Landlord Resources
How to Get a Loan for a Rental Property
Rental property loans differ from traditional mortgages, needing larger down payments, higher interest rates, and reserves, often disregarding projected rental income.
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What to Know About
Living in 23452
Virginia Beach is a famous resort city that seamlessly blends coastal beauty and urban conveniences. Situated along the Atlantic coastline, Virginia Beach is renowned for its miles of pristine sandy beaches, impressive boardwalk, and family-friendly attractions, including the First Landing State Park and the Virginia Aquarium & Marine Science Center. The city has a thriving arts and culture scene, with the Virginia Museum of Contemporary Art and the Virginia Beach Amphitheater. It also offers a thriving culture scene where you can enjoy the Sandler Center for the Performing Arts and the Military Aviation Museum.
For those seeking an active lifestyle, Virginia Beach offers a range of recreational opportunities, from relaxing at Mount Trashmore Park to hiking at False Cape State Park and biking along the boardwalk or surfing the nearby waves. For a night out, Virginia Beach offers a variety of dining and entertainment options, including live music, theater performances, and many festivals, such as the Neptune Festival, American Music Festival, and Pungo Strawberry Festival.
Virginia Beach's energetic atmosphere and ample outdoor opportunities make it clear why it's a fantastic place to live.
Rental Market Trends
Virginia Beach, VA
As of June 2026, Virginia Beach's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Virginia Beach's average rent is 12.4% ($213) higher than the Virginia average of $1,721 and 7.6% ($137) higher than the U.S. average of $1,797.
Average Rent
$1,934
Monthly ChangeMonth Over Month Change
1.9% ($36)
Yearly ChangeYear Over Year Change
16% ($267)
Avg. Days on MarketAverage Days on Market
33
| Unit Type | Average Rent | Monthly ChangeMonth Over Month Change | Yearly ChangeYear Over Year Change |
|---|---|---|---|
| 1 Bed | $1,662 | 1% ($17) | 11.2% ($168) |
| 2 Beds | $1,844 | 0.5% ($10) | 11.5% ($190) |
| 3 Beds | $2,398 | 1.5% ($35) | 7.3% ($163) |
| Nearby Cities | Average Rent | Avg. Rent vs. Virginia BeachAverage Rent vs. Virginia Beach | Avg. Days on MarketAverage Days on Market |
|---|---|---|---|
| Norfolk | $1,958 | 1.2% ($24) | 27 days |
| Chesapeake | $1,804 | 6.7% ($130) | 26 days |
| Portsmouth | $1,411 | 27% ($523) | 25 days |
| Hampton | $1,689 | 12.7% ($245) | 33 days |
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Virginia Beach Rental Market FAQs
Explore rental prices, market trends, and availability in Virginia Beach, VA.
The average rent in Virginia Beach, VA is $1,934 per month.
Homes in Virginia Beach typically rent for between $1,163 and $3,117 per month, with an average of $1,934 per month.
In Virginia Beach, the average rent for a 1-bedroom home is $1,662 per month, for a 2-bedroom home, $1,844 per month, and a 3-bedroom home is $2,398 per month.
The average rent in Virginia Beach is 7.6% ($137) higher than the national average of $1,797 per month.
The average rent in Virginia Beach has increased by 1.9% ($36) in the last month and increased by 16.0% ($267) over the past year.
The rental market in Virginia Beach, VA, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Virginia Beach, VA, the average rental stays on the market for approximately 33 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 181 rental properties available in Virginia Beach, VA.
Based on the current averages, a household would need an annual income of $73,760 to comfortably afford a 2-bedroom home in Virginia Beach.
