ZIP 23464
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12-month history
Last updated: October 17, 2026
What the numbers show
December. Asking rents in ZIP 23464 usually run 0.7% below trend in December and 0.5% above it in July, about $24 a month apart at today's median. Based on 11 years of data.
Rent in ZIP 23464 is at its highest level since Zillow's records here began in January 2015.
Rent in ZIP 23464 changed +8.5% over the year to September 2026. Across the 169 Virginia ZIP codes Zillow tracks, the typical change was +3.4%.
From 2019 to 2024, rent in ZIP 23464 rose 42.1% while median household income rose 15% ($80,399 to $92,468). Rent outpaced income.
Rent in ZIP 23464 is 58.2% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.
Rent has risen 4 months in a row, and rose in 11 of the last 12 months.
30% of the median household income ($92,468) is $2,312 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,990); a 3-bedroom is $2,760.
2nd cheapest of 8 ZIP codes in Virginia Beach.
ZIP 23502, 5 miles away, rents for 12% less ($1,780/mo), about $3,000 a year in savings.
From Zillow's monthly rent index (ZORI) for ZIP 23464. 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.
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.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How ZIP 23464 in Virginia Beach, VA has changed in 5 years
Since 2021, the typical rent in ZIP 23464 in Virginia Beach, VA has climbed from $1,372 to $2,027, a 47.7% 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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Tips for renters in ZIP 23464
Last updated: October 17, 2026
ZIP code 23464 covers Virginia Beach, VA. The median rent here is $2,027/mo as of October 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 8.4% over the past year.
Frequently asked questions
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How does ZIP 23464 compare to the rest of Virginia Beach?
At $2,027/mo, rent takes ~26% of ZIP 23464's median household income ($92,468/yr). The standard benchmark is 30%.
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