ZIP 23221 — Richmond, VA: rental yield & market data
Gross rental yield of 3.17% — ranked #217 of 226 Virginia ZIP codes. June 2026 data.
Gross rental yield
3.17%
Home value
$663,117
Market rent / mo
$1,749
Price-to-rent
31.6
Trend
| Metric | 1-year change | 5-year change |
|---|---|---|
| Home value | +1.9% | +32.5% |
| Market rent | +4.4% | +37.8% |
Metro: Richmond, VA · County: Richmond City · Annual rent: $20,988
Comparable ZIP codes in Virginia
Similar home values, sorted by yield — the cheapest way to see if 23221 is actually the better buy.
| ZIP | City | ST | Home value | Rent/mo | Yield | P/R | Value 1y |
|---|---|---|---|---|---|---|---|
| 22203 | Arlington | VA | $654,267 | $2,995 | 5.49% | 18.2 | +0.6% |
| 22315 | Alexandria | VA | $678,875 | $2,889 | 5.11% | 19.6 | -1.4% |
| 22310 | Alexandria | VA | $676,972 | $2,825 | 5.01% | 20.0 | -0.9% |
| 22079 | Lorton | VA | $689,397 | $2,552 | 4.44% | 22.5 | +0.5% |
| 22150 | Springfield | VA | $679,029 | $2,505 | 4.43% | 22.6 | +0.1% |
| 22312 | Lincolnia | VA | $640,592 | $2,104 | 3.94% | 25.4 | -0.2% |
| 22306 | Alexandria | VA | $644,936 | $2,044 | 3.80% | 26.3 | -0.2% |
| 23451 | Virginia Beach | VA | $665,510 | $2,100 | 3.79% | 26.4 | +3.8% |
Top rental yields in all of Virginia →
Full dataset — all 8,427 ZIP codes · $19 one-time
Screening more than one ZIP? Get every Virginia ZIP and all 49 other states at once. CSV, opens in Excel / Sheets / pandas. 13 columns incl. metro, county, price-to-rent, 1y & 5y value and rent growth.
Instant download after checkout · what's inside