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22 Studio Apartments for rent in Virginia Beach, VA

Last updated September 25 at 11:43pm UTC
Premier Apartments
165 Central Park Avenue
Virginia Beach, VA
Updated September 25 at 7:30pm UTC
Studio
$1,195
The Loraine
245 Granby Street
Norfolk, VA
Updated September 25 at 11:43pm UTC
Studio
$967
Results within 1 miles of Virginia Beach, VA
Results within 5 miles of Virginia Beach, VA
4833 Texas Avenue
Brandon Place
Norfolk, VA
Updated September 7 at 9:59am UTC
Studio
$1,195
The Lafayette
4601 Mayflower Rd
Norfolk, VA
Updated September 25 at 10:47am UTC
Studio
$844
1132 Ocean Pebbles Way
Northeast Virginia Beach
Virginia Beach, VA
Updated September 7 at 10:03am UTC
Studio
Ask
953 Newtown Rd
Newtown
Norfolk, VA
Updated September 13 at 5:31pm UTC
Studio
$1,700
5600 Campus Drive^^
Northwest Virginia Beach
Virginia Beach, VA
Updated September 22 at 1:27pm UTC
Studio
Ask
2424 Savannah Trail
Virginia Beach
Virginia Beach, VA
Updated September 11 at 10:47am UTC
Studio
$2,400
3224 Shore Drive
Northeast Virginia Beach
Virginia Beach, VA
Updated September 3 at 11:27am UTC
Studio
Ask
5516 Island Court
Northwest Virginia Beach
Virginia Beach, VA
Updated September 1 at 10:00am UTC
Studio
Ask
3189 Tidal Bay Lane
Northeast Virginia Beach
Virginia Beach, VA
Updated August 23 at 10:17am UTC
Studio
Ask
Results within 10 miles of Virginia Beach, VA
C Avenue
Olde Huntersville
Norfolk, VA
Updated August 17 at 7:17am UTC
Studio
$950

September 2018 Virginia Beach Rent Report

Welcome to the September 2018 Virginia Beach Rent Report. Virginia Beach rents remained steady over the past month. In this report, we'll evaluate trends in the Virginia Beach rental market, including comparisons to cities throughout the state and nation.

View full Virginia Beach Rent Report
Rent Report
Virginia Beach

September 2018 Virginia Beach Rent Report

Welcome to the September 2018 Virginia Beach Rent Report. Virginia Beach rents remained steady over the past month. In this report, we'll evaluate trends in the Virginia Beach rental market, including comparisons to cities throughout the state and nation.

Virginia Beach rents held steady over the past month

Virginia Beach rents have remained steady over the past month, but are down moderately by 0.6% year-over-year. Currently, median rents in Virginia Beach stand at $1,070 for a one-bedroom apartment and $1,280 for a two-bedroom. Virginia Beach's year-over-year rent growth lags the state average of 0.5%, as well as the national average of 1.0%.

Rents rising across cities in Virginia

While rent decreases have been occurring in the city of Virginia Beach over the past year, cities in the rest of the state are seeing the opposite trend. Rents have risen in 6 of the largest 10 cities in Virginia for which we have data. The state as a whole logged rent growth of 0.5% over the past year. Here's a look at how rents compare across some of the largest cities in the state.

  • Looking throughout the state, Arlington is the most expensive of all Virginia's major cities, with a median two-bedroom rent of $2,100; of the 10 largest cities in Virginia that we have data for, Portsmouth, Lynchburg, and Norfolk, where two-bedrooms go for $910, $860, and $950, respectively, are the three major cities in the state besides Virginia Beach to see rents fall year-over-year (-2.3%, -2.2%, and -0.7%).
  • Richmond, Suffolk, and Newport News have all experienced year-over-year growth above the state average (1.9%, 1.8%, and 1.8%, respectively).

Virginia Beach rents more affordable than many large cities nationwide

As rents have fallen moderately in Virginia Beach, many large cities nationwide have seen prices increase, in some cases substantially. Virginia Beach is also more affordable than most large cities across the country.

  • Virginia Beach's median two-bedroom rent of $1,280 is above the national average of $1,180. Nationwide, rents have grown by 1.0% over the past year compared to the 0.6% decline in Virginia Beach.
  • While rents in Virginia Beach fell moderately over the past year, many cities nationwide saw increases, including Phoenix (+2.5%), Atlanta (+1.5%), and San Francisco (+1.1%).
  • Renters will find more reasonable prices in Virginia Beach than most large cities. For example, San Francisco has a median 2BR rent of $3,100, which is more than twice the price in Virginia Beach.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.
City Median 1BR price Median 2BR price M/M price change Y/Y price change
Virginia Beach $1,070 $1,280 -0.0% -0.6%
Norfolk $790 $950 0.1% -0.7%
Newport News $840 $1,010 0.4% 1.8%
Hampton $870 $1,040 -0.2% 1.2%
Portsmouth $760 $910 -0.7% -2.3%
Suffolk $920 $1,100 -0.5% 1.8%
Williamsburg $1,000 $1,190 0.0% 3.3%

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.