RentYield Atlas

ZIP 23831 — Chester, VA: rental yield & market data

Gross rental yield of 5.68% — ranked #92 of 226 Virginia ZIP codes. June 2026 data.

Gross rental yield
5.68%
Home value
$386,695
Market rent / mo
$1,832
Price-to-rent
17.6

Trend

Metric1-year change5-year change
Home value+2.2% +28.0%
Market rent+0.4% +20.1%

Metro: Richmond, VA · County: Chesterfield County · Annual rent: $21,984

Comparable ZIP codes in Virginia

Similar home values, sorted by yield — the cheapest way to see if 23831 is actually the better buy.

ZIPCitySTHome valueRent/moYieldP/RValue 1y
22963PalmyraVA$383,404$2,0896.54%15.3+0.6%
23320ChesapeakeVA$393,719$2,0456.23%16.0+3.4%
23453Virginia BeachVA$378,278$1,9216.09%16.4+3.3%
23508NorfolkVA$385,772$1,9255.99%16.7-0.2%
23452Virginia BeachVA$390,924$1,8175.58%17.9+4.0%
22812BridgewaterVA$382,297$1,6255.10%19.6+0.8%
24018RoanokeVA$386,060$1,6355.08%19.7+3.6%
23225RichmondVA$377,693$1,5414.90%20.4+1.1%

Top rental yields in all of Virginia →

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