Last updated August 17, 2026

Average Rent in Suffolk 23434 & Rent Trends

Rent prices and market trends across 5 apartment communities in Suffolk 23434, Suffolk, VA. Updated daily.

Beds All Bedrooms 1 Bed 2 Bed 3 Bed

Market Average

$2,016/mo

▲ +2.2% from last month

Lowest Available

$1,135/mo

cheapest unit on market

Communities

tracked daily

Units Listed

available now

Suffolk 23434 vs Suffolk, VA Average

Suffolk 23434 is more expensive than the Suffolk, VA average by $22/mo (1%). The citywide average is $1,994/mo across all neighborhoods.

Is Rent Going Up or Down in Suffolk 23434?

As of August 2026, the average rent in Suffolk 23434 is $2,016 per month across 5 apartment communities and 14 available units. Rents have increased $43 (2.2%) over the past month.

The most affordable option is King's Landing starting at $1,135/mo. By unit type, a 1-bedroom averages $1,554/mo, a 2-bedroom averages $2,026/mo, a 3-bedroom averages $2,463/mo.

Prices range from $1,135 to $2,700 per month. The most common price point is the $1,600 range, where 4 units are currently listed.

Suffolk 23434 Rent Price History

Timeframe

View as table

Month	Avg Rent	Change	Properties
June 2026	$1,896	-	5
July 2026	$1,878	-$18	5
August 2026	$4,103	+$2,225	5

The trend line and monthly averages track each building's average listed price, recorded daily with outliers trimmed. The current month is a month-to-date figure, so it can sit above or below today's live market average shown at the top of this page.

Average Rent by Bedroom

Rent Price Distribution

Rent by Bedroom Type in Suffolk 23434

1 Bed

$1,554

from $1,135 · 4 units

2 Bed

$2,026

from $1,326 · 6 units

3 Bed

$2,463

from $1,795 · 4 units

Rent Prices by Apartment in Suffolk 23434

Property	Starting at	Average	Units	Rating
King's Landing	$1,135/mo	$1,231/mo	2	4.1
Meridian Obici	$1,640/mo	$2,043/mo	3	4.2
Port 58 Apartments @ Hillpoint	$1,650/mo	$2,080/mo	6	3.6
Rock Steady Group	$1,795/mo	$1,795/mo	1	3.9
Hillpoint Preserve Townhome Apartments	$2,678/mo	$2,678/mo	2	4

Frequently Asked Questions About Rent in Suffolk 23434

What is the average rent in Suffolk 23434?

The average rent in Suffolk 23434 is $2,016 per month as of August 2026, based on 14 units across 5 apartment communities.

Is rent going up or down in Suffolk 23434?

Rent in Suffolk 23434 has increased $43 (2.2%) over the past month. The current average is $2,016/mo.

What is the cheapest apartment in Suffolk 23434?

The most affordable apartment in Suffolk 23434 is King's Landing with units starting at $1,135/mo.

How much is a 1-bedroom apartment in Suffolk 23434?

A 1-bedroom apartment in Suffolk 23434 averages $1,554/mo, with prices starting at $1,135/mo across 4 available units.

How many apartments are available in Suffolk 23434?

There are 14 units available across 5 apartment communities in Suffolk 23434.

What salary do I need to live comfortably in Suffolk 23434?

Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.

Minimum to afford average rent

$81,000/year

Based on the 30 percent rule, using our tracked average rent of $2,016/mo.

Comfortable income

$97,000/year

Based on the 25 percent rule, leaving more room for savings, transport, and groceries.

To afford the cheapest tracked apartment ($1,135/mo), you need to earn at least $45,000/year.

Median household income in Suffolk 23434 is $90,089 , about 7% below the comfortable-living threshold.

Cost of living in Suffolk 23434

Overall prices in Suffolk 23434 runs below the national average by about 2% (BEA Regional Price Parity index 97.7, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Suffolk 23434's regional price parities.

Category	Monthly estimate	Source
Rent (market average)	$2,016	daily refresh
Utilities	$420	BLS × BEA RPP
Groceries	$524	BLS × BEA RPP
Transportation	$1,001	BLS × BEA RPP
Healthcare	$488	BLS × BEA RPP
Other goods and services	$781	BLS × BEA RPP
Estimated total	$5,231/mo	$62,774/year

Population

96,638

Median household income

$90,089

Census median rent

$1,484/mo

Rent as % of income

33.4%

Median age

38.7

Mean commute

30 min

Methodology

Rent data

Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.

Cost of living

Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.

Salary to live comfortably

Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.

Demographic figures

Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.

Cost of living and demographic figures were last published in 2023.

Virginia Rent Trends

Compare rent across all Virginia cities

Explore Suffolk, VA on Map

See neighborhoods and rent data interactively

US-wide rent comparison

See how Suffolk, VA rents stack up against the national median