 residents rent vs. own?

According to Census data, approximately 57.8% of ZIP 22903 households are renters, while 42.2% are owner-occupied. With a majority renter population, ZIP 22903 has a strong rental market.

How does ZIP 22903 compare to the rest of Charlottesville?

ZIP 22903 is pricier than Charlottesville as a whole. At $2,067/mo, it's $46 above the Charlottesville citywide median of $2,021/mo.

When was rent data for ZIP 22903 last updated?

Rent data for ZIP 22903 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
36%
MODERATE

At $2,067/mo, rent takes ~36% of ZIP 22903's median household income ($69,340/yr). The standard benchmark is 30%.

ZIP 22903 36%Benchmark 30%
State income tax2–5.75%
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Schools nearby

Public schools near ZIP 22903 (Charlottesville, VA)

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