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ZIP Code · VA

ZIP 23464

Pop. 75,061·Virginia Beach City·107th most expensive ZIP in Virginia
Median rent (all units)
$1,991/mo
Year-over-Year
+5.2%
Month-over-Month
-0.3%
vs US Median
+$26
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 23464 · $1,991
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
$1,730
1 BR
$1,760
2 BR
$1,990
3 BR
$2,760
4 BR+
$3,250
Research median
$1,990/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
$23,892/yr
At $1,991/mo median
Location
StateVA
CountyVirginia Beach City
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (5.2% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+5.2% YoY, -0.3% MoM), not inventory.
Demographics

Who lives here

ZIP 23464 (Virginia Beach, VA) is majority owner-occupied, has a median income above the national average, 38.5% of residents hold a bachelor's degree or higher.

Population
75,061
Median income
$92,468
Median age
38
Renters
30.8%
Age distribution
21.8%
24%
27%
15.5%
Under 1821.8%
18–3424%
35–5427%
55–6411.8%
65+15.5%
Gender
49.5%
50.5%
Male49.5%
Female50.5%
Race & ethnicity
53.2%
22.4%
White53.2%
Black22.4%
Hispanic9.3%
Asian11.3%
Other3.8%
Education (25+)
22.9%
33.8%
38.5%
No HS diploma4.9%
HS diploma22.9%
Some college33.8%
Bachelor's+38.5%
Housing tenure
69.2%
30.8%
Owner69.2%
Renter30.8%

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

2021 vs 2026

How ZIP 23464 in Virginia Beach, VA has changed in 5 years

Rent
$1,411 → $1,991
up 41.1%
Income
$84,040 → $92,468
up 10.0%
Population
77,139 → 75,061
down 2.7%
Renter share
29.5% → 30.8%
+1.3 pts
Bachelor's+
37.2% → 38.5%
+1.3 pts
Median age
37.3 → 38
+0.7 yrs

Since 2021, the typical rent in ZIP 23464 in Virginia Beach, VA has climbed from $1,411 to $1,991, a 41.1% change over five years. Median household income rose from $84,040 to $92,468 between 2021 and 2024, a 10.0% shift. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has contracted by 2.7% since 2021, moving from about 77,139 residents to roughly 75,061. Taken together, the five-year picture in ZIP 23464 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.

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Local insights

Tips for renters in ZIP 23464

About renting in ZIP 23464

Last updated: July 20, 2026

ZIP code 23464 covers Virginia Beach, VA. The median rent here is $1,991/mo as of July 2026. A 1-bedroom rents for a median of $1,760/mo. A 2-bedroom rents for a median of $1,990/mo.

At 26% of local median household income ($92,468/yr), ZIP 23464 ranks as affordable compared to the national benchmark of 30%. Rents have increased 5.2% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 23464?

As of July 20, 2026, the median monthly rent in ZIP 23464 (Virginia Beach, VA) is $1,991. This is based on aggregated data from public sources and community submissions.

How does ZIP 23464 rent compare to the US average?

ZIP 23464's median rent of $1,991/mo is $26 (1%) above the US national median of $1,965/mo.

How does ZIP 23464 compare to other ZIPs in Virginia?

ZIP 23464 falls in the middle range for Virginia, ranking #107 out of 198 ZIPs at $1,991/mo.

How much income do you need to rent in ZIP 23464?

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 $1,991/mo in ZIP 23464. The local median household income is $92,468/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 23464?

Rent in ZIP 23464 has increased 5.2% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 23464 an affordable place to rent?

ZIP 23464 is considered affordable for renters. At $1,991/mo, rent takes approximately 26% of the local median household income ($92,468/yr). The standard benchmark is 30%. ZIP 23464 falls comfortably within that range.

What percentage of ZIP 23464 residents rent vs. own?

According to Census data, approximately 30.8% of ZIP 23464 households are renters, while 69.2% are owner-occupied. ZIP 23464 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 23464 compare to the rest of Virginia Beach?

ZIP 23464 is more affordable than Virginia Beach overall. At $1,991/mo, it's $74 below the Virginia Beach citywide median of $2,065/mo.

When was rent data for ZIP 23464 last updated?

Rent data for ZIP 23464 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
26%
AFFORDABLE

At $1,991/mo, rent takes ~26% of ZIP 23464's median household income ($92,468/yr). The standard benchmark is 30%.

ZIP 23464 26%Benchmark 30%
State income tax2–5.75%
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Schools nearby

Public schools near ZIP 23464 (Virginia Beach, VA)

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