Gross rental yield of 6.14% — ranked #66 of 226 Virginia ZIP codes. June 2026 data.
| Metric | 1-year change | 5-year change |
|---|---|---|
| Home value | +1.3% | +23.0% |
| Market rent | +8.9% | +46.6% |
Metro: Virginia Beach-Norfolk-Newport News, VA-NC · County: Norfolk City · Annual rent: $19,632
Similar home values, sorted by yield — the cheapest way to see if 23503 is actually the better buy.
| ZIP | City | ST | Home value | Rent/mo | Yield | P/R | Value 1y |
|---|---|---|---|---|---|---|---|
| 24073 | Christiansburg | VA | $314,002 | $1,693 | 6.47% | 15.5 | +3.0% |
| 23502 | Norfolk | VA | $316,128 | $1,632 | 6.19% | 16.1 | +1.0% |
| 22802 | Harrisonburg | VA | $323,701 | $1,657 | 6.14% | 16.3 | +3.5% |
| 22980 | Waynesboro | VA | $323,347 | $1,623 | 6.02% | 16.6 | +3.1% |
| 23234 | Richmond | VA | $315,163 | $1,575 | 6.00% | 16.7 | +3.8% |
| 24401 | Staunton | VA | $320,003 | $1,589 | 5.96% | 16.8 | +4.5% |
| 23602 | Newport News | VA | $317,625 | $1,549 | 5.85% | 17.1 | +3.0% |
| 24019 | Roanoke | VA | $314,436 | $1,418 | 5.41% | 18.5 | +3.8% |
Top rental yields in all of Virginia →
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