FairRentWize

Lake Charles vs Virginia Beach-Norfolk-Newport News

Fair Market Rent Comparison — HUD 2025 Data

Quick Answer

Lake Charles is 35% cheaper for renters. A 2-bedroom rents for $735/mo vs $994/mo in Virginia Beach-Norfolk-Newport News — saving $3,108/year.

Rent by Unit Size

Unit SizeLake CharlesVirginia Beach-Norfolk-Newport NewsDifference
Studio$490$659$169
1 Bedroom$592$824$232
2 Bedrooms$735$994$259
3 Bedrooms$930$1,234$304
4 Bedrooms$984$1,448$464
Median Income$45,479$57,948$12,469

Lake Charles

Studio
$490/mo
1 BR
$592/mo
2 BR
$735/mo
3 BR
$930/mo
4 BR
$984/mo
Median Income
$45,479/yr
Full Lake Charles profile →

Virginia Beach-Norfolk-Newport News

Studio
$659/mo
1 BR
$824/mo
2 BR
$994/mo
3 BR
$1,234/mo
4 BR
$1,448/mo
Median Income
$57,948/yr
Full Virginia Beach-Norfolk-Newport News profile →

Frequently Asked Questions

Is Lake Charles or Virginia Beach-Norfolk-Newport News cheaper to rent in?
Lake Charles is cheaper — a 2-bedroom Fair Market Rent is $735/mo vs $994/mo in Virginia Beach-Norfolk-Newport News. That's $259/mo or $3,108/year more expensive in Virginia Beach-Norfolk-Newport News (35% higher).
What is the 2-bedroom rent in Lake Charles vs Virginia Beach-Norfolk-Newport News?
The HUD Fair Market Rent for a 2-bedroom in Lake Charles is $735/month. In Virginia Beach-Norfolk-Newport News, a 2-bedroom FMR is $994/month.
How do incomes compare between Lake Charles and Virginia Beach-Norfolk-Newport News?
The median household income in Lake Charles is $45,479/year. In Virginia Beach-Norfolk-Newport News it is $57,948/year. Virginia Beach-Norfolk-Newport News has the higher median income.
What is the studio rent in Lake Charles vs Virginia Beach-Norfolk-Newport News?
A studio apartment Fair Market Rent in Lake Charles is $490/mo. In Virginia Beach-Norfolk-Newport News it is $659/mo.