Counties / Virginia / Virginia Beach city

Virginia Beach city, VA

FIPS 51810 · population 456,349 · part of Virginia Beach, VA

$433k
Zillow home value · 2026-06
Direct county rent answer

What does rent cost in Virginia Beach city, VA?

The latest county-level Zillow ZORI is $2,065 per month in 2026-06. It is a typical asking-rent index across rental types—not an arithmetic average, signed lease or quote for one property.

County Zillow ZORI$2,0652026-06 · up 4.5% year over year
County ACS gross rent$1,714ACS 2024 5-year · occupied-renter survey
HUD two-bedroom FMR$1,713FY2026 · administrative standard
HUD Fair Market Rent by bedroom count in Virginia Beach city
BedroomsHUD monthly FMRGeographyMeasurement boundary
Studio$1,492Virginia Beach city, VAHUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent.
1 bedroom$1,512Virginia Beach city, VAHUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent.
2 bedrooms$1,713Virginia Beach city, VAHUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent.
3 bedrooms$2,376Virginia Beach city, VAHUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent.
4 bedrooms$2,797Virginia Beach city, VAHUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent.

Zillow asking rent, ACS gross rent and HUD FMR describe different housing universes. They remain separate and no metro, city or neighboring-county value replaces missing county evidence.Zillow pulled 2026-07-26 · HUD pulled 2026-07-26

The numbers

What this county costs and earns

Everything here joins on the county FIPS code, so each figure comes from the agency that publishes it with no name matching in between.

Zillow home value
$433k
▲ 3.3% year over year
Zillow ZHVI · direct
Median asking rent
$2,065
▲ 4.5% year over year
Zillow ZORI · direct
Gross yield
5.7%
annual rent ÷ price, before costs
derived: rent × 12 ÷ price ✓
HUD 2-bed standard
$1,713
market rent is 1.21x the standard
HUD Fair Market Rent · direct
Independent price check

Do two methods point the same way?

Zillow estimates a current home value. FHFA tracks repeat mortgage transactions. Their growth rates should be read side by side, not averaged.

Both annual signals move in the same direction
FHFA five-year cumulative+48.7%not annualized · through 2025
0%ZILLOW ZHVI2026-06+3.3%FHFA HPI2025+5.2%
Annual changes use different methods and may use different periods. The comparison checks direction and magnitude; it does not create a blended estimate. Zillow county ZHVI pulled 2026-07-26; FHFA annual county HPI pulled 2026-08-02.
Owner-reported value$383k
Surveyed gross rent$1,714
Rent burden 30%+54.5%
Median year built1984
Housing composition

Who occupies the stock—and what it is

ACS 2024 5-year
6.0%vacant
191,294estimated housing units
Occupied tenure34.8% renter
owner 65.1%renter 34.8%
Structure mix73.1% single-family
Single-family 73.1%20+ units 7.8%Mobile home 1.0%Other 18.1%
ACS estimates describe the standing housing stock and occupied tenure. They do not measure current listings, transaction prices or asking rents.

Survey source: Census ACS 5-year — county housing value, tenure and stock · ACS 2024 5-year · pulled 2026-07-30. These values describe different housing universes and are not combined into gross yield.

Annual average covered jobs180,116▲ 0.6% from the prior annual release
Covered establishments14,166annual average reporting locations
Average weekly wage$1,154▲ 3.5% from the prior annual release
Largest private supersectorTrade, transportation, and utilities19.5% of disclosed private covered jobs
Local labor base

Jobs, pay and private-sector concentration

2025
0%COVERED JOBS+0.6%WEEKLY WAGE+3.5%Trade, transportation, and utilities19.5%
Annual QCEW counts cover jobs located at reporting establishments. The industry share uses disclosed private covered employment; it is not a resident-employment measure or a forecast.

Workplace source: BLS QCEW — county employment and wages · annual county employment and wages 2021-2025; latest 2025 vs 2024 · pulled 2026-08-02. QCEW counts covered jobs located in the county, not employed residents or the metro score’s CES/LAUS series.

Resident income

How local income has compounded

BEA per-capita personal income divides all personal income by the county population. It is broader than wages, but it is not household income or a measure of what renters can afford.

Per-capita personal income19692024
Per-capita personal income history for Virginia Beach cityA line chart of annual BEA per-capita personal income from 1969 through 2024.$0k$40k$80k196919972024$5k$76k
Nominal annual dollars; not adjusted for inflation. A rising line can reflect wage, business-income, transfer-income and investment-income changes together.
Renter affordability

Who carries the heaviest rent burden

HUD CHAS separates renter households by income relative to local HAMFI. Moderate burden means housing costs above 30% through 50% of income; severe burden means more than 50%.

Share of renter households in each income band2018-2022
Renter cost burden by HAMFI income band in Virginia Beach cityFive horizontal bars show moderate and severe housing cost burden shares among renter households in each HUD income band.0%25%50%75%100%At or below 30% HAMFI9,01077.2% burdened30–50% HAMFI7,77592.2% burdened50–80% HAMFI14,44071.7% burdened80–100% HAMFI9,73537.6% burdenedAbove 100% HAMFI22,4605.7% burdened
Moderate: >30% to 50%Severe: >50%
Each percentage uses HUD’s published subtotal for that income band. For disclosure, HUD keeps 0 as 0, publishes 1–7 households as 4 and rounds 8 or more to the nearest 5. Independently rounded categories can differ from their displayed sum and are not forced into a percentage.
Direct local rental evidence

Recent leases and rental-market liquidity in Virginia Beach city, VA

These Apartment List observations match the exact county Census code 51810. They are kept separate from Zillow asking rent, Census occupied-home rent and wider metro measures.

Direct recent-lease rent history

Monthly overall-rent index; missing observations are not filled from another geography.

$1,923$1,756$1,5892021-082026-07
Recent-lease rent$1,9232026-07 · +5.0% year over year
Rental vacancyn/an/a
Time on marketn/an/a
County brief

What the local evidence says

01Decision frame

Virginia Beach city presents a carry-cost tension rather than a clean appreciation call. Zillow’s 2026-06 county measure reports a $432,532 median home value and $2,065 median asking rent, producing the supplied 5.73% gross yield before costs. This screen fits investors prepared to validate insurance, taxes and neighborhood rent; buyers dependent on value gains or thin expense reserves should be cautious. Zillow’s direction was positive, while FHFA’s separately dated 2025 annual repeat-transaction HPI rose 5.22%; that index is not a home value and cannot be blended with Zillow into a combined growth rate.

02Housing economics

Market rent is published, so gross yield is calculable, but it is not net income. HUD Fair Market Rent is a payment standard, not market asking rent, and must not replace it. A 0.80% effective property-tax rate and $3,061 median annual tax flag carrying costs, without establishing an individual asset’s bill. Unpublished vacancy, management, maintenance, financing, insurance and utilities prevent a net-yield or debt-coverage conclusion.

03Demand & competition

MLS listing-market evidence shows more visible choice and unsettled seller positioning: Realtor.com has 981 active listings, up 12.44% year over year, while its median listing price rose. These are asking-price and supply measures, not closed sales or proof of buyer demand; shorter marketing time coexists with price reductions. Outflows exceeded inflows by 955 tax-return households, and outbound movers had $1,218 higher average income. Nonoccupants accounted for 8.00% of 5,322 purchase mortgages, indicating competition without revealing neighborhood concentration or cash buyers. QCEW annual covered workplace employment and weekly wage increased; trade, transportation, and utilities was the largest disclosed private supersector, not the whole economy.

04Risk & next checks

Hurricane exposure carries a modeled climate-loss ratio of 0.07% of building value expected annually, not a property-specific insurance quote. Underwriting should test flood zone, elevation, wind and flood deductibles, coverage availability, replacement cost and mitigation. Missing closed-sale prices, asset-level expenses, insurance quotes, financing terms, vacancy history and neighborhood rents prevent conclusions on exit value, net cash flow or local demand durability; county data cannot establish a particular property’s performance.

County ZIP rental landscape

How asking rent and renter pressure vary inside Virginia Beach city, VA

This view uses 8 direct Zillow ZIP markets matched to Census ZCTAs. Each ZIP is assigned by its largest HUD residential county share; this is not an exhaustive county inventory.

Selected ZIP range$1,817$2,710Zillow asking-rent index
Monthly spread$893highest minus lowest selected ZIP
Observed burden range38.2%59.6%ACS renter households paying 30%+
Renter households covered62,463across the selected ZCTAs
01 · ASKING RENT LADDERDirect ZIP ZORI
Horizontal bars compare Zillow asking-rent indexes across the selected direct-evidence ZIP set.23456$2,71023455$2,28223454$2,15423451$2,10023464$1,99123462$1,98923453$1,92123452$1,817
02 · PRESSURE MATRIXRent × observed burden
Each point is one selected ZIP and ZCTA match. Horizontal position is Zillow asking rent and vertical position is the ACS renter cost-burden share.62.1%55.5%48.9%42.3%35.7%2346223451234642345223455234542345323456Zillow asking-rent index →ACS burden share →
03 · BENCHMARK GAPZORI vs HUD 2BR
Bars show the percentage difference between the Zillow blended asking-rent index and the local HUD two-bedroom standard. Their housing universes differ.23456+112.9%23455+111.9%23454+109.3%23451+101.4%23464+100.1%23462+97.0%23453+96.5%23452+90.0%
WHAT THE LOCAL DISTRIBUTION SAYS

At June 2026, selected ZIP records with direct Zillow ZORI evidence span $1,817 to $2,710, with a $2,045.50 median and an $893 spread. The lower reading is in 23452 and the upper reading in 23456, so the selected set presents a meaningful current-price choice rather than a narrow county band. The county Zillow figure is $2,065, up 4.5% year over year, but it should not be used to erase that within-set range. The practical question is whether a renter's property search and budget can accommodate the current ZORI level in a given ZIP while separately testing its longer-run survey rent, burden, and vacancy signals.

Zillow, ACS, and HUD provide adjacent but noninterchangeable benchmarks. ZORI is a typical observed asking-rent index; it is not the ACS 2024 five-year ZCTA median gross-rent estimate. The ACS estimates run from $1,651 to $2,057, versus $1,714 countywide, and they summarize a different time frame and survey universe. Separately, the FY2026 HUD two-bedroom standards range from $1,970 to $2,400. Current ZORI equals 90.0% to 112.9% of those standards across the set. That comparison can frame bedroom-specific program or budget screening, but the administrative HUD standard is neither an asking rent nor a substitute for an observed lease quote.

Affordability pressure and vacancy also vary, without providing a simple ranking. The ACS share of renter households spending 30% or more of income on rent ranges from 38.2% to 59.6%. A separate 30%-of-income screen based on current ZORI requires $72,680 to $108,400 annually; this arithmetic screen is not an ACS burden rate and does not establish what any household can afford. ACS vacancy rates range from 2.9% to 12.9%; the associated direct ZORI readings at those two extremes are $1,991 and $2,100, respectively. Because these are five-year survey estimates and ZORI is a current index, the contrast should prompt verification of current listings and terms, not an inference about negotiating leverage or unit availability.

Coverage and geography limit any ZIP-level conclusion. The eligible direct-evidence records cover 62,463 renter households but are a selected set, not a countywide inventory. Census ZCTAs are statistical areas rather than identical USPS delivery ZIPs. The HUD-USPS crosswalk assigned each displayed ZIP to Virginia Beach city based on its largest residential-address share, which ranges from 99.85% to 100.00%; ZIPs can nevertheless cross county lines. For any property, confirm the advertised asking rent and bedroom count, lease duration, fees and concessions, utility responsibility, income rules, occupancy status, and the date and geographic scope of each comparison.

Selected ZIP evidence

Keep each source universe visible

All 8 eligible direct-evidence ZIP profiles are shown.

ZIP / ZCTAZillow asking rentACS gross rentHUD 2BRBurden 30%+VacancyIncome screenHUD county share
23462$1,989$1,713$2,05059.6%5.8%$80k99.9%
23451$2,100$1,779$2,07050.0%12.9%$84k100.0%
23464$1,991$1,702$1,99050.0%2.9%$80k99.8%
23452$1,817$1,659$2,02054.5%4.2%$73k100.0%
23455$2,282$1,664$2,04050.6%5.9%$91k100.0%
23454$2,154$1,651$1,97046.9%4.8%$86k100.0%
23453$1,921$1,774$1,99038.2%3.3%$77k100.0%
23456$2,710$2,057$2,40048.4%7.6%$108k100.0%
READ BEFORE USING

The direct-evidence selection contains eligible ZIP records with Zillow matches and is not an exhaustive inventory of Virginia Beach city or all local rental areas. Displayed renter-household coverage does not make it a complete market sample, and absence from the set is not evidence about rent conditions.

Census ZCTAs are statistical areas rather than USPS delivery ZIPs, and ZIPs can cross county boundaries. HUD-USPS display assignment follows the county with the largest residential-address share, so ZIP labels and survey estimates should not be treated as precise property-level or municipal boundaries.

SOURCE LEDGERCensus ACS 5-year — county housing value, tenure and stockACS 2024 5-year · pulled 2026-07-30Census ACS five-year — ZCTA housing and incomeACS 2024 5-year ZCTA · pulled 2026-08-08HUD Fair Market Rents — Section 8 standardFY2026 FMR · pulled 2026-07-26HUD-USPS ZIP-to-county residential-address crosswalkHUD-USPS 2026Q1 · pulled 2026-08-09Zillow ZHVI and ZORI — county values and rentscounty ZHVI/ZORI 2026-06 · pulled 2026-07-26Zillow ZORI — ZIP market rentsZORI ZIP 2026-06 · pulled 2026-08-08
Cities & communities

Where people live within Virginia Beach city

Census-recognized incorporated places and CDPs that intersect this county. The list does not pretend to include every neighborhood or informal community.

Population scale

Largest Census places

ACS 2024 5-year
Virginia Beach city456.3K
Bars use total place population, not a county-share estimate. An asterisk marks a place that crosses a county line.
Official directory

1 Census places

Population
  1. 01
    Virginia Beach cityIncorporated place
    456,349

Population is the total place-wide ACS estimate, not an allocated county share. A place crossing a county line is labelled explicitly. Source: Census ACS 5-year — cities and communities · ACS 2024 5-year · pulled 2026-07-30.

Risk, demand and competition

The three things a price does not tell you

01
Risk & carrying costFEMA NRI + Census ACS
Dominant hazardhurricane

0.066% of building value expected lost per year

Effective property tax0.80%

$3,061 median annual bill

02
DemandIRS SOI household flows
Net migration-955

16,321 in · 17,276 out

Arriving vs leaving income−$1,218

$64,402 arriving · $65,620 leaving

03
CompetitionHMDA financed purchases
Purchases by investors8.0%

426 of 5,322 mortgages

investorother financed
Current listing pressure

What sellers and visible supply are doing

Realtor.com® Economic Research · county inventory 2026-06 · pulled 2026-07-28
Active listings981▲ 12.4% year over year
Median days on market30▼ 4.8% year over year
Listings price-reduced20.6%seller-concession signal
Median listing pricen/a▲ 13.0% year over year

Listing price is an asking price, not a closed sale. Quality-flagged county rows are withheld instead of displayed.

Same metro

The other counties in Virginia Beach, VA

A metro is an average of these. Which side of a county line a property sits on can change the tax bill, the hazard profile and the tenant pool.

CountyPopulationPriceRentYieldHazard
Virginia Beach city456,349$433k$2,0655.7%hurricane
Chesapeake city252,583$430k$2,0435.7%inland flooding
Norfolk city233,596$316k$1,7536.7%inland flooding
Newport News city184,216$297k$1,5876.4%inland flooding
Hampton city137,557$283k$1,6927.2%inland flooding
Suffolk city98,796$393k$1,9886.1%inland flooding
Portsmouth city97,190$270k$1,6177.2%inland flooding
James City County81,013$489k$2,1485.3%inland flooding
York County71,005$470k$2,0955.3%inland flooding
Bear case

What can break the county thesis

  1. Hurricane-related insurance, deductibles or mitigation needs may exceed what the county-level loss ratio captures.
  2. Asset-level expense and vacancy data may turn the stated gross yield into inadequate net cash flow.
  3. MLS listings, migration, and county workplace data may not represent a target neighborhood or property.
Underwriting questions

Before pricing a property

Can gross yield be calculated from the published market rent?

Yes. The record supplies median asking rent and a gross yield before costs.

Does HUD Fair Market Rent show likely asking rent?

No. It is a payment standard, not an asking-rent estimate.

Do Realtor.com indicators confirm closed-sale demand?

No. They are MLS listing-market evidence covering asking prices, active supply, marketing time and reductions.