RentYield Atlas

ZIP 23220 — Richmond, VA: rental yield & market data

Gross rental yield of 4.74% — ranked #160 of 226 Virginia ZIP codes. June 2026 data.

Gross rental yield
4.74%
Home value
$457,817
Market rent / mo
$1,807
Price-to-rent
21.1

Trend

Metric1-year change5-year change
Home value+0.8% +19.3%
Market rent+3.2% +31.4%

Metro: Richmond, VA · County: Richmond City · Annual rent: $21,684

Comparable ZIP codes in Virginia

Similar home values, sorted by yield — the cheapest way to see if 23220 is actually the better buy.

ZIPCitySTHome valueRent/moYieldP/RValue 1y
23435SuffolkVA$457,417$2,2055.78%17.3+1.8%
23692YorktownVA$462,959$2,2015.71%17.5+1.9%
20109ManassasVA$460,586$2,1535.61%17.8+0.8%
22408FredericksburgVA$455,786$2,1105.56%18.0+0.6%
23454Virginia BeachVA$466,462$2,1545.54%18.0+3.1%
23060Glen AllenVA$459,790$1,9785.16%19.4+0.2%
23005AshlandVA$460,134$1,9535.09%19.6+4.2%
22701CulpeperVA$461,415$1,9084.96%20.2+3.2%

Top rental yields in all of Virginia →

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