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ZIP Code · VA

ZIP 23434

Part of Suffolk, VA
Pop. 54,387·Suffolk City·137th most expensive ZIP in Virginia
Median rent (all units)
$1,783/mo
Year-over-Year
+13.2%
Month-over-Month
+2.6%
vs US Median
-$168
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 23434 · $1,783
More affordable than 52% of US ZIP codes · National median $1,951/mo
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Medians by bedroom

Rent by unit size

Studio
$1,400
1 BR
$1,420
2 BR
$1,610
3 BR
$2,230
4 BR+
$2,630
Research median
$1,610/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: June 22, 2026

Annual cost
$21,396/yr
At $1,783/mo median
Location
StateVA
CountySuffolk City
Demographics

Who lives here

ZIP 23434 (Suffolk, VA) is majority owner-occupied, 27% of residents hold a bachelor's degree or higher.

Population
54,387
Median income
$79,877
Median age
38.1
Renters
31.5%
Age distribution
24.4%
21.8%
25.6%
13.4%
14.8%
Under 1824.4%
18–3421.8%
35–5425.6%
55–6413.4%
65+14.8%
Gender
47.5%
52.5%
Male47.5%
Female52.5%
Race & ethnicity
41.9%
48.6%
White41.9%
Black48.6%
Hispanic4.7%
Asian1%
Other3.8%
Education (25+)
27.3%
35.1%
27%
No HS diploma10.6%
HS diploma27.3%
Some college35.1%
Bachelor's+27%
Housing tenure
68.5%
31.5%
Owner68.5%
Renter31.5%

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

2021 vs 2026

How ZIP 23434 in Suffolk, VA has changed in 5 years

Income
$68,607 → $79,877
up 16.4%
Population
50,306 → 54,387
up 8.1%
Renter share
33.8% → 31.5%
-2.3 pts
Bachelor's+
24.2% → 27%
+2.8 pts

Census figures show median household income at $79,877 today, compared with $68,607 five years earlier. Census counts show ZIP 23434 in Suffolk, VA adding about 4,081 residents over the five-year window, up 8.1% on net. The renter share has eased from 33.8% to 31.5%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 24.2% to 27% across the same window.

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Local insights

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About renting in ZIP 23434

Last updated: June 22, 2026

ZIP code 23434 covers Suffolk, VA. The median rent here is $1,783/mo as of June 2026. A 1-bedroom rents for a median of $1,420/mo. A 2-bedroom rents for a median of $1,610/mo.

At 27% of local median household income ($79,877/yr), ZIP 23434 ranks as affordable compared to the national benchmark of 30%. Rents have increased 13.2% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 23434?

As of June 22, 2026, the median monthly rent in ZIP 23434 (Suffolk, VA) is $1,783. This is based on aggregated data from public sources and community submissions.

How does ZIP 23434 rent compare to the US average?

ZIP 23434's median rent of $1,783/mo is $168 (9%) below the US national median of $1,951/mo.

How does ZIP 23434 compare to other ZIPs in Virginia?

ZIP 23434 is among the more affordable ZIP codes in Virginia, ranking #137 out of 201 ZIPs at $1,783/mo.

How much income do you need to rent in ZIP 23434?

To keep rent at or below 30% of gross income, you would need to earn at least $71,000/year (~$34/hour full-time) to afford the median rent of $1,783/mo in ZIP 23434. The local median household income is $79,877/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 23434?

Rent in ZIP 23434 has increased 13.2% over the past year as of June 22, 2026, putting upward pressure on renter budgets.

Is ZIP 23434 an affordable place to rent?

ZIP 23434 is considered affordable for renters. At $1,783/mo, rent takes approximately 27% of the local median household income ($79,877/yr). The standard benchmark is 30%. ZIP 23434 falls comfortably within that range.

What percentage of ZIP 23434 residents rent vs. own?

According to Census data, approximately 31.5% of ZIP 23434 households are renters, while 68.5% are owner-occupied. ZIP 23434 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 23434 compare to the rest of Suffolk?

ZIP 23434 is more affordable than Suffolk overall. At $1,783/mo, it's $134 below the Suffolk citywide median of $1,917/mo.

When was rent data for ZIP 23434 last updated?

Rent data for ZIP 23434 reflects June 22, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
27%
AFFORDABLE

At $1,783/mo, rent takes ~27% of ZIP 23434's median household income ($79,877/yr). The standard benchmark is 30%.

ZIP 23434 27%Benchmark 30%
State income tax2–5.75%
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Schools nearby

Public schools near ZIP 23434 (Suffolk, VA)

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