$2,400 Per Month
- 3 Beds
- 2.5 Baths
- 1,667 Sq Ft
- Townhouse for Rent
63 Waters Edge Cir, Hampton, VA 23669
63 Waters Edge Cir, Hampton, VA 23669
Frequently Asked Questions
How much does it cost to rent a townhouse in Hampton, VA?
The median rent for a townhouse in Hampton, VA is $1,473 per month, though prices vary by neighborhood, size, and property type. As of June 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Hampton, VA?
To comfortably afford the median rent in Hampton, VA, a household needs to earn roughly $75,800 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,895 per month in Hampton, VA, renters typically need to show $5,685 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Hampton, VA?
In Hampton, VA, the price-to-rent ratio is 13.2, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Hampton, VA are best for renting a townhouse?
The best neighborhood for renting in Hampton, VA depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a townhouse include Willow Oaks, Coliseum Central, Northampton, Grafton and East Ocean View, each with its own character and price range.
