City Report · VA

Suffolk

Pop. 98,796·50th most expensive in Virginia·Suffolk rents are up 10.8% over the past year
Median rent (all units)
$1,993/mo
Year-over-Year
+10.8%
Month-over-Month
+4.0%
vs US Median
+$28
Rising (Monthly)
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Most AffordableMost Expensive
Suffolk · $1,993
More expensive than 59% of US cities · National median $1,965/mo
Rent Reality Score
35/100
Overpriced
OverheatedFairGreat value

Rents are 8% above what Suffolk's 10-year trend predicts — running hotter than its own history.

Actual rent
$1,993/mo
Expected by trend
$1,850/mo
The Rent Reality Score compares today's median rent to where Suffolk's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,635
1 BR
$1,645
2 BR
$1,880
3 BR
$2,615
4 BR+
$3,115
Research median
$1,880/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$23,916/yr
At $1,993/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 10.8% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+10.8% YoY, +4.0% MoM), not inventory.
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Demographics

Who lives here

Suffolk, VA is majority owner-occupied, has a median income above the national average, 33.3% of residents hold a bachelor's degree or higher.

Population
98,796
Median income
$92,666
Median age
38.7
Renters
29.3%
Age distribution
23.6%
21.3%
26.3%
13.5%
15.3%
Under 1823.6%
18–3421.3%
35–5426.3%
55–6413.5%
65+15.3%
Gender
48.6%
51.4%
Male48.6%
Female51.4%
Race & ethnicity
46.5%
42%
White46.5%
Black42%
Hispanic5.2%
Asian1.9%
Other4.4%
Education (25+)
25.2%
32.7%
33.3%
No HS diploma8.8%
HS diploma25.2%
Some college32.7%
Bachelor's+33.3%
Housing tenure
70.7%
29.3%
Owner70.7%
Renter29.3%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Suffolk, VA has changed in 5 years

Rent
$1,314 → $1,993
up 51.7%
Income
$81,883 → $92,666
up 13.2%
Population
93,268 → 98,796
up 5.9%
Renter share
30.3% → 29.3%
-1.0 pts
Bachelor's+
31% → 33.3%
+2.3 pts
Median age
38.2 → 38.7
+0.5 yrs

Across the past five years, the going rent in Suffolk, VA has shifted from $1,314 to $1,993, up 51.7% since 2021. On the earnings side, the typical household in Suffolk, VA now reports about $92,666, up from $81,883 in 2021. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show Suffolk, VA adding about 5,528 residents over the five-year window, up 5.9% on net. Bachelor's-degree-or-higher attainment moved from 31% to 33.3% across the same window. For context, the 2021 to 2026 window covers an unusually volatile run for US rents nationally, and Suffolk, VA reflects that arc in its own way.

Community

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View Suffolk rent history (2015–2026) →
Salary vs rent

Can you afford rent in Suffolk on your salary?

At $1,993/mo, how Suffolk rent compares to typical pay (30% rule).

By apartment size

Suffolk rent by bedroom count

Median rent for each apartment size in Suffolk. Click any size for full breakdown.

Local insights

Tips for renters in Suffolk

About renting in Suffolk, VA

Last updated: July 20, 2026

The median rent in Suffolk is $1,993/mo as of July 2026. A studio apartment averages $1,635/mo while a 2-bedroom runs $1,880/mo. One-bedroom apartments average $1,645/mo and 3-bedroom units go for $2,615/mo.

At 26% of local median household income ($92,666/yr), Suffolk ranks as affordable compared to the national benchmark of 30%. Rents have increased 10.8% over the past year.

FAQ

Frequently asked questions

Is Suffolk an affordable city for renters?

Suffolk is considered affordable for renters. At $1,993/mo, rent takes approximately 26% of the local median household income ($92,666/yr). The standard benchmark is 30%. Suffolk falls comfortably within that range.

How much income do you need to rent in Suffolk?

To keep rent at or below 30% of gross income, you would need to earn at least $80,000/year (~$38/hour full-time) to afford the median rent of $1,993/mo in Suffolk. The local median household income is $92,666/yr, meaning the typical Suffolk household meets that threshold.

Is rent going up or down in Suffolk?

Rent in Suffolk has increased 10.8% over the past year as of July 2026, putting upward pressure on renter budgets.

Which Suffolk neighborhoods have the lowest rent?

The most affordable ZIP codes in Suffolk are 23434 ($1,805/mo), and 23435 ($2,205/mo). Citywide, the median rent in Suffolk is $1,993/mo.

How does Suffolk rent compare to other cities in Virginia?

Suffolk is middle-of-the-pack for Virginia for rent, ranking #50 out of 83 tracked cities at $1,993/mo.

Which nearby cities are cheaper to rent in than Suffolk?

Several nearby cities have lower median rents than Suffolk ($1,993/mo): Portsmouth ($1,617/mo), Norfolk ($1,752/mo), Carrollton ($1,825/mo).

What percentage of Suffolk residents rent vs. own?

According to Census data, approximately 29.3% of Suffolk households are renters, while 70.7% are owner-occupied. Suffolk leans toward homeownership, which can mean a smaller rental inventory.

How does Suffolk rent compare to the national average?

Suffolk's median rent of $1,993/mo is $28 (1%) above the US national median of $1,965/mo. Within Virginia, it ranks #50 out of 83 tracked cities.
Income Affordability
26%
AFFORDABLE

At $1,993/mo, rent takes ~26% of Suffolk's median household income ($92,666/yr). The standard benchmark is 30%.

Suffolk 26%Benchmark 30%
State income tax2–5.75%
Run the Suffolk affordability calculator →
Lowest-rent ZIP codes in Suffolk
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Suffolk, VA

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