Virginia Beach City · Virginia
Virginia Beach, VA housing costs
What a home costs to buy and to rent here, how old the housing stock is, and how much of a paycheck rent takes — all from Census ACS 5-year estimates.
Quick answer
The median home in Virginia Beach, VA is worth $366,300 and median gross rent is $1,649 a month. That is 21% above the national median home value of $303,400. 64.9% of occupied homes are owner-occupied, against 65% nationally.
- Median home value
- $366,300#37 of 94 metros
- Median gross rent
- $1,649/mo#22 of 94 metros
- Owner-occupied
- 64.9%US average 65%
- Median year built
- 1984Half the homes here are older than this
Can a median household here buy a median home?
Price-to-income is the plainest affordability yardstick there is.
Virginia Beach's median household earns $89,760 a year while the median home is worth $366,300. That is a price-to-income ratio of 4.1×, against roughly 3.9× nationally. Lenders have historically treated anything above 4× as stretched. Renters at the median put 31.1% of household income into gross rent; 30% is the federal threshold for “cost-burdened”.
Related data for Virginia Beach
The same household, seen from three angles.
Tables B25077, B25064, B25003, B25035 and B25071, 2019-2023 ACS 5-year, Census place 5,182,000. Values are place-level, not metro-area-wide.
More Virginia Beach data
Other Virginia Beach datasets on this site.
- Virginia Beach population and income
- Virginia Beach sales tax rate
- Virginia Beach property tax
- Virginia Beach cost of living
- Virginia Beach crime rates
- Virginia Beach public schools
- Virginia Beach weather normals
- Virginia Beach commute times
- Virginia Beach jobs and wages
Statewide: Virginia cities · Virginia ZIP codes · Virginia sales tax · Virginia counties