Virginia Beach-Norfolk-Newport News, VA-NC · Virginia
Suffolk city
96,638 residents571 permits TTM$90,089 median HHI7 ZIP codesUpdated April 16, 2026
Investor first look
Median home value
$329,600
ACS 5-Year
Cap rate proxy
6.2%
FMR × 0.65 ÷ Home Value
Rent-to-income
19.8%
HUD FMR ÷ ACS HHI
Net migration
+3.17%
IRS SOI
Permits (TTM)
571
Census BPS
Climate risk
60.1
FEMA NRI (0–100)
ZIP code breakdown7 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Cap rate ↓ | Rent gap |
|---|---|---|---|---|---|
| 23435 | $441,574 | $2,170 | 5.9% | 6.0% | -1.8% |
| 23434 | $331,688 | $1,610 | 5.8% | 5.9% | -1.1% |
| 23436 | $329,600county est. | $2,140 | 7.8% | 5.4% | 30.6% |
| 23437 | $330,778 | $1,240 | 4.5% | 5.4% | -19.7% |
| 23438 | $340,510 | $2,000 | 7.0% | 5.2% | 25.8% |
| 23432 | $440,119 | $1,750 | 4.8% | 4.0% | 15.2% |
| 23433 | $532,246 | $2,090 | 4.7% | 3.3% | 29.0% |
Sort by any column. Click a ZIP for detail. Rent gap: green = HUD FMR above market rent.
Demographics
Owner-occupied
70.4%
Census ACS
Vacancy rate
6.4%
Census ACS
Bachelor's degree +
32.4%
Census ACS
Rent burdened
52.8%
Census ACS (>30% income)
Median age
38.7
Census ACS
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 16, 2026