Housing
Home prices and rent in Newport News
Median home values, rents and incomes from the U.S. Census Bureau, compared with Virginia and the U.S.
Census geography: Newport News city, Virginia. These survey estimates are not current listing prices.
Newport News vs. Virginia and the U.S.
| Newport News | Virginia | U.S. | |
|---|---|---|---|
| Median home value | $260,600 | $383,700 | $332,700 |
| Median rent (monthly) | $1,339 | $1,579 | $1,413 |
| Median household income | $69,634 | $93,170 | $80,734 |
| Homes owned by occupants | 48% | 67% | 65% |
| Median year built | 1979 | 1984 | 1980 |
Ten years of change
| 2014 | 2019 | 2024 | |
|---|---|---|---|
| Median home value | $194,600 | $194,000 | $260,600 |
| Median rent (monthly) | $975 | $1,057 | $1,339 |
| Median household income | $51,000 | $53,215 | $69,634 |
Fair Market Rents (HUD, fiscal year 2027)
Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area · Newport News city. HUD's payment benchmarks for housing programs: typical gross rent (rent plus utilities) for a recent mover, not a listing or an asking rent.
Large figures are the metro-area Fair Market Rent; green figures are the range across 8 Newport News ZIP codes, where HUD sets Small Area Fair Market Rents.
Income limits (HUD, fiscal year 2026)
Area median family income: $107,700. Households at or under these incomes can qualify for many housing programs; check each program's own rules.
| Household size | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 |
|---|---|---|---|---|---|---|---|---|
| Low income (80%) | $60,350 | $68,950 | $77,550 | $86,150 | $93,050 | $99,950 | $106,850 | $113,750 |
| Very low income (50%) | $37,700 | $43,100 | $48,500 | $53,850 | $58,200 | $62,500 | $66,800 | $71,100 |
| Extremely low income (30%) | $22,650 | $25,850 | $29,100 | $33,000 | $38,680 | $44,360 | $50,040 | $55,720 |
Source: U.S. Department of Housing and Urban Development, Fair Market Rents and Income Limits, checked October 11, 2026.
Questions
What is the median home value in Newport News?
$260,600, according to the Census Bureau’s 2024 American Community Survey (5-year estimates), compared with $383,700 in Virginia and $332,700 nationally.
How much is rent in Newport News?
Median gross rent (rent plus utilities) is $1,339 a month, versus $1,579 statewide.
How much have home values risen in Newport News?
The median home value went from $194,600 in 2014 to $260,600 in 2024 (+34%).
What is fair market rent in Newport News?
HUD's fiscal year 2027 Fair Market Rent for the Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area is $1,470 for a studio, $1,488 for one bedroom and $1,667 for two bedrooms; across Newport News's ZIP codes, two-bedroom values run $1,380 to $2,100. These are HUD program benchmarks, not asking rents.
Are these current market prices?
No. They are survey medians from the Census Bureau, based on a five-year survey period, so they lag today’s listings. They are the most consistent way to compare places and track change over time.
U.S. Census Bureau, American Community Survey 5-year estimates (2014, 2019, 2024), Newport News city, Virginia. Values are estimates with margins of error.