Fredericksburg vs Chesapeake: Housing
| Fredericksburg | Chesapeake | |
|---|---|---|
| Median Home Value | $483,700 | $378,400 |
| Median Gross Rent | $1,619/mo | $1,586/mo |
| Homeownership Rate | 39.7% | 74.4% |
| Rent as Share of Income | 22.6% | 20.0% |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.