Property Prices in Virginia Beach, VA, United States

Index Info
Price to Income Ratio: 3.26
Mortgage as Percentage of Income: 29.46%
Loan Affordability Index: 3.39
Price to Rent Ratio - City Centre: 7.72
Price to Rent Ratio - Outside of Centre: 8.09
Gross Rental Yield (City Centre): 12.95%
Gross Rental Yield (Outside of Centre): 12.36%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,851.00 $ 1,250.00-2,200.00
Apartment (1 bedroom) Outside of Centre 1,538.43 $ 1,100.00-1,800.00
Apartment (3 bedrooms) in City Centre 3,288.17 $ 2,895.00-4,500.00
Apartment (3 bedrooms) Outside of Centre 2,633.33 $ 2,300.00-3,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 288.00 $ 202.99-350.00
Price per Square Feet to Buy Apartment Outside of Centre 246.66 $ 202.99-315.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) 4,419.57 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.64 6.19-6.85

These data are based on 82 entries in the past 18 months from 21 different contributors.
Last update: December 2024

Sources and References
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