ZIP Code · VA

ZIP 23901

Part of Farmville, VA

Pop. 15,173·Prince Edward County·191st most expensive ZIP in Virginia

Median rent (all units)

$1,252/mo

Year-over-Year

Stable

Month-over-Month

-1.4%

vs US Median

-$680

Reported rents

Falling (Monthly)

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Most AffordableMost Expensive

ZIP 23901 · $1,252

More affordable than 89% of US ZIP codes · National median $1,932/mo

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Medians by bedroom

Rent by unit size

Studio

$940

1 BR

$950

2 BR

$1,130

3 BR

$1,360

4 BR+

$1,600

Research median

$1,130/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: September 25, 2026

From the history

What the numbers show

What a typical income covers

30% of the median household income ($55,886) is $1,397 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($1,360); a 4-bedroom is $1,600.

From Zillow's monthly rent index (ZORI) for ZIP 23901. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$15,024/yr

At $1,252/mo median

Location

CityFarmville

StateVA

CountyPrince Edward County

Rent Market Meter

Renter's Market

Renter's MarketBalancedLandlord's Market

Rents are softening (down 0.0% YoY), so renters have negotiating leverage.

Based on rent-price momentum (+0.0% YoY, -1.4% MoM), not inventory.

Demographics

Who lives here

ZIP 23901 (Farmville, VA) is majority owner-occupied, skews toward younger working-age adults, has a median income below the national average, 32% of residents hold a bachelor's degree or higher.

Population

15,173

Median income

$55,886

Median age

34.4

Renters

43.6%

Age distribution

16.1%

34.7%

19.2%

19.1%

Under 1816.1%

18–3434.7%

35–5419.2%

55–6410.9%

65+19.1%

Gender

50.8%

49.2%

Male50.8%

Female49.2%

Race & ethnicity

62%

29.2%

White62%

Black29.2%

Hispanic4.3%

Asian0.8%

Other3.6%

Education (25+)

13.3%

31.7%

23%

32%

No HS diploma13.3%

HS diploma31.7%

Some college23%

Bachelor's+32%

Housing tenure

56.4%

43.6%

Owner56.4%

Renter43.6%

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

2021 vs 2026

How ZIP 23901 in Farmville, VA has changed in 5 years

Income

$49,531 → $55,886

up 12.8%

Population

15,761 → 15,173

down 3.7%

Renter share

38.6% → 43.6%

+5.0 pts

Bachelor's+

30.3% → 32%

+1.7 pts

On the earnings side, the typical household in ZIP 23901 in Farmville, VA now reports about $55,886, up from $49,531 in 2021. Census counts show ZIP 23901 in Farmville, VA losing about 588 residents over the five-year window, down 3.7% on net. The renter share has risen from 38.6% to 43.6%, with owner-occupied housing accounting for the remainder.

Community

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Local insights

Tips for renters in ZIP 23901

About renting in ZIP 23901

Last updated: September 25, 2026

ZIP code 23901 covers Farmville, VA. The median rent here is $1,252/mo as of September 2026. A 1-bedroom rents for a median of $950/mo. A 2-bedroom rents for a median of $1,130/mo.

At 27% of local median household income ($55,886/yr), ZIP 23901 ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 23901?

To keep rent at or below 30% of gross income, you would need to earn at least $50,000/year (about $24/hour full-time) to afford the median rent of $1,252/mo in ZIP 23901. The local median household income is $55,886/yr, so the typical household meets that bar.