Property Prices in Virginia Beach, VA, United States

Index Info
Price to Income Ratio: 2.79
Mortgage as Percentange of Income: 20.96%
Loan Affordability Index: 4.77
Price to Rent Ratio - City Centre: 11.40
Price to Rent Ratio - Outside of Centre: 7.68
Gross Rental Yield (City Centre): 8.77%
Gross Rental Yield (Outside of Centre): 13.02%
Rent Per Month [ Edit ] Range
Apartment (1 bedroom) in City Centre 1,178.03 $ 850.00-1,293.40
Apartment (1 bedroom) Outside of Centre 1,028.43 $ 800.00-1,189.60
Apartment (3 bedrooms) in City Centre 1,619.00 $ 1,517.00-2,000.00
Apartment (3 bedrooms) Outside of Centre 1,355.30 $ 1,200.00-1,500.00
Buy Apartment Price [ Edit ]
Price per Square Feet to Buy Apartment in City Centre 243.22 $ 237.78-251.11
Price per Square Feet to Buy Apartment Outside of Centre 140.82 $ 138.89-165.00
Salaries And Financing [ Edit ]
Average Monthly Net Salary (After Tax) 3,705.87 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.38 3.89-4.54

These data are based on 64 entries in the past 18 months from 13 different contributors.
Last update: March 2019

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