Markets › Virginia Beach
Yearly benchmarkMoves monthlyMoves weeklyNews daily
Virginia Beach VA
Covers Virginia Beach, Chesapeake and Norfolk.
Current market read
Landlord’s market
ConditionTight
The yearly data reads a landlord's market, and the recent monthly signals are holding steady.
From public data. The situation now, not a forecast.
Renter Google searchabout 4,400 searches in July 2026 · HousesSee read →
Renter Google Search InterestGoogle · monthly
About 4,400 searches in July 2026, for Virginia Beach on its own
What renters Google mostHousesSee all →Attention, not a verdict. Google searches for apartments to rent.
Momentum · which way it's movingRENT + JOBS · UPDATED MONTHLY
Mixed
Pulling both ways, asking rents are climbing and job growth has cooled, as of Aug 2026.
VacancyCENSUS · 2024
Share of rentals sitting empty. Yearly Census backdrop, not what sets the condition.
Asking rentZILLOW · MONTHLY
+7%
▲ Year over year
SEP ’24AUG ’26
Census 2024: +6.2% · US avg +5.2%
Median rentCENSUS · 2024
$1,556/mo
Typical rent, 2024 yearly count
In the news · Virginia BeachNEWS · DAILY
Latest local coverage, 4 days ago.● softer● neutral● firmer
Virginia Beach council votes 9-1 to rezone old Back Bay Farmhouse site for apartmentsVirginia Beach Rents Are Going UpExclusive: Levco Management Sells Hampton Roads CommunityDemand vs supplyCENSUS + BLS
Weak demand
DEMAND
Jobs-0.6%
Migration 2025-1.25/1k
SUPPLY
Permits 2025-17%
Vacancy 20245.3%
Rent vs buyFREDDIE MAC · WEEKLY
+$1,120/mo
Cheaper to rent than buying
rent $1,556 · own $2,676
$1,556RENT
$2,676OWN
Net migrationCENSUS · 2025
−1.25/1k
▼ Net outflow of residents
OUTFLOWINFLOW
Census · BLS · FRED · Zillow · news
For information only. Not investment advice. AI-written summaries can make mistakes.