Fredericksburg city, VA

2024 Fair Market Rents

Tags: 2024 SAFMRS Washington-Arlington-Alexandria, DC-VA-MD HUD Metro FMR Area

Return to the state page to see where Virginia ranks nationally and to view information on other counties. Click on the map to view a different county.

The top one largest cities in Fredericksburg city are Fredericksburg. Fair Market Rents on this page may apply depending on whether the county uses SAFMRs or county level FMRs. Cities in multiple SAFMR areas will have different SAFMRS based on ZIP code.

What type of FMR does Fredericksburg city use?

Fredericksburg city is determined by the HUD to use Small Area Fair Market Rents. 40th percentile FMRs still exist for this county but they are not used.

To learn more about the criteria the HUD uses to determine if a Metro FMR Area requires Small Area Fair Market Rents click here.

How does Fredericksburg city compare?

Fredericksburg city ($2,045) has a 61.5% higher FMR for 2-Bedroom housing than the average of Virginia ($1,266) and therefore a higher gross rent.

Fredericksburg city is rank 1st out of 133 counties. This means the FMRs, or in other words, the gross rent is higher than all other counties. Fredericksburg city is the most expensive county in terms of FMRs.

Rent Tables Fredericksburg city, VA

Fair Market Rent (40th Percentile)

$1,772
studio
$1,803
1-Bedroom
$2,045
2-Bedroom
$2,544
3-Bedroom
$3,015
4-Bedroom

Median Rent (50th Percentile)

$1,901
studio
$1,934
1-Bedroom
$2,194
2-Bedroom
$2,729
3-Bedroom
$3,235
4-Bedroom

Small Market Areas (By Zip Code)

The 90% and 110% SAFMRs represent the minimum and maximum payment standards that can be set by the local Public Housing Authority under regular conditions. The payment standard is the actual value used in Section 8. For more on payment standards click here.

FMRs and SAFMRs are set by the HUD. The local PHA takes these FMR/SAFMR values and may decide to use any value that is within +-10% of the FMR/SAFMR as the payment standard for the areas under their jurisdiction.

For a more in-depth explaination return to the overview page.

ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
22402 $1,330 $1,350 $1,530 $1,900 $2,260
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
22402 $1,197 $1,215 $1,377 $1,710 $2,034
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
22402 $1,463 $1,485 $1,683 $2,090 $2,486

Fair Market Rents on this page apply to the following city in Fredericksburg city, Virginia: Fredericksburg.

These Fair Market Rents also apply to the following ZIP code in Fredericksburg city, Virginia: 22402.

Fredericksburg city, VA is considered part of the following metro FMR area: WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD HUD METRO FMR AREA.

Other counties in the same metro FMR area are: Arlington County, VA, Clarke County, VA, Fairfax County, VA, Fauquier County, VA, Loudoun County, VA, Prince William County, VA, Spotsylvania County, VA, Stafford County, VA, Alexandria city, VA, Fairfax city, VA, Falls Church city, VA, Manassas city, VA, and Manassas Park city, VA.

More on Fredericksburg city, VA

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Fair Market Rents are published by the Department of Housing And Urban Development.