Market data updated Jul 1, 2026

Virginia Average Rent & Rental Yield

Screen Virginia rental return signals with average asking rent (median), gross rental yield, home value, and transaction activity. Use this page as a market-level starting point before underwriting individual properties, operators, or borrower prospects.

7.11%
Gross Rental Yield
$2,500
Median Rent
$418,963
Avg Home Value
N/A
Transactions (30d)

Average rent in Virginia

The median asking rent in Virginia is $2,500 as of July 2026, based on active rental listings statewide. We report the median — the midpoint of asking rents — because it tracks the typical listing more reliably than a simple average, which luxury and outlier listings can skew.

Against an average home value of $418,963, that rent level prices Virginia at a 7.11% gross rental yield. Rent and yield vary widely by metro — use the metro breakdown below to compare individual Virginia markets.

Rental yield snapshot for Virginia

Gross rental yield is a first-pass market screen. It does not include taxes, insurance, repairs, vacancies, financing, or property-level operating differences. Pair it with observed transaction activity before choosing where to prospect.

N/A
Median Sale Price
N/A
Active Listings
N/A
Avg Days on Market
N/A
Months of Supply
N/A
Price Reduced
Jul 1, 2026
Market Data Date

Metro market heatmap

Featured metros combine the largest Virginia markets by transaction activity with the highest gross-yield markets, so both demand centers and return outliers stay visible in one screen.

Browse Virginia investors

Virginia metro market heatmap

Each metro tile shows rent, value, transaction context, and a direct path into the Rental Insights workflow.

Under 5.5%5.5% to <6.5%6.5% to <7.5%7.5%+
Metro
Gross Yield
Median Rent
Washington-Arlington-Alexandria, DC-VA-MD-WV
VA
6.01%
$3,250
Virginia Beach-Chesapeake-Norfolk, VA-NC
VA
8.14%
$2,300
Richmond, VA
VA
7.84%
$2,300
Roanoke, VA
VA
8.99%
$1,700
Lynchburg, VA
VA
8.24%
$1,650
Charlottesville, VA
VA
7.00%
$2,500
Kingsport-Bristol, TN-VA
VA
10.15%
$1,500
Danville, VA
VA
12.54%
$1,300
Harrisonburg, VA
VA
7.49%
$1,975
Staunton-Stuarts Draft, VA
VA
7.98%
$1,800
Martinsville, VA
VA
10.90%
$1,257
Lake Of The Woods, VA
VA
7.52%
$2,495

All Virginia rental markets

Average rent and rental yield reports for every covered Virginia metro (13 markets).

Turn Virginia rental signals into a target list

Use yield context to prioritize a market, then move into rental listings, active investors, borrower prospects, or a custom data pull for your team.