In Fredericksburg, a typical home is worth $460,300 and typical rent is $1,386 a month. Compared with all of Gillespie County, typical household income is 15% lower and the share of households that own their home is 12 points lower.
Typical home value from Zillow, September 2021 to September 2026: from $488,288 to $511,559.
Typical rent
$1,928a month
Typical rent from Zillow, December 2025 to September 2026: from $1,945 to $1,928.
From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).
Fredericksburg is in Gillespie County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of Gillespie County. See the county
What this place has that others do not, from public data, most unusual first.
1
Nearby, in Kingsland, the typical home value is $230,700: 50% less than in Fredericksburg ($460,300).
2
Nearby, in Kingsland, the typical rent is $892: 36% less than in Fredericksburg ($1,386).
3
63% of households in Fredericksburg own their home, against 75% in Gillespie County.
4
The typical household income in Fredericksburg is $64,534,15% less than in Gillespie County as a whole ($76,162).
Sources: U.S. Census Bureau (Average 2020–2024).
The homes here
Housing in Fredericksburg
What homes there are in Fredericksburg, what they cost, how that changed and how people live, from Census figures (2020–2024).
What homes there are
U.S. Census Bureau, ACS 5-year, 2020–2024
Kind of home
Detached houseAttached houseBuilding of 2 to 4Apartments (5 or more)Mobile homeBoat, RV and otherUnreliable estimate
Fredericksburg
Gillespie County
Texas
United States
Kind of home: Fredericksburg and its comparisons
Measure
Fredericksburg
Gillespie County
Texas
United States
Detached house
75%
73%
64%
61%
Attached house
Unreliable estimate
Unreliable estimate
3%
6%
Building of 2 to 4
11%
5%
5%
8%
Apartments (5 or more)
Unreliable estimate
Unreliable estimate
21%
19%
Mobile home
Unreliable estimate
15%
6%
6%
Boat, RV and other
Unreliable estimate
Unreliable estimate
0%
0%
As in Gillespie County, most homes in Fredericksburg are detached houses (75%).
Year built
Before 19601960–19791980–19992000–20092010 or later
Fredericksburg
Gillespie County
Texas
United States
Year built: Fredericksburg and its comparisons
Measure
Fredericksburg
Gillespie County
Texas
United States
Before 1960
22%
16%
12%
26%
1960–1979
19%
18%
21%
24%
1980–1999
27%
29%
28%
25%
2000–2009
14%
18%
18%
14%
2010 or later
18%
19%
21%
11%
In Fredericksburg, half of the homes were built before 1986; in Gillespie County, before 1991.
What it costs here
U.S. Census Bureau, ACS 5-year, 2020–2024
Value of owner-occupied homes
Unreliable estimate
Under $100KUnreliable
$100K–$200KUnreliable
$200K–$300K11%
$300K–$500K42%
$500K–$750K25%
$750K–$1M12%
$1M or moreUnreliable
Value of owner-occupied homes: Fredericksburg and its comparisons
Measure
Fredericksburg
Under $100K
Unreliable estimate
$100K–$200K
Unreliable estimate
$200K–$300K
11%
$300K–$500K
42%
$500K–$750K
25%
$750K–$1M
12%
$1M or more
Unreliable estimate
Monthly rent with utilities
Unreliable estimate
Under $500Unreliable
$500–$99920%
$1,000–$1,49944%
$1,500–$1,99920%
$2,000–$2,499Unreliable
$2,500–$2,999Unreliable
$3,000 or moreUnreliable
Monthly rent with utilities: Fredericksburg and its comparisons
Measure
Fredericksburg
Under $500
Unreliable estimate
$500–$999
20%
$1,000–$1,499
44%
$1,500–$1,999
20%
$2,000–$2,499
Unreliable estimate
$2,500–$2,999
Unreliable estimate
$3,000 or more
Unreliable estimate
With a mortgage
$2,067 a month
Gillespie County: $2,195 a month
Without a mortgage
$755 a month
Gillespie County: $713 a month
Owners with a mortgage
48%
Gillespie County: 43%
In Fredericksburg, 48% of owners have a mortgage, and their typical cost is $2,067 a month, against $2,195 in Gillespie County. Without one it drops to $755.
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
Fredericksburg+67%
Gillespie County+61%
Texas+65%
United States+53%
Typical rent
Fredericksburg+44%
Gillespie County+41%
Texas+34%
United States+33%
Typical household income
Fredericksburg+28%
Gillespie County+29%
Texas+27%
United States+29%
Change since 2015–2019: Fredericksburg and its comparisons
Measure
Fredericksburg
Gillespie County
Texas
United States
Typical home value
+67%
+61%
+65%
+53%
Typical rent
+44%
+41%
+34%
+33%
Typical household income
+28%
+29%
+27%
+29%
From 2015–2019 to 2020–2024, the typical home value in Fredericksburg rose 67%; in Gillespie County, it rose 61%.
Rents in Fredericksburg rose at about the same pace as in Gillespie County: 44% since 2015–2019, against 41%.
Housing prices ran ahead of income in Fredericksburg: typical income rose 28%, against +67% for home values and +44% for rent.
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: Fredericksburg and its comparisons
Measure
Fredericksburg
Gillespie County
Texas
United States
Rental vacancy
Unreliable estimate
Unreliable estimate
7.7%
5.5%
Homeowner vacancy
Unreliable estimate
Unreliable estimate
1.1%
0.9%
More than one person per room
Unreliable estimate
4.1%
4.8%
3.4%
People per household
2.16
2.36
2.69
2.53
Drive alone
72%
75%
71%
69%
Carpool
12%
11%
10%
9%
Public transit
Unreliable estimate
Unreliable estimate
1%
3%
Walk or bike
Unreliable estimate
Unreliable estimate
2%
3%
Work from home
13%
11%
14%
15%
Other means
Unreliable estimate
Unreliable estimate
2%
2%
Typical commute
Unreliable estimate
10 to 19 minutes
20 to 29 minutes
20 to 29 minutes
On average, a household in Fredericksburg has 2.16 people, fewer than in Gillespie County (2.36).
In Fredericksburg, 72% of workers drive alone to work; in Gillespie County, 75%.
Do the math
What would you pay each month for a home in Fredericksburg?
A typical home costs more than the typical income allows
We start with a typical home in Fredericksburg, worth $460,300, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 73% of the typical household income in Fredericksburg, which is $64,534 a year. For that payment to be 28% of income, a household would need to earn about $167,232 a year.
The calculator's FHA and conventional loan limits are those of all of Gillespie County.
Change the price, the down payment or the loan: the payment updates right away.
Your numbers
Local data
$
Starts at the typical home value in Fredericksburg. Change it to the price you have in mind.
Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.
Down payment
%
That is $16,111 (3.5% of the price). The usual minimum for this loan is 3.5%.
This week's average ± a quarter or half point.
National average as of November 5, 2026 (Freddie Mac); your rate may be different.
Adjust advanced details⌄
Estimated monthly payment
Local data
$3,902
at 7.18% · 30 years
Loan amount
$451,962
Total interest
$650,268
Paid off in
November 2056
Includes $7,773 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $1,506 a month
Tight
$1,506 to $1,936 a month
Hard
more than $1,936 a month
Your payment · 73%
Compared with the typical household income in Fredericksburg ($64,534 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$3,062
Property tax
$445
Home insurance
$192
FHA mortgage insurance (MIP)
$204
You need at least $16,111 for the down payment, plus closing costs.
This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.
Total monthly payment $3,902; principal and interest $3,062.
The city and its county
Fredericksburg and Gillespie County
Fredericksburg is in Gillespie County, Texas. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).
Fredericksburg
Map of Gillespie County, Texas, with Fredericksburg marked. Around it, the neighboring counties.
Fredericksburg
Gillespie County
Other cities with a page
Fredericksburg's own numbers
Typical home value
$460,300
Typical monthly rent
$1,386
Typical yearly household income
$64,534
Households that own their home
63%
Effective property tax rate
1.16%
U.S. Census Bureau, American Community Survey (average 2020–2024).
Numbers for all of Gillespie County
FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,591
Price change over 5 years (FHFA)
+46%
HUD, FHFA and FEMA don't publish these numbers by city.
Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Gillespie County.
A typical home in Fredericksburg is worth $460,300: about the same as the county and 62% above Texas. With the typical household income in Fredericksburg ($64,534 a year), a typical home costs 7.1 times what the household earns in a year.
Years of income to pay for a typical home
The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.
Fredericksburg7.1 years
Gillespie6.0 years
Texas3.6 years
United States4.1 years
Source: U.S. Census Bureau, Average 2020–2024
How prices have changed in Gillespie County
According to FHFA’s house price index, home prices in Gillespie County rose 102% in the 10 years through 2025.
FHFA does not publish this index by city: these are the numbers for all of Gillespie County.
Yearly change in FHFA’s price index in Gillespie County, 2016 to 2025
2016: +6.0% +6.0% 2016
2017: +7.6% +7.6% 2017
2018: +9.3% +9.3% 2018
2019: +5.7% +5.7% 2019
2020: +5.3% +5.3% 2020
2021: +15.1% +15.1% 2021
2022: +26.0% +26.0% 2022
2023: −2.0% −2.0% 2023
2024: −1.3% −1.3% 2024
2025: +4.0% +4.0% 2025
Change in FHFA’s price index in Gillespie County, Texas and the United States
Period
County
Texas
U.S.
Last year (2025)
+4.0%
+0.8%
+2.9%
5 years (2020–2025)
+46%
+44%
+47%
10 years (2015–2025)
+102%
+88%
+85%
The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data
Fredericksburg next to Gillespie County, Texas and the U.S.
Three numbers side by side. “Typical” means the median: half are above it and half below.
Typical home value
Fredericksburg$460,300
Gillespie$460,700
Texas$283,800
United States$332,700
Typical monthly rent
Fredericksburg$1,386
Gillespie$1,340
Texas$1,403
United States$1,413
Typical yearly household income
Fredericksburg$64,534
Gillespie$76,162
Texas$78,476
United States$80,734
See the full table
Fredericksburg next to Gillespie County and Texas
Measure
Fredericksburg
Gillespie County
Texas
U.S.
Typical home value
$460,300
$460,700
$283,800
$332,700
Typical monthly rent
$1,386 ▲3% above the county
$1,340
$1,403
$1,413
Typical yearly household income
$64,534 ▼15% below the county
$76,162
$78,476
$80,734
Households that own their home
63% ▼12 points below the county
75%
63%
65%
Typical yearly property tax
$5,328 ▲19% above the county
$4,496
$4,232
$3,119
Effective property tax rate
1.16% ▲0.18 points above the county
0.98%
1.49%
0.94%
Renters with high rent for their income
59% ▲5 points above the county
54%
52%
51%
“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Gillespie County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.
Four ways to pay for a typical home in Fredericksburg
For a typical $460,300 home in Fredericksburg, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Fredericksburg's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$3,902a month
Least cash to close
Down payment
$16,111
Cash to close
$29,920
Rate
7.18%
Mortgage insurance
FHA MIP · $204
Conventional, 5% down$3,818a month
Down payment
$23,015
Cash to close
$36,824
Rate
7.18%
Mortgage insurance
PMI · $219
Conventional, 20% down, no PMI$3,131a month
Down payment
$92,060
Cash to close
$105,869
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$3,557a month
Down payment
$69,045
Cash to close
$82,854
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in Fredericksburg
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Least cash to close
$3,902
$16,111
$451,963
7.18%
FHA MIP · $204
$29,920
580
Conventional, 5% down
$3,818
$23,015
$437,285
7.18%
PMI · $219
$36,824
620*
Conventional, 20% down, no PMI
$3,131
$92,060
$368,240
7.18%
None
$105,869
620*
ITIN, 15% down (example)
$3,557
$69,045
$391,255
8.18%
None
$82,854
Set by the lender
The option that asks for the least cash to close is FHA, 3.5% down.
Cash to close = down payment plus 3% of the price in closing costs (example).
Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.
Typical rent in Fredericksburg is $1,386 a month: 3% above the county. In Fredericksburg, 59% of renter households pay 30% or more of their income in rent.
HUD publishes a fair market rent for all of Gillespie County, by unit size. To pay the 2-bedroom one ($1,591 a month) without spending more than 30% of your income, you would need to earn $30.60 an hour working full time.
What you need to earn to pay it without spending more than 30% of income, working full time.
HUD fair market rent in Gillespie County (Fiscal year 2027)
Size
Fair rent a month
Hourly wage
Yearly income
Studio
$1,209
$23.25
$48,360
1 bedroom
$1,216
$23.38
$48,640
2 bedrooms
$1,591
$30.60
$63,640
3 bedrooms
$1,896
$36.46
$75,840
4 bedrooms
$2,292
$44.08
$91,680
Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027
By ZIP code
Fair market rent by ZIP code in Fredericksburg
HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Fredericksburg is in ZIP code 78624.
For 2 bedrooms it is $1,600: $9 more than the fair market rent for Gillespie County ($1,591).
Fair market rent by ZIP code and size in Fredericksburg, fiscal year 2027.
ZIP code
Studio
1 bd
2 bd
3 bd
4 bd
78624
$1,210
$1,220
$1,600
$1,960
$2,300
ZIP code2 bd3 bd
78624 $1,600$1,960
1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Fredericksburg when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD)Fiscal year 2027Small Area Fair Market Rents (HUD) (external site)Source: Census Bureau ZCTA-to-place relationship fileData from 2020 dataCensus Bureau ZCTA-to-place relationship file (external site)
HUD lists 6 buildings with rents for lower incomes in Fredericksburg. These are the largest.
Towne Park in Fredericksburg I1125 S Adams St, Fredericksburg 7862488 low-income homes · In service since 2003 · For older adults
Friendship Place700 Friendship LN, Fredericksburg 7862476 low-income homes · 1 bd: 16 · 2 bd: 36 · 3 bd: 24 · In service since 2006
Brentwood Oaks Apts604 S Eagle St, Fredericksburg 7862474 homes, 56 low-income · 1 bd: 8 · 2 bd: 40 · 3 bd: 26 · In service since 1998
Fredricksburg Seniors591 E Highway St, Fredericksburg 7862448 low-income homes · 1 bd: 36 · 2 bd: 12 · In service since 1991
Towne Park in Fredericksburg II1125 S Adams St, Fredericksburg 7862444 homes, 39 low-income · 1 bd: 21 · 2 bd: 18 · In service since 2006 · For older adults
You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.
We found no HUD-approved agencies with an office in Gillespie County. The nearest ones are below; many serve by phone or online.
No down payment, repair or rent-help program on our list is for Fredericksburg or Gillespie County. The ones below are statewide in Texas: they work in Fredericksburg the same as in the rest of the state.
Texas state program for first-time buyers: a 30-year mortgage with down payment assistance.Offered by Texas Department of Housing and Community Affairs (TDHCA).
Texas state program with down payment assistance for any buyer, not only first-time buyers.Offered by Texas Department of Housing and Community Affairs (TDHCA).
Texas state certificate that turns part of your mortgage interest into a credit on your federal tax return.Offered by Texas Department of Housing and Community Affairs (TDHCA).
The HUD-approved agencies closest to the center of Fredericksburg, in a straight line, nearest first. If one says it serves in Spanish, its card says so.
NC
NSC (naca Counseling Subsidiary) - San Antonio, TX
1603 Babcock Rd Suite 200, San Antonio · 57 miles away · Spanish
No legal help resource on our list is for Fredericksburg or Gillespie County in particular.
If you have a problem with your landlord, an eviction notice or a scam, the Legal Services Corporation (LSC) search shows the free legal aid offices that serve your area.
Short answers with the numbers for Fredericksburg and all of Gillespie County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.
How much does a typical home cost in Fredericksburg?
The typical home value in Fredericksburg is $460,300, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Gillespie County it is $460,700.
How much does it cost to rent in Fredericksburg?
Typical rent in Fredericksburg is $1,386 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Gillespie County is $1,591.
What is the FHA loan limit in Fredericksburg?
Fredericksburg uses the FHA limit for all of Gillespie County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.
How much property tax do owners pay in Fredericksburg?
The typical homeowner in Fredericksburg pays $5,328 a year, according to the U.S. Census Bureau. That is 1.16% of the home’s value; in Gillespie County, the rate is 0.98%.
Where can I find free help to buy or rent in Fredericksburg?
We found no HUD-approved counseling agencies with an office in Gillespie County; the nearest ones are on this page. They can help you get ready to buy, with your credit, or with rent.
