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Rental Market Trends in Virginia Beach, VA

What is the average rent in Virginia Beach, VA?

$1,592/month

Average Rent

756 Sq Ft

Average Apartment Size

+3.8%

Increase in the Last Year

As of April 2026, the average rent in Virginia Beach, VA is $1,592 per month. For comparison, the national average rent price in the US is currently $1,641/month, which means Virginia Beach rent prices are 3% lower than the national average. When you rent an apartment in Virginia Beach, you can expect to pay about $1,592 per month for a studio, $1,592 for a one-bedroom apartment, and around $1,826 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,210 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,592/month
517 Sq Ft
One Bedroom
$1,592/month
756 Sq Ft
Two Bedroom
$1,826/month
1,028 Sq Ft
Three Bedroom
$2,210/month
1,294 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$2,162/month
1,138 Sq Ft
Three Bedroom
$2,464/month
1,285 Sq Ft
Four Bedroom
$3,165/month
1,760 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,483/month
670 Sq Ft
Two Bedroom
$1,965/month
804 Sq Ft
Three Bedroom
$2,398/month
1,629 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,954/month
904 Sq Ft
Three Bedroom
$2,289/month
1,375 Sq Ft
Four Bedroom
$2,520/month
1,673 Sq Ft

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

In the past year, rent has increased by 3.8%, which averages out to $61 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 April 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Virginia Beach, VA
Last Updated April 2026
$1,501 - $2,000
Most rental prices fall within this range
Rent Ranges in Virginia Beach, VA
Percentage*
Rent Range
0% Below $700/month
4% $700 - $1,000/month
28% $1,001 - $1,500/month
46% $1,501 - $2,000/month
22% 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, Cardinal Estates and Holland Farms are the most affordable neighborhoods in Virginia Beach.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Diamond Spring Homes
$1,417/month
553 Sq Ft
Cardinal Estates
$1,500/month
686 Sq Ft
Holland Farms
$1,500/month
686 Sq Ft
Westerly
$1,567/month
708 Sq Ft
Green Garden
$1,586/month
649 Sq Ft
Stallion Village
$1,598/month
635 Sq Ft
The Pines
$1,598/month
635 Sq Ft
Elizabeth River Shores
$1,669/month
829 Sq Ft
Birdneck Acres
$1,694/month
725 Sq Ft
Charlestowne Lakes
$1,699/month
769 Sq Ft

What are the most expensive neighborhoods in Virginia Beach?

Based on current rent prices, Cape Story by the Sea, Point O View and Northeast Virginia Beach are the most expensive neighborhoods in Virginia Beach.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Cape Story by the Sea
$2,504/month
726 Sq Ft
Point O View
$2,116/month
844 Sq Ft
Northeast Virginia Beach
$2,025/month
723 Sq Ft
Willow Wood Quadravillas
$1,979/month
758 Sq Ft
Battery Park at Towne Square
$1,775/month
766 Sq Ft
Northwest Virginia Beach
$1,725/month
768 Sq Ft
North Central
$1,713/month
790 Sq Ft
Charlestowne Lakes
$1,699/month
769 Sq Ft
Birdneck Acres
$1,694/month
725 Sq Ft
Elizabeth River Shores
$1,669/month
829 Sq Ft

Which Virginia Beach neighborhoods have the most rentals available?

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

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Northeast Virginia Beach
$2,025/month
723 Sq Ft
Northwest Virginia Beach
$1,725/month
768 Sq Ft
North Central
$1,713/month
790 Sq Ft
Point O View
$2,116/month
844 Sq Ft
Willow Wood Quadravillas
$1,979/month
758 Sq Ft
Westerly
$1,567/month
708 Sq Ft
Cardinal Estates
$1,500/month
686 Sq Ft
Holland Farms
$1,500/month
686 Sq Ft
Diamond Spring Homes
$1,417/month
553 Sq Ft
Green Garden
$1,586/month
649 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 $1,592, you’ll want to make about $5,306 per month or $63,672 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 9.3% lower than the national average. Generally, housing in Virginia Beach is 21.3% less expensive than the national average, with rent falling between $1,592 - $2,210. You can expect to pay 0.2% less for groceries, 3.2% more for utilities, and 4.6% less for transportation.

City

Virginia Beach, VA

3,071 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

Cape Story by the Sea

Virginia Beach, VA

Studio
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-
One Bedroom
-
-
Two Bedroom
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-
Three Bedroom
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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

Artistry on Greenwich

Artistry on Greenwich

5441 Greenwich Rd,
Virginia Beach, VA 23462

$1,989 - $3,479 Plus Fees

1-3 Beds

Attain at Chic's Beach

Attain at Chic's Beach

4705 Windsong Dr,
Virginia Beach, VA 23455

$1,664 - $3,353 Total Monthly Price

1-3 Beds

ReNew Marina Shores

ReNew Marina Shores

2200 Willow Oak Cir,
Virginia Beach, VA 23451

$1,924 - $3,714 Plus Fees

1-3 Beds

The Canopy

The Canopy

1441 Laskin Rd,
Virginia Beach, VA 23451

$2,200 - $3,500 Plus Fees

1-3 Beds | 12 Month Lease

Property Management Companies in Virginia Beach, VA

Franklin Group
Franklin Group
  • 138

    Communities

  • 25,610

    Units

  • 63

    Cities

15 Communities in Virginia Beach
The Breeden Company
The Breeden Company
  • 36

    Communities

  • 8,347

    Units

  • 12

    Cities

15 Communities in Virginia Beach
Drucker & Falk
Drucker & Falk
  • 163

    Communities

  • 38,592

    Units

  • 57

    Cities

13 Communities in Virginia Beach
S.L. Nusbaum
S.L. Nusbaum
  • 74

    Communities

  • 14,450

    Units

  • 32

    Cities

12 Communities in Virginia Beach
Vest Residential
Vest Residential
  • 64

    Communities

  • 14,901

    Units

  • 35

    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
Greystar
Greystar
  • 3,486

    Communities

  • 959,009

    Units

  • 891

    Cities

6 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 February 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity