Markets › Virginia Beach
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Virginia Beach VA Apartment Market Read
Covers Virginia Beach, Chesapeake and Norfolk.
Current market read
Landlord’s market
ConditionTight
The yearly data reads a landlord's market, and the monthly figures are mixed: asking rents are rising and jobs are slipping.
From public data. The situation now, not a forecast.
Renter Google searchabout 3,600 searches in August 2026 · HousesSee read →
Renter Google Search InterestGoogle · monthly
About 3,600 searches in August 2026, for Virginia Beach on its own
What renters Google mostHousesSee all →Attention, not a verdict. Google searches for apartments to rent.
METROSGNL PRO
We watch Virginia Beach for you.
The day asking rent growth (now +7.6%) or job growth (now -0.2%) moves half a point, you get an email. Plus two years of history and the report.
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Momentum · which way it's movingRENT + JOBS · UPDATED MONTHLY
Mixed
Asking rents are climbing but job growth has cooled (September 2026).
Job growthBLS · SEPTEMBER 2026, PRELIMINARY
−0.2%
▼ Cooling, past 12 months
Job growth · 12 months
Oct 2025 to Sep 2026, with Pro
VacancyCENSUS · 2024
Share of rentals sitting empty. A yearly count, last taken 2024, not what sets the condition.
Asking rentZILLOW · MONTHLY
$1,728 a month
September 2026, ▲ up 7.6% on September 2025
Data Provided by Zillow Group
Asking rent · 24 months
Oct 2024 to Sep 2026, with Pro
Census 2024: +6.2% · US avg +4.6%
Median rentCENSUS · 2024
$1,556/mo
Typical rent. A yearly count, last taken 2024
Median rent · 8 yearly counts
2017 to 2025, no 2020, with Pro
In the news · Virginia BeachNEWS · DAILY
Latest local coverage, 1 week ago. softer neutral firmer
Hamilton Zanze Announces Disposition of 196-Unit Indigo 19 Multifamily Community in Virginia BeachNavy closes on $1.7B initiative to modernize housing for sailors in VirginiaSan Francisco's Hamilton Zanze cashes out of Virginia Beach apartmentsView all 6 Virginia Beach news →Demand vs supplyCENSUS + BLS
Weak demand
DEMAND
Jobs−0.2%
Migration 2025−1.2/1k
SUPPLY
Permits 2025-17%
Vacancy 20245.3%
Rent vs buyWEEKLY RATE · 2024 RENT
+$1,185/mo
Cheaper to rent than buying
rent $1,556 · own $2,741
$1,556RENT
$2,741OWN
Domestic migrationCENSUS · 2025
−1.2/1k
▼ More people left for other US places than moved in. A yearly count, last taken 2025.
OUTFLOWINFLOW
Census · BLS · FRED · Zillow · news
For information only. Not investment advice. AI-written summaries can make mistakes.