Suffolk, Virginia Short-Term Rental Market
Quick Answer: Suffolk, Virginia is an active short-term rental market. average occupancy in the Norfolk/VA Beach market area is 73%. average monthly revenue in the Norfolk/VA Beach market area is $7,058. average daily rate in the Norfolk/VA Beach market area is $389.
Avg Monthly Revenue
$7,058
↑ 2.4% YoY
73%
Occupancy
↑ 1.8% YoY
$389
Avg Daily Rate
↑ 1.2% YoY
$285
RevPAR
↑ 3% YoY
Market data reflects the Norfolk/VA Beach regional market, which includes Suffolk. Regulations, taxes, and permit details below are specific to Suffolk.
Seasonal Patterns
| Month | Occupancy |
|---|---|
| Jan | 39% |
| Feb | 52% |
| Mar | 58% |
| Apr | 57% |
| May | 59% |
| Jun | 71% |
| Jul | 72% |
| Aug | 71% |
| Sep | 51% |
| Oct | 46% |
| Nov | 46% |
| Dec | 44% |
Month-by-month nightly rates and revenue figures for Suffolk are available to StaySTRA Pro members. Unlock with StaySTRA Pro or analyze a specific address free.
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