Virginia · HUD FY2026 Fair Market Rents · Updated

Rent in Virginia Beach city, VA

HUD puts rent for a two-bedroom in Virginia Beach city, VA at $1,713 a month for 2026, and a one-bedroom at $1,512. Keeping the two-bedroom under 30% of income takes $32.94 an hour full time, or $68,520 a year. The typical household there would spend 22.1% of its income on it. HUD's 2027 figure, which takes effect October 1, 2026, is $1,667 (down 2.7%).

Rent in Virginia Beach city, VA at a glance

2-bedroom rent (HUD)

$1,713$20,556 a year · HUD fiscal year 2026From October 1, 2026: $1,667 (−2.7%)
Studio$1,492$29/hr needed
1 bedroom$1,512$29/hr needed
Wage a 2-bedroom takes$32.94an hour, 40 hours a week
3 bedrooms$2,376$46/hr needed

How much rent can you afford in Virginia Beach city, VA?

HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.

Affordable (< 30% of income)
HUD Fair Market Rent$1,713Monthly market rent
Share of gross income22.1%Recommended max: 30%
Annual income needed$68,520To meet the 30% standard
Max affordable rent$2,324At 30% of $92,968
0%30% (Affordability standard)100%
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Rent in Virginia Beach city, VA by bedroom, and the pay it takes

Income needed keeps rent at 30% of gross pay; the hourly figure assumes one full-time job, 2,080 hours a year.

HUD Fair Market Rent in Virginia Beach city, VA, fiscal 2026, and the income each needs
SizeA monthA yearIncome neededHourly wage needed
Studio$1,492$17,904$59,680$28.69/hr
1 bedroom$1,512$18,144$60,480$29.08/hr
2 bedroomsMost searched$1,713$20,556$68,520$32.94/hr
3 bedrooms$2,376$28,512$95,040$45.69/hr
4 bedrooms$2,797$33,564$111,880$53.79/hr

Cost of living in Virginia Beach city, VA: income, prices and a budget →

Rent in Virginia Beach city, VA: common questions

How much is rent going down in Virginia Beach city, VA in 2027?

HUD's Fair Market Rent for fiscal 2027, which takes effect October 1, 2026, is $1,667 for a two-bedroom, down 2.7% from $1,713. A one-bedroom goes from $1,512 to $1,488, a studio from $1,492 to $1,470.

These are HUD's estimates of what a typical recently rented unit costs, used for housing vouchers. A landlord's increase on your lease follows your lease and your state's rules, not this figure.

What is the average rent in Virginia Beach city, VA?

HUD's Fair Market Rent for 2026 is $1,512 for a one-bedroom and $1,713 for a two-bedroom, utilities included. That is $20,556 a year for the two-bedroom.

It is not an average of current listings. HUD sets it at the rent 40% of recent movers paid or less for a standard unit, so asking rents on newer places usually run higher.

How much do you need to make to afford rent in Virginia Beach city, VA?

To keep a $1,713 two-bedroom at 30% of gross pay, one full-time worker needs $32.94 an hour, or $68,520 a year. A one-bedroom at $1,512 takes $29.08 an hour.

How much is a 1, 2 or 3-bedroom apartment in Virginia Beach city, VA?

At HUD's 2026 Fair Market Rent: studio $1,492, one bedroom $1,512, two $1,713, three $2,376 and four $2,797 a month.

Is rent affordable in Virginia Beach city, VA?

For the typical household, earning $92,968 a year ($7,747 a month, Census ACS), a two-bedroom at $1,713 takes 22.1% of income. Under 30% is the usual line for affordable; this is under it.

How is the income needed for rent worked out?

Rent for a year divided by 0.30, the share of gross income HUD treats as affordable: ($1,713 × 12) ÷ 0.30 = $68,520. Divided by 2,080 working hours, that is $32.94 an hour.