RentYield Atlas

ZIP 23234 — Richmond, VA: rental yield & market data

Gross rental yield of 6.0% — ranked #72 of 226 Virginia ZIP codes. June 2026 data.

Gross rental yield
6.0%
Home value
$315,163
Market rent / mo
$1,575
Price-to-rent
16.7

Trend

Metric1-year change5-year change
Home value+3.8% +37.4%
Market rent+2.4% +37.5%

Metro: Richmond, VA · County: Chesterfield County · Annual rent: $18,900

Comparable ZIP codes in Virginia

Similar home values, sorted by yield — the cheapest way to see if 23234 is actually the better buy.

ZIPCitySTHome valueRent/moYieldP/RValue 1y
23664HamptonVA$311,327$2,0167.77%12.9-2.1%
24073ChristiansburgVA$314,002$1,6936.47%15.5+3.0%
23502NorfolkVA$316,128$1,6326.19%16.1+1.0%
23503NorfolkVA$319,789$1,6366.14%16.3+1.3%
24153SalemVA$313,992$1,5365.87%17.0+4.3%
23602Newport NewsVA$317,625$1,5495.85%17.1+3.0%
24019RoanokeVA$314,436$1,4185.41%18.5+3.8%
24015RoanokeVA$311,551$1,3335.13%19.5+1.9%

Top rental yields in all of Virginia →

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