ZIP Code · VA

ZIP 23834

Part of Colonial Heights, VA

Pop. 26,628·Chesterfield County·146th most expensive ZIP in Virginia

Median rent (all units)

$1,665/mo

Year-over-Year

-2.1%

Month-over-Month

-1.9%

vs US Median

-$267

Reported rents

Falling (Monthly)

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Most AffordableMost Expensive

ZIP 23834 · $1,665

More affordable than 60% 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 23834 changed -2.1% over the year to September 2026. Across the 169 Virginia ZIP codes Zillow tracks, the typical change was +3.4%.

Recent direction

Rent has fallen 6 months in a row, and rose in 5 of the last 12 months.

What a typical income covers

30% of the median household income ($84,338) is $2,108 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($1,950); a 4-bedroom is $2,410.

Cheaper nearby

ZIP 23803, 8 miles away, rents for 20% less ($1,329/mo), about $4,000 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 23834. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$19,980/yr

At $1,665/mo median

Location

CityColonial Heights

StateVA

CountyChesterfield County

Rent Market Meter

Renter's Market

Renter's MarketBalancedLandlord's Market

Rents are softening (down 2.1% YoY), so renters have negotiating leverage.

Based on rent-price momentum (-2.1% YoY, -1.9% MoM), not inventory.

Demographics

Who lives here

ZIP 23834 (Colonial Heights, VA) is majority owner-occupied, 29.5% of residents hold a bachelor's degree or higher.

Population

26,628

Median income

$84,338

Median age

Renters

26.4%

Age distribution

23.5%

19.9%

24.1%

14.6%

17.8%

Under 1823.5%

18–3419.9%

35–5424.1%

55–6414.6%

65+17.8%

Gender

48.1%

51.9%

Male48.1%

Female51.9%

Race & ethnicity

60.5%

24.3%

White60.5%

Black24.3%

Hispanic9.9%

Asian3.4%

Other1.8%

Education (25+)

30.4%

31.7%

29.5%

No HS diploma8.5%

HS diploma30.4%

Some college31.7%

Bachelor's+29.5%

Housing tenure

73.6%

26.4%

Owner73.6%

Renter26.4%

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

2021 vs 2026

How ZIP 23834 in Colonial Heights, VA has changed in 5 years

Income

$69,454 → $84,338

up 21.4%

Population

27,480 → 26,628

down 3.1%

Renter share

31% → 26.4%

-4.6 pts

Bachelor's+

25% → 29.5%

+4.5 pts

Median age

38.8 → 40

+1.2 yrs

Census figures show median household income at $84,338 today, compared with $69,454 five years earlier. Headcount in the area went from 27,480 to 26,628 between 2021 and 2024, a 3.1% change. About 26.4% of households rent today, against 31% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 25% to 29.5%.

Community

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Local insights

Tips for renters in ZIP 23834

About renting in ZIP 23834

Last updated: October 17, 2026

ZIP code 23834 covers Colonial Heights, VA. The median rent here is $1,665/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 24% of local median household income ($84,338/yr), ZIP 23834 ranks as affordable compared to the national benchmark of 30%. Rents have decreased 2.1% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 23834?

To keep rent at or below 30% of gross income, you would need to earn at least $67,000/year (about $32/hour full-time) to afford the median rent of $1,665/mo in ZIP 23834. The local median household income is $84,338/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 23834?

Rent in ZIP 23834 has fallen 2.1% over the past year.

How does ZIP 23834 compare to other ZIPs in Virginia?

ZIP 23834 is one of the more affordable among Virginia ZIP codes for rent, ranking #146 of 194 at $1,665/mo. Over the year to September 2026, rent in ZIP 23834 changed -2.1%, against a typical +3.4% across the 169 Virginia ZIP codes Zillow tracks.