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ZIP Code · VA

ZIP 23430

Pop. 19,109·Isle of Wight County·47th most expensive ZIP in Virginia
Median rent (all units)
$2,498/mo
Year-over-Year
Stable
Month-over-Month
+2.0%
vs US Median
+$533
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 23430 · $2,498
More expensive than 79% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,300
1 BR
$1,310
2 BR
$1,490
3 BR
$2,060
4 BR+
$2,430
Research median
$1,490/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
$29,976/yr
At $2,498/mo median
Location
StateVA
CountyIsle of Wight County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (0.0% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+0.0% YoY, +2.0% MoM), not inventory.
Demographics

Who lives here

ZIP 23430 (Smithfield, VA) is majority owner-occupied, has a large retiree population, has a median income above the national average, 33% of residents hold a bachelor's degree or higher.

Population
19,109
Median income
$104,065
Median age
47.9
Renters
13.5%
Age distribution
18.6%
18.3%
24.8%
17.3%
21.1%
Under 1818.6%
18–3418.3%
35–5424.8%
55–6417.3%
65+21.1%
Gender
49%
51%
Male49%
Female51%
Race & ethnicity
68.8%
24.7%
White68.8%
Black24.7%
Hispanic2.1%
Other4.1%
Education (25+)
28.3%
32.2%
33%
No HS diploma6.5%
HS diploma28.3%
Some college32.2%
Bachelor's+33%
Housing tenure
86.5%
13.5%
Owner86.5%
Renter13.5%

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

2021 vs 2026

How ZIP 23430 in Smithfield, VA has changed in 5 years

Income
$89,296 → $104,065
up 16.5%
Population
17,803 → 19,109
up 7.3%
Renter share
18.1% → 13.5%
-4.6 pts
Bachelor's+
30.3% → 33%
+2.7 pts
Median age
48.8 → 47.9
-0.9 yrs

Household income in the area moved from $89,296 to $104,065 across the same window, up 16.5% versus 2021. The population has grown by 7.3% since 2021, moving from about 17,803 residents to roughly 19,109. Renters now make up 13.5% of households, compared with 18.1% five years ago. College-educated residents now make up 33% of adults here, versus 30.3% in 2021.

Community

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Local insights

Tips for renters in ZIP 23430

About renting in ZIP 23430

Last updated: July 20, 2026

ZIP code 23430 covers Smithfield, VA. The median rent here is $2,498/mo as of July 2026. A 1-bedroom rents for a median of $1,310/mo. A 2-bedroom rents for a median of $1,490/mo.

At 29% of local median household income ($104,065/yr), ZIP 23430 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 is rent in ZIP code 23430?

As of July 20, 2026, the median monthly rent in ZIP 23430 (Smithfield, VA) is $2,498. This is based on aggregated data from public sources and community submissions.

How does ZIP 23430 rent compare to the US average?

ZIP 23430's median rent of $2,498/mo is $533 (27%) above the US national median of $1,965/mo.

How does ZIP 23430 compare to other ZIPs in Virginia?

ZIP 23430 is one of the pricier ZIP codes in Virginia, ranking #47 out of 198 ZIPs tracked at $2,498/mo.

How much income do you need to rent in ZIP 23430?

To keep rent at or below 30% of gross income, you would need to earn at least $100,000/year (~$48/hour full-time) to afford the median rent of $2,498/mo in ZIP 23430. The local median household income is $104,065/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 23430?

Rent in ZIP 23430 has been relatively stable over the past year, with a 0.0% change year over year as of July 20, 2026.

Is ZIP 23430 an affordable place to rent?

ZIP 23430 is considered affordable for renters. At $2,498/mo, rent takes approximately 29% of the local median household income ($104,065/yr). The standard benchmark is 30%. ZIP 23430 falls comfortably within that range.

What percentage of ZIP 23430 residents rent vs. own?

According to Census data, approximately 13.5% of ZIP 23430 households are renters, while 86.5% are owner-occupied. ZIP 23430 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 23430 compare to the rest of Smithfield?

ZIP 23430 sits right at the Smithfield citywide median of $2,498/mo.

When was rent data for ZIP 23430 last updated?

Rent data for ZIP 23430 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
29%
AFFORDABLE

At $2,498/mo, rent takes ~29% of ZIP 23430's median household income ($104,065/yr). The standard benchmark is 30%.

ZIP 23430 29%Benchmark 30%
State income tax2–5.75%
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Schools nearby

Public schools near ZIP 23430 (Smithfield, VA)

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