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Zillow ZORI Data · Updated Monthly

Rental Market in
Virginia

Median rents, affordability ratios, and city-by-city breakdowns across 7 metro areas.

State Average Rent

$---

-4.8% vs national

Lowest Rent

$---

Richmond

Highest Rent

$---

Alexandria

Avg Rent-to-Income

---%of annual income

Rent Landscape

Alexandria

$2,223

23% income

Chesapeake

$2,002

26% income

Virginia Beach

$1,953

26% income

Norfolk

$1,696

32% income

Newport News

$1,596

29% income

Hampton

$1,587

28% income

Richmond

$1,574

30% income

<30% Affordable 30-40% Stretched >40% Unaffordable National avg

All Cities

City	Median Rent	Affordability	Population
Alexandria	$2,223	23.5%	155,230
Chesapeake	$2,002	25.5%	253,886
Virginia Beach	$1,953	25.8%	453,649
Norfolk	$1,696	31.8%	230,930
Newport News	$1,596	28.7%	183,118
Hampton	$1,587	28.1%	137,098
Richmond	$1,574	30.1%	114,106

Affordability Breakdown

Affordable (<30%)5

Stretched (30–40%)2

Unaffordable (>40%)0

Most Affordable

1.Richmond$1,574 2.Hampton$1,587 3.Newport News$1,596 4.Norfolk$1,696 5.Virginia Beach$1,953

Most Expensive

1.Alexandria$2,223 2.Chesapeake$2,002 3.Virginia Beach$1,953 4.Norfolk$1,696 5.Newport News$1,596

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Housing Market Cost of Living Salaries

Data Sources & Methodology

Rent Data: According to Zillow ZORI (Zillow Observed Rent Index), the industry standard for median asking rent data.

Income Data: According to U.S. Census Bureau ACS 2023, table B19013 — median household income.

Affordability: Calculated as (Monthly Rent × 12) ÷ Annual Income × 100%. The 30% threshold is the HUD standard.

Updated monthly

Last refresh: Mar 20, 2026

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Rental Market inVirginia

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Rental Market inVirginia

Rental Market in
Virginia

Rental Market in
Virginia