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This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Great for
Features
| Central Air |
Appliances
| Dishwasher | In-Unit Laundry |
Community
| Fitness Center | Roof Type: Shingle |
Grounds
| Swimming Pool |
Other
| Heat Pump Heating |
One-time.
One-time. Refundable.

Property Status: Active Move-in ready 2nd -floor condo located in a desirable gated community! Enjoy a bright, open floor plan featuring a spacious living and dining area that flows seamlessly into the large kitchen with stainless steel appliances, ample cabinet space, and plenty of room for cooking and entertaining. Washer and dryer are included for added convenience. Relax and enjoy low-maintenance living while taking advantage of the community's outstanding amenities, including a swimming pool, clubhouse, and fitness center. Centrally located near the Virginia Beach Oceanfront, Oceana and Damneck military bases, major highways, shopping, dining, and entertainment. Whether you're commuting, enjoying a day at the beach, or exploring all Virginia Beach has to offer, this location can't be beat. A wonderful opportunity to enjoy comfortable in a secure, amenity-filled Community! Good Credit a Must! Copyright © 2026 Real Estate Information Network, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
How 500 Ocean Trace Arch, Virginia Beach, VA 23451, USA compares to other nearby properties.
Positives
| Neighborhood | Northeast Virginia Beach |
|---|---|
| Zip code | 23451 |
| Type | Condo for rent |
2-bedroom apartments at 500 Ocean Trace Arch #202 cost about 22% less than the average rent price for 2-bedroom apartments in Virginia Beach.
| Month | Median Rent |
|---|---|
| July 2024 | $1,705 |
| August 2024 | $1,699 |
| September 2024 | $1,782 |
| October 2024 | $1,795 |
| November 2024 | $1,792 |
| December 2024 | $1,782 |
| January 2025 | $1,805 |
| February 2025 | $1,833 |
| March 2025 | $1,792 |
| April 2025 | $1,764 |
| May 2025 | $1,799 |
| June 2025 | $1,799 |
| July 2025 | $1,798 |
| August 2025 | $1,797 |
| September 2025 | $1,795 |
| October 2025 | $1,797 |
| November 2025 | $1,799 |
| December 2025 | $1,808 |
| January 2026 | $1,838 |
| February 2026 | $1,838 |
| March 2026 | $1,850 |
| April 2026 | $1,885 |
| May 2026 | $1,909 |
| June 2026 | $1,909 |
| Month | Median Rent |
|---|---|
| July 2024 | $1,872 |
| August 2024 | $2,045 |
| September 2024 | $2,073 |
| October 2024 | $2,027 |
| November 2024 | $2,078 |
| December 2024 | $2,025 |
| January 2025 | $2,005 |
| February 2025 | $1,996 |
| March 2025 | $1,940 |
| April 2025 | $1,857 |
| May 2025 | $1,855 |
| June 2025 | $1,837 |
| July 2025 | $1,821 |
| August 2025 | $1,945 |
| September 2025 | $1,896 |
| October 2025 | $1,813 |
| November 2025 | $1,881 |
| December 2025 | $1,896 |
| January 2026 | $1,883 |
| February 2026 | $1,888 |
| March 2026 | $1,955 |
| April 2026 | $2,037 |
| May 2026 | $2,089 |
| June 2026 | $2,125 |
Can I afford to live at 500 Ocean Trace Arch #202?
Bedrooms
2 bedroomsRent-to-income ratio
30%
$66,000/yr
| Bath | |||||
|---|---|---|---|---|---|
| 4 months ago | $1,650 | 2 bed | 2 bath | ||
| 6 months ago | $1,600 | 2 bed | 2 bath | ||
| 1 year ago | $1,650 | 2 bed | 2 bath | ||
| 2 years ago | $1,550 | 2 bed | 2 bath | ||
| 3 years ago | $1,750 | 2 bed | 2 bath | ||
| 3 years ago | $1,425 | 2 bed | 2 bath | ||
| 3 years ago | $1,495 | 2 bed | 2 bath | ||
| 3 years ago | $1,500 | 2 bed | 2 bath | ||
| 3 years ago | $1,550 | 2 bed | 2 bath |
977 first colonial rd
virginia beach, VA, 23454
Northeast Virginia Beach | Virginia Beach, VA
Occupied
2 Beds
2 Baths
$1,100
Dishwasher • Air Conditioning • In-Unit Laundry • Hardwood Floor