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ZIP Code · VA

ZIP 23230

Part of Henrico, VA
Pop. 8,910·Henrico County·127th most expensive ZIP in Virginia
Median rent (all units)
$1,855/mo
Year-over-Year
+5.3%
Month-over-Month
+1.7%
vs US Median
-$110
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 23230 · $1,855
More expensive than 52% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,590
1 BR
$1,670
2 BR
$1,830
3 BR
$2,290
4 BR+
$2,820
Research median
$1,830/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
$22,260/yr
At $1,855/mo median
Location
StateVA
CountyHenrico County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 5.3% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+5.3% YoY, +1.7% MoM), not inventory.
Demographics

Who lives here

ZIP 23230 (Henrico, VA) is majority renter-occupied, skews toward younger working-age adults, 59.8% of residents hold a bachelor's degree or higher.

Population
8,910
Median income
$74,763
Median age
33.8
Renters
65.9%
Age distribution
44.8%
22.6%
12.6%
Under 189%
18–3444.8%
35–5422.6%
55–6411%
65+12.6%
Gender
49.8%
50.2%
Male49.8%
Female50.2%
Race & ethnicity
70%
White70%
Black11.2%
Hispanic10.9%
Asian5.4%
Other2.5%
Education (25+)
20.8%
59.8%
No HS diploma8.1%
HS diploma11.3%
Some college20.8%
Bachelor's+59.8%
Housing tenure
34.1%
65.9%
Owner34.1%
Renter65.9%

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

2021 vs 2026

How ZIP 23230 in Henrico, VA has changed in 5 years

Rent
$1,457 → $1,855
up 27.3%
Income
$64,981 → $74,763
up 15.1%
Population
7,395 → 8,910
up 20.5%
Renter share
61.6% → 65.9%
+4.3 pts
Bachelor's+
50.4% → 59.8%
+9.4 pts
Median age
38.2 → 33.8
-4.4 yrs

The median rent in ZIP 23230 in Henrico, VA stood at $1,457 in 2021 and currently runs about $1,855, reflecting a 27.3% increase over the period. Local incomes tracked alongside that move, going from a median of $64,981 in 2021 to $74,763 more recently. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has grown by 20.5% since 2021, moving from about 7,395 residents to roughly 8,910. Renters now make up 65.9% of households, compared with 61.6% five years ago. College-educated residents now make up 59.8% of adults here, versus 50.4% in 2021. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 23230 in Henrico, VA market of 2021.

Community

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Local insights

Tips for renters in ZIP 23230

About renting in ZIP 23230

Last updated: July 20, 2026

ZIP code 23230 covers Henrico, VA. The median rent here is $1,855/mo as of July 2026. A 1-bedroom rents for a median of $1,670/mo. A 2-bedroom rents for a median of $1,830/mo.

At 30% of local median household income ($74,763/yr), ZIP 23230 ranks as moderate compared to the national benchmark of 30%. Rents have increased 5.3% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 23230?

As of July 20, 2026, the median monthly rent in ZIP 23230 (Henrico, VA) is $1,855. This is based on aggregated data from public sources and community submissions.

How does ZIP 23230 rent compare to the US average?

ZIP 23230's median rent of $1,855/mo is $110 (6%) below the US national median of $1,965/mo.

How does ZIP 23230 compare to other ZIPs in Virginia?

ZIP 23230 falls in the middle range for Virginia, ranking #127 out of 198 ZIPs at $1,855/mo.

How much income do you need to rent in ZIP 23230?

To keep rent at or below 30% of gross income, you would need to earn at least $74,000/year (~$36/hour full-time) to afford the median rent of $1,855/mo in ZIP 23230. The local median household income is $74,763/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 23230?

Rent in ZIP 23230 has increased 5.3% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 23230 an affordable place to rent?

ZIP 23230 is considered moderate for renters. At $1,855/mo, rent takes approximately 30% of the local median household income ($74,763/yr). The standard benchmark is 30%. ZIP 23230 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 23230 residents rent vs. own?

According to Census data, approximately 65.9% of ZIP 23230 households are renters, while 34.1% are owner-occupied. With a majority renter population, ZIP 23230 has a strong rental market.

How does ZIP 23230 compare to the rest of Henrico?

ZIP 23230 is pricier than Henrico as a whole. At $1,855/mo, it's $73 above the Henrico citywide median of $1,782/mo.

When was rent data for ZIP 23230 last updated?

Rent data for ZIP 23230 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
30%
MODERATE

At $1,855/mo, rent takes ~30% of ZIP 23230's median household income ($74,763/yr). The standard benchmark is 30%.

ZIP 23230 30%Benchmark 30%
State income tax2–5.75%
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Schools nearby

Public schools near ZIP 23230 (Henrico, VA)

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