Cheap Apartments for Rent in the Algonquin Neighborhood of Norfolk, VA from $400 (50 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Algonquin area of Norfolk.

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Arbor Pointe
$975 - $1,128
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$975 - $1,128

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Contact Us For Availability

Arbor Pointe

502 Grantham RdNorfolk, VA 23505
Affordability
  • Verified
  • Customer Reviewed
  • Low Income
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Sewells Park
$1,050 - $1,170
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$975 - $1,095
Required Monthly Fees
$75

Total Monthly Price
$1,050 - $1,170
1 Bedroom Apartments Available Sep 17

Sewells Park

408 W Little Creek RdNorfolk, VA 23505
Affordability
  • Verified
  • Customer Reviewed
  • Utilities Included
property at 3608 Omohundro Ave

$1,075 - $1,770

Total Monthly Price9 Month Lease Term

Total Monthly Price

Base Rent
$1,075 - $1,770

Total Monthly Price
$1,075 - $1,770

1 Bedroom, 1.5 Bath Home for Rent

Available Now

3608 Omohundro Ave

NorfolkVA23504

The Best Affordable Neighborhoods for Renters in Norfolk, VA: Great Price Meets Quality of Life

Discover Norfolk, VA's best affordable rental neighborhoods like Ghent & Downtown. Enjoy a low cost of living, top schools, vibrant arts, and waterfront views while renting.

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Parkwood Manor
$1,240 - $1,460
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,109 - $1,329
Required Monthly Fees
$131

Total Monthly Price
$1,240 - $1,460
1 to 2 Bedroom Apartments Available Now

Parkwood Manor

7703 Major AveNorfolk, VA 23505
Affordability
  • Verified
  • Customer Reviewed
  • Low Income
property at 1443 W 40th St

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300

Total Monthly Price
$1,300

2 Bedroom, 1 Bath Home for Rent

Available Aug 1

1443 W 40th St

NorfolkVA23508
property at 244 E 40th St

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300

Total Monthly Price
$1,300

2 Bedroom, 1 Bath Home for Rent

Available Now

244 E 40th St

NorfolkVA23504
property at 218 Glendale Ave

$1,325

Total Monthly Price

Total Monthly Price

Base Rent
$1,325

Total Monthly Price
$1,325

2 Bedroom, 1 Bath Home for Rent

Available Aug 17

218 Glendale Ave

NorfolkVA23505
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Paradigm Apartments
$1,375 - $2,295
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,375 - $2,295

Total Monthly Price
Varies
Studio to 1 Bedroom Apartments Available Aug 31

Paradigm Apartments

7130 Granby StNorfolk, VA 23505
Furnished
  • Verified
  • Customer Reviewed
  • Utilities Included
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North Shore Gardens
$1,421 - $1,956
Total Monthly Price

Total Monthly Price

Base Rent
$1,415 - $1,950
Required Monthly Fees
$6

Total Monthly Price
$1,421 - $1,956
1 to 3 Bedroom Apartments Available Sep 7

North Shore Gardens

7701 Enfield AveNorfolk, VA 23505
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Enfield Gardens Apartments
$1,445
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,350
Required Monthly Fees
$95

Total Monthly Price
$1,445
2 Bedroom Apartments Available Aug 14

Enfield Gardens Apartments

7704 Enfield AveNorfolk, VA 23505
Affordability
  • Verified
  • Customer Reviewed
  • Utilities Included
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7314 Hampton Blvd
Studio to 2 Bedroom Apartments

7314 Hampton Blvd

7314 Hampton BlvdNorfolk, VA 23505
  • Utilities Included
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Lakewood Plaza
1 Bedroom Apartments

Lakewood Plaza

5631 Tidewater DrNorfolk, VA 23509
Senior Living
  • Utilities Included
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University Towers
1 to 2 Bedroom Apartments

University Towers

1064-1070 W 48th StNorfolk, VA 23508
  • Utilities Included
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Granby House
1 Bedroom Apartments

Granby House

100 Suburban PkyNorfolk, VA 23505
Senior Living
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309 Ashlawn Dr
1 Bedroom Apartments

309 Ashlawn Dr

309 Ashlawn DrNorfolk, VA 23505

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Royal Oaks Apartments
2 Bedroom Apartments

Royal Oaks Apartments

7737 Harrison RdNorfolk, VA 23505
  • Utilities Included
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320 Ashlawn Dr
2 Bedroom Apartments

320 Ashlawn Dr

320 Ashlawn DrNorfolk, VA 23505
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1023 W 38th St
1 to 3 Bedroom Apartments

1023 W 38th St

1023 W 38th StNorfolk, VA 23508
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Abbey Arms
1 to 2 Bedroom Apartments

Abbey Arms

2010 Abbey RdNorfolk, VA 23509
Corporate Housing
  • Utilities Included
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511 Ashlawn Dr
2 Bedroom Apartments

511 Ashlawn Dr

511 Ashlawn DrNorfolk, VA 23505

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

property at 344 Woodview Ave

$1,350

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,350

Total Monthly Price
$1,350

2 Bedroom, 1 Bath Townhome for Rent

Available Now

344 Woodview Ave

NorfolkVA23505
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351 Fort Worth Ave
2 Bedroom Apartments

351 Fort Worth Ave

351 Fort Worth AveNorfolk, VA 23505
  • Smoke Free
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507 Ashlawn Dr
2 Bedroom Apartments

507 Ashlawn Dr

507 Ashlawn DrNorfolk, VA 23505
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527 W 37th St
2 Bedroom Apartments

527 W 37th St

527 W 37th StNorfolk, VA 23508
property at 857 W 41st St

$1,450

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,450

Total Monthly Price
$1,450

2 Bedroom, 1 Bath Home for Rent

Available Now

857 W 41st St

NorfolkVA23508
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North Colley Apartments
2 to 4 Bedroom Apartments

North Colley Apartments

4013 Colley AveNorfolk, VA 23508
Student Housing
  • Utilities Included
property at 211 Maycox Ave

$1,495

Total Monthly Price

Total Monthly Price

Base Rent
$1,495

Total Monthly Price
$1,495

2 Bedroom, 1.5 Bath Condo for Rent

Available Now

211 Maycox Ave

NorfolkVA23505
property at 1025 Baltimore St

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

3 Bedroom, 1 Bath Home for Rent

Available Now

1025 Baltimore St

NorfolkVA23505

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Algonquin, Norfolk, VA Local Guide

Cheapest Available Algonquin Apartments for Rent

 

The cheapest available apartment rental in the Algonquin area of Norfolk, VA is a 1 Bed unit found at Arbor Pointe priced from $975. Cromwell House Senior Apartments - 55+ has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,025. Here are the most affordable Algonquin apartments for rent in Norfolk, VA:

Apartment ListingModel NameBed/BathPriced From
Arbor Pointe1 Bedroom1BR,1BA$975
Cromwell House Senior Apartments - 55+One bedroom1BR,1BA$1,025
Beechwood Apartments1 Bedroom, 1 Bath - Beechwood Terrace1BR,1BA$1,035
Parkwood Manor1 bdrm Classic1BR,1BA$1,240
Beechwood & Beechwood Terrace ApartmentsTwo Bedroom - Beechwood2BR,1BA$1,270
507 Ashlawn Dr2 Beds, 1 Baths2BR,1BA$1,395
Enfield Gardens ApartmentsTwo Bedroom- Deluxe2BR,1BA$1,445
WestportMagnoliaStudio,1BA$1,469

Best Value Apartments for Rent in Algonquin, VA

As of July 27, 2026 the best value apartment in the Algonquin area is the $1.34 price per square foot Two Bedroom - Beechwood Model at Beechwood & Beechwood Terrace Apartments in the in the Edgewater neighborhood starting from $1,270. The second greatest value Algonquin apartment is the 2 Beds, 1 Baths Model at 507 Ashlawn Dr starting at $1,395 with a $1.86 price per square foot in the Titustown neighborhood. Here is today’s list of the best values for Algonquin apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Beechwood & Beechwood Terrace ApartmentsTwo Bedroom - Beechwood2BR,1.5BA$1.34
507 Ashlawn Dr2 Beds, 1 Baths2BR,1BA$1.86
Enfield Gardens ApartmentsTwo Bedroom- Deluxe2BR,1BA$1.99
Beechwood Apartments1 Bedroom, 1 Bath - Beechwood Terrace1BR,1BA$1.53
Arbor Pointe1 Bedroom1BR,1BA$1.49
Parkwood Manor1 bdrm Classic1BR,1BA$2.02
Cromwell House Senior Apartments - 55+One bedroom1BR,1BA$2.05
WestportMagnoliaStudio ,1BA$3.47

Beyond the Dorms: Finding the Best Off-Campus Living in Norfolk

Find your perfect Norfolk apartment! This comprehensive guide details the best student neighborhoods (like Ghent, Chelsea, and Highland Park), top restaurants, and entertainment near NSU, ODU, and EVMS.

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
Algonquin, Norfolk, VA

Ranked #67

Among cities in Virginia for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Lifestyle Ratings

Our team is happy to bring you Lifestyle Ratings of rentals in cities and towns across the United States including Algonquin, Norfolk, and the greater Norfolk area. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including our Star Ratings to compare for the best proximity to parks and outdoor amenities, luxury amenities, kid and pet-friendly communities, availability of transit options, and other valuable search options. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Algonquin Apartments

What is the price of a cheap apartment in Algonquin?

The cheapest apartment in Algonquin is Arbor Pointe which is listed at $975, while the average apartment in Algonquin costs $2,329.

What types of apartments are the cheapest in Algonquin?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 15 regular apartments in Algonquin that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Algonquin?

Cheap apartments in Algonquin have an average cost of $329 which is $2,000 cheaper than the average rent for all rentals in Algonquin.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

decorative image for Beyond the Dorms: Finding the Best Off-Campus Living in Norfolk article

Beyond the Dorms: Finding the Best Off-Campus Living in Norfolk

Written by: James W. Vickers

Positioned at the southeastern corner of Virginia, Norfolk is a sprawling area with close ties to Virginia Beach to the east and Newport News across the Hampton Roads Bridge Tunnels to the north.

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.