Mid-Atlantic2.3% avg cap rateLive · 41 active listings

Virginia Beach, VA

Mid-Atlantic's largest beach city - accessible coastal STR

Virginia Beach offers 35 miles of Atlantic coastline and is the largest city by area in the eastern US. It serves DC, Richmond, and the Hampton Roads metro as the primary beach destination, creating reliable summer demand from a population base of 8+ million. Property prices are moderate relative to the Northeast and strong seasonality supports solid cap rates.

2.3%
Avg Cap Rate
Net operating income / price
34%
Avg Occupancy
Annual average
$505
Avg Nightly Rate
All property types
$2.2M
Avg List Price
STR-viable properties

41 active listings in Virginia Beach are analyzed and ranked right now

Scored 1-10 against real Airbnb comps. See which properties rank highest and why.

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Estimated Annual Performance

Gross rental revenue
34% occ × $505/night
$62,855
Est. operating expenses
Mgmt, cleaning, supplies, insurance (~40%)
- $25,142
Est. net operating income
Before mortgage & depreciation
$37,713
At $2.2M avg price
Implied cap rate
1.7%

* Estimates based on market averages. Individual property performance varies. Always run a full underwriting analysis.

Why Investors Choose Virginia Beach

Drive-to market for 8M+ DC and Hampton Roads residents
Military base economy provides year-round long-term rental fallback
Boardwalk and resort strip support high summer ADR
Lower entry prices than comparable Northeast beach markets
Peak season: Memorial Day - Labor Day
Top property types: Single Family, Condo, Townhouse, Duplex
Primary zip: 23451, 23454, 23455, 23456, 23462

Virginia Beach STR investing, answered

Is Virginia Beach, VA a good short-term rental market?

Virginia Beach is a Mid-Atlantic STR market averaging a 2.3% cap rate, 34% annual occupancy, and $505/night across STR-viable listings, based on 41 active listings. Virginia Beach offers 35 miles of Atlantic coastline and is the largest city by area in the eastern US. It serves DC, Richmond, and the Hampton Roads metro as the primary beach destination, creating reliable summer demand from a population base of 8+ million. Property prices are moderate relative to the Northeast and strong seasonality supports solid cap rates.

What is the average Airbnb occupancy rate in Virginia Beach?

STR-viable properties in Virginia Beach average about 34% occupancy across the year. Peak season is Memorial Day - Labor Day. Occupancy here reflects availability-adjusted booking performance, not raw calendar occupancy, so it represents what a full-time operated rental can realistically achieve.

How much do short-term rentals earn in Virginia Beach?

At $505/night and 34% occupancy, a typical Virginia Beach STR grosses roughly $62,855 per year before expenses, leaving an estimated $37,713 in net operating income against a $2.2M average price, an implied 1.7% cap rate. Individual results depend on property, amenities, and management.

What types of properties work best for STR in Virginia Beach?

The strongest-performing STR property types in Virginia Beach are Single Family, Condo, Townhouse, Duplex. Drive-to market for 8M+ DC and Hampton Roads residents. Matching the local guest profile and the amenities that drive bookings in this market matters more than raw square footage.

What is the median STR-viable home price in Virginia Beach?

STR-viable listings in Virginia Beach average around $2.2M. Primary STR ZIP codes include 23451, 23454, 23455. Combined with the market's 2.3% average cap rate, that price level sets the return baseline you'd underwrite against.

Market averages, not guarantees. Cap rates, occupancy, and nightly rates are market-wide averages based on active STR listings and historical data. Individual property performance depends on location, amenities, management, and listing quality. Always run a full underwriting analysis before purchasing.Stats sourced from 41 active listings · last updated Sep 1, 2026

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