ZIP Code · VA

ZIP 23111

Part of Mechanicsville, VA

Pop. 38,070·Hanover County·64th most expensive ZIP in Virginia

Median rent (all units)

$2,224/mo

Year-over-Year

Stable

Month-over-Month

Stable

vs US Median

+$292

Reported rents

Stable (Monthly)

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Most AffordableMost Expensive

ZIP 23111 · $2,224

More expensive than 71% of US ZIP codes · National median $1,932/mo

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Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$1,570

1 BR

$1,640

2 BR

$1,800

3 BR

$2,250

4 BR+

$2,780

Research median

$1,800/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

Past year vs. the rest of Virginia

Rent in ZIP 23111 changed +1.9% over the year to September 2026. Across the 169 Virginia ZIP codes Zillow tracks, the typical change was +3.4%.

Recent direction

Rent rose in 6 of the last 12 months.

What a typical income covers

30% of the median household income ($98,969) is $2,474 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($2,250); a 4-bedroom is $2,780.

Cheaper nearby

ZIP 23075, 5 miles away, rents for 24% less ($1,683/mo), about $6,500 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 23111. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$26,688/yr

At $2,224/mo median

Location

CityMechanicsville

StateVA

CountyHanover County

Rent Market Meter

Balanced Market

Renter's MarketBalancedLandlord's Market

Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.

Based on rent-price momentum (+0.0% YoY, +0.0% MoM), not inventory.

Demographics

Who lives here

ZIP 23111 (Mechanicsville, VA) is majority owner-occupied, has a large retiree population, has a median income above the national average, 33.1% of residents hold a bachelor's degree or higher.

Population

38,070

Median income

$98,969

Median age

43.1

Renters

23.4%

Age distribution

20%

19.4%

25.2%

14.3%

21.1%

Under 1820%

18–3419.4%

35–5425.2%

55–6414.3%

65+21.1%

Gender

49.2%

50.8%

Male49.2%

Female50.8%

Race & ethnicity

84.7%

White84.7%

Black7.2%

Hispanic2.4%

Asian1.4%

Other4.4%

Education (25+)

29.6%

31.8%

33.1%

No HS diploma5.5%

HS diploma29.6%

Some college31.8%

Bachelor's+33.1%

Housing tenure

76.6%

23.4%

Owner76.6%

Renter23.4%

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

2021 vs 2026

How ZIP 23111 in Mechanicsville, VA has changed in 5 years

Income

$82,854 → $98,969

up 19.4%

Population

37,160 → 38,070

up 2.4%

Renter share

21% → 23.4%

+2.4 pts

Bachelor's+

32.4% → 33.1%

+0.7 pts

Median age

42.4 → 43.1

+0.7 yrs

Median household income grew from $82,854 to $98,969 between 2021 and 2024, a 19.4% shift. Headcount in the area went from 37,160 to 38,070 between 2021 and 2024, a 2.4% change. About 23.4% of households rent today, against 21% in 2021.

Community

Discussions about ZIP 23111

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Local insights

Tips for renters in ZIP 23111

About renting in ZIP 23111

Last updated: October 17, 2026

ZIP code 23111 covers Mechanicsville, VA. The median rent here is $2,224/mo as of October 2026. A 1-bedroom rents for a median of $1,640/mo. A 2-bedroom rents for a median of $1,800/mo.

At 27% of local median household income ($98,969/yr), ZIP 23111 ranks as affordable 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 23111?

To keep rent at or below 30% of gross income, you would need to earn at least $89,000/year (about $43/hour full-time) to afford the median rent of $2,224/mo in ZIP 23111. The local median household income is $98,969/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 23111?

Rent in ZIP 23111 has been roughly flat over the past year, a 0.0% change.

How does ZIP 23111 compare to other ZIPs in Virginia?

ZIP 23111 is one of the pricier among Virginia ZIP codes for rent, ranking #64 of 194 at $2,224/mo. Over the year to September 2026, rent in ZIP 23111 changed +1.9%, against a typical +3.4% across the 169 Virginia ZIP codes Zillow tracks.