ZIP Code · TX

ZIP 78624

Pop. 23,741·Gillespie County·118th most expensive ZIP in Texas
Median rent (all units)
$1,900/mo
Year-over-Year
Stable
Month-over-Month
+1.7%
vs US Median
-$32
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 78624 · $1,900
More expensive than 56% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,160
1 BR
$1,270
2 BR
$1,560
3 BR
$2,060
4 BR+
$2,130
Research median
$1,560/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

What a typical income covers

30% of the median household income ($75,237) is $1,881 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,560); a 3-bedroom is $2,060.

From Zillow's monthly rent index (ZORI) for ZIP 78624. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$22,800/yr
At $1,900/mo median
Location
StateTX
CountyGillespie County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (0.0% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+0.0% YoY, +1.7% MoM), not inventory.
Demographics

Who lives here

ZIP 78624 (Fredericksburg, TX) is majority owner-occupied, has a large retiree population, 38% of residents hold a bachelor's degree or higher.

Population
23,741
Median income
$75,237
Median age
50.5
Renters
26.3%
Age distribution
19.6%
15.5%
19.7%
14.9%
30.3%
Under 1819.6%
18–3415.5%
35–5419.7%
55–6414.9%
65+30.3%
Gender
48.3%
51.7%
Male48.3%
Female51.7%
Race & ethnicity
81.6%
24.3%
White81.6%
Hispanic24.3%
Education (25+)
24%
27.5%
38%
No HS diploma10.5%
HS diploma24%
Some college27.5%
Bachelor's+38%
Housing tenure
73.7%
26.3%
Owner73.7%
Renter26.3%

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

2021 vs 2026

How ZIP 78624 in Fredericksburg, TX has changed in 5 years

Income
$65,496 → $75,237
up 14.9%
Population
23,084 → 23,741
up 2.8%
Renter share
30.3% → 26.3%
-4.0 pts
Bachelor's+
35.7% → 38%
+2.3 pts
Median age
49.4 → 50.5
+1.1 yrs

Local incomes tracked alongside that move, going from a median of $65,496 in 2021 to $75,237 more recently. The population has grown by 2.8% since 2021, moving from about 23,084 residents to roughly 23,741. Renters now make up 26.3% of households, compared with 30.3% five years ago. College-educated residents now make up 38% of adults here, versus 35.7% in 2021.

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Local insights

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About renting in ZIP 78624

Last updated: October 17, 2026

ZIP code 78624 covers Fredericksburg, TX. The median rent here is $1,900/mo as of October 2026. A 1-bedroom rents for a median of $1,270/mo. A 2-bedroom rents for a median of $1,560/mo.

At 30% of local median household income ($75,237/yr), ZIP 78624 ranks as moderate compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 78624?

To keep rent at or below 30% of gross income, you would need to earn at least $76,000/year (about $37/hour full-time) to afford the median rent of $1,900/mo in ZIP 78624. The local median household income is $75,237/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 78624?

Rent in ZIP 78624 has been roughly flat over the past year, a 0.0% change.

How does ZIP 78624 compare to other ZIPs in Texas?

ZIP 78624 is one of the pricier among Texas ZIP codes for rent, ranking #118 of 693 at $1,900/mo.

How does ZIP 78624 compare to the rest of Fredericksburg?

At $1,900/mo, ZIP 78624 is $28 below the Fredericksburg citywide median of $1,928/mo.
Income Affordability
30%
MODERATE

At $1,900/mo, rent takes ~30% of ZIP 78624's median household income ($75,237/yr). The standard benchmark is 30%.

ZIP 78624 30%Benchmark 30%
State income taxNone
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Schools nearby

Public schools near ZIP 78624 (Fredericksburg, TX)

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