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ZIP Code · VA

ZIP 23435

Part of Suffolk, VA
Pop. 33,721·Suffolk City·80th most expensive ZIP in Virginia
Median rent (all units)
$2,092/mo
Year-over-Year
+5.0%
Month-over-Month
+0.8%
vs US Median
+$162
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 23435 · $2,092
More expensive than 66% of US ZIP codes · National median $1,930/mo
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Medians by bedroom

Rent by unit size

Studio
$1,890
1 BR
$1,920
2 BR
$2,170
3 BR
$3,010
4 BR+
$3,540
Research median
$2,170/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: May 18, 2026

Annual cost
$25,104/yr
At $2,092/mo median
Location
StateVA
CountySuffolk City
Demographics

Who lives here

ZIP 23435 (Suffolk, VA) is majority owner-occupied, has a median income above the national average, 44.5% of residents hold a bachelor's degree or higher.

Population
33,721
Median income
$111,700
Median age
38.3
Renters
31.2%
Age distribution
23.4%
21.4%
28.5%
13.2%
13.5%
Under 1823.4%
18–3421.4%
35–5428.5%
55–6413.2%
65+13.5%
Gender
49.4%
50.6%
Male49.4%
Female50.6%
Race & ethnicity
47.1%
36.9%
White47.1%
Black36.9%
Hispanic6.8%
Asian3.4%
Other5.7%
Education (25+)
20.7%
28.9%
44.5%
No HS diploma6%
HS diploma20.7%
Some college28.9%
Bachelor's+44.5%
Housing tenure
68.8%
31.2%
Owner68.8%
Renter31.2%

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

2021 vs 2026

How ZIP 23435 in Suffolk, VA has changed in 5 years

Income
$102,108 → $111,700
up 9.4%
Population
32,845 → 33,721
up 2.7%
Renter share
30.9% → 31.2%
+0.3 pts
Bachelor's+
41.5% → 44.5%
+3.0 pts
Median age
37.1 → 38.3
+1.2 yrs

Local incomes tracked alongside that move, going from a median of $102,108 in 2021 to $111,700 more recently. Census counts show ZIP 23435 in Suffolk, VA adding about 876 residents over the five-year window, up 2.7% on net. Bachelor's-degree-or-higher attainment moved from 41.5% to 44.5% across the same window.

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Local insights

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About renting in ZIP 23435

Last updated: May 18, 2026

ZIP code 23435 covers Suffolk, VA. The median rent here is $2,092/mo as of May 2026. A 1-bedroom rents for a median of $1,920/mo. A 2-bedroom rents for a median of $2,170/mo.

At 22% of local median household income ($111,700/yr), ZIP 23435 ranks as affordable compared to the national benchmark of 30%. Rents have increased 5.0% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 23435?

As of May 18, 2026, the median monthly rent in ZIP 23435 (Suffolk, VA) is $2,092. This is based on aggregated data from public sources and community submissions.

How does ZIP 23435 rent compare to the US average?

ZIP 23435's median rent of $2,092/mo is $162 (8%) above the US national median of $1,930/mo.

How does ZIP 23435 compare to other ZIPs in Virginia?

ZIP 23435 falls in the middle range for Virginia, ranking #80 out of 198 ZIPs at $2,092/mo.

How much income do you need to rent in ZIP 23435?

To keep rent at or below 30% of gross income, you would need to earn at least $84,000/year (~$40/hour full-time) to afford the median rent of $2,092/mo in ZIP 23435. The local median household income is $111,700/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 23435?

Rent in ZIP 23435 has increased 5.0% over the past year as of May 18, 2026, putting upward pressure on renter budgets.

Is ZIP 23435 an affordable place to rent?

ZIP 23435 is considered very affordable for renters. At $2,092/mo, rent takes approximately 22% of the local median household income ($111,700/yr). The standard benchmark is 30%. ZIP 23435 falls comfortably within that range.

What percentage of ZIP 23435 residents rent vs. own?

According to Census data, approximately 31.2% of ZIP 23435 households are renters, while 68.8% are owner-occupied. ZIP 23435 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 23435 compare to the rest of Suffolk?

ZIP 23435 is pricier than Suffolk as a whole. At $2,092/mo, it's $178 above the Suffolk citywide median of $1,914/mo.

When was rent data for ZIP 23435 last updated?

Rent data for ZIP 23435 reflects May 18, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Affordability
22%
VERY AFFORDABLE

At $2,092/mo, rent takes ~22% of ZIP 23435's median household income ($111,700/yr). The standard benchmark is 30%.

ZIP 23435 22%Benchmark 30%
State income tax2–5.75%
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Schools nearby

Public schools near ZIP 23435 (Suffolk, VA)

Recent submissions

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