Virginia Beach-Norfolk-Newport News, VA-NC · Virginia
Virginia Beach city
457,066 residents299 permits TTM$90,685 median HHI12 ZIP codesUpdated April 16, 2026
Investor first look
Median home value
$366,300
ACS 5-Year
Cap rate proxy
5.6%
FMR × 0.65 ÷ Home Value
Rent-to-income
21.8%
HUD FMR ÷ ACS HHI
Net migration
+2.59%
IRS SOI
Permits (TTM)
299
Census BPS
Climate risk
57.9
FEMA NRI (0–100)
ZIP code breakdown12 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Cap rate ↓ | Rent gap |
|---|---|---|---|---|---|
| 23462 | $320,203 | $2,050 | 7.7% | 7.1% | 7.7% |
| 23455 | $450,734 | $2,040 | 5.4% | 6.2% | -14.1% |
| 23453 | $364,551 | $1,990 | 6.6% | 6.1% | 7.2% |
| 23456 | $545,555 | $2,400 | 5.3% | 6.0% | -13.6% |
| 23464 | $400,598 | $1,990 | 6.0% | 5.9% | 0.8% |
| 23452 | $376,336 | $2,020 | 6.4% | 5.6% | 13.1% |
| 23459 | $366,300county est. | $1,910 | 6.3% | 5.4% | 13.7% |
| 23460 | $366,300county est. | $1,970 | 6.5% | 5.4% | 16.3% |
| 23461 | $366,300county est. | $2,090 | 6.8% | 5.4% | 21.1% |
| 23454 | $451,660 | $1,970 | 5.2% | 5.3% | -2.1% |
| 23451 | $647,508 | $2,070 | 3.8% | 3.5% | 8.3% |
| 23457 | $651,674 | $1,900 | 3.5% | 3.0% | 13.2% |
Sort by any column. Click a ZIP for detail. Rent gap: green = HUD FMR above market rent.
Demographics
Owner-occupied
64.9%
Census ACS
Vacancy rate
5.7%
Census ACS
Bachelor's degree +
40.4%
Census ACS
Rent burdened
49.5%
Census ACS (>30% income)
Median age
37.4
Census ACS
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 16, 2026