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ZIP Code · VA

ZIP 23112

Pop. 57,016·Chesterfield County·77th most expensive ZIP in Virginia
Median rent (all units)
$2,174/mo
Year-over-Year
+16.6%
Month-over-Month
+2.2%
vs US Median
+$209
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 23112 · $2,174
More expensive than 69% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,720
1 BR
$1,800
2 BR
$1,980
3 BR
$2,480
4 BR+
$3,050
Research median
$1,980/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: July 20, 2026

Annual cost
$26,088/yr
At $2,174/mo median
Location
StateVA
CountyChesterfield County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 16.6% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+16.6% YoY, +2.2% MoM), not inventory.
Demographics

Who lives here

ZIP 23112 (Midlothian, VA) is majority owner-occupied, has a large share of families with children, has a median income above the national average, 52.5% of residents hold a bachelor's degree or higher.

Population
57,016
Median income
$116,465
Median age
39.6
Renters
19.4%
Age distribution
25.2%
18.2%
28.6%
12.3%
15.6%
Under 1825.2%
18–3418.2%
35–5428.6%
55–6412.3%
65+15.6%
Gender
49.2%
50.8%
Male49.2%
Female50.8%
Race & ethnicity
70.1%
13.3%
White70.1%
Black13.3%
Hispanic6.7%
Asian4.8%
Other5.1%
Education (25+)
16.9%
27.3%
52.5%
No HS diploma3.3%
HS diploma16.9%
Some college27.3%
Bachelor's+52.5%
Housing tenure
80.6%
19.4%
Owner80.6%
Renter19.4%

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

2021 vs 2026

How ZIP 23112 in Midlothian, VA has changed in 5 years

Rent
$1,489 → $2,174
up 46.0%
Income
$105,458 → $116,465
up 10.4%
Population
54,453 → 57,016
up 4.7%
Renter share
20.9% → 19.4%
-1.5 pts
Bachelor's+
51.1% → 52.5%
+1.4 pts
Median age
38 → 39.6
+1.6 yrs

Rent in ZIP 23112 in Midlothian, VA has increased 46.0% since 2021, going from about $1,489 per month to roughly $2,174 today. Local incomes tracked alongside that move, going from a median of $105,458 in 2021 to $116,465 more recently. Rent outpaced income growth by roughly 35.6 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Headcount in the area went from 54,453 to 57,016 between 2021 and 2024, a 4.7% change. About 19.4% of households rent today, against 20.9% in 2021. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 23112 in Midlothian, VA market of 2021.

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About renting in ZIP 23112

Last updated: July 20, 2026

ZIP code 23112 covers Midlothian, VA. The median rent here is $2,174/mo as of July 2026. A 1-bedroom rents for a median of $1,800/mo. A 2-bedroom rents for a median of $1,980/mo.

At 22% of local median household income ($116,465/yr), ZIP 23112 ranks as affordable compared to the national benchmark of 30%. Rents have increased 16.6% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 23112?

As of July 20, 2026, the median monthly rent in ZIP 23112 (Midlothian, VA) is $2,174. This is based on aggregated data from public sources and community submissions.

How does ZIP 23112 rent compare to the US average?

ZIP 23112's median rent of $2,174/mo is $209 (11%) above the US national median of $1,965/mo.

How does ZIP 23112 compare to other ZIPs in Virginia?

ZIP 23112 falls in the middle range for Virginia, ranking #77 out of 198 ZIPs at $2,174/mo.

How much income do you need to rent in ZIP 23112?

To keep rent at or below 30% of gross income, you would need to earn at least $87,000/year (~$42/hour full-time) to afford the median rent of $2,174/mo in ZIP 23112. The local median household income is $116,465/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 23112?

Rent in ZIP 23112 has increased 16.6% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 23112 an affordable place to rent?

ZIP 23112 is considered very affordable for renters. At $2,174/mo, rent takes approximately 22% of the local median household income ($116,465/yr). The standard benchmark is 30%. ZIP 23112 falls comfortably within that range.

What percentage of ZIP 23112 residents rent vs. own?

According to Census data, approximately 19.4% of ZIP 23112 households are renters, while 80.6% are owner-occupied. ZIP 23112 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 23112 compare to the rest of Midlothian?

ZIP 23112 is pricier than Midlothian as a whole. At $2,174/mo, it's $102 above the Midlothian citywide median of $2,072/mo.

When was rent data for ZIP 23112 last updated?

Rent data for ZIP 23112 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
22%
VERY AFFORDABLE

At $2,174/mo, rent takes ~22% of ZIP 23112's median household income ($116,465/yr). The standard benchmark is 30%.

ZIP 23112 22%Benchmark 30%
State income tax2–5.75%
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Schools nearby

Public schools near ZIP 23112 (Midlothian, VA)

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