Should you rent in Virginia Beach? Cost of living index: 103/100. Median income: $78,618. See how much rent you can afford and where to look.
Population
459,470
Median Home Price
$340,000
Property Tax Rate
0.86%
Median Income
$78,618
Cost of Living
103/ 100
The rental market in Virginia Beach, VA is shaped by a cost of living index of 103 and a population of 459,470. Rent prices generally correlate with home values — with a median home price of $340,000, rental rates reflect the overall market demand in the area.
Financial experts recommend spending no more than 30% of gross income on rent. With a median household income of $78,618 in Virginia Beach, that means a monthly housing budget of roughly one-third of monthly earnings. Compare this to actual rental listings to gauge affordability.
Virginia Beach offers neighborhoods ranging from walkable urban districts to quieter suburban areas. Rent varies significantly by location, with areas closer to downtown or major employers typically commanding higher prices. Research commute times and amenities when choosing where to rent.
Use our free calculator with Virginia Beach-specific data already filled in.
Open Virginia Beach CalculatorPlanning a move to Virginia Beach? Cost of living index: 103/100. Median home: $340,000. Median income: $78,618. Get the full relocation breakdown.
Median home price in Virginia Beach: $340,000. Property tax rate: 0.86%. Get mortgage estimates, affordability analysis, and local market insights.
Virginia Beach cost of living index: 103/100 (100 = national avg). Median home $340,000, median income $78,618. See housing, groceries & more.
Median household income in Virginia Beach: $78,618. Cost of living index: 103/100. See how far your salary really goes and compare local job market data.
Property tax rate in Virginia Beach: 0.86%. Median home price: $340,000. Calculate your annual bill, compare to state averages, and find exemptions.
What does commuting cost in Virginia Beach? Population: 459,470. Median income: $78,618. Compare transit, driving, and biking options with real local data.
Median home in Virginia Beach: $340,000. Tax rate: 0.86%. Compare Virginia Beach neighborhoods by price, schools, and lifestyle to find the right fit.