Cheap Homes for Rent in Downtown Norfolk Neighborhood of Norfolk, VA from $1,500 (3 Rentals)

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Search the lowest-cost Homes available for rent right now in the Downtown Norfolk area of Norfolk.

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.

property at 435 E Freemason St

$1,725

Total Monthly Price

Total Monthly Price

Base Rent
$1,725

Total Monthly Price
$1,725

1 Bedroom, 1 Bath Townhome for Rent

Available Now

435 E Freemason St

NorfolkVA23510

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.

property at 426 Granby St

$2,000

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,000

Total Monthly Price
$2,000

Studio, 1 Bath Townhome for Rent

Available Now

426 Granby St

NorfolkVA23510

Best Value Apartments for Rent in Downtown Norfolk, VA

As of April 16, 2026 the best value apartment in the Downtown Norfolk area is the $2.29 price per square foot The Wiloughby Model at Attain Downtown East in the in the Dnc neighborhood starting from $3,327. The second greatest value Downtown Norfolk apartment is the Taurus Model at Gravity on 400 starting at $2,564 with a $2.67 price per square foot in the Dnc neighborhood. Here is today’s list of the best values for Downtown Norfolk apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Attain Downtown EastThe Wiloughby3BR,3BA$2.29
Gravity on 400Taurus2BR,2BA$2.67
Heritage at Freemason HarbourDuke1BR,1BA$2.05
The JamesThe Tatterson1BR,1BA$2.44
Unity Place at KindredA21BR,1BA$1.59
500 Plume4021BR,1BA$2.42
142 West YorkSpencerStudio ,1BA$3.07
Attain DowntownThe Sphere 21BR,1BA$3.01
Fusion at NeonHopperStudio ,1BA$3.39
Metro On Granby ApartmentsThe ChryslerStudio ,1BA$3.33

Frequently Asked Questions about Downtown Norfolk

What type of rentals are currently available in Downtown Norfolk?

There are currently 56 Apartments for Rent in Downtown Norfolk, VA with pricing that ranges from $1,183 to $4,989. There are also 6 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Norfolk ranging from $1,500 to $3,500.

What is the current price range for Rental Homes in Downtown Norfolk?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Norfolk ranges from $1,500 to $3,500 with an average monthly rent of $2,137.

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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.