What is the median rent in Lake Caroline, VA?

Name: Median rent in Lake Caroline, VA, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

The median gross rent in Lake Caroline, VA is $1,764 (±$407) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.

That is across 306 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.

In Lake Caroline, the median gross rent went from $1,352 in 2015–2019 to $1,764 in 2020–2024 (+30.5%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Figures last updated on November 12, 2026.

Median gross rent: $1,764 (±$407)
Rented homes: 306 (±157)
$2,000 or more: 34.0%
Since 2015–2019: +30.5%

How much rent costs in Lake Caroline

Share of rented homes in each gross-rent range, 2020–2024
Monthly gross rent	Lake Caroline	Caroline County	Virginia	United States
Less than $500	0.0% (±12.2 points)	4.0%	5.0%	6.3%
$500 to $999	0.0% (±12.2 points)	28.6%	16.1%	20.2%
$1,000 to $1,499	32.0% (±23.2 points)	29.9%	25.0%	28.1%
$1,500 to $1,999	34.0% (±37.0 points)	26.0%	24.4%	21.1%
$2,000 to $2,499	34.0% (±35.5 points)	10.9%	15.5%	12.0%
$2,500 to $2,999	0.0% (±12.2 points)	0.3%	6.9%	5.5%
$3,000 or more	0.0% (±12.2 points)	0.2%	7.0%	6.8%

The most common range is $1,500 to $1,999, paid by 34.0% of renting households.

34.0% of rented homes in Lake Caroline cost $2,000 or more a month.

Lake Caroline against Caroline County, its state and the nation

Estimate (90% margin of error)
	Lake Caroline	Caroline County	Virginia	United States
Median gross rent	$1,764 (±$407)	$1,293 (±$134)	$1,579 (±$8)	$1,413
Rented homes paying rent	306 (±157)	1,912 (±274)	1,045,770 (±8,216)	42,849,984

In Lake Caroline, median gross rent is higher than in Caroline County ($1,293).

It is not measurably different from Virginia ($1,579).

It is not measurably different from the national figure ($1,413).

In Caroline County, Lake Caroline ranks 1 of 4 places with a published estimate, from highest to lowest median gross rent.

Statewide, it ranks 139 of 428.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How rent in Lake Caroline has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Median gross rent	$1,352 (±$51)	$1,764 (±$407)	+30.5%	No measurable change after inflation
Households that rent	17.2% (±13.5 points)	26.9% (±12.6 points)	+9.7 percentage points	Not a measurable change
Rental vacancy rate	0.0% (±23.3 points)	21.7% (±32.2 points)	+21.7 percentage points	Not a measurable change

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median gross rent in places near Lake Caroline

Nearest places with a published estimate, compared with Lake Caroline
Place	Distance	Median gross rent	Compared with this place
Lake Caroline	—	$1,764 (±$407)	—
Lake Land'Or	2.8 mi	$1,734 (±$49)	Not measurably different
Bowling Green	10 mi	$751 (±$260)	Lower
Spotsylvania Courthouse	15 mi	$1,398 (±$325)	Not measurably different
Ashland	16 mi	$1,229 (±$146)	Lower
Wyndham	21 mi	$2,258 (±$134)	Higher
Mineral	21 mi	$1,267 (±$173)	Lower
Port Royal	21 mi	$1,563 (±$877)	Not measurably different
Fredericksburg	22 mi	$1,619 (±$66)	Not measurably different

Nearby places with a measurably lower figure: Bowling Green, VA ($751), Ashland, VA ($1,229), Mineral, VA ($1,267).

Nearby places with a measurably higher figure: Wyndham, VA ($2,258).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median gross rent across Caroline County, place by place

Rank	Place	Median gross rent
1	Lake Caroline	$1,764 (±$407)
2	Lake Land'Or	$1,734 (±$49)
3	Port Royal	$1,563 (±$877)
4	Bowling Green	$751 (±$260)

Lake Caroline is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Lake Caroline

What is the average rent in Lake Caroline, VA?

The Census Bureau publishes the median rather than the average: the median gross rent in Lake Caroline is $1,764 (±$407) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.

How much has rent gone up in Lake Caroline?

In Lake Caroline, the median gross rent went from $1,352 in 2015–2019 to $1,764 in 2020–2024 (+30.5%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

How many rentals in Lake Caroline cost more than $2,000 a month?

34.0% of rented homes in Lake Caroline have a gross rent of $2,000 or more a month, and 0.0% cost less than $500.

Is rent in Lake Caroline higher than in Caroline County?

In Lake Caroline, median gross rent is higher than in Caroline County ($1,293).

It is not measurably different from Virginia ($1,579).

It is not measurably different from the national figure ($1,413).

Is this the rent for an apartment listed today?

No: these are rents households reported paying across 2020–2024, not asking rents for vacant homes, which usually run higher.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Lake Caroline CDP, Virginia (place:43359, in state:51).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25064_001E, B25064_001M, DP04_0047PE, DP04_0047PM, DP04_0005E, DP04_0005M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0134E, DP04_0134M, DP04_0126E, DP04_0126M, DP04_0127PE, DP04_0127PM, DP04_0128PE, DP04_0128PM, DP04_0129PE, DP04_0129PM, DP04_0130PE, DP04_0130PM, DP04_0131PE, DP04_0131PM, DP04_0132PE, DP04_0132PM, DP04_0133PE, DP04_0133PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.