Cheap Homes for Rent in Norfolk, VA from $700 (91 Rentals)

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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.

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property at 9647 Grove Ave

9647 Grove Ave

NorfolkVA23503
property at 801 Randolph St

801 Randolph St

PortsmouthVA23704
property at 124 Chautauqua Ave

124 Chautauqua Ave

PortsmouthVA23707
property at 134 Chautauqua Ave

134 Chautauqua Ave

PortsmouthVA23707

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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property at 1510 Wilson Rd

1510 Wilson Rd

NorfolkVA23523
property at 4109 5th St

4109 5th St

ChesapeakeVA23324

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Norfolk, VA Local Guide

Cheapest Neighborhoods for Apartments in Norfolk, VA

Pricing Updated: 08/02/2025

Current apartment rentals in the Norfolk, VA area range in price from $704 to $4,860 with an overall median price of $2,201. The three Norfolk neighborhoods with the lowest median rent pricing are Oakdale Farms at $875, Willoughby at $1,100, and West Ocean View at $835. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Norfolk Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Oakdale Farms$995$8753
Willoughby$1,324$1,1001
West Ocean View$1,563$83517
Ocean Air$1,700$83572
Naval Station Norfolk$1,732$83537
Cottage Row Park$1,769$75052
Monticello Village$1,769$75049
Northside$1,820$75094
Pinewell$1,826$90014
South Bayview$1,826$83584

Cheapest Available Norfolk Apartments for Rent

 

The cheapest available apartment rental in Norfolk, VA is a 1 Bed unit found at Talbot Park Apartments in the Edgewater neighborhood priced from $750. Parkwood Manor in the Edgewater neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $867. Here is today’s list of the most affordable Norfolk apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Talbot Park ApartmentsL11BR,1BA$750
Parkwood ManorA11BR,1BA$867
Hampton River VillasAdmiralStudio,1BA$925
Arbor Pointe1 Bedroom1BR,1BA$930
Bay Creek2BD, 1BA2BR,1BA$935
Welcome Home to The Grand at New Port!MLGR2BR2BR,1BA$950
Arbor Brook Apartments2BR/1.0BA2BR,1BA$950
Merrimack LandingTwo Bedroom Duplex2BR,1BA$965
The Lafayette ApartmentsThe GhentStudio,1BA$965

Best Value Apartments for Rent in Norfolk, VA

As of August 02, 2025 the best value apartment in the Norfolk area is the $0.95 price per square foot 1500 Meads Rd Model at 1500 Meads Rd, Unit 1 in the in the Edgewater neighborhood starting from $1,525. The second greatest value Norfolk apartment is the 1336 Hanson Ave Model at 1336 Hanson Ave, Unit hanson starting at $1,100 with a $0.73 price per square foot in the South Brambleton neighborhood. Here is today’s list of the best values for Norfolk apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1500 Meads Rd, Unit 11500 Meads Rd2BR,1BA$0.95
1336 Hanson Ave, Unit hanson1336 Hanson Ave2BR,1BA$0.73
912 Summit Ave, Unit summit912 Summit Ave2BR,1BA$0.83
Crescent Place2 Bedroom2BR,2BA$1.07
Victory Village3BR, 2BA3BR,2BA$1.21
Berkley Square Apartments2 Bedroom Apartment2BR,1BA$1.08
Arbor Brook Apartments2BR/1.0BA2BR,1BA$1.06
2834 Tidewater Dr, Unit 12834 Tidewater Dr1BR,1BA$1.11
Pembroke Pines Apartments2X1.52BR,1.5BA$1.12
Oakmont North Apartments3 x 13BR,1BA$1.23

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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Frequently Asked Questions about Norfolk

What type of rentals are currently available in Norfolk?

There are currently 1156 Apartments for Rent in Norfolk, VA with pricing that ranges from $700 to $5,607. There are also 462 Single Family Homes for rent, Condos, and Townhome rentals currently available in Norfolk ranging from $700 to $4,200.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Norfolk ranges from $700 to $4,200 with an average monthly rent of $2,421.

How much are larger Three and Four Bedroom Rentals in Norfolk?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Norfolk range from $1,045 to $4,860, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,325 to $3,700. Four Bedroom Single-Family rentals are also available starting from $800 and Four Bedroom Apartments start at $1,379.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.