Norfolk, VA Rental Market Trends
What is the average rent in Norfolk?
The average rent for an apartment in Norfolk is $1,477. The cost of rent varies depending on several factors, including location, size, and quality.
Average rent in Norfolk, VA
Last updated March 2025
| Average Rent | Average Apartment Size |
|---|---|
| $1,477 | 876 sq. ft. |
What is the average apartment size in Norfolk?
The average size for a Norfolk, VA apartment is 876 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Norfolk, VA apartment rent ranges
Norfolk, VA Occupied Housing Units
51,298 or 54% of the households in Norfolk, VA are renter-occupied while 43,159 or 46% are owner-occupied.
Norfolk, VA rent trends
Average Rent in Norfolk, VA By Neighborhood
| City | Average Rent |
|---|---|
| Pinewell | $1,842 |
| Ghent | $1,811 |
| Downtown Norfolk | $1,807 |
| Freemason | $1,797 |
| East Ocean View | $1,728 |
| Park Place | $1,703 |
| Colonial Place - Riverview | $1,698 |
| Shadywood East | $1,671 |
| Crown Point | $1,639 |
| Ghent Square | $1,618 |
| Larchmont - Edgewater | $1,592 |
| Camellia Shores | $1,536 |
| Titustown | $1,474 |
| Poplar Halls | $1,325 |
| North Meadowbrook | $1,277 |
| Brentwood Forest | $1,258 |
| Wards Corner | $1,178 |
| Bayview | $1,160 |
| Lenox | $1,065 |
| Naval Station Norfolk | $1,061 |
| Fairmount Park | $1,011 |
| Greenwood - Elmhurst | $934 |
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What are the most affordable neighborhoods in Norfolk?
The most affordable neighborhoods in Norfolk are Greenwood - Elmhurst, where the average rent goes for $934/month, Fairmount Park, where renters pay $1,011/mo on average, and Naval Station Norfolk, where the average rent goes for $1,061/mo. If you’re looking for other great deals, check out the listings from Lenox ($1,065), Bayview ($1,160), and Wards Corner ($1,178), where the asking prices are below the average Norfolk rent of $1,477/mo.
What are the most expensive neighborhoods in Norfolk?
The most expensive neighborhoods in Norfolk are Downtown Norfolk ($1,807), Ghent ($1,811) and Pinewell ($1,842).
What are the most popular neighborhoods in Norfolk?
The most popular neighborhood in Norfolk is Greenwood - Elmhurst, where there are 10 listings with an average rent of $934. Next up is Park Place, where apartments go for $1,703/month, followed by Colonial Place - Riverview with $1,698 If you’re looking to rent in Norfolk’s most popular neighborhoods, make sure to also check out Downtown Norfolk, where renters pay $1,807 on average, and Poplar Halls, where the average monthly rent is $1,325.
Norfolk | Rent Comparison by Neighborhood
Rent in Bayview is 8% lower than in Brentwood Forest
$1,160
Bayview rent is 21% lower than Norfolk average
Average Rent
$1,160
$1,258
Brentwood Forest rent is 15% lower than Norfolk average
Average Rent
$1,258
How Norfolk Compares to Other Cities
| State | Average Rent |
|---|---|
| Richmond | $1,551 |
| Arlington | $2,704 |
| Charlottesville | $2,093 |
| Alexandria | $2,222 |
| Newport News | $1,375 |
| Norfolk | $1,477 |
| Virginia Beach | $1,704 |
| Henrico | $1,569 |
| Woodbridge | $2,050 |
| Falls Church | $2,289 |
| Portsmouth | $1,353 |
| Chesapeake | $1,707 |
| Hampton | $1,476 |
| Suffolk | $1,746 |
| Yorktown | $1,746 |
| Elizabeth City | $1,579 |
What is the average price for a storage unit in Norfolk?
The average rent for a non-climate-controlled 10'x10' storage unit in Norfolk is $110.45. Rental costs vary depending on several factors, including unit size and the storage facility's location and amenities.
Most Popular Apartments in Norfolk
Westport Apartments
599 Westport Street, Norfolk, VA 23505| STUDIO | $1,469 |
| 1 BED | $1,599 |
| 2+ BEDS | $1,989 |
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Roper House
127 E 40Th St., Norfolk, VA 23504| 1 BED | $1,539 |
| 2 BEDS | N/A |
The Brightleaf Building
200 E. 22Nd St., Norfolk, VA 23517| 1 BED | $1,633 |
| 2 BEDS | N/A |
| 3 BEDS | N/A |
Chenman Yards
601 W 24Th Street, Norfolk, VA 23517| 1 BED | $1,515+ |
| 2 BEDS | $1,987 |