ReNew Marina Shores
2200 Willow Oak Cir,
Virginia Beach, VA 23451
1-3 Beds | $1,673 - 2,432
Rental Market Trends in Virginia Beach, VA
What is the average rent in Virginia Beach, VA?
$1,480/month
Average Rent
757 Sq Ft
Average Apartment Size
+3.8%
Increase in the Last Year
As of November 2024, the average rent in Virginia Beach, VA is $1,480 per month. For comparison, the national average rent price in the US is currently $1,559/month, which means Virginia Beach rent prices are 5% lower than the national average. When you rent an apartment in Virginia Beach, you can expect to pay about $1,553 per month for a studio, $1,480 for a one-bedroom apartment, and around $1,679 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,013 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average 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 $57 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 November 2024
Legend
2023
2024
Rent Ranges in Virginia Beach, VA
Last Updated November 2024
$1,501 - $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
5%
$700 - $1,000/month
37%
$1,001 - $1,500/month
45%
$1,501 - $2,000/month
13%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Virginia Beach?
Based on current rent prices, North Central, Northwest Virginia Beach and Northeast Virginia Beach are the most affordable neighborhoods in Virginia Beach.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Virginia Beach?
Based on current rent prices, Northeast Virginia Beach, Northwest Virginia Beach and North Central are the most expensive neighborhoods in Virginia Beach.
Neighborhood
Average Rent
Average Sq Ft
Which Virginia Beach neighborhoods have the most rentals available?
The neighborhoods in Virginia Beach with the most apartments available are Northwest Virginia Beach, Northeast Virginia Beach and North Central .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Virginia Beach, VA?
Because the average rent in Virginia Beach is $1,480, you’ll want to make about $4,933 per month or $59,196 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.
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.
Studio
-
$1,395/month
One Bedroom
$1,423/month
$1,500/month
Two Bedroom
$1,553/month
$1,726/month
Three Bedroom
$1,973/month
$2,239/month
Nearby City Rent Trends
Apartment communities in Virginia Beach we think you'll love
Property Management Companies in Virginia Beach, VA
Franklin Group
-
121
Communities
-
22,186
Units
-
58
Cities
14 Communities in Virginia Beach
Drucker + Falk
-
148
Communities
-
35,286
Units
-
57
Cities
12 Communities in Virginia Beach
S.L. Nusbaum
-
76
Communities
-
14,862
Units
-
29
Cities
11 Communities in Virginia Beach
Vest Residential
-
67
Communities
-
15,812
Units
-
39
Cities
8 Communities in Virginia Beach
Seminole Trail Management
-
14
Communities
-
3,257
Units
-
5
Cities
7 Communities in Virginia Beach
Ripley Heatwole Co., Inc.
-
11
Communities
-
2,136
Units
-
4
Cities
7 Communities in Virginia Beach
Trinity Property Consultants
-
149
Communities
-
37,834
Units
-
97
Cities
5 Communities in Virginia Beach
Greystar
-
3,182
Communities
-
880,153
Units
-
826
Cities
3 Communities in Virginia Beach
Learn more with helpful articles
Rental management, simplified
Our all-in-one suite of property manangement software makes the rental process easy. Screen tenants, manage payments, and more – all on Apartments.com
Methodology
† 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.
* Percentages may not total 100 due to rounding.