Ghent, Norfolk, VA Rental Market Trends
Last updated: November 18, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Ghent is $1,838, a 5.84% increase compared to the previous year, when the average rent was $1,737.
Studio Apartments at $1,188 offer the most budget-friendly option with 479 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 736 square feet for $1,675, balancing privacy and affordability.
Two-beedroom units at $2,299 offer 1,088 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,313 sq ft) for $2,320, suitable for larger households.
Average rent in Ghent, Norfolk, VA
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,838 | 840 sq. ft. |
| Studio | $1,188 | 479 sq. ft. |
| 1 Bed | $1,675 | 736 sq. ft. |
| 2 Beds | $2,299 | 1,088 sq. ft. |
| 3 Beds | $2,320 | 1,313 sq. ft. |
Ghent, Norfolk, VA rent trends
Rental prices in Ghent, Norfolk, VA have increased by 5.84% over the past year. The average rent moved from $1,737 to $1,838.
What's the typical rent budget in Ghent, Norfolk, VA?
The largest share of rentals in Ghent, Norfolk, VA (42%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Ghent, Norfolk, VA?
1,462 or 68% of the households in Ghent, Norfolk, VA are renter-occupied while 693 or 32% are owner-occupied.
Most affordable neighborhoods in Ghent?
Greenwood - Elmhurst $948/month
Brentwood Forest $1,242/month
Bayview $1,346/month
All of these neighborhoods fall below the city wide average of $1,552/month.Most expensive neighborhoods in Ghent?
Ghent $1,838/month
East Ocean View $1,846/month
Freemason $1,908/month
These neighborhoods typically command higher rents due to location, amenities, and demand.Average Rent in Norfolk, VA By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Freemason | $1,908 |
| East Ocean View | $1,846 |
| Ghent | $1,838 |
| Downtown Norfolk | $1,836 |
| Colonial Place - Riverview | $1,813 |
| Park Place | $1,742 |
| Shadywood East | $1,672 |
| Ghent Square | $1,666 |
| Wards Corner | $1,405 |
| Bayview | $1,346 |
| Brentwood Forest | $1,242 |
| Greenwood - Elmhurst | $948 |
Norfolk | Rent Comparison by Neighborhood
Rent in Ghent is 37% higher than in Bayview
Ghent rent is the same as Norfolk average
Bayview rent is 27% lower than Norfolk average
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Ghent apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.