RentData

Average Rent in Virginia Beach, NC Rents rising 13.6% YoY🔺 4th priciest in NC

HUD FY2025 · Official government data · Updated annually · Metro pop. 1,782,590

Data review: HUD FY2025Sources: HUD, Zillow, CensusMethodologyEditorial standardsReport a correction

Market Overview

Virginia Beach, NC has rental prices ranging from $1,475/month to $2,809/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $1,483/month — 6% above the national average of $1,400/month. With a median household income of $80,533/year, spending $1,483/month on a 1-bedroom represents 22% of gross income — within the recommended 30% threshold.

How Virginia Beach Compares

With an average 2-bedroom rent of $1,696/month, Virginia Beach ranks #4 most expensive of the 87 cities tracked in North Carolina — pricier than 95% of all US cities in our data.

The Virginia Beach Rental Market

The Virginia Beach, NC area has a population of about 1,782,590 and 37% of households renting rather than owning. That is close to the US average renter share of ~34%.

Rent Trends

2-bedroom rents in Virginia Beach, NC have risen by $203/month (13.6%) over the past year, from $1,493 to $1,696. This rate of increase is significant and reflects strong rental demand and limited housing supply in the local market.

Affordability

To afford a 1-bedroom apartment in Virginia Beach, NC without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $59,320. The local median household income of $80,533 exceeds that threshold by $21,213, making Virginia Beach relatively accessible compared to local wages.

Fair Market Rents

HUD FY2025
Studio
$1,475
Affordable
1 Bedroom
$1,483
Affordable
2 Bedrooms
$1,696
13.6% YoY
Affordable
3 Bedrooms
$2,361
Average
4 Bedrooms
$2,809
Expensive
🔔
Get Rent Alerts
Be notified when rents change in Virginia Beach

Is Virginia Beach, NC Affordable?

Income needed to rent or buy, price history, and how this city compares to nearby metros.

Affordability Index(30% income rule)

To rent a 2BR
$67,840/year
Local median income: $80,533
To buy a median home
/year
US national median: $75,000
💡 Based on a 2BR rent of $1,696/month and 20% down on a home at 7% rate.

Nearby Cities in NClargest metros in the state

CityStudio1BR2BR3BRHome Value
Anson County$834$927$1,216$1,465
Charlotte$1,586$1,647$1,824$2,250
Camden County$982$990$1,129$1,582
Raleigh$1,533$1,592$1,763$2,192
Greensboro$999$1,039$1,150$1,463
Winston$945$992$1,163$1,526

Rent or Buy in Virginia Beach?

Break-even analysis and mortgage estimates based on local market data.

Should I Rent or Buy?

Break-even analysis using real Virginia Beach data

$
Home Value
$350,000
2BR Rent
$1,696/mo
Mortgage Rate
7%
Monthly P&I
$1,863/mo
🏠 Buy

Buying breaks even after 1 year — worth it if you stay 1+ years.

Total monthly buy cost: $2,577/movs rent: $1,696/mo
Estimates only. Excludes HOA, PMI (if <20% down), closing costs, and tax benefits. Assumes 5% return on invested down payment.

Living in Virginia Beach

Cost of living, job market, crime rates, and moving cost estimates.

Moving Cost Estimator

Estimate your moving costs based on FMCSA public mover data

Select your origin state to see the estimate

Estimates based on FMCSA average mover rates. Get at least 3 binding quotes from licensed movers. Protect your move →

Frequently Asked Questions

Explore More

🏘️Neighborhoods in Virginia Beach

Compare rent & home prices by neighborhood

💵Rent Affordability in Virginia Beach

Salary needed to afford rent here

🗺️All Cities in NC

See how Virginia Beach ranks statewide

⚖️Compare Virginia Beach

Side-by-side rent & cost of living with any city

📋NC Tenant Rights

Deposit limits, eviction laws & renters protections