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Southern Gateway, VA

Full City Profile · Virginia · Fredericksburg city County

3.5 /5.0
B+ Good
2,224 Population 693/sq mi density
$94,383 Median Income $40,461 per capita
$246,300 Home Value $475,651 Zillow
$1,853 Median Rent 29.0% income on rent
57°F Avg Temperature 293 sunny days/yr
449 Violent Crime/100K 4,112 property/100K
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.7 / 5.0
$94,383 median income, 3.1% unemployment
A+
Affordability
5.0 / 5.0
$246,300 home value, $1,853/mo rent
F
Safety
1.0 / 5.0
449 violent crimes/100K (18% above avg)
B
Education
3.4 / 5.0
29.9% bachelor's degree or higher

Housing Overview

Median Home Value
$246,300
13% below
US avg: $281,900
Median Rent
$1,853/mo
59% above
US avg: $1,163/mo
Homeownership Rate
35.1%
46% below US avg (65.4%)
Total Housing Units
1,239
Median year built: 1995

Home Value by Source

Census Median
$246,300
Zillow (ZHVI)
$475,651
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

35.1%
Owner-Occupied
64.9%
Renter-Occupied
35%
65%
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: $1,853/mo

Affordability & Housing Stock

Rent Burden
29.0%
of renters spending 30%+ of income on housing
6% below US avg (31.0%)
Median Year Built
1995
Average age of housing stock: 31 years
Homeownership Rate
35.1%

Complete Housing Data

Home Values

Census Median Value$246,300
Zillow Home Value (ZHVI)$475,651

Rent

Census Median Rent$1,853
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-Occupied35.1%
Renter-Occupied64.9%
Homeownership Rate35.1%
Total Housing Units1,239
Median Year Built1995
Rent Burden29.0%