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. Demand is strongly seasonal, concentrated in the summer months.
Across 125 active STR-viable listings analyzed this month, Virginia Beach shows a 3.8% median cap rate at a $625K median list price, 37% occupancy, and $373/night. That ranks #19 of 57 markets in STRROI's live ranking. At typical prices, cash flow is tight: most listings only pencil out with a large down payment, a below-list purchase, or above-market nightly rates.
Virginia Beach real estate market right now
As of October 17, 2026, STRROI is tracking 125 homes for sale in Virginia Beach that could run as short-term rentals, at a median list price of $625,000. The middle half are priced between $385K and $999K. That works out to a median of $360 per square foot for a typical 1,768 square foot home. Homes here have been on the market 53 days on average, shorter than the 101 days typical across the 56 markets in STRROI's ranking, so well-priced homes here tend to go quickly. 56 of them were listed in the last 30 days.
These numbers cover the homes for sale STRROI analyzes as potential short-term rentals in Virginia Beach, mainly ZIP 23451. They are not every home sale in the area, so they can differ from MLS-wide figures. Month-by-month price history starts Oct 2026 and fills in as the market is re-checked each month.
What's for sale in Virginia Beach right now
Of the 125 homes for sale we analyzed in Virginia Beach, 2 (2%) project positive monthly cash flow with 20% down at a 7.5% rate, and none rate Buy or better on STRROI's 1-10 scale. 3-bedroom homes are the most common (39 for sale, median $675K). They also post the best median cap rate of any bedroom count, 4.4%, against 2.7% for 5+ bedroom homes. By property type, multi-family lead at a 5.4% median cap rate across 10 listings.
- Watch: 8
- Weak: 58
- Avoid: 59
| Beds | For sale | Median price | Cap rate |
|---|---|---|---|
| 2 | 36 | $337K | 3.8% |
| 3 | 39 | $675K | 4.4% |
| 4 | 30 | $925K | 4.2% |
| 5+ | 18 | $2.4M | 2.7% |
| Type | For sale | Median price | Cap rate |
|---|---|---|---|
| Single-family homes | 41 | $1.6M | 2.8% |
| Condos | 41 | $419K | 3.9% |
| Townhouses | 33 | $460K | 4.7% |
| Multi-family | 10 | $775K | 5.4% |
Top-ranked homes for sale in Virginia Beach this month
Scored 1-10 against real Airbnb comps. Addresses, photos and the full underwriting are in the app.
- #1Watch · 5/103 bd · 3 ba condoZIP 23451 · listed at $375K
- Cap rate
- 7.0%
- Cash flow
- +$80/mo
- Nightly
- $373 at 37%
- #2Watch · 5/104 bd · 2 ba multi-family propertyZIP 23451 · listed at $575K
- Cap rate
- 6.7%
- Cash flow
- +$6/mo
- Nightly
- $263 at 37%
- #3Watch · 5/104 bd · 4 ba multi-family propertyZIP 23451 · listed at $600K
- Cap rate
- 6.2%
- Cash flow
- -$279/mo
- Nightly
- $259 at 37%
How Virginia Beach compares
Virginia Beach is the top-ranked of the 4 Mid-Atlantic markets in STRROI's live ranking, ahead of Outer Banks (3.4% cap rate). Its 3.8% cap rate is 0.9 points above the 2.9% median across all 57 ranked markets, and its $625K typical list price is close to the Mid-Atlantic median of $612K.
| Rank | Market | Cap rate | Typical price |
|---|---|---|---|
| #19 | Virginia Beach, VA | 3.8% | $625K |
| #24 | Outer Banks, NC | 3.4% | $635K |
| #32 | Ocean City, MD | 2.7% | $550K |
| #38 | Rehoboth Beach, DE | 2.4% | $600K |
Rank is national, by median cap rate across active STR-viable listings. Cash flow uses STRROI's default financing assumptions. See the full ranking
Estimated Annual Performance
* Estimates based on market averages. Individual property performance varies. Always run a full underwriting analysis.
Why Investors Choose Virginia Beach
Virginia Beach STR investing, answered
Is Virginia Beach, VA a good short-term rental market?
Virginia Beach is a Mid-Atlantic STR market with a 3.8% median cap rate, 37% annual occupancy, and $373/night across STR-viable listings, based on 125 active listings. It ranks #19 of 57 markets by median cap rate in STRROI's live ranking. This month none of its 125 homes for sale rate Buy or better.
What is the average Airbnb occupancy rate in Virginia Beach?
STR-viable properties in Virginia Beach average about 37% 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 $373/night and 37% occupancy, a typical Virginia Beach STR grosses roughly $49,693 per year before expenses, leaving an estimated $29,816 in net operating income. Across analyzed listings the median cap rate is 3.8%. Individual results depend on property, amenities, and management.
What types of properties work best for STR in Virginia Beach?
Among homes for sale right now, 3-bedroom homes post the strongest median cap rate by size (4.4%), and multi-family lead by property type (5.4%). With guests, the best-performing STR types here are Single Family, Condo, Townhouse, Duplex. Matching the local guest profile and the amenities that drive bookings matters more than raw square footage.
How many homes for sale in Virginia Beach cash flow as an Airbnb?
2 of 125 STR-viable listings (2%) project positive monthly cash flow after the mortgage, assuming 20% down at a 7.5% rate on a 30-year loan. The top-ranked listing this month is a 3-bedroom condo in ZIP 23451 listed at $375K, projecting a 7.0% cap rate and +$80 a month.
What is the median home price in Virginia Beach, VA right now?
The median list price of the 125 homes for sale STRROI tracks in Virginia Beach is $625,000, and the middle half are priced between $385K and $999K. The median price per square foot is $360. These are homes that could run as short-term rentals, mainly ZIP 23451, not every sale in the area. Against a 3.8% median cap rate, that price level sets the return baseline you'd underwrite against.
How long do homes stay on the market in Virginia Beach?
Homes for sale in Virginia Beach have been listed 53 days on average, shorter than the 101 days typical across the 56 markets in STRROI's ranking, so well-priced homes here tend to go quickly. 56 of them were listed in the last 30 days.
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 125 active listings · last updated Oct 17, 2026
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