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ZIP Code · VA

ZIP 23236

Part of Richmond, VA
Pop. 27,903·Chesterfield County·146th most expensive ZIP in Virginia
Median rent (all units)
$1,689/mo
Year-over-Year
+8.3%
Month-over-Month
-6.6%
vs US Median
-$276
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 23236 · $1,689
More affordable than 60% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,357
1 BR
$1,412
2 BR
$1,554
3 BR
$1,949
4 BR+
$2,398
Research median
$1,554/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
$20,268/yr
At $1,689/mo median
Location
StateVA
CountyChesterfield County
Rent Market Meter
Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are softening (up only 8.3% YoY), so renters have negotiating leverage.
Based on rent-price momentum (+8.3% YoY, -6.6% MoM), not inventory.
Demographics

Who lives here

ZIP 23236 (Richmond, VA) is majority owner-occupied, has a large retiree population, has a median income above the national average, 47.3% of residents hold a bachelor's degree or higher.

Population
27,903
Median income
$110,499
Median age
40.7
Renters
15.8%
Age distribution
20.5%
19.8%
26.5%
12.6%
20.5%
Under 1820.5%
18–3419.8%
35–5426.5%
55–6412.6%
65+20.5%
Gender
47.5%
52.5%
Male47.5%
Female52.5%
Race & ethnicity
65.2%
21%
White65.2%
Black21%
Hispanic7.5%
Asian2.5%
Other3.9%
Education (25+)
21.5%
24.6%
47.3%
No HS diploma6.6%
HS diploma21.5%
Some college24.6%
Bachelor's+47.3%
Housing tenure
84.2%
15.8%
Owner84.2%
Renter15.8%

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

2021 vs 2026

How ZIP 23236 in Richmond, VA has changed in 5 years

Income
$88,609 → $110,499
up 24.7%
Population
25,924 → 27,903
up 7.6%
Renter share
12.5% → 15.8%
+3.3 pts
Bachelor's+
42.4% → 47.3%
+4.9 pts
Median age
41.2 → 40.7
-0.5 yrs

Local incomes tracked alongside that move, going from a median of $88,609 in 2021 to $110,499 more recently. Census counts show ZIP 23236 in Richmond, VA adding about 1,979 residents over the five-year window, up 7.6% on net. The renter share has risen from 12.5% to 15.8%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 42.4% to 47.3% across the same window.

Community

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Local insights

Tips for renters in ZIP 23236

About renting in ZIP 23236

Last updated: July 20, 2026

ZIP code 23236 covers Richmond, VA. The median rent here is $1,689/mo as of July 2026. A 1-bedroom rents for a median of $1,412/mo. A 2-bedroom rents for a median of $1,554/mo.

At 18% of local median household income ($110,499/yr), ZIP 23236 ranks as affordable compared to the national benchmark of 30%. Rents have increased 8.3% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 23236?

As of July 20, 2026, the median monthly rent in ZIP 23236 (Richmond, VA) is $1,689. This is based on aggregated data from public sources and community submissions.

How does ZIP 23236 rent compare to the US average?

ZIP 23236's median rent of $1,689/mo is $276 (14%) below the US national median of $1,965/mo.

How does ZIP 23236 compare to other ZIPs in Virginia?

ZIP 23236 is among the more affordable ZIP codes in Virginia, ranking #146 out of 198 ZIPs at $1,689/mo.

How much income do you need to rent in ZIP 23236?

To keep rent at or below 30% of gross income, you would need to earn at least $68,000/year (~$33/hour full-time) to afford the median rent of $1,689/mo in ZIP 23236. The local median household income is $110,499/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 23236?

Rent in ZIP 23236 has increased 8.3% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 23236 an affordable place to rent?

ZIP 23236 is considered very affordable for renters. At $1,689/mo, rent takes approximately 18% of the local median household income ($110,499/yr). The standard benchmark is 30%. ZIP 23236 falls comfortably within that range.

What percentage of ZIP 23236 residents rent vs. own?

According to Census data, approximately 15.8% of ZIP 23236 households are renters, while 84.2% are owner-occupied. ZIP 23236 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 23236 compare to the rest of Richmond?

ZIP 23236 is pricier than Richmond as a whole. At $1,689/mo, it's $7 above the Richmond citywide median of $1,682/mo.

When was rent data for ZIP 23236 last updated?

Rent data for ZIP 23236 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
18%
VERY AFFORDABLE

At $1,689/mo, rent takes ~18% of ZIP 23236's median household income ($110,499/yr). The standard benchmark is 30%.

ZIP 23236 18%Benchmark 30%
State income tax2–5.75%
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Schools nearby

Public schools near ZIP 23236 (Richmond, VA)

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