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ZIP Code · VA

ZIP 23517

Part of Norfolk, VA
Pop. 4,932·Norfolk City·137th most expensive ZIP in Virginia
Median rent (all units)
$1,782/mo
Year-over-Year
+7.9%
Month-over-Month
+1.4%
vs US Median
-$180
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 23517 · $1,782
More affordable than 53% of US ZIP codes · National median $1,962/mo
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Medians by bedroom

Rent by unit size

Studio
$1,450
1 BR
$1,470
2 BR
$1,660
3 BR
$2,300
4 BR+
$2,710
Research median
$1,660/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: August 17, 2026

Annual cost
$21,384/yr
At $1,782/mo median
Location
StateVA
CountyNorfolk City
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 7.9% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+7.9% YoY, +1.4% MoM), not inventory.
Demographics

Who lives here

ZIP 23517 (Norfolk, VA) is majority renter-occupied, skews toward younger working-age adults, 54.2% of residents hold a bachelor's degree or higher.

Population
4,932
Median income
$67,375
Median age
36.7
Renters
68.1%
Age distribution
36%
28.1%
14.4%
Under 1811%
18–3436%
35–5428.1%
55–6410.4%
65+14.4%
Gender
52%
48%
Male52%
Female48%
Race & ethnicity
63.6%
23.4%
White63.6%
Black23.4%
Hispanic6%
Asian2.5%
Other4.5%
Education (25+)
15.1%
26.3%
54.2%
No HS diploma4.4%
HS diploma15.1%
Some college26.3%
Bachelor's+54.2%
Housing tenure
31.9%
68.1%
Owner31.9%
Renter68.1%

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

2021 vs 2026

How ZIP 23517 in Norfolk, VA has changed in 5 years

Rent
$1,319 → $1,782
up 35.1%
Income
$53,839 → $67,375
up 25.1%
Population
4,243 → 4,932
up 16.2%
Renter share
77.7% → 68.1%
-9.6 pts
Bachelor's+
53.6% → 54.2%
+0.6 pts

Compared with 2021, rent in ZIP 23517 in Norfolk, VA has climbed by $463 per month, settling near $1,782 after starting the period at $1,319. Census figures show median household income at $67,375 today, compared with $53,839 five years earlier. Rent outpaced income growth by roughly 10.0 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 4,243 to 4,932 between 2021 and 2024, a 16.2% change. About 68.1% of households rent today, against 77.7% in 2021. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.

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Local insights

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About renting in ZIP 23517

Last updated: August 17, 2026

ZIP code 23517 covers Norfolk, VA. The median rent here is $1,782/mo as of August 2026. A 1-bedroom rents for a median of $1,470/mo. A 2-bedroom rents for a median of $1,660/mo.

At 32% of local median household income ($67,375/yr), ZIP 23517 ranks as moderate compared to the national benchmark of 30%. Rents have increased 7.9% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 23517?

As of August 17, 2026, the median monthly rent in ZIP 23517 (Norfolk, VA) is $1,782. This is based on aggregated data from public sources and community submissions.

How does ZIP 23517 rent compare to the US average?

ZIP 23517's median rent of $1,782/mo is $180 (9%) below the US national median of $1,962/mo.

How does ZIP 23517 compare to other ZIPs in Virginia?

ZIP 23517 is among the more affordable ZIP codes in Virginia, ranking #137 out of 201 ZIPs at $1,782/mo.

How much income do you need to rent in ZIP 23517?

To keep rent at or below 30% of gross income, you would need to earn at least $71,000/year (~$34/hour full-time) to afford the median rent of $1,782/mo in ZIP 23517. The local median household income is $67,375/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 23517?

Rent in ZIP 23517 has increased 7.9% over the past year as of August 17, 2026, putting upward pressure on renter budgets.

Is ZIP 23517 an affordable place to rent?

ZIP 23517 is considered moderate for renters. At $1,782/mo, rent takes approximately 32% of the local median household income ($67,375/yr). The standard benchmark is 30%. ZIP 23517 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 23517 residents rent vs. own?

According to Census data, approximately 68.1% of ZIP 23517 households are renters, while 31.9% are owner-occupied. With a majority renter population, ZIP 23517 has a strong rental market.

How does ZIP 23517 compare to the rest of Norfolk?

ZIP 23517 is pricier than Norfolk as a whole. At $1,782/mo, it's $46 above the Norfolk citywide median of $1,736/mo.

When was rent data for ZIP 23517 last updated?

Rent data for ZIP 23517 reflects August 17, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
32%
MODERATE

At $1,782/mo, rent takes ~32% of ZIP 23517's median household income ($67,375/yr). The standard benchmark is 30%.

ZIP 23517 32%Benchmark 30%
State income tax2–5.75%
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Schools nearby

Public schools near ZIP 23517 (Norfolk, VA)

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