Zip lookup · VA

23223
Richmond, Virginia.

Richmond, Henrico County, VA · Richmond, VA metro · population 54,659

What it costs per month · 23223 $1,552/mo

to buy the typical home at today's mortgage rate — +$881 (+131%) since Jan 2020.

What the home itself did
1 year
Up $4,288 +1%
$291,490$295,779 since Sep 2025
5 years
Up $68,920 +30%
$226,859$295,779 since Sep 2021

Monthly payment to buy the typical home

Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.

$500 $1,000 $1,500 $2,000 2002 2006 2010 2014 2018 2022 2026 23223 $1,552 United States $1,922
$500 $1,000 $1,500 $2,000 2002 2010 2018 2026
  • 23223$1,552
  • United States$1,922

At the last five years' pace, a typical home here doubles in price every 13 years.

Typical home values in zip 23223 rose 1.5% over the past year — faster than the nation's +1.2%.

Asking rents in zip 23223 rose 3.0% over the past year — faster than the nation's +2.7%.

Owning the typical home in zip 23223 runs $586/mo more than renting one. The gap peaked at $760 in Oct 2023.

That is $2,055 a month against $1,469 rent: a $1,552 mortgage payment, plus $186 property tax and $317 insurance & upkeep.

Owning vs renting — zip 23223

The owning line is the typical home's monthly payment at that month's rate, plus property tax and insurance & upkeep; the renting line is the typical asking rent; the grey line is the mortgage payment on its own. Same homes, same months, both ways of paying for a roof.

$500 $1,000 $1,500 $2,000 2018 2020 2022 2024 2026 Owning all in $2,055 Renting $1,469 Mortgage only $1,552
$500 $1,000 $1,500 $2,000 2018 2022 2026
  • Owning all in$2,055
  • Renting$1,469
  • Mortgage only$1,552

Property tax · $186/mo 0.76% of value a year — the ACS 2020-2024 median bill over the median home value for 2 counties

Insurance & upkeep · $317/mo insurance, maintenance and repairs together, from the BLS Consumer Expenditure Survey — the national figure for mortgaged homeowners, scaled to this market's home value. BLS publishes the three bundled and they cannot be split.

Both are priced off the same month's home value, so they rise with the market. Neither is a quote — a specific home's bill depends on its assessment, its age and its insurer.

This zip spans 2 counties: Henrico County, VA 77% · Richmond City, VA 23%

Zillow also publishes an index for the city itself: Richmond, VA — measured over the city limits, which is a different area from this zip.

Asking rent $1,469 as of Sep 2026
+3.0%year on year
Typical home value $295,779 as of Sep 2026
+1.5%year on year

Asking rent — 23223

Against the Richmond, VA metro and the national benchmark.

$1,000 $1,250 $1,500 $1,750 2018 2020 2022 2024 2026 23223 $1,469 Richmond $1,706 United States $1,932
$1,000 $1,250 $1,500 $1,750 2018 2022 2026
  • 23223$1,469
  • Richmond$1,706
  • United States$1,932

Typical home value — 23223

Mid-tier homes, smoothed and seasonally adjusted.

$200,000 $300,000 $400,000 2018 2020 2022 2024 2026 23223 $295,779 Richmond $392,106 United States $366,157
$200,000 $300,000 $400,000 2018 2022 2026
  • 23223$295,779
  • Richmond$392,106
  • United States$366,157

Within 20 miles

Showing 30 of 39 zips in range — sorting picks from all 39.

10 mi 20 mi 50 mi
Miles Zip City Population Rent Home value
2.9 23222 Richmond 26,322 $1,682 $276,606
3.2 23219 Richmond 4,062 $1,530 $360,326
3.5 23075 Henrico 8,347 $1,683 $257,207
4.5 23220 Richmond 34,671 $1,763 $446,587
5.3 23227 Richmond 24,925 $1,585 $392,587
6.1 23221 Richmond 14,402 $1,895 $645,519
6.2 23224 Richmond 40,575 $1,520 $243,565
6.5 23230 Richmond 8,910 $1,923 $416,616
7.6 23225 Richmond 42,771 $1,518 $367,296
7.6 23150 Sandston 12,544 $2,025 $320,286
7.8 23228 Henrico 36,527 $1,624 $328,234
7.8 23226 Richmond 15,477 $2,094 $586,496
8.2 23111 Mechanicsville 38,070 $2,224 $396,985
8.4 23116 Mechanicsville 34,188 $2,165 $511,789
8.5 23231 Henrico 38,544 $1,673 $333,364
8.6 23234 Richmond 47,465 $1,559 $309,463
10.3 23294 Henrico 20,216 $1,653 $357,740
10.6 23235 Richmond 33,461 $1,845 $415,336
10.7 23229 Henrico 35,689 $1,773 $521,985
11.1 23060 Glen Allen 36,497 $2,008 $452,640
11.4 23237 Richmond 27,126 $1,879 $325,915
12.3 23141 Quinton 7,814 — $423,440
12.7 23236 Richmond 27,903 $1,723 $391,368
14.4 23836 Chester 15,298 $1,803 $439,842
14.4 23059 Glen Allen 42,522 $2,079 $625,974
14.5 23106 Manquin 917 — $349,630
14.6 23238 Henrico 26,050 $1,771 $497,754
14.9 23233 Henrico 31,582 $1,950 $535,638
15.0 23069 Hanover 3,425 — $414,274
15.1 23831 Chester 39,529 $1,824 $381,109

Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.