Affordable & Income-Based Housing in Virginia Beach

Affordability

Virginia Beach has a median household income of $92,968 and a median asking rent of $1,714 per month, according to Census ACS 5-Year estimates (2024). About 35% of residents rent their homes, reflecting a market where affordable and income-based housing options can make a meaningful difference for cost-burdened households.

Safety

According to the Virginia Beach Police Department's FBI Crime Data Explorer reporting, Virginia Beach had a violent crime rate of 97 per 100,000 residents in 2024. Note that crime rates are not directly comparable across cities due to differences in reporting practices and local definitions.

Getting Around Virginia Beach

According to Walk Score, the area around assisted properties in Virginia Beach rates 14 out of 100 (Car-Dependent) for walkability, 18 out of 100 (Minimal Transit) for public transit, and 39 out of 100 for bikeability. Most errands and commutes will require a car.

Schools

Virginia Beach is served by 89 public schools across 2 districts -- including 55 elementary, 15 middle, 12 high schools, and 7 other campuses -- according to NCES Common Core of Data. Ratings vary by school and district, so renters should check the assigned schools for a specific address.

Cost of Renting in Virginia Beach

The median household income in Virginia Beach is $92,968 per year, according to Census ACS 5-Year data. The median market rent is $1,714 per month, which can be a significant burden for households earning well below the city median.

HUD-assisted, Section 8, and LIHTC housing offer rent that is tied to your income rather than the market rate, making the 1,355 income-restricted units across Virginia Beach an important resource for renters who need a more affordable option.

Flood and Environmental Exposure

Of the 20 HUD-assisted properties mapped for flood risk in Virginia Beach, 1 falls within a high-risk flood zone. Virginia Beach is a coastal city, so renters near low-lying areas may want to confirm a specific property's flood zone status before signing a lease.