Housing in Virginia Beach City

The inside story on rent prices
Source: US Census Bureau - ACS 5 Yr 2024

Both Census and HUD figures represent gross rent — contract rent plus estimated utility costs for electricity, heat, water, and sewer.

Rent in Virginia Beach City averages $1,714/month for a 2‑bedroom in 2024, compared to the Virginia median of $1,579 and the national median of $1,413. Local renters spend approximately 33% of household income on rent, above the national average of 32%.

HUD 2026 50th Percentile Rent Estimates for Virginia Beach City FMR Area are $1,613 for a studio, $1,635 for 1‑bedroom, $1,852 for 2‑bedroom, $2,569 for 3‑bedroom, and $3,024 for 4‑bedroom.

HUD 2026 Rent Estimates reflect market movement since 2024 Census data — a $138 increase for a 2-bedroom in Virginia Beach City shows a 8% rise over that period.

The U.S. Bureau of Labor Statistics annual unemployment rate for Virginia Beach City was 2.7% in 2024, compared to Virginia at 2.9% and the national rate of 4.0%.

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Towns near Virginia Beach

City
County
State
Miles
Virginia Beach ...
VA
0.0
Norfolk city
VA
11.7
Chesapeake city
VA
13.6
Portsmouth city
VA
17.4

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