Norfolk vs Virginia Beach: Housing
| Norfolk | Virginia Beach | |
|---|---|---|
| Median Home Value | $289,900 | $382,500 |
| Median Gross Rent | $1,321/mo | $1,714/mo |
| Homeownership Rate | 46.3% | 65.1% |
| Rent as Share of Income | 24.0% | 22.1% |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.