ZIP Code · VA

ZIP 23075

Pop. 8,347·Henrico County·143rd most expensive ZIP in Virginia
Median rent (all units)
$1,683/mo
Year-over-Year
Stable
Month-over-Month
+1.4%
vs US Median
-$249
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 23075 · $1,683
More affordable than 59% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,340
1 BR
$1,400
2 BR
$1,540
3 BR
$1,950
4 BR+
$2,410
Research median
$1,540/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

What a typical income covers

30% of the median household income ($55,567) is $1,389 a month. That covers HUD's Fair Market Rent for up to a studio ($1,340); a 1-bedroom is $1,400.

Cheaper nearby

ZIP 23223, 4 miles away, rents for 13% less ($1,469/mo), about $2,600 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 23075. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$20,196/yr
At $1,683/mo median
Location
StateVA
CountyHenrico County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (0.0% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+0.0% YoY, +1.4% MoM), not inventory.
Demographics

Who lives here

ZIP 23075 (Highland Springs, VA) is majority owner-occupied, has a median income below the national average, 26.6% of residents hold a bachelor's degree or higher.

Population
8,347
Median income
$55,567
Median age
37.4
Renters
35.3%
Age distribution
19.4%
26.9%
22.8%
13%
17.9%
Under 1819.4%
18–3426.9%
35–5422.8%
55–6413%
65+17.9%
Gender
44%
56%
Male44%
Female56%
Race & ethnicity
31.5%
61.2%
White31.5%
Black61.2%
Hispanic1.9%
Other5.2%
Education (25+)
36.4%
27%
26.6%
No HS diploma10%
HS diploma36.4%
Some college27%
Bachelor's+26.6%
Housing tenure
64.7%
35.3%
Owner64.7%
Renter35.3%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How ZIP 23075 in Highland Springs, VA has changed in 5 years

Income
$44,350 → $55,567
up 25.3%
Population
8,800 → 8,347
down 5.1%
Renter share
44% → 35.3%
-8.7 pts
Bachelor's+
16.4% → 26.6%
+10.2 pts
Median age
36.5 → 37.4
+0.9 yrs

Median household income climbed from $44,350 to $55,567 between 2021 and 2024, a 25.3% shift. Census counts show ZIP 23075 in Highland Springs, VA losing about 453 residents over the five-year window, down 5.1% on net. The renter share has eased from 44% to 35.3%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 16.4% to 26.6% across the same window.

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Local insights

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About renting in ZIP 23075

Last updated: October 17, 2026

ZIP code 23075 covers Highland Springs, VA. The median rent here is $1,683/mo as of October 2026. A 1-bedroom rents for a median of $1,400/mo. A 2-bedroom rents for a median of $1,540/mo.

At 36% of local median household income ($55,567/yr), ZIP 23075 ranks as moderate compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 23075?

To keep rent at or below 30% of gross income, you would need to earn at least $67,000/year (about $32/hour full-time) to afford the median rent of $1,683/mo in ZIP 23075. The local median household income is $55,567/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 23075?

Rent in ZIP 23075 has been roughly flat over the past year, a 0.0% change.

How does ZIP 23075 compare to other ZIPs in Virginia?

ZIP 23075 is one of the more affordable among Virginia ZIP codes for rent, ranking #143 of 194 at $1,683/mo.

How does ZIP 23075 compare to the rest of Highland Springs?

ZIP 23075 sits right at the Highland Springs citywide median of $1,683/mo.
Income Affordability
36%
MODERATE

At $1,683/mo, rent takes ~36% of ZIP 23075's median household income ($55,567/yr). The standard benchmark is 30%.

ZIP 23075 36%Benchmark 30%
State income tax2–5.75%
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Schools nearby

Public schools near ZIP 23075 (Highland Springs, VA)

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