RentYield Atlas

ZIP 23702 — Portsmouth, VA: rental yield & market data

Gross rental yield of 8.2% — ranked #7 of 226 Virginia ZIP codes. June 2026 data.

Gross rental yield
8.2%
Home value
$230,648
Market rent / mo
$1,576
Price-to-rent
12.2

Trend

Metric1-year change5-year change
Home value-0.5% +31.8%
Market rent+5.1%

Metro: Virginia Beach-Norfolk-Newport News, VA-NC · County: Portsmouth City · Annual rent: $18,912

Comparable ZIP codes in Virginia

Similar home values, sorted by yield — the cheapest way to see if 23702 is actually the better buy.

ZIPCitySTHome valueRent/moYieldP/RValue 1y
23663HamptonVA$242,545$1,7168.49%11.8+1.1%
23704PortsmouthVA$240,862$1,6047.99%12.5-2.4%
23605Newport NewsVA$233,516$1,5367.89%12.7+0.7%
23661HamptonVA$249,336$1,5967.68%13.0-1.9%
23224RichmondVA$248,787$1,5567.50%13.3+1.9%
24012RoanokeVA$236,261$1,4597.41%13.5+1.1%
23860HopewellVA$238,150$1,3146.62%15.1+2.4%
23803PetersburgVA$241,972$1,2586.24%16.0+2.3%

Top rental yields in all of Virginia →

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