Virginia Beach, VA Rental Market Trends
Last updated: October 19, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Virginia Beach is $1,738, a 2.06% increase compared to the previous year, when the average rent was $1,703.
Studio Apartments at $1,572 offer the most budget-friendly option with 469 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 749 square feet for $1,556, balancing privacy and affordability.
Two-beedroom units at $1,763 offer 1,036 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,297 sq ft) for $2,110, suitable for larger households.
Average rent in Virginia Beach, VA
Last updated: October 19, 2025
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,738 | 975 sq. ft. |
| Studio | $1,572 | 469 sq. ft. |
| 1 Bed | $1,556 | 749 sq. ft. |
| 2 Beds | $1,763 | 1,036 sq. ft. |
| 3 Beds | $2,110 | 1,297 sq. ft. |
Virginia Beach, VA rent trends
What's the typical rent budget in Virginia Beach, VA?
The largest share of rentals in Virginia Beach, VA (53%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Virginia Beach, VA?
63,071 or 35% of the households in Virginia Beach, VA are renter-occupied while 116,729 or 65% are owner-occupied.
Most affordable neighborhoods in Virginia Beach?
Oceana Gardens $1,208/month
Washington Square $1,351/month
Lake Front Village $1,364/month
All of these neighborhoods fall below the city wide average of $1,738/month.Most expensive neighborhoods in Virginia Beach?
Diamond Springs Homes $1,980/month
Chestnut Villa $2,075/month
Cape Story by the Sea $2,544/month
These neighborhoods typically command higher rents due to location, amenities, and demand.Average Rent in Virginia Beach, VA By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Cape Story by the Sea | $2,544 |
| Chestnut Villa | $2,075 |
| Diamond Springs Homes | $1,980 |
| Alexandria | $1,947 |
| Brenneman Farm | $1,937 |
| Timberlake | $1,935 |
| Charlestown | $1,919 |
| Birdneck Acres | $1,909 |
| Hilltop Manor | $1,838 |
| Holly Dunes | $1,832 |
| Seabridge Square | $1,821 |
| Pembroke Manor | $1,813 |
| Amhurst | $1,803 |
| Larkspur | $1,726 |
| Bayside Villas | $1,712 |
| Holland Meadows | $1,696 |
| Oak Springs | $1,685 |
| Knob Hill | $1,666 |
| Thalia | $1,656 |
| Lake Edward North | $1,626 |
| Acredale | $1,607 |
| Solartown | $1,577 |
| Fair Meadows - Boulevard Manor | $1,569 |
| Berrie Gardens | $1,559 |
| Fremac Shores | $1,557 |
| Redwing | $1,543 |
| Arbor Brook | $1,487 |
| Green Run | $1,477 |
| Rosegate | $1,401 |
| Hampton Square - Wesleyan Forest | $1,367 |
| Lake Front Village | $1,364 |
| Washington Square | $1,351 |
| Oceana Gardens | $1,208 |
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Virginia Beach | Rent Comparison by Neighborhood
Rent in Acredale is 17% lower than in Alexandria
$1,607
Acredale rent is 8% lower than Virginia Beach average
Average Rent
$1,607
$1,947
Alexandria rent is 12% higher than Virginia Beach average
Average Rent
$1,947
How Virginia Beach Compares to Other Cities
| City | Average Rent |
|---|---|
| Virginia Beach | $1,738 |
| Richmond | $1,573 |
| Arlington | $2,664 |
| Alexandria | $2,185 |
| Charlottesville | $2,073 |
| Norfolk | $1,557 |
| Newport News | $1,405 |
| Woodbridge | $2,063 |
| Henrico | $1,599 |
| Fairfax | $2,381 |
| Falls Church | $2,338 |
| Portsmouth | $1,371 |
| Chesapeake | $1,762 |
| Hampton | $1,497 |
| Suffolk | $1,758 |
| Elizabeth City, NC | $1,599 |
| Yorktown, VA | $1,813 |
| Carrollton, VA | $1,633 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Virginia Beach apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.