Virginia Beach-Chesapeake-Norfolk, VA-NC Average Rent & Rental Yield
Compare average asking rent (median), gross rental yield, home value, and transaction activity before moving into listing-level underwriting or investor discovery.
Average rent in Virginia Beach-Chesapeake-Norfolk, VA-NC
The median asking rent in Virginia Beach-Chesapeake-Norfolk, VA-NC is $2,300 as of July 2026, based on active rental listings across the metro. 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 $329,620, that rent level prices Virginia Beach-Chesapeake-Norfolk, VA-NC at a 8.14% gross rental yield — compared with 7.11% across Virginia.
Metro vs state rental signal
The metro read is a first-pass screen. Compare it with the state baseline, then pressure-test taxes, insurance, vacancy, rehab, and financing assumptions at the property level.
Virginia Beach-Chesapeake-Norfolk, VA-NC rent and rental yield comparison
The current Virginia Beach-Chesapeake-Norfolk, VA-NC baseline is $2,300 median asking rent and 8.14% gross rental yield. Compare rent, yield, and home values with selected Virginia metros, then open a public report or Rental Insights for property-level follow-up.
Washington-Arlington-Alexandria, DC-VA-MD-WV
Washington-Arlington-Alexandria, DC-VA-MD-WV median asking rent is $3,250, $950 (41.3%) higher than the $2,300 median asking rent in Virginia Beach-Chesapeake-Norfolk, VA-NC.
- Median rent
- $3,250
- Gross yield
- 6.01%
- Avg home value
- $657,883
Richmond, VA
Richmond, VA and Virginia Beach-Chesapeake-Norfolk, VA-NC both have a $2,300 median asking rent.
- Median rent
- $2,300
- Gross yield
- 7.84%
- Avg home value
- $351,497
Roanoke, VA
Roanoke, VA median asking rent is $1,700, $600 (26.1%) lower than the $2,300 median asking rent in Virginia Beach-Chesapeake-Norfolk, VA-NC.
- Median rent
- $1,700
- Gross yield
- 8.99%
- Avg home value
- $222,525
Lynchburg, VA
Lynchburg, VA median asking rent is $1,650, $650 (28.3%) lower than the $2,300 median asking rent in Virginia Beach-Chesapeake-Norfolk, VA-NC.
- Median rent
- $1,650
- Gross yield
- 8.24%
- Avg home value
- $230,435
Kingsport-Bristol, TN-VA
Kingsport-Bristol, TN-VA median asking rent is $1,500, $800 (34.8%) lower than the $2,300 median asking rent in Virginia Beach-Chesapeake-Norfolk, VA-NC.
- Median rent
- $1,500
- Gross yield
- 10.15%
- Avg home value
- $161,454
Danville, VA
Danville, VA median asking rent is $1,300, $1,000 (43.5%) lower than the $2,300 median asking rent in Virginia Beach-Chesapeake-Norfolk, VA-NC.
- Median rent
- $1,300
- Gross yield
- 12.54%
- Avg home value
- $132,948
Staunton-Stuarts Draft, VA
Staunton-Stuarts Draft, VA median asking rent is $1,800, $500 (21.7%) lower than the $2,300 median asking rent in Virginia Beach-Chesapeake-Norfolk, VA-NC.
- Median rent
- $1,800
- Gross yield
- 7.98%
- Avg home value
- $282,738
Martinsville, VA
Martinsville, VA median asking rent is $1,257, $1,043 (45.3%) lower than the $2,300 median asking rent in Virginia Beach-Chesapeake-Norfolk, VA-NC.
- Median rent
- $1,257
- Gross yield
- 10.90%
- Avg home value
- $95,504
Virginia Beach-Chesapeake-Norfolk, VA-NC rent and yield FAQ
Quick answers based on the latest Virginia Beach-Chesapeake-Norfolk, VA-NC rental listing and transaction data.
What is the average rent in Virginia Beach-Chesapeake-Norfolk, VA-NC?
As of July 2026, the median asking rent in Virginia Beach-Chesapeake-Norfolk, VA-NC is $2,300. SFR Analytics reports the median of active rental listings rather than a simple average so outlier luxury listings do not distort the figure.
What is a good rental yield in Virginia Beach-Chesapeake-Norfolk, VA-NC?
Virginia Beach-Chesapeake-Norfolk, VA-NC currently prices at a 8.14% gross rental yield, versus 7.11% across Virginia. Treat gross yield as a first-pass screen — it excludes taxes, insurance, vacancy, rehab, and financing, so underwrite at the property level before acting on it.
Move from Virginia Beach-Chesapeake-Norfolk, VA-NC market context to property-level screening
Open Rental Insights with Virginia Beach-Chesapeake-Norfolk, VA-NC selected, then pair the yield signal with investor activity and rental data workflows.