Richmond vs Virginia Beach: Housing
| Richmond | Virginia Beach | |
|---|---|---|
| Median Home Value | $353,000 | $382,500 |
| Median Gross Rent | $1,372/mo | $1,714/mo |
| Homeownership Rate | 43.5% | 65.1% |
| Rent as Share of Income | 25.5% | 22.1% |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.