
Cheap Apartments for Rent in the Algonquin Neighborhood of Norfolk, VA from $400 (50 Rentals)
Search the lowest-cost Apartments available for rent right now in the Algonquin area of Norfolk.


Riverpoint

Total Monthly Price
Arbor Pointe

Cromwell House Senior Apartments - 55+

Beechwood Apartments

Total Monthly Price
Sewells Park

Talbot Park Apartments

3608 Omohundro Ave

Sterling Oaks Apartments

Larchmont Apartments
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.

1482 Meads Rd

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Parkwood Manor

Total Monthly Price
Reserves at Tidewater

1443 W 40th St

244 E 40th St

218 Glendale Ave

Hampton Creek Apartments

Total Monthly Price
Paradigm Apartments

Colony Point Apartments

Total Monthly Price
North Shore Gardens
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.

Total Monthly Price
Enfield Gardens Apartments

Westport

Buckingham Place

Village Pointe Apartments

7314 Hampton Blvd

Lakewood Plaza

University Towers

Delaware Plaza Apartments

Granby House

309 Ashlawn Dr
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.

Stonebridge Manor Senior Adult Apartments

3917 Bowdens Ferry Road

Royal Oaks Apartments

320 Ashlawn Dr

1023 W 38th St

Beechwood & Beechwood Terrace Apartments

Abbey Arms

The Garfield Luxury Apartments

511 Ashlawn Dr

Monticello Village at Ashlawn Apartments
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.

344 Woodview Ave

351 Fort Worth Ave

507 Ashlawn Dr

527 W 37th St

Townhomes at West Little Creek

The Lafayette Apartments

857 W 41st St

North Colley Apartments

211 Maycox Ave

1025 Baltimore St
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

How much does it cost to rent an apartment in Algonquin?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Algonquin Studio Apartments | $1,503 | $1,375 | $1,690 |
| Algonquin 1 Bedroom Apartments | $1,457 | $875 | $2,322 |
| Algonquin 2 Bedroom Apartments | $1,665 | $995 | $2,857 |
| Algonquin 3 Bedroom Apartments | $2,470 | $1,515 | $3,777 |
| Algonquin 4 Bedroom Apartments | $2,200 | $2,200 | $2,200 |
Browse Apartments in this Neighborhood
There are currently 50 rentals with your search options within a 2 mile radius of the Algonquin Neighborhood of Norfolk, VA.
See all Apartments in NorfolkExplore Norfolk
Algonquin, Norfolk, VA Local Guide
- Nearby Norfolk neighborhoods
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Arbor Pointe | 1 Bedroom | 1BR,1BA | $975 |
| Cromwell House Senior Apartments - 55+ | One bedroom | 1BR,1BA | $1,025 |
| Beechwood Apartments | 1 Bedroom, 1 Bath - Beechwood Terrace | 1BR,1BA | $1,035 |
| Parkwood Manor | 1 bdrm Classic | 1BR,1BA | $1,240 |
| Beechwood & Beechwood Terrace Apartments | Two Bedroom - Beechwood | 2BR,1BA | $1,270 |
| 507 Ashlawn Dr | 2 Beds, 1 Baths | 2BR,1BA | $1,395 |
| Enfield Gardens Apartments | Two Bedroom- Deluxe | 2BR,1BA | $1,445 |
| Westport | Magnolia | Studio,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Beechwood & Beechwood Terrace Apartments | Two Bedroom - Beechwood | 2BR,1.5BA | $1.34 |
| 507 Ashlawn Dr | 2 Beds, 1 Baths | 2BR,1BA | $1.86 |
| Enfield Gardens Apartments | Two Bedroom- Deluxe | 2BR,1BA | $1.99 |
| Beechwood Apartments | 1 Bedroom, 1 Bath - Beechwood Terrace | 1BR,1BA | $1.53 |
| Arbor Pointe | 1 Bedroom | 1BR,1BA | $1.49 |
| Parkwood Manor | 1 bdrm Classic | 1BR,1BA | $2.02 |
| Cromwell House Senior Apartments - 55+ | One bedroom | 1BR,1BA | $2.05 |
| Westport | Magnolia | Studio ,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.
Read ArticleDon'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.
Read ArticleReal 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.
Read ArticleQuick 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.
Pet Friendly LifestyleAlgonquin, Norfolk, VA
Ranked #67
Among cities in Virginia for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Best Local Schools in Algonquin, Norfolk, VA
School data provided by Great Schools
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

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.

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.

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.

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.