Median Home Value
$260,600
Median Gross Rent
$1,339/mo
Homeownership Rate
48.2%
Rent as Share of Income
23.1%
Vacancy Rate
7.2%
Median Year Built
1979
Home Price Index (FHFA)
Home prices in Newport News city have risen 691% since 1975, per FHFA's index.
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Index value, not a dollar figure — shows relative appreciation over time. Source: Federal Housing Finance Agency.
HUD Fair Market Rent (2026)
Studio
$1,492
1 Bedroom
$1,512
2 Bedroom
$1,713
3 Bedroom
$2,376
4 Bedroom
$2,797
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024; HUD Fair Market Rents 2026.