Market Summary

Lafayette, Norfolk City, VA

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Median Home Price Price

$324,928 $324.9K

Median Monthly Rent Rent

$1,371 $1.4K

GRM

20.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Norfolk City County

Region Price Rent GRM Display
$348,143 $1,698 17.0x
$335,772 $1,697 16.0x
$367,232 $1,628 19.0x

Home prices

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Monthly rent

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GRM

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Similar markets within VA outside of Norfolk City County

Region Price Rent GRM Display
$314,160 $2,086 13.0x
$295,748 $1,648 15.0x
$626,487 $2,535 21.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of VA

Region Price Rent GRM Display
$336,173 $1,428 20.0x
$156,090 $1,230 11.0x
$335,611 $1,413 20.0x
$214,541 $1,239 14.0x
$405,680 $1,478 23.0x
$247,003 $1,916 11.0x
$235,621 $1,423 14.0x
$206,133 $1,287 13.0x
$408,736 $1,843 18.0x
$375,530 $1,420 22.0x
$186,168 $1,355 11.0x
$224,259 $1,345 14.0x
$247,396 $1,428 14.0x
$464,157 $1,564 25.0x
$452,946 $1,368 27.0x
$318,178 $1,507 18.0x
$219,742 $1,342 14.0x
$410,693 $1,496 23.0x
$371,526 $1,629 19.0x
$407,943 $1,396 24.0x
$218,170 $1,331 14.0x

Home prices

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Monthly rent

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GRM

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Lafayette

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Trend Insights

Median Rent in Lafayette, VA is $1,371, with MoM change +$8 and YoY change +$46 pointing to positive momentum while volatility is low (std $9).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Lafayette, VA.

Skip the spreadsheet work. Search a market to see side-by-side deltas.
Metric
Base market Lafayette, VA
Compare market Select a market
Delta vs base
Median rent
$1,371
N/A
Median price
$324,928
N/A
YoY change
+$46
N/A
Price-to-rent
19.8x
Data unavailable
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