Property prices for rent in Virginia Beach (Virginia)

The rent prices in real estate in Virginia Beach, in the Virginia region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.

Average price last 6 months
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Virginia Beach has risen during the last 6 months. In January, the average price per sq.feet was $1.45. In February this price barely changed remaining at $1.48 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $1.47 to $1.52 per sq.feet. The price per sq.feet has risen 112 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $1.5 to $1.67 during May, and June.

Average price

When referring to the price in Virginia Beach (cities), this has risen in the last 6 months. In our first sample month during January, the average price is $1,376. In February This price remains at $1,398. In the following two months the average price has hardly changed with regard to the previous two months from $1,387 to $1,425. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 120 % during the last two months.

Average price per bedrooms

The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of $1,795 they are 21 % more affordable than the average price for Virginia Beach . The properties with the highest average price have 4 bedrooms, Their price is 60 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,912.

With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.25 / sq.feet, with an average $1.66 / sq.feet price in Virginia Beach. The properties with the most expensive average prices have 1 bedroom. They are 14 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.7 / sq.feet.

Price per property type

The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,795 it is 33 % more affordable than the average price in Virginia Beach. "Townhouse" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Apartment". At a price of $1,721 it is 20 % more expensive than the average price.

According to the average cost per sq.feet, the most affordable property is "Townhouse" at an average price of $1.2 / sq.feet followed by "House" priced at $1.46 / sq.feet. "Apartment" is the most expensive type of property with a $1.73 / sq.feet value followed by "Condo" with an average price of $1.5 / sq.feet.

Charts data
Average price June
Average price per sq.feet June
Number of properties used in Virginia Beach
Number of properties used in region Virginia
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value