RentYield Atlas

ZIP 23507 — Norfolk, VA: rental yield & market data

Gross rental yield of 4.1% — ranked #189 of 226 Virginia ZIP codes. June 2026 data.

Gross rental yield
4.1%
Home value
$489,259
Market rent / mo
$1,673
Price-to-rent
24.4

Trend

Metric1-year change5-year change
Home value+0.9% +17.9%
Market rent+3.5%

Metro: Virginia Beach-Norfolk-Newport News, VA-NC · County: Norfolk City · Annual rent: $20,076

Comparable ZIP codes in Virginia

Similar home values, sorted by yield — the cheapest way to see if 23507 is actually the better buy.

ZIPCitySTHome valueRent/moYieldP/RValue 1y
22656StephensonVA$488,124$2,5176.19%16.2+0.7%
22405FredericksburgVA$481,194$2,3935.97%16.8+0.8%
23114MidlothianVA$474,803$2,1875.53%18.1+2.2%
22191WoodbridgeVA$490,645$2,1815.33%18.7+0.3%
22902CharlottesvilleVA$492,646$2,0895.09%19.7+0.2%
23188WilliamsburgVA$477,301$2,0125.06%19.8+0.0%
22401FredericksburgVA$475,219$1,9674.97%20.1+1.2%
22485King GeorgeVA$480,176$1,8524.63%21.6+2.5%

Top rental yields in all of Virginia →

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