RentYield Atlas

ZIP 23505 — Norfolk, VA: rental yield & market data

Gross rental yield of 6.14% — ranked #66 of 226 Virginia ZIP codes. June 2026 data.

Gross rental yield
6.14%
Home value
$333,249
Market rent / mo
$1,706
Price-to-rent
16.3

Trend

Metric1-year change5-year change
Home value+1.7% +20.8%
Market rent+7.2%

Metro: Virginia Beach-Norfolk-Newport News, VA-NC · County: Norfolk City · Annual rent: $20,472

Comparable ZIP codes in Virginia

Similar home values, sorted by yield — the cheapest way to see if 23505 is actually the better buy.

ZIPCitySTHome valueRent/moYieldP/RValue 1y
22443Colonial BeachVA$329,625$2,0567.49%13.4-0.8%
23462Virginia BeachVA$330,047$1,9897.23%13.8+3.9%
23325ChesapeakeVA$333,098$1,9607.06%14.2+3.2%
23510NorfolkVA$330,063$1,7666.42%15.6-1.5%
23517NorfolkVA$328,814$1,7576.41%15.6-0.5%
23237BellwoodVA$332,246$1,7316.25%16.0+3.3%
23228LakesideVA$337,979$1,7116.08%16.5+1.4%
23231HenricoVA$339,084$1,7176.08%16.5+2.2%

Top rental yields in all of Virginia →

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