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