RentYield Atlas

ZIP 23707 — Portsmouth, VA: rental yield & market data

Gross rental yield of 6.81% — ranked #36 of 226 Virginia ZIP codes. June 2026 data.

Gross rental yield
6.81%
Home value
$258,487
Market rent / mo
$1,467
Price-to-rent
14.7

Trend

Metric1-year change5-year change
Home value+0.8% +29.1%
Market rent

Metro: Virginia Beach-Norfolk-Newport News, VA-NC · County: Portsmouth City · Annual rent: $17,604

Comparable ZIP codes in Virginia

Similar home values, sorted by yield — the cheapest way to see if 23707 is actually the better buy.

ZIPCitySTHome valueRent/moYieldP/RValue 1y
23663HamptonVA$242,545$1,7168.49%11.8+1.1%
23075Highland SpringsVA$261,342$1,6747.69%13.0+1.9%
23661HamptonVA$249,336$1,5967.68%13.0-1.9%
23224RichmondVA$248,787$1,5567.50%13.3+1.9%
23701PortsmouthVA$267,566$1,6687.48%13.4+1.4%
23504NorfolkVA$272,608$1,6047.06%14.2+0.8%
23805PetersburgVA$270,454$1,4706.52%15.3+2.2%
24572Madison HeightsVA$249,935$1,3516.49%15.4-0.1%

Top rental yields in all of Virginia →

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