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Rental Market Trends in Virginia Beach, VA

What is the average rent in Virginia Beach, VA?

$1,534/month

Average Rent

758 Sq Ft

Average Apartment Size

+2.5%

Increase in the Last Year

As of July 2025, the average rent in Virginia Beach, VA is $1,534 per month. For comparison, the national average rent price in the US is currently $1,637/month, which means Virginia Beach rent prices are 6% lower than the national average. When you rent an apartment in Virginia Beach, you can expect to pay about $1,574 per month for a studio, $1,534 for a one-bedroom apartment, and around $1,740 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,141 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,574/month
520 Sq Ft
One Bedroom
$1,534/month
758 Sq Ft
Two Bedroom
$1,740/month
1,026 Sq Ft
Three Bedroom
$2,141/month
1,295 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$2,128/month
1,189 Sq Ft
Three Bedroom
$2,550/month
1,483 Sq Ft
Four Bedroom
$2,956/month
1,856 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,934/month
818 Sq Ft
Three Bedroom
$2,597/month
1,208 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,905/month
883 Sq Ft
Three Bedroom
$2,338/month
1,233 Sq Ft
Four Bedroom
$2,917/month
1,740 Sq Ft

How much has average rent changed in Virginia Beach, VA?

In the past year, rent has increased by 2.5%, which averages out to $39 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated July 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Virginia Beach, VA
Last Updated July 2025
$1,501 - $2,000
Most rental prices fall within this range
Rent Ranges in Virginia Beach, VA
Percentage*
Rent Range
0% Below $700/month
5% $700 - $1,000/month
32% $1,001 - $1,500/month
48% $1,501 - $2,000/month
14% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Virginia Beach?

Based on current rent prices, Diamond Spring Homes, North Central and Westerly are the most affordable neighborhoods in Virginia Beach.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Diamond Spring Homes
$1,311/month
553 Sq Ft
North Central
$1,547/month
790 Sq Ft
Westerly
$1,604/month
700 Sq Ft
Willow Wood Quadravillas
$1,641/month
756 Sq Ft
Elizabeth River Shores
$1,648/month
837 Sq Ft
Northwest Virginia Beach
$1,678/month
763 Sq Ft
Charlestowne Lakes
$1,699/month
782 Sq Ft
Cardinal Estates
$1,746/month
719 Sq Ft
Holland Farms
$1,746/month
719 Sq Ft
Northeast Virginia Beach
$1,878/month
714 Sq Ft

What are the most expensive neighborhoods in Virginia Beach?

Based on current rent prices, Long Creek Cove Condominiums, Cape Story by the Sea and Birdneck Acres are the most expensive neighborhoods in Virginia Beach.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Long Creek Cove Condominiums
$2,194/month
749 Sq Ft
Cape Story by the Sea
$2,068/month
717 Sq Ft
Birdneck Acres
$1,902/month
657 Sq Ft
Northeast Virginia Beach
$1,878/month
714 Sq Ft
Cardinal Estates
$1,746/month
719 Sq Ft
Holland Farms
$1,746/month
719 Sq Ft
Charlestowne Lakes
$1,699/month
782 Sq Ft
Northwest Virginia Beach
$1,678/month
763 Sq Ft
Elizabeth River Shores
$1,648/month
837 Sq Ft
Willow Wood Quadravillas
$1,641/month
756 Sq Ft

Which Virginia Beach neighborhoods have the most rentals available?

The neighborhoods in Virginia Beach with the most apartments available are Northwest Virginia Beach, Northeast Virginia Beach and North Central .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Northwest Virginia Beach
$1,678/month
763 Sq Ft
Northeast Virginia Beach
$1,878/month
714 Sq Ft
North Central
$1,547/month
790 Sq Ft
Charlestowne Lakes
$1,699/month
782 Sq Ft
Long Creek Cove Condominiums
$2,194/month
749 Sq Ft
Birdneck Acres
$1,902/month
657 Sq Ft
Willow Wood Quadravillas
$1,641/month
756 Sq Ft
Cape Story by the Sea
$2,068/month
717 Sq Ft
Diamond Spring Homes
$1,311/month
553 Sq Ft
Cardinal Estates
$1,746/month
719 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Virginia Beach, VA?

Because the average rent in Virginia Beach is $1,534, you’ll want to make about $5,113 per month or $61,356 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

Cost of Living

The cost of living in Virginia Beach, VA is 6.3% lower than the national average. Generally, housing in Virginia Beach is 18.1% less expensive than the national average, with rent falling between $1,534 - $2,141. You can expect to pay 1.6% less for groceries, 4.0% more for utilities, and 4.1% less for transportation.

City

Virginia Beach, VA

3,069 Available Apartments for Rent

Search for Nearby Apartments

How does Virginia Beach, VA compare to other nearby cities and neighborhoods?

Use the tool below to compare Virginia Beach, VA to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Virginia Beach, VA

Apartment Averages

Diamond Spring Homes

Virginia Beach, VA

Long Creek Cove Condominiums

Virginia Beach, VA

Studio
-
-
One Bedroom
-
-
Two Bedroom
-
-
Three Bedroom
-
-
Search
Search

Nearby City Rent Trends

  • Chesapeake Average Rent
  • Norfolk Average Rent
  • Portsmouth Average Rent

Apartment communities in Virginia Beach we think you'll love

Ascend at Hilltop

Ascend at Hilltop

640 Beachcomber Ln,
Virginia Beach, VA 23451

2-3 Beds | $2,300 - $3,000

Artistry on Greenwich

Artistry on Greenwich

5441 Greenwich Rd,
Virginia Beach, VA 23462

1-3 Beds | $1,849 - $3,159

Attain at Chic's Beach (Haven Residences)

Attain at Chic's Beach (Haven Residences)

2348 Windway Ln,
Virginia Beach, VA 23455

1-3 Beds | $1,913 - $2,852

ReNew Marina Shores

ReNew Marina Shores

2200 Willow Oak Cir,
Virginia Beach, VA 23451

1-3 Beds | $1,785 - $3,060

Property Management Companies in Virginia Beach, VA

Franklin Group
Franklin Group
  • 128

    Communities

  • 23,661

    Units

  • 58

    Cities

14 Communities in Virginia Beach
Drucker & Falk
Drucker & Falk
  • 159

    Communities

  • 38,271

    Units

  • 60

    Cities

12 Communities in Virginia Beach
S.L. Nusbaum
S.L. Nusbaum
  • 70

    Communities

  • 14,044

    Units

  • 28

    Cities

11 Communities in Virginia Beach
Vest Residential
Vest Residential
  • 73

    Communities

  • 16,510

    Units

  • 42

    Cities

9 Communities in Virginia Beach
Seminole Trail Management
Seminole Trail Management
  • 17

    Communities

  • 5,097

    Units

  • 6

    Cities

7 Communities in Virginia Beach
Ripley Heatwole Co., Inc.
Ripley Heatwole Co., Inc.
  • 11

    Communities

  • 2,136

    Units

  • 4

    Cities

7 Communities in Virginia Beach
Trinity Property Consultants
Trinity Property Consultants
  • 168

    Communities

  • 44,535

    Units

  • 99

    Cities

5 Communities in Virginia Beach
Thalhimer Multifamily
Thalhimer Multifamily
  • 49

    Communities

  • 8,559

    Units

  • 16

    Cities

5 Communities in Virginia Beach

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United States Virginia Virginia Beach Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity