Abstract: Various systems and methods for generating and outputting dynamic depth-based content in a virtual reality (VR) environment are described. For example, a technique for generating location-customized content in VR may be implemented by electronic operations that: detect an object from image data of a real-world environment; identify the real-world location of the object relative to a viewing position with a VR device; identify a corresponding virtual location for a selected virtual object; and display the virtual object at the corresponding virtual location in VR. The image data may be generated from an image sensor and a depth sensor that captures three-dimensional aspects of the real-world environment. Based on the type and characteristics of the real-world object, a corresponding virtual object may be presented and interacted with, to allow a human user to avoid real-world obstacles or other objects during a VR session.