How many Airbnb and VRBO listings are in Norfolk?

Over the 12 months ending September 2026, the Norfolk market averaged 3,032 active Airbnb and VRBO listings, down 14% from a year earlier.

How much do Airbnbs and VRBOs make in Norfolk?

An average Norfolk listing earns $49K/year. High-performing listings earn $101K, while low-performing listings earn $17K.

How much does it cost to buy an Airbnb or VRBO property in Norfolk?

Median Norfolk home prices by size are 1-bedroom $189K, 2-bedroom $238K, 3-bedroom $339K, and 4+ bedroom $438K.

What is the occupancy rate for Airbnb and VRBO in Norfolk?

Average occupancy in Norfolk is 39%, producing RevPAR of $109 per available night.

Are short-term rentals legal in Norfolk?

Rules vary across Norfolk. Norfolk: Moderate. Business license required, zoning restrictions apply. Some enforcement through complaints. Virginia Beach: Strict. Conditional use permit required, owner-occupancy mandatory for residential zones, 10% neighborhood density cap. Active enforcement with inspections and fines. Chesapeake: Lenient. Business license needed, basic zoning compliance. Light enforcement, complaint-driven. Newport News: Moderate. Business license and zoning approval required. Moderate enforcement through code compliance. Verify requirements for the property's jurisdiction.

Is the Norfolk Airbnb and VRBO market oversaturated?

The Norfolk Airbnb and VRBO market does not show clear signs of oversaturation. Supply has declined 14% year-over-year, while RevPAR has increased 43%, suggesting demand is outpacing available supply.

When is peak season for Airbnbs and VRBOs in Norfolk?

RevPAR is highest in July and June; it is lowest in January and February.

Which Airbnb and VRBO amenities matter most in Norfolk?

The most common amenities are Air Conditioning (100%), Internet (99%), TV (97%). The strongest positive revenue associations are Pool (+47%), Washing Machine (+47%), Gym (+26%).

What is the average nightly rate for Airbnbs and VRBOs in Norfolk?

Average daily rate in Norfolk is $309, up 19% year-over-year. Rates peak in July and are lowest in January.

How far in advance do guests book Airbnb and VRBO stays in Norfolk?

Guests in Norfolk book an average of 45 days in advance, up 24% from last year. Booking windows range from 40 days for 1-bedroom listings to 51 days for 4+ bedroom listings.

Which days of the week perform best for Airbnbs and VRBOs in Norfolk?

Booking demand is highest on Saturday and lowest on Tuesday. Nightly rates peak on Saturday and are lowest on Tuesday. Weekend occupancy is 44% higher than weekday occupancy.

How is gross yield calculated?

For each eligible home, annual room-revenue potential is divided by a ZIP- and bedroom-matched home-value estimate. Groups show the median of those yields. Cleaning income is excluded. Gross yield is before expenses and financing.

Norfolk, VA

Norfolk

Unlock the data for all Markets

Annual revenue (actual)

$50.9k

12 mo avg

↑10%

from prior 12 mo

Occupancy rate

44%

12 mo avg

↓2%

from prior 12 mo

Avg daily rate

$276

12 mo avg

↑15%

from prior 12 mo

Gross yield

12.9%

Current potential

↓0.3 pts

vs prior-year prices

Lead time

45 days

12 mo avg

↑9 days

from prior 12 mo

Revpar

$109

12 mo avg

↑20%

from prior 12 mo

See how Norfolk ranks among Virginia Airbnb markets by gross yield

Norfolk Airbnb market summary

Best Airbnb neighborhoods in the Norfolk, VA market

Compare 13 neighborhoods and nearby areas in the broader Norfolk, VA rental market. These areas are not limited to city boundaries. Each figure below is based on at least 20 qualifying listings; follow an area for occupancy, nightly rates and bedroom comparisons.

Ranked by median gross yield across eligible homes. Each home’s annual room-revenue potential is compared with its ZIP- and bedroom-matched value, before expenses.

Neighborhood	Revenue (potential)	Gross yield
1.Central & South Newport News	$39.2K 25 listings	17.6% 25 listings
2.West Portsmouth & Churchland	$41.3K 27 listings	17.3% 27 listings
3.North Hampton & Poquoson	$39.7K 49 listings	16.9% 49 listings
4.East Beach & Bayview	$51.3K 116 listings	16.4% 116 listings
5.Central Hampton & Coliseum	$44.1K 40 listings	15.9% 40 listings
6.North End Virginia Beach	$71.4K 117 listings	15.4% 117 listings
7.Chesapeake Bay & Bayside	$50.3K 33 listings	15.1% 33 listings
8.West Ocean View & Naval Station	$43.7K 163 listings	14.8% 163 listings
9.Downtown Portsmouth & Olde Towne	$29.5K 35 listings	14.6% 35 listings
10.South Portsmouth & Cradock	$36.2K 31 listings	14.5% 31 listings
11.Sandbridge & Back Bay	$70.8K 104 listings	14.4% 104 listings
12.Buckroe & Fox Hill	$39.0K 78 listings	13.7% 78 listings
13.Resort Beach & Oceanfront	$55.9K 425 listings	11.3% 425 listings

Data as of 2026-10-06

Revenue per listing by bedroom

Annual revenue per listing, broken down by bedroom count. Compare which property sizes perform best.

Bedroom count:

Short-term rental supply growth

Tracks how the number of active listings changes over time. Rising supply with flat revenue may indicate saturation.

Performance metrics by bedroom

Breakdown of revenue, property values, yields, supply, and cleaning fees for each bedroom type.

Bedrooms

Median revenue

Median home value

Gross yield

Supply

Cleaning fee

🔒 •••

🔒 $8•

🔒 •••

🔒 $8•

🔒 •••

🔒 $1••

🔒 •••

$177

🔒 •••

🔒 $2••

FiltersShow filters

Pin colors

≥$200K

$100K-$200K

$75K-$100K

<$75K