housing costs · Virginia
Housing costs in Suffolk city
What it costs to live here: rent, home values and the share of income rent takes.
Median gross rent
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | $1,563 | ± $58 | evidence → |
| 2019–2023 | $1,484 | ± $76 | evidence → |
| 2018–2022 | $1,376 | ± $62 | evidence → |
| 2017–2021 | $1,266 | ± $55 | evidence → |
Median home value
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | $347,400 | ± $5,812 | evidence → |
| 2019–2023 | $329,600 | ± $6,119 | evidence → |
| 2018–2022 | $314,400 | ± $7,917 | evidence → |
| 2017–2021 | $273,600 | ± $4,174 | evidence → |
Rent as share of income
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | 33.7 % | ± 2.4 % | evidence → |
| 2019–2023 | 33.4 % | ± 1.9 % | evidence → |
| 2018–2022 | 33.0 % | ± 2.2 % | evidence → |
| 2017–2021 | 32.9 % | ± 1.9 % | evidence → |
In context
Median rent in Suffolk city is $1,563, above the Virginia median of $1,059 across 133 counties (2020–2024).
American Community Survey, five-year estimates. Each release covers five years, so consecutive releases overlap by four of them — a change from one release to the next is damped, and reading them as annual values understates swings. Margins of error are at 90 % confidence and are wide in sparsely populated counties.