ZIP Code · VA

ZIP 23237

Part of Chesterfield, VA

Pop. 27,126·Chesterfield County·114th most expensive ZIP in Virginia

Median rent (all units)

$1,879/mo

Year-over-Year

Stable

Month-over-Month

+0.5%

vs US Median

-$53

Reported rents

Rising (Monthly)

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Most AffordableMost Expensive

ZIP 23237 · $1,879

More expensive than 54% of US ZIP codes · National median $1,932/mo

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Medians by bedroom

Rent by unit size

Studio

$1,430

1 BR

$1,490

2 BR

$1,640

3 BR

$2,050

4 BR+

$2,530

Research median

$1,640/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

What a typical income covers

30% of the median household income ($79,606) is $1,990 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,640); a 3-bedroom is $2,050.

Cheaper nearby

ZIP 23234, 4 miles away, rents for 17% less ($1,559/mo), about $3,800 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 23237. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$22,548/yr

At $1,879/mo median

Location

CityChesterfield

StateVA

CountyChesterfield County

Rent Market Meter

Balanced Market

Renter's MarketBalancedLandlord's Market

Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.

Based on rent-price momentum (+0.0% YoY, +0.5% MoM), not inventory.

Demographics

Who lives here

ZIP 23237 (Chesterfield, VA) is majority owner-occupied, has a large share of families with children, 23% of residents hold a bachelor's degree or higher.

Population

27,126

Median income

$79,606

Median age

36.8

Renters

29.7%

Age distribution

25.9%

22%

25.3%

15%

Under 1825.9%

18–3422%

35–5425.3%

55–6411.8%

65+15%

Gender

49.5%

50.5%

Male49.5%

Female50.5%

Race & ethnicity

42.3%

27.1%

25.8%

White42.3%

Black27.1%

Hispanic25.8%

Asian2.5%

Other2.3%

Education (25+)

15.4%

32.3%

29.3%

23%

No HS diploma15.4%

HS diploma32.3%

Some college29.3%

Bachelor's+23%

Housing tenure

70.3%

29.7%

Owner70.3%

Renter29.7%

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

2021 vs 2026

How ZIP 23237 in Chesterfield, VA has changed in 5 years

Income

$69,174 → $79,606

up 15.1%

Population

27,942 → 27,126

down 2.9%

Renter share

34.1% → 29.7%

-4.4 pts

Bachelor's+

20.2% → 23%

+2.8 pts

Median age

33.8 → 36.8

+3.0 yrs

Census figures show median household income at $79,606 today, compared with $69,174 five years earlier. The population has contracted by 2.9% since 2021, moving from about 27,942 residents to roughly 27,126. Renters now make up 29.7% of households, compared with 34.1% five years ago. College-educated residents now make up 23% of adults here, versus 20.2% in 2021.

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Local insights

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About renting in ZIP 23237

Last updated: October 17, 2026

ZIP code 23237 covers Chesterfield, VA. The median rent here is $1,879/mo as of October 2026. A 1-bedroom rents for a median of $1,490/mo. A 2-bedroom rents for a median of $1,640/mo.

At 28% of local median household income ($79,606/yr), ZIP 23237 ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 23237?

To keep rent at or below 30% of gross income, you would need to earn at least $75,000/year (about $36/hour full-time) to afford the median rent of $1,879/mo in ZIP 23237. The local median household income is $79,606/yr, so the typical household meets that bar.