ZIP Code · VA

ZIP 23451

Pop. 44,012·Virginia Beach City·77th most expensive ZIP in Virginia
Median rent (all units)
$2,133/mo
Year-over-Year
+7.3%
Month-over-Month
+1.3%
vs US Median
+$201
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 23451 · $2,133
More expensive than 68% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,800
1 BR
$1,830
2 BR
$2,070
3 BR
$2,870
4 BR+
$3,380
Research median
$2,070/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: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

January. Asking rents in ZIP 23451 usually run 1.9% below trend in January and 1.8% above it in July, about $79 a month apart at today's median. Based on 11 years of data.

Compared with the peak

Rent in ZIP 23451 is at its highest level since Zillow's records here began in January 2015.

Past year vs. the rest of Virginia

Rent in ZIP 23451 changed +7.3% over the year to September 2026. Across the 169 Virginia ZIP codes Zillow tracks, the typical change was +3.4%.

Rent vs. income since 2019

From 2019 to 2024, rent in ZIP 23451 rose 39% while median household income rose 36.4% ($73,810 to $100,697). Rent outpaced income.

Since before the pandemic

Rent in ZIP 23451 is 52.2% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has risen 3 months in a row, and rose in 10 of the last 12 months.

What a typical income covers

30% of the median household income ($100,697) is $2,517 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($2,070); a 3-bedroom is $2,870.

Rank in Virginia Beach

5th cheapest of 8 ZIP codes in Virginia Beach.

Cheaper nearby

ZIP 23452, 5 miles away, rents for 12% less ($1,867/mo), about $3,200 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 23451. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$25,596/yr
At $2,133/mo median
Location
StateVA
CountyVirginia Beach City
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 7.3% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+7.3% YoY, +1.3% MoM), not inventory.
Demographics

Who lives here

ZIP 23451 (Virginia Beach, VA) is roughly split between renters and owners, has a large retiree population, has a median income above the national average, 57% of residents hold a bachelor's degree or higher.

Population
44,012
Median income
$100,697
Median age
39.6
Renters
47.5%
Age distribution
16.3%
26.4%
21.3%
15%
21%
Under 1816.3%
18–3426.4%
35–5421.3%
55–6415%
65+21%
Gender
49.5%
50.5%
Male49.5%
Female50.5%
Race & ethnicity
77.7%
White77.7%
Black8%
Hispanic7.9%
Asian3%
Other3.5%
Education (25+)
14.2%
25%
57%
No HS diploma3.8%
HS diploma14.2%
Some college25%
Bachelor's+57%
Housing tenure
52.5%
47.5%
Owner52.5%
Renter47.5%

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

2021 vs 2026

How ZIP 23451 in Virginia Beach, VA has changed in 5 years

Rent
$1,580 → $2,133
up 35.0%
Income
$86,334 → $100,697
up 16.6%
Population
43,885 → 44,012
up 0.3%
Renter share
47.2% → 47.5%
+0.3 pts
Bachelor's+
52.8% → 57%
+4.2 pts
Median age
38.5 → 39.6
+1.1 yrs

Five years ago, renters in ZIP 23451 in Virginia Beach, VA paid around $1,580 a month. That figure now sits near $2,133, up 35.0% from the 2021 baseline. Local incomes tracked alongside that move, going from a median of $86,334 in 2021 to $100,697 more recently. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Bachelor's-degree-or-higher attainment moved from 52.8% to 57% across the same window. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 23451 in Virginia Beach, VA market of 2021.

Community

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Local insights

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About renting in ZIP 23451

Last updated: October 17, 2026

ZIP code 23451 covers Virginia Beach, VA. The median rent here is $2,133/mo as of October 2026. A 1-bedroom rents for a median of $1,830/mo. A 2-bedroom rents for a median of $2,070/mo.

At 25% of local median household income ($100,697/yr), ZIP 23451 ranks as affordable compared to the national benchmark of 30%. Rents have increased 7.3% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 23451?

To keep rent at or below 30% of gross income, you would need to earn at least $85,000/year (about $41/hour full-time) to afford the median rent of $2,133/mo in ZIP 23451. The local median household income is $100,697/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 23451?

Rent in ZIP 23451 has risen 7.3% over the past year as of September 2026. That is the highest level since Zillow's records here began in January 2015.

When is the cheapest time to rent in ZIP 23451?

Asking rents in ZIP 23451 are usually lowest in January, about 1.9% below their yearly trend, and highest in July, about 1.8% above it. At today's median that is a gap of roughly $79 a month. This pattern comes from 11 years of Zillow rent data.

Has rent outpaced income in ZIP 23451?

Yes. From 2019 to 2024, rent in ZIP 23451 rose 39% while median household income rose 36.4%, from $73,810 to $100,697. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 23451 compare to other ZIPs in Virginia?

ZIP 23451 is in the middle among Virginia ZIP codes for rent, ranking #77 of 194 at $2,133/mo. Over the year to September 2026, rent in ZIP 23451 changed +7.3%, against a typical +3.4% across the 169 Virginia ZIP codes Zillow tracks.

How does ZIP 23451 compare to the rest of Virginia Beach?

At $2,133/mo, ZIP 23451 is $35 above the Virginia Beach citywide median of $2,098/mo. It is the 5th cheapest of 8 ZIP codes in Virginia Beach.
Income Affordability
25%
AFFORDABLE

At $2,133/mo, rent takes ~25% of ZIP 23451's median household income ($100,697/yr). The standard benchmark is 30%.

ZIP 23451 25%Benchmark 30%
State income tax2–5.75%
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Schools nearby

Public schools near ZIP 23451 (Virginia Beach, VA)

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