ZIP Code · VA

ZIP 23832

Part of Chesterfield, VA

Pop. 41,442·Chesterfield County·113th most expensive ZIP in Virginia

Median rent (all units)

$1,891/mo

Year-over-Year

+3.8%

Month-over-Month

-0.2%

vs US Median

-$41

Reported rents

Stable (Monthly)

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Most AffordableMost Expensive

ZIP 23832 · $1,891

More expensive than 55% of US ZIP codes · National median $1,932/mo

Rent check

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Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$1,890

1 BR

$1,980

2 BR

$2,170

3 BR

$2,720

4 BR+

$3,350

Research median

$2,170/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

Compared with the peak

Rent in ZIP 23832 is 0.2% below its high of $1,895 in August 2026, at $1,891 as of September 2026.

Past year vs. the rest of Virginia

Rent in ZIP 23832 changed +3.8% over the year to September 2026. Across the 169 Virginia ZIP codes Zillow tracks, the typical change was +3.4%.

Recent direction

Rent rose in 8 of the last 12 months.

What a typical income covers

30% of the median household income ($111,684) is $2,792 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($2,720); a 4-bedroom is $3,350.

Cheaper nearby

ZIP 23234, 8 miles away, rents for 18% less ($1,559/mo), about $4,000 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 23832. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$22,692/yr

At $1,891/mo median

Location

CityChesterfield

StateVA

CountyChesterfield County

Rent Market Meter

Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are climbing (3.8% YoY), so leverage tilts toward landlords. Act sooner rather than later.

Based on rent-price momentum (+3.8% YoY, -0.2% MoM), not inventory.

Demographics

Who lives here

ZIP 23832 (Chesterfield, VA) is majority owner-occupied, has a large share of families with children, has a median income above the national average, 41.1% of residents hold a bachelor's degree or higher.

Population

41,442

Median income

$111,684

Median age

37.4

Renters

14.3%

Age distribution

25.1%

20.7%

30%

13.5%

Under 1825.1%

18–3420.7%

35–5430%

55–6410.8%

65+13.5%

Gender

48.2%

51.8%

Male48.2%

Female51.8%

Race & ethnicity

54%

27.2%

White54%

Black27.2%

Hispanic9.2%

Asian4.5%

Other5.1%

Education (25+)

24.8%

29%

41.1%

No HS diploma5.1%

HS diploma24.8%

Some college29%

Bachelor's+41.1%

Housing tenure

85.7%

14.3%

Owner85.7%

Renter14.3%

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

2021 vs 2026

How ZIP 23832 in Chesterfield, VA has changed in 5 years

Income

$93,649 → $111,684

up 19.3%

Population

39,273 → 41,442

up 5.5%

Renter share

12.9% → 14.3%

+1.4 pts

Bachelor's+

38.3% → 41.1%

+2.8 pts

Median age

38.1 → 37.4

-0.7 yrs

Median household income grew from $93,649 to $111,684 between 2021 and 2024, a 19.3% shift. Headcount in the area went from 39,273 to 41,442 between 2021 and 2024, a 5.5% change. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 38.3% to 41.1%.

Community

Discussions about ZIP 23832

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Local insights

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About renting in ZIP 23832

Last updated: October 17, 2026

ZIP code 23832 covers Chesterfield, VA. The median rent here is $1,891/mo as of October 2026. A 1-bedroom rents for a median of $1,980/mo. A 2-bedroom rents for a median of $2,170/mo.

At 20% of local median household income ($111,684/yr), ZIP 23832 ranks as affordable compared to the national benchmark of 30%. Rents have increased 3.8% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 23832?

To keep rent at or below 30% of gross income, you would need to earn at least $76,000/year (about $37/hour full-time) to afford the median rent of $1,891/mo in ZIP 23832. The local median household income is $111,684/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 23832?

Rent in ZIP 23832 has risen 3.8% over the past year as of September 2026. It sits 0.2% below its high of $1,895 in August 2026.

How does ZIP 23832 compare to other ZIPs in Virginia?

ZIP 23832 is in the middle among Virginia ZIP codes for rent, ranking #113 of 194 at $1,891/mo. Over the year to September 2026, rent in ZIP 23832 changed +3.8%, against a typical +3.4% across the 169 Virginia ZIP codes Zillow tracks.