Home prices
The median home in Virginia Beach costs $280,800. It is approximately $46,433 (19%) higher compared to the surrounding areas.In comparison to the entire country it is roughly $63,300 (29%) higher.
Rents
Virginia Beach's median monthly rent is $1,367. It is roughly $135 (10%) higher compared to nearby areas.In comparison to the rest of the country it is roughly $305 (28%) higher.
Nearby places
Chesapeake
Chesapeake is Virginia Beach's neighbor to the west. The housing prices there are fairly similar. The median home in Chesapeake is valued at $273,700, which is $7,100 (2%) lower than Virginia Beach. Rents there are somewhat less expensive. In Chesapeake the median monthly rent is $1,279, which works out to $88 (6%) lower than Virginia Beach.
Norfolk
Norfolk is Virginia Beach's neighbor to the northwest. The housing prices there are substantially less expensive. The cost of the median home in Norfolk is $206,700, which is $74,100 (35%) lower than Virginia Beach. Rents there are a little less expensive. The median rent in Norfolk is $1,059 per month, which works out to $308 (29%) lower than Virginia Beach.
Moyock
Moyock is approximately 16 miles south from Virginia Beach. The real estate prices there are pretty similar. The median home in Moyock costs $278,000, which works out to $2,800 (1%) lower than Virginia Beach. The rent there is a bit more expensive. In Moyock the median rent is $1,583 per month, which works out to $216 (13%) higher than Virginia Beach.
Portsmouth
Portsmouth is approximately 16 miles northwest from Virginia Beach. Its housing prices are significantly less expensive. The median home in Portsmouth costs $170,900, which comes out to $109,900 (64%) lower than Virginia Beach. Its rents are a bit less expensive. In Portsmouth the median rent is $1,048 a month, which works out to $319 (30%) lower than Virginia Beach.
Carrollton
Carrollton is roughly 27 miles northwest of Virginia Beach. Its real estate prices are pretty similar. The median home price in Carrollton is $290,200, which comes out to $9,400 (3%) higher than Virginia Beach. Its rents are similar. In Carrollton the median rent is $1,306 per month, which comes out to $61 (4%) lower than Virginia Beach.
Hampton
Hampton is about 27 miles northwest of Virginia Beach. Real estate prices there are significantly less expensive. The median home price in Hampton is $186,700, which works out to $94,100 (50%) lower than Virginia Beach. Its rents are a little less expensive. The median monthly rent in Hampton is $1,118, which is $249 (22%) lower than Virginia Beach.