ZIP Code · VA

ZIP 23222

Part of Richmond, VA

Pop. 26,322·Richmond City·144th most expensive ZIP in Virginia

Median rent (all units)

$1,682/mo

Year-over-Year

+5.8%

Month-over-Month

+0.3%

vs US Median

-$250

Reported rents

Stable (Monthly)

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Most AffordableMost Expensive

ZIP 23222 · $1,682

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

Compared with the peak

Rent in ZIP 23222 is at its highest level since Zillow's records here began in January 2022.

Past year vs. the rest of Virginia

Rent in ZIP 23222 changed +5.8% over the year to September 2026. Across the 169 Virginia ZIP codes Zillow tracks, the typical change was +3.4%.

Recent direction

Rent has risen 3 months in a row, and rose in 9 of the last 12 months.

What a typical income covers

30% of the median household income ($61,345) is $1,534 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($1,400); a 2-bedroom is $1,540.

Rank in Richmond

5th cheapest of 10 ZIP codes in Richmond.

Cheaper nearby

ZIP 23223, 3 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 23222. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$20,184/yr

At $1,682/mo median

Location

CityRichmond

StateVA

CountyRichmond City

Rent Market Meter

Strong Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are up 5.8% year-over-year. Expect competition, and move quickly to lock in terms.

Based on rent-price momentum (+5.8% YoY, +0.3% MoM), not inventory.

Demographics

Who lives here

ZIP 23222 (Richmond, VA) is majority owner-occupied, has a median income below the national average, 35.6% of residents hold a bachelor's degree or higher.

Population

26,322

Median income

$61,345

Median age

34.1

Renters

42.3%

Age distribution

24.7%

27.2%

22.5%

15.6%

Under 1824.7%

18–3427.2%

35–5422.5%

55–6410%

65+15.6%

Gender

43.7%

56.3%

Male43.7%

Female56.3%

Race & ethnicity

20.1%

70.5%

White20.1%

Black70.5%

Hispanic2.4%

Asian2.7%

Other4.2%

Education (25+)

28.1%

27.9%

35.6%

No HS diploma8.5%

HS diploma28.1%

Some college27.9%

Bachelor's+35.6%

Housing tenure

57.7%

42.3%

Owner57.7%

Renter42.3%

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

2022 vs 2026

How ZIP 23222 in Richmond, VA has changed in 5 years

Rent

$1,273 → $1,682

up 32.1%

Income

$49,805 → $61,345

up 23.2%

Population

28,375 → 26,322

down 7.2%

Renter share

47.4% → 42.3%

-5.1 pts

Bachelor's+

24.2% → 35.6%

+11.4 pts

Five years ago, renters in ZIP 23222 in Richmond, VA paid around $1,273 a month. That figure now sits near $1,682, up 32.1% from the 2022 baseline. On the earnings side, the typical household in ZIP 23222 in Richmond, VA now reports about $61,345, up from $49,805 in 2021. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show ZIP 23222 in Richmond, VA losing about 2,053 residents over the five-year window, down 7.2% on net. The renter share has eased from 47.4% to 42.3%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 24.2% to 35.6% across the same window. For context, the 2022 to 2026 window covers an unusually volatile run for US rents nationally, and ZIP 23222 in Richmond, VA reflects that arc in its own way.

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About renting in ZIP 23222

Last updated: October 17, 2026

ZIP code 23222 covers Richmond, VA. The median rent here is $1,682/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 33% of local median household income ($61,345/yr), ZIP 23222 ranks as moderate compared to the national benchmark of 30%. Rents have increased 5.8% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 23222?

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 $1,682/mo in ZIP 23222. The local median household income is $61,345/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 23222?

Rent in ZIP 23222 has risen 5.8% over the past year as of September 2026. That is the highest level since Zillow's records here began in January 2022.

How does ZIP 23222 compare to other ZIPs in Virginia?

ZIP 23222 is one of the more affordable among Virginia ZIP codes for rent, ranking #144 of 194 at $1,682/mo. Over the year to September 2026, rent in ZIP 23222 changed +5.8%, against a typical +3.4% across the 169 Virginia ZIP codes Zillow tracks.