ZIP Code · VA

ZIP 23805

Part of Petersburg, VA

Pop. 21,408·Petersburg City·175th most expensive ZIP in Virginia

Median rent (all units)

$1,416/mo

Year-over-Year

+2.5%

Month-over-Month

+0.8%

vs US Median

-$516

Reported rents

Rising (Monthly)

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Most AffordableMost Expensive

ZIP 23805 · $1,416

More affordable than 79% of US ZIP codes · National median $1,932/mo

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Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$1,340

1 BR

$1,400

2 BR

$1,540

3 BR

$1,950

4 BR+

$2,410

Research median

$1,540/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

Past year vs. the rest of Virginia

Rent in ZIP 23805 changed +2.5% 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 2 months in a row, and rose in 8 of the last 12 months.

What a typical income covers

30% of the median household income ($60,807) is $1,520 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($1,400); a 2-bedroom is $1,540.

From Zillow's monthly rent index (ZORI) for ZIP 23805. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$16,992/yr

At $1,416/mo median

Location

CityPetersburg

StateVA

CountyPetersburg City

Rent Market Meter

Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are climbing (2.5% YoY), so leverage tilts toward landlords. Act sooner rather than later.

Based on rent-price momentum (+2.5% YoY, +0.8% MoM), not inventory.

Demographics

Who lives here

ZIP 23805 (Petersburg, VA) is majority owner-occupied, has a median income below the national average, 21.7% of residents hold a bachelor's degree or higher.

Population

21,408

Median income

$60,807

Median age

36.2

Renters

41.1%

Age distribution

23.6%

24.4%

20.3%

12.9%

18.9%

Under 1823.6%

18–3424.4%

35–5420.3%

55–6412.9%

65+18.9%

Gender

44.7%

55.3%

Male44.7%

Female55.3%

Race & ethnicity

31.6%

60.2%

White31.6%

Black60.2%

Hispanic4.9%

Asian1.9%

Other1.4%

Education (25+)

35.7%

33.3%

21.7%

No HS diploma9.2%

HS diploma35.7%

Some college33.3%

Bachelor's+21.7%

Housing tenure

58.9%

41.1%

Owner58.9%

Renter41.1%

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

2021 vs 2026

How ZIP 23805 in Petersburg, VA has changed in 5 years

Income

$58,709 → $60,807

up 3.6%

Population

21,507 → 21,408

down 0.5%

Renter share

45.3% → 41.1%

-4.2 pts

Bachelor's+

20.9% → 21.7%

+0.8 pts

Median age

38.8 → 36.2

-2.6 yrs

On the earnings side, the typical household in ZIP 23805 in Petersburg, VA now reports about $60,807, up from $58,709 in 2021. The renter share has eased from 45.3% to 41.1%, with owner-occupied housing accounting for the remainder.

Community

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Local insights

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About renting in ZIP 23805

Last updated: October 17, 2026

ZIP code 23805 covers Petersburg, VA. The median rent here is $1,416/mo as of October 2026. A 1-bedroom rents for a median of $1,400/mo. A 2-bedroom rents for a median of $1,540/mo.

At 28% of local median household income ($60,807/yr), ZIP 23805 ranks as affordable compared to the national benchmark of 30%. Rents have increased 2.5% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 23805?

To keep rent at or below 30% of gross income, you would need to earn at least $57,000/year (about $27/hour full-time) to afford the median rent of $1,416/mo in ZIP 23805. The local median household income is $60,807/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 23805?

Rent in ZIP 23805 has risen 2.5% over the past year.

How does ZIP 23805 compare to other ZIPs in Virginia?

ZIP 23805 is one of the more affordable among Virginia ZIP codes for rent, ranking #175 of 194 at $1,416/mo. Over the year to September 2026, rent in ZIP 23805 changed +2.5%, against a typical +3.4% across the 169 Virginia ZIP codes Zillow tracks.