Performance indicators for the Fredericksburg short-term rental market based on reliable data.
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The highest-performing listings in Fredericksburg.
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Challenging to Investors
STRs are allowed citywide under a Homestay accessory use with low-cost, simple permitting ($30 zoning permit + business license + 1% tax), but strict operational limits (90‑day annual cap, 2 bedrooms/4 guests, resident operator, no accessory structures, adjacent-owner notice) and the need to notify neighbors significantly constrain investor viability; commercial operations must pursue Bed‑and‑Breakfast approvals in limited zones, further limiting scale.
Local STR Agent
STR specialist · Fredericksburg, VA
Fredericksburg is an independent city in Virginia, United States. As of the 2020 census, the population was 27,982. It is 48 miles (77 km) south of Washington, D.C., and 53 miles (85 km) north of Richmond. The Bureau of Economic Analysis of the United States Department of Commerce combines the city of Fredericksburg with neighboring Spotsylvania County for statistical purposes. Located near where the Rappahannock River crosses the Atlantic Seaboard fall line, Fredericksburg was a prominent port in Virginia during the colonial era. During the Civil War, Fredericksburg, located halfway between the capitals of the opposing forces, was the site of the Battle of Fredericksburg and Second Battle of Fredericksburg. These battles are preserved, in part, as the Fredericksburg and Spotsylvania National Military Park. More than 10,000 African-Americans in the region left slavery for freedom in 1862 alone, getting behind Union lines. Tourism is a major part of the economy. Approximately 1.5 million people visit the Fredericksburg area annually, including the battlefield park, the downtown visitor center, events, museums, art shops, galleries, and many historical sites.Fredericksburg is home to Central Park (as of 2004, the second-largest mall on the East Coast). The Spotsylvania Towne Centre is located in Spotsylvania County, adjacent to the city. Major employers include the University of Mary Washington (named for the mother of George Washington, who lived here), Mary Washington Healthcare, and GEICO. Many Fredericksburg area residents commute to work by car, bus, and rail to Washington, D.C., and Richmond, as well as Fairfax, Prince William, and Arlington counties.
