Virginia
With steady population growth driving high rental demand and rising rents in key markets, Virginia has become an attractive option for SFR investors looking for both strong cash flow and long-term appreciation. No matter if you’re pursuing an STR or LTR strategy, Virginia offers diverse markets to match your investment goals and maximize returns.
Major markets like Virginia Beach, Alexandria, and Richmond have all experienced significant increases in average SFR rents. Virginia Beach saw the largest jump with a 10.4% YoY increase, reaching an average of $2,451 per month. Alexandria followed closely with a 9.8% rise, bringing its average rent to $3,503 per month. Richmond saw a more moderate increase of 4.2% YoY, with average rents hitting $2,095 per month1.
Virginia Beach, Alexandria and other markets offer opportunities for both STRs and LTRs, but Richmond stands out, earning a spot on AirDNA’s “Best Places to Invest in Short-Term Rentals in 2025.” With an annual revenue potential of $44,104 and a gross yield of 10.9%2, Richmond provides consistent returns for investors. Its market stability supports both STR success and long-term property appreciation.
Note: Visio Lending provides Virginia investors with added asset protection and financial flexibility, as we require all borrowers in the state to invest through an LLC or corporate entity. With our expertise and streamlined process, we help you quickly capitalize on opportunities in this thriving market.
Sources:
1: Rentometer
2: AirDNA – Best Places to Invest in Short-Term Rentals in 2025
