Virginia Beach, VA Rental Market
Virginia Beach is the largest city in Virginia and the anchor of the Hampton Roads metro — home to the largest naval installation in the world, Naval Station Norfolk, just across the Elizabeth River. The concentration of military personnel, DoD contractors, and veterans generates deep, year-round rental demand across all property types. A strong tourism economy, oceanfront resort district, and growing tech and cybersecurity sector round out a resilient, diversified rental market.
Get a rent estimate for an address in Virginia BeachAverage Rent in Virginia Beach, VA
$1,680
per month · 2026-06
Market Score
Key Facts — Virginia Beach, VA Rental Market
- Average rent in Virginia Beach, VA:$1,680/mo
- Median rent:$1,546/mo
- Rent range:$850 – $3,700/mo
- Most common rental (2 bedrooms):$1,475/mo
- Active listings:1,800
- Avg days to lease:27 days
- Year-over-year change:+3.8%
- Median home value:$340,000
- Est. gross annual yield:5.9%
- Data as of:2026-06
Rent by Bedroom in Virginia Beach, VA
Average monthly rent for each bedroom type based on current active listings in Virginia Beach.
| Bedroom Type | Avg Rent/mo |
|---|---|
1 Bedroom | $1,200/mo |
2 Bedrooms | $1,475/mo |
3 Bedrooms | $1,875/mo |
4 Bedrooms | $2,325/mo |
5 Bedrooms | $2,650/mo |
Virginia Beach Rental Market Statistics
Key indicators from the current Virginia Beach, VA rental market.
1,800
Available now in Virginia Beach
27
From list to lease
$1.24
Average across listings
1,350 sq ft
Typical rental size
$850 – $3,700
Min to max active listings
+3.8%
Avg rent vs. prior year
Investing in Virginia Beach, VA Rental Properties
Estimated returns based on current market rents and median home values. Perform full due diligence before investing.
Median Home Value
$340,000
Typical purchase price in Virginia Beach
Est. Gross Annual Yield
5.9%
Before expenses & vacancy
Avg Monthly Income
$1,680
At average market rent
Gross yield = (avg rent × 12) ÷ median home value. Does not include expenses, financing, vacancies, or management fees. Analyze a specific property in Virginia Beach for a full cash-flow breakdown including all costs.
Virginia Beach, VA Rental Market FAQ
Common questions about renting and investing in Virginia Beach, VA.
What is the average rent in Virginia Beach, VA?
The average rent in Virginia Beach, VA is $1,680 per month as of 2026. One-bedroom apartments average $1,200/mo, two-bedrooms average $1,475/mo, and three-bedroom homes average $1,875/mo. Rents vary by proximity to the oceanfront, Hilltop, and suburban corridors such as Great Neck and Kempsville.
Is Virginia Beach a good place to invest in rental property?
Virginia Beach offers a 5.9% estimated gross annual yield supported by one of the most stable tenant bases in the country — active-duty military, DoD civilians, and veterans. The world's largest naval station drives demand that is largely insulated from private-sector economic cycles, providing consistent occupancy for landlords.
How competitive is the Virginia Beach rental market?
Virginia Beach is a competitive rental market with over 1,800 active listings and an average of just 27 days on market. Properties near Naval Station Norfolk, Oceana Naval Air Station, and along the resort strip lease fastest. Well-maintained 3-bedroom homes in established neighborhoods are consistently in high demand from military families.
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