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Is a houseboat more affordable than apartment rent? Tracking rent prices in Virginia

Google searches for “how to live on a boat” have increased 71% in the past year, and the hashtag #boatlife snagged 7 billion views on TikTok. The prospect of affordable housing just minutes from major metropolitan areas such as New York City and San Francisco has renewed interest in the “houseboat versus apartment” discussion.

According to a study conducted by Thrillist, the average yearly cost of boat slip rental and houseboat ownership is significantly lower than the average cost of apartment rental, especially in major cities. Research by online boat and yacht marketplace Rightboat proves houseboat dwellers can expect up to $659 in monthly savings. The potential savings are even higher in cities known for their high rental rates and limited available housing.

Here are a few charts that track changing rent prices in Virginia.


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