Frequently Asked Questions
What are the advantages of renting a studio apartment in Fairmount Park, Norfolk, VA?
Studio apartments in Fairmount Park, Norfolk, VA tend to be more affordable than other apartments and they have lower utility costs.
What are the downsides of renting a studio apartment in Fairmount Park, Norfolk, VA?
One of the downsides of living in a studio apartment is the limited storage space. You might be interested in 1 bedroom apartments, 2 bedroom apartments or 3 bedroom apartments, or browse all RentCafe apartments for rent in Fairmount Park, Norfolk, VA.
Fairmount Park, Norfolk, VA Demographics
- Total Population13,567
Female 6,600Male 6,967
- Median Age36
In total, Fairmount Park, Norfolk, VA has 13,567 residents, 6,967 women and 6,600 men, per U.S. Census recent estimates. Statistics show that the median age of Fairmount Park’s population is 36.
Average Rent in Fairmount Park, Norfolk, VA
- Fairmount Park, Norfolk, VA Average Rental Price, May 2022 $1,225 /mo
The average monthly rent for an apartment in Fairmount Park, Norfolk, VA is around $1,225.
Fairmount Park, Norfolk, VA Apartment Rent Ranges
Fairmount Park, Norfolk, VA Rent Trends
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The national average price of rental apartments is $1,628, while the average monthly rent in Fairmount Park, Norfolk, VA is $1,225.
Check out the average rent in Norfolk.
Fairmount Park, Norfolk, VA Households
- Total Number of Households5,177
Family 3,261Non-family 1,916
Children 1,687No Children 3,490
- Average People Per Household2.6
- Median Household Income$53,363
- Median Housing Costs Per Month$1,225
There is a total of 5,177 households in Fairmount Park, Norfolk, VA. Of these, 1,687 have children and 3,490 are without children. Per Census Bureau’s most current estimates, 3,261 family households and 1,916 non-family households live in this area. The size of a household in Fairmount Park is 2.6 people, on average. The median household annual income in Fairmount Park equals $53,363, and the monthly housing costs equal $1,225.
Fairmount Park, Norfolk, VA Education Statistics
According to data from the U.S. Census Bureau, 3% of the population in Fairmount Park, Norfolk, VA have no high school education, 37% went to high-school, and 29% have partially completed college. Moreover, 8% of the population hold an Associate Degree, 15% hold a Bachelor Degree, and 8% hold a Graduate Degree.
Renting a studio apartment in Fairmount Park, Norfolk, VA
Looking to find an efficiency apartment in Fairmount Park, Norfolk, VA? You’re not the only one. Studio apartments are one of the most searched types of rental housing in Fairmount Park, Norfolk, VA. They give you the advantage of living in a trendy neighborhood close to work, shopping, dining, entertainment and public transportation while keeping your rent expense at a minimum. In Fairmount Park, Norfolk, VA you have no less than 8 properties to choose from, offering a total of 10 small apartments. The average rent in Fairmount Park, Norfolk, VA is currently $1,474, but if you want to spend as little as possible, affordable single bedroom apartments go for as low as $950 per month.
Efficiency apartment vs bachelor flat: which one is right for you?
Cheap studios and efficiency apartments normally have the kitchen in the main room, which is a major discouraging factor for renters… But don’t let this scare you away: there are always some exceptions that prove the rule, and it’s worth locating them in Fairmount Park, Norfolk, VA too. Some newer apartment buildings have very spacious floor-plans with layouts that allow you to divide the sleeping and living space for more privacy and comfort. A few design tricks, like a well-placed mirror, a bookshelf divider and functional space-saving furniture can make all the difference. As a benchmark, keep in mind that, in this neighborhood, apartments offer about 778 Sq.Ft. of living space, on average. Be prepared that bachelor flats with a separate kitchen tend to be a bit more expensive than your average one room apartment. If you plan on cooking and eating in a lot, it may be worth spending the extra dollars per month to have your kitchen separate from your bedroom/living area. It all comes down to finding a studio apartment that fits your lifestyle and your personal preferences.