Rental numbers for Virginia Beach city, VA
The typical home here runs -$1,276 a month at 7.78% with 25% down, breaking even at about 1.0%. 0 of 8 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 5.8%.
- Gross yield
- 5.9%
- typical home, Zillow
- Median ZIP yield
- 5.8%
- 8 ZIPs with full data
- Cash flow
- -$1,276/mo
- at 7.78%, 25% down
- Typical price
- $428,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $2,086/mo
- Zillow ZORI, Aug 2026
ZIP codes in Virginia Beach city
9 with published figures
| 23462Virginia Beach | $327,000 | $2,013 | 7.4% | 4.1% | -$647 | +8.6% |
| 23453Virginia Beach | $373,000 | $1,936 | 6.2% | 3.1% | -$1,034 | +7.3% |
| 23464Virginia Beach | $409,000 | $2,024 | 5.9% | 2.9% | -$1,198 | +6.6% |
| 23455Virginia Beach | $462,000 | $2,236 | 5.8% | 2.9% | -$1,370 | +6.7% |
| 23452Virginia Beach | $386,000 | $1,842 | 5.7% | 2.8% | -$1,196 | +7.4% |
| 23456Virginia Beach | $559,000 | $2,644 | 5.7% | 2.8% | -$1,688 | +2.7% |
| 23454Virginia Beach | $462,000 | $2,121 | 5.5% | 2.6% | -$1,484 | +5.6% |
| 23451Virginia Beach | $662,000 | $2,142 | 3.9% | 1.4% | -$2,815 | +5.8% |
| 23457Virginia Beach | $677,000 | $1,900* | 3.4% | 0.8% | -$3,170 | n/a |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- +3.3%
- Rent, 12 months
- +6.7%
- Rent minus price growth
- +3.4 pts
- Property tax
- 0.80%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $343,746 | $1,610 |
| Aug 2022 | $370,624 | $1,739 |
| Aug 2023 | $389,968 | $1,804 |
| Aug 2024 | $407,102 | $1,894 |
| Aug 2025 | $413,998 | $1,956 |
| Aug 2026 | $427,536 | $2,086 |
HUD Fair Market Rent
FY2027, Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area
| Bedrooms | Studio | 1 bed | 2 bed | 3 bed | 4 bed |
|---|---|---|---|---|---|
| Fair Market Rent | $1,470 | $1,488 | $1,667 | $2,298 | $2,710 |
The 40th percentile gross rent for a standard unit, set by HUD each October and used for Section 8 payment standards. It runs below market rent; Zillow's index is shown above where it exists.
Supply
- Permits per 1,000 households
- 3.4
- 615 units, last 12 months
- National percentile
- 38th
- among US counties
Tools
Test a listing in Virginia Beach city against today's rate.
Open the calculatorPart of the Virginia Beach, VA metro.
Questions
- Is Virginia Beach city good for rental property?
- The typical home here runs -$1,276 a month at 7.78% with 25% down, breaking even at about 1.0%. 0 of 8 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 5.8%. The figures use a typical home, 7.78% with 25% down and default costs shown on each ZIP page. They describe the market, not any one property.
- What is the property tax rate in Virginia Beach city?
- About 0.80% of value, from Census ACS median taxes paid over median home value. On a $428,000 home that is about $3,420 a year.
- What is Fair Market Rent in Virginia Beach city?
- HUD's FY2027 Fair Market Rent here is $1,488 for a 1-bedroom, $1,667 for a 2-bedroom and $2,298 for a 3-bedroom. Typical cash flow at today's rate is -$1,276 a month.
Sources and method
- Zillow Home Value Index (ZHVI), mid tier, smoothed and seasonally adjusted
Zillow Research. Read: 2026-08.
Typical home value by ZIP, county, metro and state, and the price trend.
- Zillow Observed Rent Index (ZORI), all homes plus multifamily, smoothed
Zillow Research. Read: 2026-08.
Typical market rent by ZIP, county and metro, and the rent trend (tier A pages).
- HUD Small Area Fair Market Rents, FY2026
US Department of Housing and Urban Development. Read: FY2026.
Rent by bedroom count for every ZIP. The rent used on tier B pages, and a reference on all pages. It is the 40th percentile gross rent, so it runs below market.
- HUD Fair Market Rents by county, FY2027
US Department of Housing and Urban Development. Read: FY2027.
County rent by bedroom count on county pages.
- American Community Survey 5-year estimates, 2020 to 2024 (B25103 median real estate taxes paid, B25077 median home value, B11001 households)
US Census Bureau. Read: 2020 to 2024.
Effective property tax rate (median taxes paid divided by median value) by ZIP code tabulation area, county and state; households for the permits ratio.
- Freddie Mac Primary Mortgage Market Survey, 30-year fixed (FRED series MORTGAGE30US)
Freddie Mac via the Federal Reserve Bank of St. Louis. Read: 2026-09-24.
The weekly 30-year rate. The site adds a disclosed investor premium to it for the loan payment.
- Building Permits Survey, county monthly files
US Census Bureau. Read: 2025-09 to 2026-08.
New housing units permitted in the last 12 months per 1,000 households, a supply-pressure signal.
Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.
Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.