ZIP Code · VA

ZIP 23602

Pop. 42,265·Newport News City·135th most expensive ZIP in Virginia
Median rent (all units)
$1,736/mo
Year-over-Year
+9.2%
Month-over-Month
+0.8%
vs US Median
-$196
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 23602 · $1,736
More affordable than 55% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,580
1 BR
$1,600
2 BR
$1,810
3 BR
$2,510
4 BR+
$2,960
Research median
$1,810/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: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

January. Asking rents in ZIP 23602 usually run 0.7% below trend in January and 0.6% above it in July, about $23 a month apart at today's median. Based on 11 years of data.

Compared with the peak

Rent in ZIP 23602 is at its highest level since Zillow's records here began in January 2015.

Past year vs. the rest of Virginia

Rent in ZIP 23602 changed +9.2% over the year to September 2026. Across the 169 Virginia ZIP codes Zillow tracks, the typical change was +3.4%.

Rent vs. income since 2019

From 2019 to 2024, rent in ZIP 23602 rose 42.7% while median household income rose 26.1% ($63,039 to $79,475). Rent outpaced income.

Since before the pandemic

Rent in ZIP 23602 is 58.7% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has risen 4 months in a row, and rose in 9 of the last 12 months.

What a typical income covers

30% of the median household income ($79,475) is $1,987 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,810); a 3-bedroom is $2,510.

Rank in Newport News

6th cheapest of 6 ZIP codes in Newport News.

Cheaper nearby

ZIP 23601, 6 miles away, rents for 16% less ($1,450/mo), about $3,400 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 23602. 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.

Annual cost
$20,832/yr
At $1,736/mo median
Location
StateVA
CountyNewport News City
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 9.2% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+9.2% YoY, +0.8% MoM), not inventory.
Demographics

Who lives here

ZIP 23602 (Newport News, VA) is roughly split between renters and owners, 37.1% of residents hold a bachelor's degree or higher.

Population
42,265
Median income
$79,475
Median age
35
Renters
46.7%
Age distribution
21.8%
28.3%
23.2%
15.2%
Under 1821.8%
18–3428.3%
35–5423.2%
55–6411.6%
65+15.2%
Gender
48.4%
51.6%
Male48.4%
Female51.6%
Race & ethnicity
43.8%
35.6%
White43.8%
Black35.6%
Hispanic11.5%
Asian4.8%
Other4.3%
Education (25+)
26.4%
31.2%
37.1%
No HS diploma5.4%
HS diploma26.4%
Some college31.2%
Bachelor's+37.1%
Housing tenure
53.3%
46.7%
Owner53.3%
Renter46.7%

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

2021 vs 2026

How ZIP 23602 in Newport News, VA has changed in 5 years

Rent
$1,255 → $1,736
up 38.3%
Income
$64,855 → $79,475
up 22.5%
Population
41,330 → 42,265
up 2.3%
Renter share
48.8% → 46.7%
-2.1 pts
Bachelor's+
34.8% → 37.1%
+2.3 pts
Median age
36 → 35
-1.0 yrs

Compared with 2021, rent in ZIP 23602 in Newport News, VA has increased by $481 per month, settling near $1,736 after starting the period at $1,255. Median household income grew from $64,855 to $79,475 between 2021 and 2024, a 22.5% shift. Rent outpaced income growth by roughly 15.8 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 41,330 to 42,265 between 2021 and 2024, a 2.3% change. About 46.7% of households rent today, against 48.8% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 34.8% to 37.1%. Taken together, the five-year picture in ZIP 23602 in Newport News, 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

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About renting in ZIP 23602

Last updated: October 17, 2026

ZIP code 23602 covers Newport News, VA. The median rent here is $1,736/mo as of October 2026. A 1-bedroom rents for a median of $1,600/mo. A 2-bedroom rents for a median of $1,810/mo.

At 26% of local median household income ($79,475/yr), ZIP 23602 ranks as affordable compared to the national benchmark of 30%. Rents have increased 9.2% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 23602?

To keep rent at or below 30% of gross income, you would need to earn at least $69,000/year (about $33/hour full-time) to afford the median rent of $1,736/mo in ZIP 23602. The local median household income is $79,475/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 23602?

Rent in ZIP 23602 has risen 9.2% over the past year as of September 2026. That is the highest level since Zillow's records here began in January 2015.

When is the cheapest time to rent in ZIP 23602?

Asking rents in ZIP 23602 are usually lowest in January, about 0.7% below their yearly trend, and highest in July, about 0.6% above it. At today's median that is a gap of roughly $23 a month. This pattern comes from 11 years of Zillow rent data.

Has rent outpaced income in ZIP 23602?

Yes. From 2019 to 2024, rent in ZIP 23602 rose 42.7% while median household income rose 26.1%, from $63,039 to $79,475. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 23602 compare to other ZIPs in Virginia?

ZIP 23602 is one of the more affordable among Virginia ZIP codes for rent, ranking #135 of 194 at $1,736/mo. Over the year to September 2026, rent in ZIP 23602 changed +9.2%, against a typical +3.4% across the 169 Virginia ZIP codes Zillow tracks.

How does ZIP 23602 compare to the rest of Newport News?

At $1,736/mo, ZIP 23602 is $143 above the Newport News citywide median of $1,593/mo. It is the 6th cheapest of 6 ZIP codes in Newport News.
Income Affordability
26%
AFFORDABLE

At $1,736/mo, rent takes ~26% of ZIP 23602's median household income ($79,475/yr). The standard benchmark is 30%.

ZIP 23602 26%Benchmark 30%
State income tax2–5.75%
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