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ZIP Code · VA

ZIP 24153

Part of Salem, VA
Pop. 38,914·Salem City·174th most expensive ZIP in Virginia
Median rent (all units)
$1,536/mo
Year-over-Year
+7.3%
Month-over-Month
-2.2%
vs US Median
-$429
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 24153 · $1,536
More affordable than 71% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,120
1 BR
$1,180
2 BR
$1,400
3 BR
$1,950
4 BR+
$2,350
Research median
$1,400/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: July 20, 2026

Annual cost
$18,432/yr
At $1,536/mo median
Location
CitySalem
StateVA
CountySalem City
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (7.3% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+7.3% YoY, -2.2% MoM), not inventory.
Demographics

Who lives here

ZIP 24153 (Salem, VA) is majority owner-occupied, has a large retiree population, 31.3% of residents hold a bachelor's degree or higher.

Population
38,914
Median income
$74,260
Median age
42.3
Renters
28.7%
Age distribution
18.7%
21.9%
25%
13.4%
20.9%
Under 1818.7%
18–3421.9%
35–5425%
55–6413.4%
65+20.9%
Gender
49.1%
50.9%
Male49.1%
Female50.9%
Race & ethnicity
84.3%
White84.3%
Black7.5%
Hispanic4.9%
Asian1.6%
Other1.7%
Education (25+)
32.3%
30.8%
31.3%
No HS diploma5.5%
HS diploma32.3%
Some college30.8%
Bachelor's+31.3%
Housing tenure
71.3%
28.7%
Owner71.3%
Renter28.7%

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

2021 vs 2026

How ZIP 24153 in Salem, VA has changed in 5 years

Income
$70,168 → $74,260
up 5.8%
Population
38,178 → 38,914
up 1.9%
Renter share
28% → 28.7%
+0.7 pts
Bachelor's+
30.7% → 31.3%
+0.6 pts

On the earnings side, the typical household in ZIP 24153 in Salem, VA now reports about $74,260, up from $70,168 in 2021. The population has grown by 1.9% since 2021, moving from about 38,178 residents to roughly 38,914.

Community

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Local insights

Tips for renters in ZIP 24153

About renting in ZIP 24153

Last updated: July 20, 2026

ZIP code 24153 covers Salem, VA. The median rent here is $1,536/mo as of July 2026. A 1-bedroom rents for a median of $1,180/mo. A 2-bedroom rents for a median of $1,400/mo.

At 25% of local median household income ($74,260/yr), ZIP 24153 ranks as affordable compared to the national benchmark of 30%. Rents have increased 7.3% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 24153?

As of July 20, 2026, the median monthly rent in ZIP 24153 (Salem, VA) is $1,536. This is based on aggregated data from public sources and community submissions.

How does ZIP 24153 rent compare to the US average?

ZIP 24153's median rent of $1,536/mo is $429 (22%) below the US national median of $1,965/mo.

How does ZIP 24153 compare to other ZIPs in Virginia?

ZIP 24153 is among the more affordable ZIP codes in Virginia, ranking #174 out of 198 ZIPs at $1,536/mo.

How much income do you need to rent in ZIP 24153?

To keep rent at or below 30% of gross income, you would need to earn at least $61,000/year (~$29/hour full-time) to afford the median rent of $1,536/mo in ZIP 24153. The local median household income is $74,260/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 24153?

Rent in ZIP 24153 has increased 7.3% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 24153 an affordable place to rent?

ZIP 24153 is considered affordable for renters. At $1,536/mo, rent takes approximately 25% of the local median household income ($74,260/yr). The standard benchmark is 30%. ZIP 24153 falls comfortably within that range.

What percentage of ZIP 24153 residents rent vs. own?

According to Census data, approximately 28.7% of ZIP 24153 households are renters, while 71.3% are owner-occupied. ZIP 24153 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 24153 compare to the rest of Salem?

ZIP 24153 sits right at the Salem citywide median of $1,536/mo.

When was rent data for ZIP 24153 last updated?

Rent data for ZIP 24153 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
25%
AFFORDABLE

At $1,536/mo, rent takes ~25% of ZIP 24153's median household income ($74,260/yr). The standard benchmark is 30%.

ZIP 24153 25%Benchmark 30%
State income tax2–5.75%
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Schools nearby

Public schools near ZIP 24153 (Salem, VA)

Recent submissions

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