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Best places to buy a rental property in Virginia

Ranked by the engine's tracked 5-year appreciation across 22 covered markets in Virginia, snapshot 2026-10-29. Appreciation history is context, not a forecast.
MarketHome value3y5y10yActive listings
Glen Allen$839,26230.1%33.8%60.5%-
Roanoke$361,82511.9%31.6%84.3%-
Henrico$331,6346.5%31.5%91.5%-
Newport News$306,69611.7%31.3%74.3%-
Portsmouth$252,76313.7%30.9%90.8%-
Richmond$425,3349.5%30.7%84.2%-
Harrisonburg$274,63410.1%29.2%82.2%-
Virginia Beach$542,33910.4%26.9%65.4%1,420
Chesapeake$448,02811.0%26.6%58.4%-
Hampton$309,4297.9%26.4%63.8%-

Full list: every tracked market in Virginia with 5-year appreciation data below.

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All figures are engine estimates from the LumosTerra tracked-data snapshot as of 2026-10-29. They are starting points, not recommendations - verify rents, comps and local rules before acting on any of them.

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