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Richmond city, VA

ZIP 23226 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Upper Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 23226

Median Home Value
$496,300
Median Rent
$1,551
Affordability Snapshot
$137,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$3,188/mo PITI).

15%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

3.9x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

26.7 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 23226 in Richmond city, VA, a household would need roughly $137,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $3,188. That is roughly in line with the local median household income ($126,554). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
75.9%+16% vs US avg
x
Vacancy Rate
6.9%-33% vs US avg
x
Broadband Access
95.4%+10% vs US avg
x
4+ Bedrooms
9.1%-39% vs US avg
x
Built Pre-1939
19.6%+53% vs US avg
x
Built Post-2014
0.3%-95% vs US avg
x
Rent Burden >30%
15.4%-69% vs US avg
x
Mortgage-Free
35.3%-8% vs US avg
x
$496,300
Home Value
$1,551
Rent
1953
Year Built
2014
Moved In

Residents have lived here since ~2014 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached79.1%
  • 1-unit attached8.7%
  • 2-9 units7.4%
  • 10+ units4.4%
  • Mobile home & other0.3%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$496,300
Median rent$1,551
Owner-occupied75.9%
Vacant6.9%
Price-to-income3.9x
Est. income to buy$137,000