Latest available · Census ACS 5-Year (2024)
What Is the Average Rent in ZCTA5 23703, Virginia?
ZIP code · Census ACS 5-Year estimates
The median gross rent in ZCTA5 23703, Virginia (ZIP 23703) is $1,432/month (±$47), based on Census ACS 5-Year estimates (2024). The median home value is $295,900 (±$11,806), and the median household income is $78,707/year. The unemployment rate in Portsmouth city, Virginia was 4.4% as of April 2026 (preliminary). Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.
Housing Metrics for ZIP 23703
| Metric | Value |
|---|---|
| Median Gross Rent | $1,432 |
| Median Home Value | $295,900 |
| Median Household Income | $78,707 |
| Total Housing Units | 10,026 |
| Renter-Occupied Units | 3,013 |
| Renter-Occupied Share | 30% |
| Households Paying 50%+ Income | 705 households |
| Unemployment Rate(April 2026) | 4.4% |
How does ZIP 23703 compare?
Median gross rent ranked against all ZIP codes in Virginia.
Higher rent than 67% of ZIP codes in Virginia · 202nd of 616
| # | ZIP code | Value |
|---|---|---|
| 1 | ZCTA5 22101 | $3,501 |
| 1 | ZCTA5 22213 | $3,501 |
| 1 | ZCTA5 22039 | $3,501 |
| … 198 more … | ||
| 202 | ZCTA5 23703(you are here) | $1,432 |
| … 411 more … | ||
| 614 | ZCTA5 24245 | $434 |
| 615 | ZCTA5 24225 | $388 |
| 616 | ZCTA5 24484 | $369 |
Geography
ZIP 23703 is in Portsmouth city County, Virginia.
It covers part of Portsmouth city, Virginia.
More data for ZCTA5 23703
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Frequently asked questions
What is the average rent in ZCTA5 23703, Virginia?
The median gross rent in ZCTA5 23703, Virginia (ZIP 23703) is $1,432/month, based on Census ACS 5-Year estimates (2024). Gross rent includes contract rent plus utilities. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the average rent for a 2-bedroom in ZCTA5 23703, Virginia?
The median rent for a 2-bedroom in ZCTA5 23703, Virginia is not available based on Census ACS 5-Year estimates (2024). Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the median home value in ZCTA5 23703, Virginia?
The median home value in ZCTA5 23703, Virginia (ZIP 23703) is $295,900 according to Census ACS 5-Year estimates (2024).
What percentage of renters in ZCTA5 23703 are rent-burdened?
In ZCTA5 23703, Virginia, 705 households pay 50% or more of their income for rent. A household is considered rent-burdened when it spends more than 30% of income on housing costs.
What is the median household income in ZCTA5 23703, Virginia?
The median household income in ZCTA5 23703, Virginia is $78,707/year according to Census ACS 5-Year estimates (2024).
How reliable is Census ACS data for small areas?
The ACS 5-Year estimates combine 60 months of data for more reliable figures in smaller geographies. Each estimate has a margin of error (MOE). For example, the median rent of $1,432 has a margin of error of ±$47. In very small areas, MOEs can be large relative to the estimate.
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