What's a good cap rate in Virginia Beach?

In Virginia Beach, cap rates typically run around 6.0% (Virginia state median). A deal above that line is outperforming the local market; below it, you're paying up for appreciation or stability. TrueCap shows where any specific Virginia Beach deal lands versus this benchmark.

What's the average rent for a rental in Virginia Beach?

A typical rental in Virginia Beach runs about $1,600–$2,100/mo (estimate; varies by neighborhood, size, and condition). TrueCap auto-fills HUD Fair Market Rent for the exact address you enter.

What is the property tax rate in Virginia?

Virginia's effective property tax rate is about 0.82% of value per year — the figure TrueCap applies by default for Virginia Beach deals. You can override it with the exact local rate.

Virginia Beach, VA

Virginia Beach rental property analysis

Virginia Beach pairs military demand with a coastal-tourism economy and very low vacancy — Hampton Roads' largest, most stable submarket.

Virginia Beach market snapshot

Balanced market

Mid-range cap rates — cash flow and appreciation are both realistically on the table.

Typical cap rate

6.0%

Virginia state median

Typical rent

$1,600–$2,100/mo

est., SFR / small multi

Typical price

$330,000–$430,000

est., all-in

Property tax

0.82%

Virginia effective

Rent is HUD Fair Market Rent where available, otherwise a market estimate; price is a market estimate. Cap-rate and tax are the defaults TrueCap applies — enter a specific address for exact, auto-filled numbers.

Sources & methodology. These are screening defaults and market estimates — not an appraisal, and not financial, tax, or legal advice. Verify rents, taxes, insurance, and local landlord/tenant law against the county assessor and your state's landlord-tenant statute before relying on them.

Data: HUD Fair Market Rent · FRED 30-yr mortgage rate · Tax Foundation (property tax) · Updated June 2026

Metro-level estimates — precision is lower at the neighborhood and parcel level; pull a specific address for exact, auto-filled figures. Reviewed by the TrueCap team. See our full methodology.

Is Virginia Beach a good place to buy rentals?

Military and tourism demand keeps vacancy low; balanced cash flow with steady appreciation. Quote coastal insurance.

See the full Virginiainvesting guide — taxes, landlord law & top metros →

Neighborhoods to look at in Virginia Beach

Kempsville

Family renters, top schools, low vacancy.

Oceanfront-adjacent

STR + rental demand.

Neighborhood notes are starting points, not recommendations — always underwrite the specific property.

Run a Virginia Beach deal in 60 seconds

Paste a Virginia Beach address into TrueCap and get cap rate, cash-on-cash, DSCR, cash flow, and a 10-year projection — auto-filled with Virginia tax and HUD rent so you start from the right assumptions.

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