ZIP Code · VA

ZIP 23225

Part of Richmond, VA

Pop. 42,771·Richmond City·166th most expensive ZIP in Virginia

Median rent (all units)

$1,518/mo

Year-over-Year

+1.3%

Month-over-Month

+0.5%

vs US Median

-$414

Reported rents

Stable (Monthly)

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Most AffordableMost Expensive

ZIP 23225 · $1,518

More affordable than 72% of US ZIP codes · National median $1,932/mo

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Medians by bedroom

Rent by unit size

Studio

$1,440

1 BR

$1,500

2 BR

$1,650

3 BR

$2,070

4 BR+

$2,550

Research median

$1,650/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

Cheapest month to sign

December. Asking rents in ZIP 23225 usually run 1.4% below trend in December and 1.4% above it in August, about $43 a month apart at today's median. Based on 10 years of data.

Compared with the peak

Rent in ZIP 23225 is at its highest level since Zillow's records here began in May 2016.

Past year vs. the rest of Virginia

Rent in ZIP 23225 changed +1.3% over the year to September 2026. Across the 169 Virginia ZIP codes Zillow tracks, the typical change was +3.4%.

Rent vs. income since 2019

From 2019 to 2024, rent in ZIP 23225 rose 44.3% while median household income rose 29.5% ($48,603 to $62,949). Rent outpaced income.

Since before the pandemic

Rent in ZIP 23225 is 46.2% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent rose in 7 of the last 12 months.

What a typical income covers

30% of the median household income ($62,949) is $1,574 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($1,500); a 2-bedroom is $1,650.

Rank in Richmond

1st cheapest of 10 ZIP codes in Richmond.

From Zillow's monthly rent index (ZORI) for ZIP 23225. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$18,216/yr

At $1,518/mo median

Location

CityRichmond

StateVA

CountyRichmond City

Rent Market Meter

Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are climbing (1.3% YoY), so leverage tilts toward landlords. Act sooner rather than later.

Based on rent-price momentum (+1.3% YoY, +0.5% MoM), not inventory.

Demographics

Who lives here

ZIP 23225 (Richmond, VA) is roughly split between renters and owners, has a median income below the national average, 41.3% of residents hold a bachelor's degree or higher.

Population

42,771

Median income

$62,949

Median age

36.4

Renters

52.2%

Age distribution

20.4%

26.9%

25.6%

16.4%

Under 1820.4%

18–3426.9%

35–5425.6%

55–6410.7%

65+16.4%

Gender

47.1%

52.9%

Male47.1%

Female52.9%

Race & ethnicity

42.1%

41.3%

15.7%

White42.1%

Black41.3%

Hispanic15.7%

Asian1.7%

Education (25+)

23.5%

24.8%

41.3%

No HS diploma10.3%

HS diploma23.5%

Some college24.8%

Bachelor's+41.3%

Housing tenure

47.8%

52.2%

Owner47.8%

Renter52.2%

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

2021 vs 2026

How ZIP 23225 in Richmond, VA has changed in 5 years

Rent

$1,133 → $1,518

up 34.0%

Income

$56,734 → $62,949

up 11.0%

Population

41,862 → 42,771

up 2.2%

Renter share

50.9% → 52.2%

+1.3 pts

Bachelor's+

41.2% → 41.3%

+0.1 pts

Median age

36.9 → 36.4

-0.5 yrs

Rent in ZIP 23225 in Richmond, VA has climbed 34.0% since 2021, going from about $1,133 per month to roughly $1,518 today. On the earnings side, the typical household in ZIP 23225 in Richmond, VA now reports about $62,949, up from $56,734 in 2021. Rent outpaced income growth by roughly 23.0 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 41,862 to 42,771 between 2021 and 2024, a 2.2% change. For context, the 2021 to 2026 window covers an unusually volatile run for US rents nationally, and ZIP 23225 in Richmond, VA reflects that arc in its own way.

Community

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Local insights

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About renting in ZIP 23225

Last updated: October 17, 2026

ZIP code 23225 covers Richmond, VA. The median rent here is $1,518/mo as of October 2026. A 1-bedroom rents for a median of $1,500/mo. A 2-bedroom rents for a median of $1,650/mo.

At 29% of local median household income ($62,949/yr), ZIP 23225 ranks as affordable compared to the national benchmark of 30%. Rents have increased 1.3% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 23225?

To keep rent at or below 30% of gross income, you would need to earn at least $61,000/year (about $29/hour full-time) to afford the median rent of $1,518/mo in ZIP 23225. The local median household income is $62,949/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 23225?

Rent in ZIP 23225 has risen 1.3% over the past year as of September 2026. That is the highest level since Zillow's records here began in May 2016.

When is the cheapest time to rent in ZIP 23225?

Asking rents in ZIP 23225 are usually lowest in December, about 1.4% below their yearly trend, and highest in August, about 1.4% above it. At today's median that is a gap of roughly $43 a month. This pattern comes from 10 years of Zillow rent data.

Has rent outpaced income in ZIP 23225?

Yes. From 2019 to 2024, rent in ZIP 23225 rose 44.3% while median household income rose 29.5%, from $48,603 to $62,949. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 23225 compare to other ZIPs in Virginia?

ZIP 23225 is one of the more affordable among Virginia ZIP codes for rent, ranking #166 of 194 at $1,518/mo. Over the year to September 2026, rent in ZIP 23225 changed +1.3%, against a typical +3.4% across the 169 Virginia ZIP codes Zillow tracks.