City Analysis/Comparison

Fredericksburg vs Virginia Beach

Side-by-side rent vs buy analysis comparing these two markets

Overall Comparison

Virginia Beach has an edge

Virginia Beach currently favors renting, with better rent-to-price dynamics.

Fredericksburg, VA
RENT

100% confidence

Median Home Price

$454,879.61

Median RentTIE

$2,014.53/mo

Price-to-Rent Ratio

18.8

Property Tax RateTIE

0.82%

Price Change (1Y)

+0.3%

Price Change (5Y)

+1.3%

Break-Even YearsTIE

N/A

10-Year Wealth Difference

$303,986

Virginia Beach, VA
RENT

100% confidence

Median Home PriceBETTER

$411,608.02

Median RentTIE

$1,998.57/mo

Price-to-Rent RatioBETTER

17.2

Property Tax RateTIE

0.82%

Price Change (1Y)BETTER

+2.1%

Price Change (5Y)BETTER

+10.3%

Break-Even YearsTIE

N/A

10-Year Wealth DifferenceBETTER

$182,181

Key Differences

Home Prices

Fredericksburg's median home price of $454,879.61 is higher than Virginia Beach's $411,608.02 by 11%.

Monthly Rent

Renting in Fredericksburg costs $2,014.53/mo compared to $1,998.57/mo in Virginia Beach—a difference of $15.96/mo.

Buy vs Rent Verdict

Both cities currently favor renting.

Break-Even Timeline

Break-even analysis varies based on market conditions in each city.

Run Your Own Numbers

This comparison uses median values. Your income, savings, and goals matter. Use our Buy vs Rent calculator to get a personalized analysis.

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