ZIP Code · VA

ZIP 23456

Part of Virginia Beach, VA

Pop. 61,911·Virginia Beach City·31st most expensive ZIP in Virginia

Median rent (all units)

$2,670/mo

Year-over-Year

+3.3%

Month-over-Month

+0.7%

vs US Median

+$738

Reported rents

Rising (Monthly)

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Most AffordableMost Expensive

ZIP 23456 · $2,670

More expensive than 84% of US ZIP codes · National median $1,932/mo

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Medians by bedroom

Rent by unit size

Studio

$2,090

1 BR

$2,120

2 BR

$2,400

3 BR

$3,330

4 BR+

$3,920

Research median

$2,400/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

Compared with the peak

Rent in ZIP 23456 is 0.3% below its high of $2,677 in April 2026, at $2,670 as of September 2026.

Past year vs. the rest of Virginia

Rent in ZIP 23456 changed +3.3% over the year to September 2026. Across the 169 Virginia ZIP codes Zillow tracks, the typical change was +3.4%.

Recent direction

Rent has risen 2 months in a row, and rose in 7 of the last 12 months.

What a typical income covers

30% of the median household income ($130,533) is $3,263 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($2,400); a 3-bedroom is $3,330.

Rank in Virginia Beach

8th cheapest of 8 ZIP codes in Virginia Beach.

Cheaper nearby

ZIP 23453, 4 miles away, rents for 24% less ($2,039/mo), about $7,600 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 23456. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$32,040/yr

At $2,670/mo median

Location

CityVirginia Beach

StateVA

CountyVirginia Beach City

Rent Market Meter

Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are climbing (3.3% YoY), so leverage tilts toward landlords. Act sooner rather than later.

Based on rent-price momentum (+3.3% YoY, +0.7% MoM), not inventory.

Demographics

Who lives here

ZIP 23456 (Virginia Beach, VA) is majority owner-occupied, has a median income above the national average, 46.2% of residents hold a bachelor's degree or higher.

Population

61,911

Median income

$130,533

Median age

Renters

11.2%

Age distribution

24.1%

18.4%

29.1%

12.9%

15.4%

Under 1824.1%

18–3418.4%

35–5429.1%

55–6412.9%

65+15.4%

Gender

50.6%

49.4%

Male50.6%

Female49.4%

Race & ethnicity

60.6%

13.1%

13.4%

White60.6%

Black13.1%

Hispanic9%

Asian13.4%

Other3.9%

Education (25+)

18.8%

29.9%

46.2%

No HS diploma5.1%

HS diploma18.8%

Some college29.9%

Bachelor's+46.2%

Housing tenure

88.8%

Owner88.8%

Renter11.2%

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

2023 vs 2026

How ZIP 23456 in Virginia Beach, VA has changed in 5 years

Rent

$2,296 → $2,670

up 16.3%

Income

$115,788 → $130,533

up 12.7%

Population

60,158 → 61,911

up 2.9%

Renter share

11.4% → 11.2%

-0.2 pts

Bachelor's+

43.7% → 46.2%

+2.5 pts

Median age

39 → 40

+1.0 yrs

Across the past five years, the going rent in ZIP 23456 in Virginia Beach, VA has shifted from $2,296 to $2,670, up 16.3% since 2023. Census figures show median household income at $130,533 today, compared with $115,788 five years earlier. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show ZIP 23456 in Virginia Beach, VA adding about 1,753 residents over the five-year window, up 2.9% on net. Bachelor's-degree-or-higher attainment moved from 43.7% to 46.2% across the same window. The combined trend lines point to a market that has changed measurably from where it stood in early 2023.

Community

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Local insights

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About renting in ZIP 23456

Last updated: October 17, 2026

ZIP code 23456 covers Virginia Beach, VA. The median rent here is $2,670/mo as of October 2026. A 1-bedroom rents for a median of $2,120/mo. A 2-bedroom rents for a median of $2,400/mo.

At 25% of local median household income ($130,533/yr), ZIP 23456 ranks as affordable compared to the national benchmark of 30%. Rents have increased 3.3% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 23456?

To keep rent at or below 30% of gross income, you would need to earn at least $107,000/year (about $51/hour full-time) to afford the median rent of $2,670/mo in ZIP 23456. The local median household income is $130,533/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 23456?

Rent in ZIP 23456 has risen 3.3% over the past year as of September 2026. It sits 0.3% below its high of $2,677 in April 2026.

How does ZIP 23456 compare to other ZIPs in Virginia?

ZIP 23456 is one of the pricier among Virginia ZIP codes for rent, ranking #31 of 194 at $2,670/mo. Over the year to September 2026, rent in ZIP 23456 changed +3.3%, against a typical +3.4% across the 169 Virginia ZIP codes Zillow tracks.