Fort Lee, VA
Full City Profile · Virginia · Petersburg city County
3.7
/5.0
B+
Good
8,318
Population
1,396/sq mi density
$81,105
Median Income
$27,451 per capita
$1,813
Median Rent
30.4% income on rent
59°F
Avg Temperature
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.4 / 5.0
$81,105 median income, 28.4% unemployment
A
Affordability
4.1 / 5.0
B+
Education
3.5 / 5.0
31.8% bachelor's degree or higher
Housing Overview
Median Rent
$1,813/mo
56% above
US avg: $1,163/mo
Homeownership Rate
2.3%
96% below US avg (65.4%)
Total Housing Units
1,618
Median year built: 2005
Ownership vs. Renting
2.3%
Owner-Occupied
97.7%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,137/mo
1 Bedroom
$1,181/mo
2 Bedroom
$1,369/mo
3 Bedroom
$1,787/mo
4 Bedroom
$2,126/mo
Census median rent:
$1,813/mo
Affordability & Housing Stock
Rent Burden
30.4%
of renters spending 30%+ of income on housing
2% below US avg (31.0%)
Median Year Built
2005
Average age of housing stock: 21 years
Homeownership Rate
2.3%
Complete Housing Data
Home Values
| Zillow Home Value (ZHVI) | $228,181 |
Rent
| Census Median Rent | $1,813 |
| FMR Studio | $1,137 |
| FMR 1-Bedroom | $1,181 |
| FMR 2-Bedroom | $1,369 |
| FMR 3-Bedroom | $1,787 |
| FMR 4-Bedroom | $2,126 |
Market
Ownership & Stock
| Owner-Occupied | 2.3% |
| Renter-Occupied | 97.7% |
| Homeownership Rate | 2.3% |
| Total Housing Units | 1,618 |
| Median Year Built | 2005 |
| Rent Burden | 30.4% |