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Average Rent in 23451, Virginia Beach, VA

Home  »  VA  »  Virginia Beach  »  23451

Current Versus Historical 23451, Virginia Beach, VA Rents

23451 rentals average $1,538 for a 1-bedroom rental to $4,200 for a 4-bedroom rental. The median price of all currently available listings is $1,995, or roughly $2 per square feet.
For the apartment units and housing in May 2024, median rents have fallenover the last year. Studio rentals prices have decreased by $746 (-98.03%) year-over-year from $761 to $15. 1-bedroom rentals prices have decreased by $88 (-5.19%) year-over-year from $1,688 to $1,600. 2-bedroom rentals prices have decreased by $33 (-1.82%) year-over-year from $1,833 to $1,800. 3-bedroom rentals prices have increased by $191 (7.32%) year-over-year from $2,607 to $2,798. 4-bedroom rentals prices have decreased by $31 (-0.78%) year-over-year from $3,931 to $3,900. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone up by 13.92% this month. 1-bedroom rents have gone down by 6.24% this month. 2-bedroom rents have gone down by 3.14% this month. 3-bedroom rents have gone up by 2.38% this month. 4-bedroom rents have gone down by 0.00% this month.
Beds
Price / Sqft
 May 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $2.46 $1,600 $1,688 (-5.19%) $1,759 (-9.06%)
2 BR $1.79 $1,800 $1,833 (-1.82%) $1,398 (28.72%)
3 BR $1.53 $2,798 $2,607 (7.32%) $2,278 (22.83%)
4+ BR $1.53 $3,900 $3,931 (-0.78%) $3,516 (10.93%)

Historical Rents in 23451, Virginia Beach, VA

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 23451

There are a total of 4 cities nearby 23451. The average rent in 23451 is currently $1,800 per month. A total of 2 cities nearby have an average rent lower than that. Our records show that Portsmouth, VA, with an average rent of $1,450, is the most affordable city nearby. In contrast, the most expensive city near 23451, Virginia Beach, VA is Chesapeake, VA. Monthly rents here are on average $2,295 per month.

Let's compare 23451, Virginia Beach, VA's rent against other top cities nearby by bedroom size. One bedrooms are about 28.46% more expensive. Two bedrooms in 23451, Virginia Beach, VA are about 15.51% more expensive. Finally, rent for three bedrooms are about 23.03% more expensive. Want more information? Check out the top 4 cities near 23451, Virginia Beach, VA in the following chart.
City Studio 1 Bed 2 Bed All
Portsmouth, VA N/A $1,050 $1,238 $1,450
Norfolk, VA N/A $1,017 $1,300 $1,500
Virginia Beach, VA N/A $1,538 $1,738 $2,100
Chesapeake, VA N/A $1,150 $1,695 $2,295

Top Neighborhoods Near 23451



View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All

Top Counties Near 23451

Some of these counties include Portsmouth, VA, Norfolk, VA, and Virginia Beach, VA. The average rent for rentals in these counties is $1,799. That's roughly around $1 per sqft. A total of 2 counties have a lower average rent. The county that is the most affordable is Portsmouth, VA. It's average rent per month is $1,450. Vice versa, with an average rent of $2,295, Chesapeake, VA is the most expensive county by 23451, Virginia Beach, VA.

In comparison, rent for one bedroom listings in 23451, Virginia Beach, VA is 28.46% more expensive than other counties nearby. Finally, rent for two bedrooms in 23451, Virginia Beach, VA is 15.51% more expensive than other counties nearby. We've listed all of these counties in the chart below.
County Studio 1 Bed 2 Bed All
Portsmouth, VA N/A $1,050 $1,238 $1,450
Norfolk, VA N/A $1,034 $1,300 $1,500
Virginia Beach, VA N/A $1,538 $1,738 $2,098
Chesapeake, VA N/A $1,150 $1,695 $2,295

Top Zipcodes Near 23451

There is one zipcode in or near 23451, Virginia Beach, VA. The average rent for this zipcode is $1,350.

The following chart includes the zipcode in or near 23451, Virginia Beach, VA. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
23503, Norfolk, VA N/A $1,050 $1,325 $1,350

Frequently Asked Questions - 23451 Average Rents

What is the average rent price in 23451, Virginia Beach, VA?
The average monthly rental price for 23451, Virginia Beach, VA apartments for rent is approximately $1,995. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 23451, Virginia Beach, VA rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in 23451, Virginia Beach, VA.
How much is a studio apartment in 23451, Virginia Beach, VA?
The average monthly rental price for studio apartments is $0 and an average price per square feet of $0.00. There are a total of 0 studio apartment listings currently available for rent in 23451.
How much is a one bedroom apartment in 23451, Virginia Beach, VA?
The average monthly rental price for one bedroom apartments is $1,538 and an average price per square feet of $2.46. There are a total of 4 one bedroom apartment listings currently available for rent in 23451.
How much is a two bedroom apartment in 23451, Virginia Beach, VA?
The average monthly rental price for two bedroom apartments is $1,773 and an average price per square feet of $1.79. There are a total of 26 two bedroom apartment listings currently available for rent in 23451.
How have rent prices in 23451, Virginia Beach, VA changed this year?
Rent prices for rentals in 23451, Virginia Beach, VA can fluctuate yearly. Specifically, studio rental prices have changed by -0.98%, one bedroom rental prices have changed by -0.05%, two bedroom rental prices have changed by -0.02%, and three bedroom rental prices have changed by 0.07% year-over-year.
What is a reasonable rent price in 23451, Virginia Beach, VA?
A reasonable rent price in 23451, Virginia Beach, VA is around $1,596/month. You can search for these reasonably priced rental listings on RentHop.
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