Rental market snapshot for Fredericksburg, Virginia

Fredericksburg, Virginia Rental Property Market Overview

Fredericksburg, Virginia is a vibrant city located in the northern part of the state. According to the US Census, the population of Fredericksburg in 2021 is 28,367. The city is home to a variety of attractions, including historical sites, museums, and outdoor activities. It is also home to a thriving business community, with a variety of restaurants, shops, and other businesses. Fredericksburg is a great place to live, work, and play.

The average rent for an apartment in Fredericksburg is $1,751. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has increased by 3.7% over the past year.

Last Updated January 31, 2023

Average monthly rent graph in Fredericksburg Virginia | Cost of Living

  • The most expensive ZIP Code in Fredericksburg is 22401 with an average price of $2,068
  • The cheapest ZIP Code in Fredericksburg is 22405 with an average price of $1,160

Fredericksburg ZIP Codes with the highest, most expensive rent

#zip codeaverage rent
122401$2,068
222408$1,903
322407$1,780
422406$1,625

Live near Fredericksburg, Virginia's Top Sights and Attractions

Loriella Park is a scenic outdoor destination located in the heart of Virginia. It features a variety of recreational activities, such as walking trails, fishing, and boating. The park also offers a playground, picnic areas, and a large lake. Visitors can also enjoy the natural beauty of the area, with its lush forests and rolling hills. The park is a great place to spend a day outdoors, with plenty of activities to keep everyone entertained.

Monument to the Angel of Marye's Heights is a memorial located on the site of the Battle of Fredericksburg. It is a bronze statue of an angel standing atop a granite base, with her arms outstretched and her wings spread wide. The angel is said to represent the spirit of the Confederate soldiers who fought and died at the battle. The monument is a reminder of the courage and sacrifice of those who fought in the Civil War.

Patriot Park is a large, open green space located in a historic area of Virginia. It features a variety of outdoor activities, including a large playground, walking trails, a pond, and a picnic area. The park also has a memorial to honor the brave soldiers who fought in the Civil War, as well as a monument dedicated to the first president of the United States. Visitors can also enjoy the beautiful views of the surrounding countryside.

Dixon Park is a beautiful park located in Fredericksburg, Virginia. It features a large lake, a playground, a picnic area, and a walking trail. The lake is perfect for fishing, canoeing, and kayaking, and the playground is great for kids of all ages. The picnic area is perfect for a family gathering, and the walking trail is a great way to get some exercise. The park also has a pavilion, which is perfect for hosting events.

Chichester Park is a beautiful park located in Fredericksburg, Virginia. It features a large lake, walking trails, playgrounds, picnic areas, and a disc golf course. The lake is a popular spot for fishing, kayaking, and canoeing. The walking trails are great for a leisurely stroll or a more strenuous hike. The playgrounds are perfect for children of all ages, and the picnic areas provide a great spot for a family gathering. The disc golf course is a great way to spend the day with friends. Chichester Park is a great place to spend the day outdoors and enjoy nature.

John Lee Pratt Memorial Park is a scenic park located on the banks of the Rappahannock River in Fredericksburg, Virginia. The park features a variety of outdoor activities, including a playground, picnic areas, walking trails, and a boat launch. Visitors can also enjoy fishing, kayaking, and canoeing on the river. The park also features a memorial to John Lee Pratt, a local hero who served in the Civil War. The park is a great place to relax and enjoy the beauty of nature.

Virginia Central Trail is a scenic, multi-use trail that stretches over 20 miles from the city of Fredericksburg to the town of Spotsylvania. The trail is perfect for walking, biking, and horseback riding, and it passes through a variety of landscapes, including forests, meadows, and wetlands. Along the way, visitors can enjoy views of the Rappahannock River, historic sites, and wildlife. The trail is well-maintained and offers plenty of rest stops and picnic areas.

Lee Hill Park is a scenic park located in the foothills of Virginia. It features a variety of outdoor activities, including hiking trails, picnic areas, and a playground. The park also has a lake, which is a popular spot for fishing and canoeing. The park is surrounded by lush forests and rolling hills, making it a great spot for a peaceful stroll or a picnic. There are also several pavilions and shelters available for rent, making it a great spot for a family gathering or special event.

Army Recruiting Center is a military facility located in a historic town in the Commonwealth of Virginia. It is a place where potential recruits can learn more about the Army and the opportunities it provides. The center offers a variety of services, including information on enlistment, career options, and educational benefits. It also provides assistance with the application process and offers a variety of resources to help potential recruits make informed decisions. The center is staffed by experienced recruiters who are dedicated to helping individuals find the best fit for their military career.

City Dock is a picturesque waterfront area located on the banks of a river. Visitors can take a leisurely stroll along the boardwalk, take in the views of the river, and explore the many shops and restaurants located in the area. There are also plenty of activities to enjoy, such as kayaking, fishing, and sightseeing. The area is also home to a variety of historical sites, including a Civil War battlefield and a museum.

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Fredericksburg, Virginia area median rent change by ZIP Code map

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How does Fredericksburg compare to other cities in Virginia ?

citymedian price
Virginia Beach$1,871
Chantilly$2,900
Newport News$1,539
Manassas$1,809
Annandale$1,950
Chesterfield$1,600
Harrisonburg$1,125

Average household income in Fredericksburg area graph - US Census

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The median household income in Fredericksburg in 2021 was $69,528. This represents a 56.2% change from 2011 when the median was $44,498.

#categorypercent
0Less than $10,0005.2%
1$10,000 to $14,9994.7%
2$15,000 to $19,9993.0%
3$20,000 to $24,9995.3%
4$25,000 to $29,9992.1%
5$30,000 to $34,9993.7%
6$35,000 to $39,9994.3%
7$40,000 to $44,9992.3%
8$45,000 to $49,9993.5%
9$50,000 to $59,9998.4%
10$60,000 to $74,99910.5%
11$75,000 to $99,99914.6%
12$100,000 to $124,9997.4%
13$125,000 to $149,9996.5%
14$150,000 to $199,99910.7%
15$200,000 or more7.9%

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Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

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Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.
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