ZIP Code · VA

ZIP 23321

Pop. 40,176·Chesapeake City·126th most expensive ZIP in Virginia
Median rent (all units)
$1,856/mo
Year-over-Year
+5.2%
Month-over-Month
+2.2%
vs US Median
-$109
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 23321 · $1,856
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
$1,510
1 BR
$1,530
2 BR
$1,730
3 BR
$2,400
4 BR+
$2,820
Research median
$1,730/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
$22,272/yr
At $1,856/mo median
Location
StateVA
CountyChesapeake City
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 5.2% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+5.2% YoY, +2.2% MoM), not inventory.
Demographics

Who lives here

ZIP 23321 (Chesapeake, VA) is majority owner-occupied, has a large share of families with children, has a median income above the national average, 39.3% of residents hold a bachelor's degree or higher.

Population
40,176
Median income
$101,568
Median age
37.1
Renters
20.3%
Age distribution
27.4%
19.6%
28%
13.9%
Under 1827.4%
18–3419.6%
35–5428%
55–6411%
65+13.9%
Gender
47.6%
52.4%
Male47.6%
Female52.4%
Race & ethnicity
50.2%
37.6%
White50.2%
Black37.6%
Hispanic5.5%
Asian3%
Other3.8%
Education (25+)
24.1%
33.2%
39.3%
No HS diploma3.4%
HS diploma24.1%
Some college33.2%
Bachelor's+39.3%
Housing tenure
79.7%
20.3%
Owner79.7%
Renter20.3%

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

2021 vs 2026

How ZIP 23321 in Chesapeake, VA has changed in 5 years

Income
$86,727 → $101,568
up 17.1%
Population
38,325 → 40,176
up 4.8%
Renter share
23.2% → 20.3%
-2.9 pts
Bachelor's+
40.3% → 39.3%
-1.0 pts

Census figures show median household income at $101,568 today, compared with $86,727 five years earlier. Headcount in the area went from 38,325 to 40,176 between 2021 and 2024, a 4.8% change. About 20.3% of households rent today, against 23.2% in 2021.

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Local insights

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About renting in ZIP 23321

Last updated: July 20, 2026

ZIP code 23321 covers Chesapeake, VA. The median rent here is $1,856/mo as of July 2026. A 1-bedroom rents for a median of $1,530/mo. A 2-bedroom rents for a median of $1,730/mo.

At 22% of local median household income ($101,568/yr), ZIP 23321 ranks as affordable compared to the national benchmark of 30%. Rents have increased 5.2% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 23321?

As of July 20, 2026, the median monthly rent in ZIP 23321 (Chesapeake, VA) is $1,856. This is based on aggregated data from public sources and community submissions.

How does ZIP 23321 rent compare to the US average?

ZIP 23321's median rent of $1,856/mo is $109 (6%) below the US national median of $1,965/mo.

How does ZIP 23321 compare to other ZIPs in Virginia?

ZIP 23321 falls in the middle range for Virginia, ranking #126 out of 198 ZIPs at $1,856/mo.

How much income do you need to rent in ZIP 23321?

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 $1,856/mo in ZIP 23321. The local median household income is $101,568/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 23321?

Rent in ZIP 23321 has increased 5.2% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 23321 an affordable place to rent?

ZIP 23321 is considered very affordable for renters. At $1,856/mo, rent takes approximately 22% of the local median household income ($101,568/yr). The standard benchmark is 30%. ZIP 23321 falls comfortably within that range.

What percentage of ZIP 23321 residents rent vs. own?

According to Census data, approximately 20.3% of ZIP 23321 households are renters, while 79.7% are owner-occupied. ZIP 23321 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 23321 compare to the rest of Chesapeake?

ZIP 23321 is more affordable than Chesapeake overall. At $1,856/mo, it's $185 below the Chesapeake citywide median of $2,041/mo.

When was rent data for ZIP 23321 last updated?

Rent data for ZIP 23321 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
22%
VERY AFFORDABLE

At $1,856/mo, rent takes ~22% of ZIP 23321's median household income ($101,568/yr). The standard benchmark is 30%.

ZIP 23321 22%Benchmark 30%
State income tax2–5.75%
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Schools nearby

Public schools near ZIP 23321 (Chesapeake, VA)

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