ZIP Code · VA

ZIP 23502

Part of Norfolk, VA

Pop. 20,399·Norfolk City·130th most expensive ZIP in Virginia

Median rent (all units)

$1,780/mo

Year-over-Year

+7.5%

Month-over-Month

+1.0%

vs US Median

-$152

Reported rents

Rising (Monthly)

Be the first to discuss 23502 rents ↓

Most AffordableMost Expensive

ZIP 23502 · $1,780

More affordable than 52% of US ZIP codes · National median $1,932/mo

Rent check

Is your rent fair?

Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$1,380

1 BR

$1,390

2 BR

$1,580

3 BR

$2,190

4 BR+

$2,580

Research median

$1,580/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

Loading…

Last updated: October 17, 2026

From the history

What the numbers show

Past year vs. the rest of Virginia

Rent in ZIP 23502 changed +7.5% 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 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 ($63,208) is $1,580 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,580); a 3-bedroom is $2,190.

Rank in Norfolk

7th cheapest of 11 ZIP codes in Norfolk.

Cheaper nearby

ZIP 23504, 3 miles away, rents for 18% less ($1,457/mo), about $3,900 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 23502. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$21,360/yr

At $1,780/mo median

Location

CityNorfolk

StateVA

CountyNorfolk City

Rent Market Meter

Strong Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are up 7.5% year-over-year. Expect competition, and move quickly to lock in terms.

Based on rent-price momentum (+7.5% YoY, +1.0% MoM), not inventory.

Demographics

Who lives here

ZIP 23502 (Norfolk, VA) is roughly split between renters and owners, has a median income below the national average, 23.4% of residents hold a bachelor's degree or higher.

Population

20,399

Median income

$63,208

Median age

37.3

Renters

55%

Age distribution

20.6%

25.5%

23.7%

15.9%

14.3%

Under 1820.6%

18–3425.5%

35–5423.7%

55–6415.9%

65+14.3%

Gender

50.5%

49.5%

Male50.5%

Female49.5%

Race & ethnicity

30.6%

48.8%

13.4%

White30.6%

Black48.8%

Hispanic13.4%

Asian3.8%

Other3.4%

Education (25+)

33.6%

31.6%

23.4%

No HS diploma11.4%

HS diploma33.6%

Some college31.6%

Bachelor's+23.4%

Housing tenure

45%

55%

Owner45%

Renter55%

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

2021 vs 2026

How ZIP 23502 in Norfolk, VA has changed in 5 years

Income

$61,358 → $63,208

up 3.0%

Population

19,871 → 20,399

up 2.7%

Renter share

47.7% → 55%

+7.3 pts

Bachelor's+

25.6% → 23.4%

-2.2 pts

Median age

36.8 → 37.3

+0.5 yrs

On the earnings side, the typical household in ZIP 23502 in Norfolk, VA now reports about $63,208, up from $61,358 in 2021. Headcount in the area went from 19,871 to 20,399 between 2021 and 2024, a 2.7% change. About 55% of households rent today, against 47.7% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher slipped from 25.6% to 23.4%.

Community

Discussions about ZIP 23502

No discussions yet. Start the conversation.

Local insights

Tips for renters in ZIP 23502

About renting in ZIP 23502

Last updated: October 17, 2026

ZIP code 23502 covers Norfolk, VA. The median rent here is $1,780/mo as of October 2026. A 1-bedroom rents for a median of $1,390/mo. A 2-bedroom rents for a median of $1,580/mo.

At 34% of local median household income ($63,208/yr), ZIP 23502 ranks as moderate compared to the national benchmark of 30%. Rents have increased 7.5% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 23502?

To keep rent at or below 30% of gross income, you would need to earn at least $71,000/year (about $34/hour full-time) to afford the median rent of $1,780/mo in ZIP 23502. The local median household income is $63,208/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 23502?

Rent in ZIP 23502 has risen 7.5% over the past year.

How does ZIP 23502 compare to other ZIPs in Virginia?

ZIP 23502 is one of the more affordable among Virginia ZIP codes for rent, ranking #130 of 194 at $1,780/mo. Over the year to September 2026, rent in ZIP 23502 changed +7.5%, against a typical +3.4% across the 169 Virginia ZIP codes Zillow tracks.