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ZIP Code · VA

ZIP 23323

Pop. 43,043·Chesapeake City·70th most expensive ZIP in Virginia
Median rent (all units)
$2,225/mo
Year-over-Year
+2.7%
Month-over-Month
+2.8%
vs US Median
+$260
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 23323 · $2,225
More expensive than 70% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,740
1 BR
$1,770
2 BR
$2,000
3 BR
$2,770
4 BR+
$3,270
Research median
$2,000/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
$26,700/yr
At $2,225/mo median
Location
StateVA
CountyChesapeake City
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 2.7% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+2.7% YoY, +2.8% MoM), not inventory.
Demographics

Who lives here

ZIP 23323 (Chesapeake, VA) is majority owner-occupied, has a large share of families with children, has a median income above the national average, 35.8% of residents hold a bachelor's degree or higher.

Population
43,043
Median income
$108,730
Median age
36.6
Renters
16.3%
Age distribution
27.5%
20.2%
28.7%
12.1%
Under 1827.5%
18–3420.2%
35–5428.7%
55–6411.4%
65+12.1%
Gender
48.9%
51.1%
Male48.9%
Female51.1%
Race & ethnicity
55.8%
27.7%
White55.8%
Black27.7%
Hispanic7.6%
Asian2.7%
Other6.2%
Education (25+)
26%
32%
35.8%
No HS diploma6.2%
HS diploma26%
Some college32%
Bachelor's+35.8%
Housing tenure
83.7%
16.3%
Owner83.7%
Renter16.3%

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

2021 vs 2026

How ZIP 23323 in Chesapeake, VA has changed in 5 years

Income
$92,900 → $108,730
up 17.0%
Population
41,681 → 43,043
up 3.3%
Renter share
19.3% → 16.3%
-3.0 pts
Bachelor's+
31.9% → 35.8%
+3.9 pts
Median age
35.8 → 36.6
+0.8 yrs

Household income in the area moved from $92,900 to $108,730 across the same window, up 17.0% versus 2021. Census counts show ZIP 23323 in Chesapeake, VA adding about 1,362 residents over the five-year window, up 3.3% on net. The renter share has eased from 19.3% to 16.3%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 31.9% to 35.8% across the same window.

Community

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Local insights

Tips for renters in ZIP 23323

About renting in ZIP 23323

Last updated: July 20, 2026

ZIP code 23323 covers Chesapeake, VA. The median rent here is $2,225/mo as of July 2026. A 1-bedroom rents for a median of $1,770/mo. A 2-bedroom rents for a median of $2,000/mo.

At 25% of local median household income ($108,730/yr), ZIP 23323 ranks as affordable compared to the national benchmark of 30%. Rents have increased 2.7% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 23323?

As of July 20, 2026, the median monthly rent in ZIP 23323 (Chesapeake, VA) is $2,225. This is based on aggregated data from public sources and community submissions.

How does ZIP 23323 rent compare to the US average?

ZIP 23323's median rent of $2,225/mo is $260 (13%) above the US national median of $1,965/mo.

How does ZIP 23323 compare to other ZIPs in Virginia?

ZIP 23323 falls in the middle range for Virginia, ranking #70 out of 198 ZIPs at $2,225/mo.

How much income do you need to rent in ZIP 23323?

To keep rent at or below 30% of gross income, you would need to earn at least $89,000/year (~$43/hour full-time) to afford the median rent of $2,225/mo in ZIP 23323. The local median household income is $108,730/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 23323?

Rent in ZIP 23323 has increased 2.7% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 23323 an affordable place to rent?

ZIP 23323 is considered affordable for renters. At $2,225/mo, rent takes approximately 25% of the local median household income ($108,730/yr). The standard benchmark is 30%. ZIP 23323 falls comfortably within that range.

What percentage of ZIP 23323 residents rent vs. own?

According to Census data, approximately 16.3% of ZIP 23323 households are renters, while 83.7% are owner-occupied. ZIP 23323 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 23323 compare to the rest of Chesapeake?

ZIP 23323 is pricier than Chesapeake as a whole. At $2,225/mo, it's $184 above the Chesapeake citywide median of $2,041/mo.

When was rent data for ZIP 23323 last updated?

Rent data for ZIP 23323 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
25%
AFFORDABLE

At $2,225/mo, rent takes ~25% of ZIP 23323's median household income ($108,730/yr). The standard benchmark is 30%.

ZIP 23323 25%Benchmark 30%
State income tax2–5.75%
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Schools nearby

Public schools near ZIP 23323 (Chesapeake, VA)

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