FairRentWize

Merced vs Virginia Beach-Norfolk-Newport News

Fair Market Rent Comparison — HUD 2025 Data

Quick Answer

Virginia Beach-Norfolk-Newport News is 6% cheaper for renters. A 2-bedroom rents for $994/mo vs $1,055/mo in Merced — saving $732/year.

Rent by Unit Size

Unit SizeMercedVirginia Beach-Norfolk-Newport NewsDifference
Studio$696$659$37
1 Bedroom$865$824$41
2 Bedrooms$1,055$994$61
3 Bedrooms$1,328$1,234$94
4 Bedrooms$1,460$1,448$12
Median Income$60,958$57,948$3,010

Merced

Studio
$696/mo
1 BR
$865/mo
2 BR
$1,055/mo
3 BR
$1,328/mo
4 BR
$1,460/mo
Median Income
$60,958/yr
Full Merced 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 Merced or Virginia Beach-Norfolk-Newport News cheaper to rent in?
Virginia Beach-Norfolk-Newport News is cheaper — a 2-bedroom Fair Market Rent is $994/mo vs $1,055/mo in Merced. That's $61/mo or $732/year more expensive in Merced (6% higher).
What is the 2-bedroom rent in Merced vs Virginia Beach-Norfolk-Newport News?
The HUD Fair Market Rent for a 2-bedroom in Merced is $1,055/month. In Virginia Beach-Norfolk-Newport News, a 2-bedroom FMR is $994/month.
How do incomes compare between Merced and Virginia Beach-Norfolk-Newport News?
The median household income in Merced is $60,958/year. In Virginia Beach-Norfolk-Newport News it is $57,948/year. Merced has the higher median income.
What is the studio rent in Merced vs Virginia Beach-Norfolk-Newport News?
A studio apartment Fair Market Rent in Merced is $696/mo. In Virginia Beach-Norfolk-Newport News it is $659/mo.