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ZIP Code · VA

ZIP 23462

Pop. 66,151·Virginia Beach City·108th most expensive ZIP in Virginia
Median rent (all units)
$1,989/mo
Year-over-Year
+8.4%
Month-over-Month
+1.7%
vs US Median
+$24
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 23462 · $1,989
More expensive than 60% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,790
1 BR
$1,810
2 BR
$2,050
3 BR
$2,840
4 BR+
$3,350
Research median
$2,050/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
$23,868/yr
At $1,989/mo median
Location
StateVA
CountyVirginia Beach City
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 8.4% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+8.4% YoY, +1.7% MoM), not inventory.
Demographics

Who lives here

ZIP 23462 (Virginia Beach, VA) is roughly split between renters and owners, 30.7% of residents hold a bachelor's degree or higher.

Population
66,151
Median income
$69,040
Median age
36.3
Renters
46.3%
Age distribution
22.5%
25.5%
26.3%
14.2%
Under 1822.5%
18–3425.5%
35–5426.3%
55–6411.5%
65+14.2%
Gender
46.2%
53.8%
Male46.2%
Female53.8%
Race & ethnicity
47.7%
31.7%
White47.7%
Black31.7%
Hispanic12%
Asian5.8%
Other2.8%
Education (25+)
26.2%
36.3%
30.7%
No HS diploma6.8%
HS diploma26.2%
Some college36.3%
Bachelor's+30.7%
Housing tenure
53.7%
46.3%
Owner53.7%
Renter46.3%

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

2021 vs 2026

How ZIP 23462 in Virginia Beach, VA has changed in 5 years

Rent
$1,379 → $1,989
up 44.2%
Income
$65,231 → $69,040
up 5.8%
Population
66,949 → 66,151
down 1.2%
Renter share
46.2% → 46.3%
+0.1 pts
Bachelor's+
30.3% → 30.7%
+0.4 pts
Median age
34.4 → 36.3
+1.9 yrs

Compared with 2021, rent in ZIP 23462 in Virginia Beach, VA has climbed by $610 per month, settling near $1,989 after starting the period at $1,379. Median household income grew from $65,231 to $69,040 between 2021 and 2024, a 5.8% shift. Rent outpaced income growth by roughly 38.4 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Headcount in the area went from 66,949 to 66,151 between 2021 and 2024, a 1.2% change. Taken together, the five-year picture in ZIP 23462 in Virginia Beach, VA reflects how housing costs and the people paying them have evolved through a stretch that included a pandemic, a hot rental market, and a recent cooling phase.

Community

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Local insights

Tips for renters in ZIP 23462

About renting in ZIP 23462

Last updated: July 20, 2026

ZIP code 23462 covers Virginia Beach, VA. The median rent here is $1,989/mo as of July 2026. A 1-bedroom rents for a median of $1,810/mo. A 2-bedroom rents for a median of $2,050/mo.

At 35% of local median household income ($69,040/yr), ZIP 23462 ranks as moderate compared to the national benchmark of 30%. Rents have increased 8.4% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 23462?

As of July 20, 2026, the median monthly rent in ZIP 23462 (Virginia Beach, VA) is $1,989. This is based on aggregated data from public sources and community submissions.

How does ZIP 23462 rent compare to the US average?

ZIP 23462's median rent of $1,989/mo is $24 (1%) above the US national median of $1,965/mo.

How does ZIP 23462 compare to other ZIPs in Virginia?

ZIP 23462 falls in the middle range for Virginia, ranking #108 out of 198 ZIPs at $1,989/mo.

How much income do you need to rent in ZIP 23462?

To keep rent at or below 30% of gross income, you would need to earn at least $80,000/year (~$38/hour full-time) to afford the median rent of $1,989/mo in ZIP 23462. The local median household income is $69,040/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 23462?

Rent in ZIP 23462 has increased 8.4% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 23462 an affordable place to rent?

ZIP 23462 is considered moderate for renters. At $1,989/mo, rent takes approximately 35% of the local median household income ($69,040/yr). The standard benchmark is 30%. ZIP 23462 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 23462 residents rent vs. own?

According to Census data, approximately 46.3% of ZIP 23462 households are renters, while 53.7% are owner-occupied. ZIP 23462 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 23462 compare to the rest of Virginia Beach?

ZIP 23462 is more affordable than Virginia Beach overall. At $1,989/mo, it's $76 below the Virginia Beach citywide median of $2,065/mo.

When was rent data for ZIP 23462 last updated?

Rent data for ZIP 23462 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
35%
MODERATE

At $1,989/mo, rent takes ~35% of ZIP 23462's median household income ($69,040/yr). The standard benchmark is 30%.

ZIP 23462 35%Benchmark 30%
State income tax2–5.75%
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Schools nearby

Public schools near ZIP 23462 (Virginia Beach, VA)

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