Rental market trends in Virginia Beach, VA
Please reach out to press@rent.com for any media inquiries regarding this data.
Average Apartment Cost in Virginia Beach, VA
Apartment Rent Ranges in Virginia Beach, VA
Apartment Prices Proportion | ||
|---|---|---|
| $501-$700 | 0% |
Neighborhood Apartment Rent Trends in Virginia Beach, VA
| Neighborhood | Studio Avg Rent | Annual Change |
|---|---|---|
| Bayside | $1,689 | -27% |
| Oceanfront | $1,247 | -- |
| Great Neck | $999 | 0% |
| Neighborhood | 1 Bed Avg Rent | Annual Change |
|---|---|---|
| Oceanfront | $1,840 | +18% |
| Little Neck | $1,641 | +16% |
| King's Grant | $1,641 | +16% |
| Ocean Park | $1,550 | -- |
| Red Mill Farm | $1,545 | -- |
| North Virginia Beach | $1,500 | -- |
| Windsor Oaks West | $1,465 | +8% |
| Towne Square | $1,445 | -- |
| Green Run | $1,430 | +10% |
| Holland | $1,417 | 0% |
| Neighborhood | 2 Beds Avg Rent | Annual Change |
|---|---|---|
| Red Mill Farm | $1,762 | -- |
| Bayfront | $1,750 | +3% |
| Little Neck | $1,711 | +2% |
| King's Grant | $1,711 | +2% |
| Towne Square | $1,690 | -3% |
| Windsor Oaks West | $1,680 | +6% |
| Kempsville | $1,675 | +18% |
| Fairfield | $1,575 | -- |
| Holland | $1,572 | +1% |
| Lakewood | $1,550 | +15% |
How Other Cities Compare to Virginia Beach, VA
| City | Studio Avg Rent | Annual Change |
|---|---|---|
| Yorktown | $2,082 | -12% |
| Chesapeake | $1,768 | -15% |
| Hampton | $1,598 | +18% |
| Norfolk | $1,447 | +7% |
| Portsmouth | $1,395 | 0% |
| Williamsburg | $1,200 | -- |
| Newport News | $996 | 0% |
| City | 1 Bed Avg Rent | Annual Change |
|---|---|---|
| Hampton | $1,482 | +9% |
| Suffolk | $1,425 | +46% |
| Yorktown | $1,410 | +28% |
| Carrollton | $1,409 | -8% |
| Chesapeake | $1,255 | 0% |
| Newport News | $1,236 | +4% |
| Williamsburg | $1,205 | -27% |
| Norfolk | $1,185 | -12% |
| Portsmouth | $992 | +13% |
| City | 2 Beds Avg Rent | Annual Change |
|---|---|---|
| Smithfield | $1,850 | +42% |
| Moyock | $1,800 | -- |
| Suffolk | $1,720 | +46% |
| Carrollton | $1,609 | -6% |
| Poquoson | $1,595 | -- |
| Chesapeake | $1,435 | +1% |
| Newport News | $1,430 | +7% |
| Williamsburg | $1,419 | -26% |
| Hampton | $1,322 | -14% |
| Yorktown | $1,295 | -16% |
Virginia Beach, VA Rent Trends
| Studio | 1 Bed | 2 Beds | ||||||||||
| Mar 2022 | Apr 2022 | May 2022 | Jun 2022 | Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 |
| $1205 | $1205 | $1205 | $1205 | $1205 | $1205 | $1205 | $1205 | $1205 | $1219 | $1219 | $1219 | $1219 |
| $1329 | $1360 | $1335 | $1360 | $1404 | $1400 | $1404 | $1381 | $1360 | $1394 | $1420 | $1410 | $1405 |
| $1462 | $1522 | $1520 | $1542 | $1579 | $1580 | $1582 | $1552 | $1522 | $1532 | $1552 | $1567 | $1562 |
| $1810 | $1817 | $1805 | $1749 | $1880 | $1997 | $2007 | $1880 | $1880 | $1939 | $1900 | $1880 | $1868 |
Neighborhood Information for Virginia Beach, VA
What are the most affordable neighborhoods in Virginia Beach, VA?
The most affordable neighborhoods in Virginia Beach are Diamond Springs, where the average 1-bedroom apartment rent goes for $975, Bayside, where renters pay $1,075 on average for a 1-bedroom apartment, and London Bridge, where the average 1-bedroom apartment rent goes for $1,110. If you're looking for other great deals, check out the listings in Lynnhaven ($1,199 for a 1-bedroom apartment) or Chic's Beach ($1,222 for a 1-bedroom apartment), compared to the $1,362 average for a Virginia Beach 1-bedroom apartment.
What are the most expensive neighborhoods in Virginia Beach, VA?
The most expensive neighborhoods in Virginia Beach are Oceanfront, where the average 1-bedroom apartment rent goes for $1,840, Little Neck, where renters pay $1,641 on average for a 1-bedroom apartment, and King's Grant, where the average 1-bedroom apartment rent goes for $1,641. If you're looking for other premium neighborhoods, check out the listings in Ocean Park ($1,550 for a 1-bedroom apartment) or Red Mill Farm ($1,545 for a 1-bedroom apartment), compared to the $1,362 average for a Virginia Beach 1-bedroom apartment.
What are the most popular neighborhoods in Virginia Beach, VA?
The most popular neighborhoods in Virginia Beach are Lake Edward, where the average 1-bedroom apartment rent goes for $1,325, Diamond Springs, where renters pay $975 on average for a 1-bedroom apartment, and Bayside, where the average 1-bedroom apartment rent goes for $1,075. If you're looking for other popular neighborhoods, check out the listings in Little Neck ($1,641 for a 1-bedroom apartment) or Kempsville ($1,370 for a 1-bedroom apartment), compared to the $1,362 average for a Virginia Beach 1-bedroom apartment.
Nearby Listings
$1,449+5/5 stars based on 9 reviews9Aria Apartment Homes- 2 Beds | 1 Bath
- $1,575Ocean Trace Apartments
- 2 Beds | 2 Bath
- 2 Units Available
- $1,300+3/5 stars based on 22 reviews22Ocean Pebbles
- 1–3 Beds | 1–2 Baths
- $890+Berkshire Apartments
- 2–3 Beds | 1–2 Baths
- $1,426+4/5 stars based on 1108 reviews1108Maple Bay Townhomes
- 1–3 Beds | 1–2 Baths
- 7 Units Available
- $1,395+5/5 stars based on 1 reviews1Windsor Lake
- 1–3 Beds | 1–2 Baths
- 7 Units Available
