What percentage of people rent in Virginia Beach, VA?
34.9% (±0.9 points) of the occupied homes in Virginia Beach, VA are rented (2020–2024 American Community Survey).
That is 62,686 renting households against 117,165 that own their home.
In Virginia Beach, the share of households that rent went from 36.3% in 2015–2019 to 34.9% in 2020–2024 (−1.4 percentage points), a measurable decrease.
Figures last updated on .
- Households that rent
- 34.9% (±0.9 points)
- Renting households
- 62,686 (±1,731)
- Median renter income
- $62,879 (±$1,834)
Who rents and who owns in Virginia Beach
| Virginia Beach | Virginia Beach city | Virginia | United States | |
|---|---|---|---|---|
| Renter-occupied share | 34.9% (±0.9 points) | 34.9% (±0.9 points) | 32.7% (±0.3 points) | 34.8% |
| Renting households | 62,686 (±1,731) | 62,686 (±1,731) | 1,099,123 (±8,702) | 45,017,354 |
| Owning households | 117,165 (±1,779) | 117,165 (±1,779) | 2,266,609 (±13,049) | 84,210,142 |
| Average renter household size | 2.3 (±0.0) | 2.3 (±0.0) | 2.3 (±0.0) | 2.3 |
| Average owner household size | 2.6 (±0.0) | 2.6 (±0.0) | 2.6 (±0.0) | 2.6 |
| Median renter household income | $62,879 (±$1,834) | $62,879 (±$1,834) | $60,343 (±$529) | $52,966 |
| Median owner household income | $113,536 (±$2,110) | $113,536 (±$2,110) | $114,147 (±$479) | $100,009 |
In Virginia Beach, the renter share is not measurably different from Virginia Beach city (34.9%).
It is also higher than in Virginia (32.7%).
It is not measurably different from the national figure (34.8%).
Statewide, it ranks 193 of 464.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Virginia Beach has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 36.3% (±0.7 points) | 34.9% (±0.9 points) | −1.4 percentage points | Measurable decrease |
| Median gross rent | $1,367 (±$16) | $1,714 (±$19) | +25.4% | Up after inflation |
| Median household income | $76,610 (±$1,188) | $92,968 (±$1,774) | +21.4% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Households that rent in places near Virginia Beach
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Virginia Beach | — | 34.9% (±0.9 points) | — |
| Norfolk | 16 mi | 53.7% (±1.4 points) | Higher |
| Chesapeake | 17 mi | 25.6% (±1.3 points) | Lower |
| Portsmouth | 19 mi | 42.1% (±1.8 points) | Higher |
| Moyock | 21 mi | 4.5% (±3.8 points) | Lower |
| Hampton | 24 mi | 43.1% (±1.6 points) | Higher |
| Poquoson | 28 mi | 15.4% (±4.0 points) | Lower |
| Carrollton | 29 mi | 30.9% (±6.1 points) | Not measurably different |
| Bethel Manor | 31 mi | 100.0% (±3.0 points) | Higher |
Nearby places with a measurably lower figure: Chesapeake, VA (25.6%), Moyock, NC (4.5%), Poquoson, VA (15.4%).
Nearby places with a measurably higher figure: Norfolk, VA (53.7%), Portsmouth, VA (42.1%), Hampton, VA (43.1%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Virginia Beach
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Questions about Virginia Beach
How many renters are there in Virginia Beach?
Virginia Beach has an estimated 62,686 (±1,731) renting households, 34.9% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Virginia Beach?
In Virginia Beach, the share of households that rent went from 36.3% in 2015–2019 to 34.9% in 2020–2024 (−1.4 percentage points), a measurable decrease.
How big are renting households in Virginia Beach?
A renting household in Virginia Beach has 2.3 people on average, against 2.6 in an owned home.
How much do renters earn in Virginia Beach?
The median renting household in Virginia Beach, VA has an income of $62,879 (±$1,834) a year, against $113,536 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Virginia Beach city, Virginia
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Virginia Beach city, Virginia
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Virginia Beach city, Virginia
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Virginia Beach city, Virginia
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Virginia Beach city, Virginia
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Virginia Beach city, Virginia (place:82000, in state:51).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.
The API needs a free key.
DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
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- Housing data for every place in Virginia