Cheap New Apartments for Rent in Norfolk, VA from $400 (24 Rentals)

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

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

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$1,375 - $2,295

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Built in 2025Studio to 1 Bedroom Apartments Available Now

Paradigm Apartments

7130 Granby StNorfolk, VA 23505
Furnished
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  • Customer Reviewed
  • Utilities Included
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The Banks at Berkley
Built in 20172 to 3 Bedroom Apartments

The Banks at Berkley

701 S Main StNorfolk, VA 23523
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Riverside Station I
Built in 20221 to 3 Bedroom Apartments

Riverside Station I

5800 Sellger drNorfolk, VA 23502

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.

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Bell Diamond Manor
Built in 20182 to 3 Bedroom Apartments

Bell Diamond Manor

1009 Middlesex StNorfolk, VA 23523

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Holley Pointe
Built in 20212 to 3 Bedroom Apartments

Holley Pointe

622 Effingham StPortsmouth, VA 23704
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Tranquility at the Lake
Built in 20171 to 2 Bedroom Apartments

Tranquility at the Lake

5827 Burton Station RdVirginia Beach, VA 23455
Senior Living
  • Utilities Included
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200 West I
Built in 20191 to 3 Bedroom Apartments

200 West I

200 Price StVirginia Beach, VA 23462
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Bains Pointe
Built in 20262 to 3 Bedroom Apartments

Bains Pointe

1100 High StPortsmouth, VA 23704
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Catalina Crossing
Built in 20161 to 3 Bedroom Apartments

Catalina Crossing

2000 Randolph ArchChesapeake, VA 23320
Senior Living
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Tower 507
Built in 20161 to 2 Bedroom Apartments

Tower 507

507 High StPortsmouth, VA 23704
  • Utilities Included
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Mosaic Summit Pointe
Built in 20221 to 3 Bedroom Apartments

Mosaic Summit Pointe

640 Belaire AveChesapeake, VA 23320

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Norfolk, VA Local Guide

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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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap Norfolk Apartments

What is a cheap apartment in Norfolk?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Norfolk is under $1,000.

What is the price of a cheap apartment in Norfolk?

The cheapest apartment in Norfolk is New Port Landing which is listed at $875, while the average apartment in Norfolk costs $2,362.

What types of apartments are the cheapest in Norfolk?

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 728 regular apartments in Norfolk 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 Norfolk?

Cheap apartments in Norfolk have an average cost of $243 which is $2,119 cheaper than the average rent for all rentals in Norfolk.

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

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

Written by: James W. Vickers

Norfolk, Virginia, experienced a surprising population decline to 238,005 residents in the 2020 census, considering its low cost of living and high quality of life index. Renting an apartment falls well below the national average.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.