Airbnb Market Analytics & Investment Insights
Annual Revenue
$27,812
Based on 604 full time Airbnb rentals
Average Daily Rate
$166
Gross Yield
Disclaimer
This page and the data presented are for informational purposes only. The information provided should not be construed as financial, legal, or investment advice. Market conditions can change rapidly, and past performance does not guarantee future results. Always consult with qualified professionals before making investment decisions.
9.20%
Occupancy Rate
54%
Yes — operating a short-term rental in Norfolk, VA can be highly profitable. Norfolk, VA Airbnb listings sees consistent guest demand, with Airbnb hosts earning an average annual revenue of $27,812 and achieving a 54% occupancy rate. With around 604 active vacation rentals on the market, Norfolk, VA offers strong opportunity for investors while still avoiding the oversaturation seen in some larger U.S. cities.
According to Zillow's Home Value Index Methodology, homes in Norfolk, VA have appreciated by 0.42% over the last year.
As of November 2025, the Zillow Home Value Index shows a typical home value of $302,207 in Norfolk, VA.
There are 604 active short-term rentals, with an average daily rate of $166, resulting in an approximate annual revenue of $27,812 per property.
From the occupancy rate standpoint and demand data, July, August, and June are the top performing months in Norfolk. The occupancy rate in July is 69% and average daily rate is $229. The occupancy rate in August is 64% and average daily rate is $221. The occupancy rate in June is 64% and average daily rate is $205.
Norfolk, VA is considered Investor-Friendly for short-term investments. See Norfolk, VA Rental Regulations for more information.
Get matched with top Norfolk, VA realtors who specialize in short-term rentals — they know which neighborhoods actually cash flow and which to avoid.
Explore ADR trends by bedroom count and monthly seasonality
ADR comparison across different property sizes in Norfolk, VA
$166
Seasonal ADR fluctuations throughout the year in Norfolk, VA
$205
The Average Daily Rate (ADR) in Norfolk, VA varies from $205 in low season to $278 during peak months, with an annual average of $205.
Peak ADR: typically in January, February, averaging $278 per night.
Shoulder season: ADR around $228 maintains solid RevPAR with high occupancy.
Low months: ADR drops to $205, offering new investors a cost-effective entry point.
Dynamic pricing 30–45 days before peak months helps capture high-value early bookings.
Explore occupancy trends by bedroom count and monthly seasonality
Occupancy comparison across different property sizes in Norfolk, VA
54%
Seasonal occupancy fluctuations throughout the year in Norfolk, VA
52%
Norfolk, VA's short-term rental market shows strong year-round demand with clear seasonal peaks. In 2025, average monthly occupancy ranged from 38% in February to 69% in July, with an annual average of 52%.
The Monthly Occupancy Rate chart shows:
Summer (June–August): occupancy averages 66%, fueled by tourism and family travel.
Winter (Dec–Feb): occupancy dips to around 39%, ideal for mid-term rentals or maintenance downtime.
Spring/Fall: steady 49% with balanced supply and demand.
Revenue trends reflecting occupancy and ADR patterns throughout the year
Revenue per active listing by month in Norfolk, VA
$2,937
Revenue directly reflects occupancy × ADR patterns:
High season: hosts earn $3,792– $4,156/month.
Shoulder months: typically $3,122/month.
Low months: about $2,852/month, but extended stays often smooth cash flow.
Across 2025, the average annual Airbnb revenue per active listing in Norfolk, VA was $35,244, supported by an average occupancy of 50% and ADR of $232.
Seasonal performance comparison across occupancy, ADR, and monthly revenue
| Season | Avg. Occupancy | Avg. ADR | Avg. Monthly Revenue |
|---|---|---|---|
| Summer (Jun–Aug) | 66% | $218 | $3,918 |
| Fall (Sep–Nov) | 46% | $216 | $2,863 |
| Winter (Dec–Feb) | 39% | $263 | $2,879 |
| Spring (Mar–May) | 51% | $231 | $3,255 |
Get matched with top Norfolk, VA lenders who specialize in short-term rental financing — they understand STR underwriting and offer competitive rates for investment properties.
Active Short-Term Rentals
604
Before setting up an Airbnb in Norfolk, VA, it's essential to review the city's short-term rental regulations. Platforms like Airbnb and Vrbo are popular inNorfolk, VA, but hosts should understand how local policies may apply to their property.
Overall, Norfolk, VA's regulations are considered relatively host-friendly, though certain neighborhoods may be subject to zoning restrictions. In some cases, property owners may need to register their rental with the city and comply with limits on the number of permits a single host can hold. Additionally, short-term rental operators are required to pay local lodging and Airbnb-related taxes to remain compliant.
For a complete breakdown, visit our guide to Airbnb laws in Norfolk, VA
Short-term rentals in Norfolk, VA offer an average gross yield of 9.20%, with a typical property tax of 1.02%—source: SmartAsset Property Tax Calculator.
The median household income in Norfolk, VA is $61,098.
The occupancy rate for Airbnb rentals in Norfolk, VA is 54%, which is lower than the average occupancy rate for the United States of 54%.
The most popular type is 1-bedroom with an average daily rate of $106 and an average yearly revenue of $19,972.
Unemployment in Norfolk, VA is 4.2%, which is higher than the U.S. average of 4.1%.
Discover the leading hosts in Norfolk, VA ranked by guest ratings and active listings. These hosts combine scale with exceptional guest satisfaction, setting the benchmark for success.
Norfolk Cottages leads the market with 182 active listings and maintains an exceptional 4.66 average guest rating.
Cottages,Com leads the market with 143 active listings and maintains an exceptional 4.79 average guest rating.
Norfolk Hideaways leads the market with 95 active listings and maintains an exceptional 4.83 average guest rating.
These top performers serve as benchmarks for what drives success in Norfolk, VA's competitive short-term rental scene. Their strategies combine operational efficiency with outstanding guest experiences, making them the gold standard for aspiring hosts and property managers in the area.
10 hosts available
Keep your Norfolk, VA Airbnb guest-ready with trusted cleaning professionals — connect with vetted cleaners through our partner Turno.
Norfolk, VA is a popular destination for travelers, with Airbnb demand coming from cities like England (6.89% of all guests), London (3.21% of all guests), and Norfolk (2.08% of all guests).
The average booking lead time for short-term rentals in Norfolk, VA is 47 days.
The top short-term rental hosts in Norfolk, VA include Norfolk Cottages, Cottages,Com and Norfolk Hideaways. These hosts have an average rating of 4.66, 4.79 and 4.83 respectively.
| Bedrooms | Listings | Occupancy | Average Daily Rate | Annual Revenue |
|---|---|---|---|---|
| Studio | 4 | 63% | $109 | $25,172 |
| 1 Bedroom | 222 | 51% | $106 | $19,914 |
| 2 Bedroom | 188 | 48% | $176 | $30,675 |
| 3 Bedroom | 151 | 53% | $288 | $55,482 |
| 4 Bedroom | 77 | 53% | $417 | $80,851 |
| 5 Bedroom | 16 | 53% | $463 | $89,246 |
Looking for the most profitable areas to invest in Norfolk, VA short-term rentals? These neighborhoods stand out for strong returns and steady demand.
These top-performing neighborhoods combine solid occupancy with competitive daily rates, making them some of Norfolk, VA's most promising Airbnb investment opportunities. Their success serves as a benchmark for what drives profitability in the local market.
Explore detailed analytics for every neighborhood in Norfolk, VA. Click on any zipcode to view comprehensive data including occupancy rates, revenue projections, and investment potential.
| Rank | Neighborhood (Zipcode) | Gross Yield | Annual Revenue | Active Listings | Median Home Value |
|---|---|---|---|---|---|
| 1 | 23503 | 11% | $33,699 | 339 | $306K |
| 2 |
Zipcode Analytics
Click on any zipcode to view detailed analytics for that area. Data includes occupancy rates, seasonal trends, and investment projections.
Thinking about investing in a Norfolk, VA short-term rental? Chalet Airbnb revenue calculator helps you quickly estimate how much you could earn in any neighborhood across the city. Get instant, data-backed insights into occupancy, daily rates, and annual revenue to identify the most profitable Airbnb opportunities in Norfolk, VA.
Calculate Your Income PotentialDiscover other high-performing Airbnb markets in the same state as Norfolk, VA
| 23510 |
| 10% |
| $33,193 |
| 41 |
| $326K |
| 3 | 23518 | 10% | $31,593 | 242 | $332K |
| 4 | 23502 | 9% | $28,616 | 17 | $303K |
| 5 | 23509 | 8% | $21,099 | 21 | $275K |
| 6 | 23505 | 8% | $24,050 | 26 | $317K |
| 7 | 23523 | 7% | $16,982 | 8 | $245K |
| 8 | 23517 | 7% | $22,338 | 6 | $325K |
| 9 | 23504 | 6% | $15,018 | 36 | $260K |
| 10 | 23662 | 5% | $23,649 | 2 | $446K |
| 11 | 23513 | 5% | $13,320 | 26 | $262K |
| 12 | 23508 | 5% | $17,030 | 33 | $375K |
| 13 | 23507 | 2% | $12,005 | 45 | $486K |
| 14 | 23455 | 1% | $3,825 | 2 | $445K |
Click any zipcode above to explore detailed analytics for that specific neighborhood in Norfolk, VA. Each neighborhood page includes comprehensive data on occupancy rates, seasonal trends, and investment projections.