Richmond area rankings: ZIP codes and suburbs by home value, rent and income

September 2026 figures from Zillow and the U.S. Census Bureau · Richmond, VA metro area · updated 2026-11-15

Typical home value

$392,000

+2.6% in a year · U.S.: $366,000

Typical rent

$1,706

+2.7% in a year · U.S.: $1,932

Median household income

$86,679

U.S.: $80,734

Population

1,389,338

Census estimate, July 2025

11 rankings for the Richmond area

Cheapest ZIP codes in the Richmond areaFirst place: ZIP code 23867 (Jarratt, VA): $167,000 · 76 ZIP codes listed
Most expensive ZIP codes in the Richmond areaFirst place: ZIP code 23103 (Manakin Sabot, VA): $794,000 · 76 ZIP codes listed
Where home prices are rising fastest in the Richmond areaFirst place: ZIP code 23888 (Wakefield, VA): +7.8% · 75 ZIP codes listed
Cheapest rent in the Richmond area, by ZIP codeFirst place: ZIP code 23860 (Hopewell, VA): $1,200 · 39 ZIP codes listed
Highest rent in the Richmond area, by ZIP codeFirst place: ZIP code 23120 (Moseley, VA): $2,500 · 39 ZIP codes listed
Where rents are rising fastest in the Richmond areaFirst place: ZIP code 23227 (Bellevue, Henrico, VA): +6.5% · 30 ZIP codes listed
Richest ZIP codes in the Richmond area, by household incomeFirst place: ZIP code 23120 (Moseley, VA): $158,667 · 76 ZIP codes listed
Cheapest suburbs of RichmondFirst place: Hopewell, VA: $232,000 · 14 suburbs listed
Most expensive suburbs of RichmondFirst place: Glen Allen, VA: $513,000 · 14 suburbs listed
Richest suburbs of Richmond, by household incomeFirst place: Midlothian, VA: $110,084 · 14 suburbs listed
Largest suburbs of Richmond, by populationFirst place: Mechanicsville, VA: 38,683 · 14 suburbs listed

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Rankings for other metro areas

Sources

Home values: Zillow ZHVI (Sep 2026). Rents: Zillow ZORI (Sep 2026), seasonally adjusted (Zillow). Income and the population of ZIP codes, cities and towns: U.S. Census Bureau, ACS 2020–24 5-year estimates. ZIP codes with fewer than 1,000 residents and cities or towns with fewer than 5,000 are not ranked. Compiled by Home Economics.