Norfolk Metro Report: October 2019

The Zumper Norfolk Metro Area Report analyzed active listings in September 2019 across 5 metro cities to show the most and least expensive cities and cities with the fastest growing rents. The Virginia one bedroom median rent was $1,277 last month.

Le plus cher

–Chesapeake was the most expensive city with one bedrooms priced at $1,090.

–Virginia Beach rent dropped 1.8% to $1,070 and ranked as the second priciest city.

–Hampton ranked as the third most expensive with rent growing 2.2% to $950.

Le moins cher

–Newport News ranked as the most affordable city with one bedrooms priced at $870.

–Norfolk was second with rent at $880.

La croissance la plus rapide (Y/Y%)

–Norfolk had the fastest growing rent, up 8.6% since this time last year.

–Hampton saw rent climb 8.0%, making it the second fastest growing.

–Newport News was third with rent growing 6.1%.

La croissance la plus rapide (M/M%)

–Chesapeake and Norfolk had the largest monthly rental growth rate, up 4.8%.

–Hampton rent jumped 2.2% last month, making it the second fastest growing.

À propos

The Zumper Norfolk Metro Area Report analyzed active listings that hit the market last month. Listings are aggregated by city to calculate median asking rents.

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