Airbnb Rules and Regulations in Newport News, Virginia

As of 2024, the City of Newport News has implemented comprehensive regulations for short-term rentals. All hosts must obtain an annual permit and comply with strict safety requirements, such as installing smoke detectors, carbon monoxide alarms, and fire extinguishers. Properties are subject to periodic inspections to ensure compliance with building and zoning codes. Hosts must maintain liability insurance and inform guests about local laws and emergency contacts.

To address concerns about noise and parking, the city has established strict occupancy limits based on the property's size and zoning district. Additionally, short-term rentals are prohibited in certain residential areas to preserve the character of neighborhoods. Hosts are required to collect and remit a 7% transient occupancy tax on all bookings. Failure to comply with these regulations may result in fines, permit revocation, or legal action. The city has established a dedicated hotline for neighbors to report issues with short-term rentals, and enforcement efforts have been bolstered to ensure a fair and safe rental market for both hosts and guests.

Newport News Airbnb Market Data:

• Average Revenue – $32.6K per year
• Average Daily Rate – $182 per night
• Average Occupancy Rate – 49%
• Average RevPAR – $88.6
• Average Home Prices – $268,746

1. Top Place to Invest in Newport News, Virginia - Hidenwood

Nestled in the heart of Newport News, Hidenwood is a tranquil neighborhood that offers a unique blend of natural beauty and convenient access to the city's amenities. This well-established community has become an increasingly attractive destination for those aspiring to start an Airbnb business with strong investment potential.

Hidenwood Airbnb Market Data:

• Average Revenue – $39.7K per year
• Average Daily Rate – $221.9 per night
• Average Occupancy Rate – 49%
• Average RevPAR – $106.1

Convenience - 8/10

Hidenwood boasts an excellent location, with easy access to major highways like I-64 and I-664, making it a convenient base for exploring the Hampton Roads region. The neighborhood is just a short drive from downtown Newport News, offering a wide range of dining, shopping, and entertainment options. Additionally, Hidenwood is in close proximity to several grocery stores, pharmacies, and other essential services.

Tourist Attractions - 5/10

While Hidenwood itself may not be a major tourist destination, its proximity to various attractions in Newport News and the surrounding areas makes it an ideal starting point for visitors. The Mariners' Museum and Park, a world-renowned maritime museum, is just a short drive away. Other nearby attractions include the Virginia Living Museum, the U.S. Army Transportation Museum, and the historic Hilton Village.

Things to Do - 7/10

Hidenwood offers a peaceful and serene environment, perfect for outdoor enthusiasts. The neighborhood is surrounded by lush greenery and walking trails, providing ample hiking, biking, and nature exploration opportunities. Additionally, Hidenwood is home to several community parks and recreational facilities, including playgrounds and sports courts. Nearby, residents and visitors can enjoy a variety of dining and shopping options, as well as cultural events and festivals throughout the year.

Average Home Prices - 7/10

According to Zillow, the median home value in Hidenwood was $284,950 in 2024, representing a 10.4% appreciation rate over the past year. While prices in this desirable neighborhood are higher than in some other areas of Newport News, Hidenwood still offers relatively affordable options compared to other suburban communities in the region.

Proximity to Work-Related Travel - 7/10

Hidenwood's central location puts it within a reasonable distance of several major employers and work-related destinations. The neighborhood is just a short drive from the Newport News/Williamsburg International Airport and several hospitals and medical facilities. The Hampton Roads Convention Center and the Virginia Air and Space Center are also easily accessible from Hidenwood, making it a convenient option for business travelers and visiting professionals.

X-Factor - 8/10

Hidenwood's unique blend of natural beauty and suburban convenience sets it apart. The neighborhood's tree-lined streets and well-maintained homes create a peaceful and inviting atmosphere, while its proximity to major highways and amenities ensures easy access to the city's offerings. Additionally, Hidenwood's strong sense of community and family-friendly environment make it an attractive option for visitors seeking a comfortable and welcoming stay.

2. Top Place to Invest in Newport News, Virginia - Menchville

Menchville, a vibrant and diverse neighborhood in the heart of Newport News, has emerged as an attractive destination for Airbnb and short-term rental investors. With its convenient location, affordable housing options, and proximity to local amenities, Menchville offers a compelling investment opportunity for those looking to capitalize on the city's growing popularity.

Menchville Airbnb Market Data:

• Average Revenue – $34.7K per year
• Average Daily Rate – $198.1 per night
• Average Occupancy Rate – 48%
• Average RevPAR – $95.5

Convenience - 8/10

Menchville's central location makes it easily accessible from various parts of the city and beyond. The neighborhood is well-served by public transportation, with several Hampton Roads Transit (HRT) bus routes passing through the area. Additionally, Menchville is just a short drive from major highways, such as I-64 and I-664, providing easy access to other parts of the region.

Tourist Attractions - 6/10

While Menchville itself may not boast many traditional tourist attractions, its proximity to various attractions in Newport News and the surrounding areas makes it an interesting destination for visitors. The Virginia Living Museum, a renowned natural history museum, is just a short drive away. Other nearby attractions include the U.S. Army Transportation Museum, the Mariners' Museum, and the historic Hilton Village.

Things to Do - 7/10

Menchville is a lively and dynamic neighborhood offering a range of dining, shopping, and entertainment options. The area is home to a diverse array of restaurants, ranging from casual eateries to authentic ethnic cuisine that'll surely delight a traveling foodie. Menchville also features several local shops, boutiques, and galleries, providing visitors with a unique shopping experience. The neighborhood hosts various community events throughout the year, such as the Menchville Farmers Market and cultural festivals.

Average Home Prices - 8/10

According to Zillow, the median home value in Menchville was $225,000 in 2024, representing a modest 3.2% appreciation rate over the past year. The affordable prices in this neighborhood make it an attractive option for investors looking to enter the real estate market with a relatively low initial investment.

Proximity to Work-Related Travel - 7/10

Menchville's central location puts it within a reasonable distance of several major employers and work-related destinations. The neighborhood is just a short drive from the Newport News/Williamsburg International Airport and several hospitals and medical facilities. The Hampton Roads Convention Center and the Virginia Air and Space Center are also easily accessible from Menchville, making it a convenient option for business travelers and visiting professionals.

X-Factor - 8/10

What sets Menchville apart is its unique blend of cultural diversity, affordability, and community spirit. The neighborhood's rich history and vibrant cultural traditions create a dynamic and welcoming atmosphere that draws in visitors and residents alike. At the same time, Menchville's affordable housing options and proximity to local amenities make it an attractive investment opportunity for Airbnb and STR investors seeking long-term growth potential.

3. Top Place to Invest in Newport News, Virginia - Hilton Village

Hilton Village, a historic and charming neighborhood in Newport News, has emerged as a prime destination for Airbnb and short-term rental investors. This meticulously planned community, built in the early 20th century, offers a unique blend of architectural beauty, cultural richness, and a vibrant atmosphere that attracts visitors from near and far.

Hilton Village Airbnb Market Data:

• Average Revenue – $30.1K per year
• Average Daily Rate – $152.9 per night
• Average Occupancy Rate – 54%
• Average RevPAR – $81

Convenience - 8/10

Situated in the heart of Newport News, Hilton Village boasts excellent accessibility. The neighborhood is just a short drive from major highways like I-64 and I-664, making it a convenient base for exploring the Hampton Roads region. Additionally, Hilton Village is within walking distance of several restaurants, shops, and local businesses, providing visitors with a wealth of amenities right at their doorstep.

Tourist Attractions - 8/10

Hilton Village itself is a historic landmark, recognized for its pioneering urban planning and English-village-style architecture. The neighborhood's quaint streets, lined with charming homes and storefronts, create a captivating atmosphere that transports visitors back in time. Nearby attractions, such as the Mariners' Museum and the Virginia Living Museum, offer additional cultural and educational experiences for those interested in exploring the area's rich history and natural heritage.

Things to Do - 9/10

Hilton Village is a vibrant and lively community, offering diverse dining, shopping, and entertainment options. Visitors can indulge in local cuisine, browse unique boutiques and galleries, or catch a performance at the community theater. The neighborhood hosts various local festivals and events throughout the year, such as the Hilton Village Art Walk and the Hilton Village Centennial Grand Celebration, providing ample opportunities for immersive cultural experiences.

Average Home Prices - 7/10

According to Zillow, the median home value in Hilton Village was $315,000 in 2024, representing a 4.2% appreciation rate over the past year. While prices in this historic neighborhood are higher than some other areas of Newport News, Hilton Village still offers relatively affordable options compared to other historic districts in the region. This combination of affordability and growth potential makes it an excellent location to purchase a home and transform it into an Airbnb.

Proximity to Work-Related Travel - 7/10

Hilton Village's central location puts it within a reasonable distance of several major employers and work-related destinations. The neighborhood is just a short drive from the Newport News/Williamsburg International Airport and several hospitals and medical facilities. The Hampton Roads Convention Center and the Virginia Air and Space Center are also easily accessible from Hilton Village, making it a convenient option for business travelers and visiting professionals.

X-Factor - 9/10

Its unique blend of history, charm, and community spirit sets Hilton Village apart. The neighborhood's meticulously preserved architecture, dating back to the early 20th century, creates a captivating atmosphere that draws in visitors and residents alike. Hilton Village's strong sense of community, fostered by its pedestrian-friendly design and vibrant local businesses, also creates a welcoming and inviting environment for visitors.

4. Top Place to Invest in Newport News, Virginia - Marshall

Marshall, a vibrant and diverse neighborhood in the heart of Newport News, has emerged as an attractive destination for Airbnb and short-term rental investors. With its convenient location, affordable housing options, and proximity to local amenities, Marshall offers a compelling investment opportunity for those looking to capitalize on the city's growing popularity.

Marshall Airbnb Market Data:

• Average Revenue – $27.6K per year
• Average Daily Rate – $176 per night
• Average Occupancy Rate – 43%
• Average RevPAR – $76.1

Convenience - 7/10

Marshall's central location makes it easily accessible from various parts of the city and beyond. The neighborhood is well-served by public transportation, with several Hampton Roads Transit (HRT) bus routes passing through the area. Additionally, Marshall is just a short drive from major highways, such as I-64 and I-664, providing easy access to other parts of the region.

Tourist Attractions - 5/10

While Marshall itself may not boast many traditional tourist attractions, its proximity to various attractions in Newport News and the surrounding areas makes it an interesting destination for visitors. The Virginia Living Museum, a renowned natural history museum, is just a short drive away. Other nearby attractions include the U.S. Army Transportation Museum, the Mariners' Museum, and the historic Hilton Village.

Things to Do - 7/10

Marshall is a lively and dynamic neighborhood, offering a range of dining, shopping, and entertainment options. The area is home to a diverse array of restaurants, ranging from casual eateries to authentic ethnic cuisine. Marshall also features several local shops, boutiques, and galleries, providing visitors with a unique shopping experience. The neighborhood hosts various community events throughout the year, such as the Marshall Farmers Market and cultural festivals.

Average Home Prices - 8/10

According to Zillow, the median home value in Marshall was $215,000 in 2024, representing a modest 3.1% appreciation rate over the past year. The affordable prices in this neighborhood make it an attractive option for Airbnb and STR investors looking to enter the market with a relatively low initial investment. This combination of affordability and growth potential makes Marshall a promising prospect for those seeking long-term investment opportunities.

Proximity to Work-Related Travel - 7/10

Marshall's central location puts it within a reasonable distance of several major employers and work-related destinations. The neighborhood is just a short drive from the Newport News/Williamsburg International Airport and several hospitals and medical facilities. The Hampton Roads Convention Center and the Virginia Air and Space Center are also easily accessible from Marshall, making it a convenient option for business travelers and visiting professionals.

X-Factor - 7/10

What sets Marshall apart is its unique blend of cultural diversity, affordability, and community spirit. The neighborhood's rich history and vibrant cultural traditions create a dynamic and welcoming atmosphere that draws in visitors and residents alike. At the same time, Marshall's affordable housing options and proximity to local amenities make it an attractive investment opportunity for Airbnb and STR investors seeking long-term growth potential.

5. Top Place to Invest in Newport News, Virginia - Carver

Carver, a historic and culturally rich neighborhood in Newport News, has emerged as an intriguing destination for investors. With its unique blend of architectural charm, vibrant community spirit, and proximity to local amenities, Carver offers a compelling investment opportunity for those seeking to start a short-term rental and tap into the city's growing tourism market.

Carver Airbnb Market Data:

• Average Revenue – $34.6K per year
• Average Daily Rate – $201.8 per night
• Average Occupancy Rate – 47%
• Average RevPAR – $92.2

Convenience - 7/10

Carver's central location makes it easily accessible from various parts of the city and beyond. The neighborhood is well-served by public transportation, with several Hampton Roads Transit (HRT) bus routes passing through the area. Additionally, Carver is just a short drive from major highways, such as I-64 and I-664, providing easy access to other parts of the region.

Tourist Attractions - 6/10

While Carver itself may not boast many traditional tourist attractions, its rich history and cultural heritage make it an interesting destination for visitors. The neighborhood is home to several historic landmarks, such as the Carver Memorial Presbyterian Church and the Carver Gardens, which offer a glimpse into Newport News' past. Carver is also known for its vibrant community events and festivals, celebrating the area's diverse cultural traditions.

Things to Do - 7/10

Carver is a lively and dynamic neighborhood, offering a range of dining, shopping, and entertainment options. The area is home to a diverse array of restaurants, ranging from casual eateries to authentic ethnic cuisine. Carver also features several local shops, boutiques, and galleries, providing visitors with a unique shopping experience. The neighborhood hosts various community events throughout the year, such as the Carver Farmers Market and cultural festivals.

Average Home Prices - 8/10

According to Zillow, the median home value in Carver was $195,000 in 2024, representing a modest 2.9% appreciation rate over the past year. The affordable prices in this neighborhood make it an attractive option for Airbnb and STR investors looking to enter the market with a relatively low initial investment. This combination of affordability and growth potential makes Carver a promising prospect for those seeking long-term investment opportunities.

Proximity to Work-Related Travel - 7/10

Carver's central location puts it within a reasonable distance of several major employers and work-related destinations. The neighborhood is just a short drive from the Newport News/Williamsburg International Airport and several hospitals and medical facilities. The Hampton Roads Convention Center and the Virginia Air and Space Center are also easily accessible from Carver, making it a convenient option for business travelers and visiting professionals.

X-Factor - 8/10

Its unique blend of cultural richness, affordability, and community spirit sets Carver apart. The neighborhood's historic architecture and vibrant cultural traditions create a dynamic and welcoming atmosphere that draws in visitors and residents alike. At the same time, Carver's affordable housing options and proximity to local amenities make it an attractive investment opportunity for Airbnb and STR investors seeking long-term growth potential.