Latest available · Census ACS 5-Year (2024)
What Is the Average Rent in Suffolk city, Virginia?
City · Census ACS 5-Year estimates
The median gross rent in Suffolk city, Virginia is $1,563/month (±$58), based on Census ACS 5-Year estimates (2024). The median home value is $347,400 (±$5,812), and the median household income is $92,666/year. Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.
Housing Metrics for Suffolk city, Virginia
| Metric | Value |
|---|---|
| Median Gross Rent | $1,563 |
| Median Home Value | $347,400 |
| Median Household Income | $92,666 |
| Total Housing Units | 37,908 |
| Renter-Occupied Units | 11,092 |
| Renter-Occupied Share | 29% |
| Households Paying 50%+ Income | 3,077 households |
Median Rent by Bedroom Count
| Bedroom | Median Rent | YoY |
|---|---|---|
| Studio | $1,508 | +0.0% |
| 1 BR | $1,588 | +0.0% |
| 2 BR | $1,427 | +0.0% |
| 3 BR | $1,561 | +0.0% |
| 4 BR | $1,953 | +0.0% |
| 5+ BR | $3,108 | +0.0% |
How does Suffolk city, Virginia compare?
Median gross rent ranked against all cities in Virginia.
Higher rent than 65% of cities in Virginia · 166th of 470
| # | City | Value |
|---|---|---|
| 1 | Great Falls CDP | $3,501 |
| 1 | South Run CDP | $3,501 |
| 1 | Wakefield CDP | $3,501 |
| … 162 more … | ||
| 166 | Suffolk city(you are here) | $1,563 |
| … 301 more … | ||
| 468 | St. Paul town | $460 |
| 469 | Fries town | $333 |
| 470 | Lovingston CDP | $232 |
More data for Suffolk city, Virginia
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Frequently asked questions
What is the average rent in Suffolk city, Virginia?
The median gross rent in Suffolk city, Virginia is $1,563/month, based on Census ACS 5-Year estimates (2024). Gross rent includes contract rent plus utilities. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the average rent for a 2-bedroom in Suffolk city, Virginia?
The median rent for a 2-bedroom in Suffolk city, Virginia is $1,427/month based on Census ACS 5-Year estimates (2024). Margin of error: ±$79. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the median home value in Suffolk city, Virginia?
The median home value in Suffolk city, Virginia is $347,400 according to Census ACS 5-Year estimates (2024).
What percentage of renters in Suffolk city are rent-burdened?
In Suffolk city, Virginia, 3,077 households pay 50% or more of their income for rent. A household is considered rent-burdened when it spends more than 30% of income on housing costs.
What is the median household income in Suffolk city, Virginia?
The median household income in Suffolk city, Virginia is $92,666/year according to Census ACS 5-Year estimates (2024).
How reliable is Census ACS data for small areas?
The ACS 5-Year estimates combine 60 months of data for more reliable figures in smaller geographies. Each estimate has a margin of error (MOE). For example, the median rent of $1,563 has a margin of error of ±$58. In very small areas, MOEs can be large relative to the estimate.
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