RentYield Atlas

ZIP 23321 — Chesapeake, VA: rental yield & market data

Gross rental yield of 5.45% — ranked #115 of 226 Virginia ZIP codes. June 2026 data.

Gross rental yield
5.45%
Home value
$408,901
Market rent / mo
$1,856
Price-to-rent
18.4

Trend

Metric1-year change5-year change
Home value+3.1% +28.6%
Market rent+8.4%

Metro: Virginia Beach-Norfolk-Newport News, VA-NC · County: Chesapeake City · Annual rent: $22,272

Comparable ZIP codes in Virginia

Similar home values, sorted by yield — the cheapest way to see if 23321 is actually the better buy.

ZIPCitySTHome valueRent/moYieldP/RValue 1y
23430SmithfieldVA$411,518$2,4987.28%13.7+3.0%
22655Stephens CityVA$409,509$2,2366.55%15.3+0.4%
23111MechanicsvilleVA$403,083$2,1416.37%15.7+3.1%
23832ChesterfieldVA$415,171$2,1466.20%16.1+1.9%
22630Front RoyalVA$409,719$1,9935.84%17.1+2.4%
23464Virginia BeachVA$414,378$1,9915.77%17.3+3.6%
23236RichmondVA$399,445$1,6895.07%19.7+2.6%
23227HenricoVA$403,230$1,6214.82%20.7+1.3%

Top rental yields in all of Virginia →

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