Rent is higher than in 55% of U.S. cities. A typical house costs about 3.3 years of household income.
How much money do I need?
To rent here comfortably, you should earn about $69,960 a year. That is $34 an hour at a full-time job.
Is rent cheaper than other Virginia cities?
Yes. Rent here is cheaper than in most of Virginia. It is number 66 of 199 cities from cheapest to most expensive.
How much do households earn in Hampton?
Share of households by yearly income. 22.2% of households earn $100,000 or more.
Rent by apartment size in Hampton
| Size | Hampton | U.S. average |
|---|---|---|
| Studio | $1,495 | $1,338 |
| 1 bedroom | $1,298 | $1,324 |
| 2 bedrooms | $1,432 | $1,509 |
| 3 bedrooms | $1,728 | $1,698 |
| 4 bedrooms | $2,047 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Hampton overall?
Everyday prices in Virginia overall are 1% above the U.S. average (index 101.1, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Hampton, so the Virginia figure is shown.
Taxes and bills in Hampton
Life in Hampton
Is it cheaper to rent or buy in Hampton?
About the same. Renting and owning cost within $44 of each other each month.
Owning assumes a typical $245,700 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $24,570 for the down payment.
Frequently asked questions
What is the average rent in Hampton, VA?
Renting in Hampton costs a median of about $1,749 a month in 2026, including utilities. The Virginia median is $2,049.
How much do I need to make to live in Hampton?
To keep rent under 30% of income, you need about $69,960 a year, or $34 an hour at a full-time job.
Is Hampton cheap or expensive?
Hampton is rated OK: rent takes 28.0% of the typical household income of $75,086. It ranks 66th cheapest of 199 Virginia cities we track.
How much are property taxes in Hampton?
The median homeowner in Hampton pays $2,327 a year in property taxes, about 0.95% of the median home value.
Is Hampton more expensive than the national average?
Overall prices in Virginia are 1% above the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Hampton?
The median home value in Hampton is $245,700, about 3.3 times the typical yearly household income.
137,557 people live in Hampton. Numbers are typical (middle) values.