
Cheap Apartments for Rent in the Lake Taylor Neighborhood of Norfolk, VA from $700 (36 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lake Taylor area of Norfolk.


University Apartments

Shorewood Cove

3634 Kentucky Ave
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.

6240 Chesapeake Blvd
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.

3426 Johns St

5100 Woolsey St

3110 Chalfin Ave
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.

Taro Walk

Brandywine

Hampton Apartments

5312 Common Ct

Coastline Apartments

Carolanne Terrace Apartments

133 Tower Dr
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.
Lake Taylor, Norfolk, VA Local Guide

How much does it cost to rent an apartment in Lake Taylor?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lake Taylor Studio Apartments | $1,724 | $1,490 | $2,197 |
| Lake Taylor 1 Bedroom Apartments | $1,802 | $1,052 | $2,480 |
| Lake Taylor 2 Bedroom Apartments | $2,027 | $1,119 | $3,064 |
| Lake Taylor 3 Bedroom Apartments | $2,140 | $1,458 | $3,403 |
| Lake Taylor 4 Bedroom Apartments | $2,056 | $1,800 | $2,399 |
Browse Apartments in this Neighborhood
There are currently 36 rentals with your search options within a 2 mile radius of the Lake Taylor Neighborhood of Norfolk, VA.
See all Apartments in NorfolkExplore Norfolk
Lake Taylor, Norfolk, VA Local Guide
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Cheapest Available Lake Taylor Apartments for Rent
 The cheapest available apartment rental in the Lake Taylor area of Norfolk, VA is a 1 Bed unit found at Brandywine priced from $1,095. University Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,119. Here are the most affordable Lake Taylor apartments for rent in Norfolk, VA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Brandywine | "The Elizabeth" | 1BR,1BA | $1,095 |
| University Apartments | The Patton | 2BR,1BA | $1,119 |
| Hampton Apartments | 1b1b Tax Credit Platinum | 1BR,1BA | $1,119 |
| 1129 Green St | I bedroom | 1BR,1BA | $1,195 |
| Quill | 2BR | 2BR,2BA | $1,305 |
| Taro Walk | 2 Bedroom 1 Bath | 2BR,1BA | $1,348 |
| Doria Apartments | B3 | 2BR,2BA | $1,460 |
| Meridian Apartments | Poplar Hall Renovated | 2BR,1BA | $1,520 |
| Brittany Place Apartments | Renovated Lily | 2BR,2BA | $1,595 |
| Crown Point Townhomes | TH2-1 Upgrade | 2BR,1BA | $1,610 |
Best Value Apartments for Rent in Lake Taylor, VA
As of December 24, 2025 the best value apartment in the Lake Taylor area is the $1.46 price per square foot TH 3x1.5 Reno Model at Crown Point Townhomes in the in the Lake Taylor neighborhood starting from $2,100. The second greatest value Lake Taylor apartment is the B1 Model at Spring Water starting at $2,089 with a $1.76 price per square foot in the Lake Taylor neighborhood. Here is today’s list of the best values for Lake Taylor apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Crown Point Townhomes | TH 3x1.5 Reno | 3BR,1.5BA | $1.46 |
| Spring Water | B1 | 2BR,2BA | $1.76 |
| Weblin Place | Two Bedroom Renovated | 2BR,2BA | $1.47 |
| Quill | 2BR | 2BR,2BA | $1.26 |
| Brittany Place Apartments | Renovated Lily | 2BR,2BA | $1.68 |
| Carolanne Terrace Apartments | 2 Bedroom 2 Bath Renovated | 2BR,2BA | $1.74 |
| University Apartments | The Blair | 2BR,1BA | $1.40 |
| Meridian Apartments | Poplar Hall Renovated | 2BR,1BA | $1.69 |
| Doria Apartments | B3 | 2BR,2BA | $1.64 |
| Hampton Apartments | 1b1b Tax Credit Classic | 1BR,1BA | $1.32 |
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.
Read ArticleThe 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.
Read ArticleCash 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.
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.
Lifestyle Ratings
ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, metropolitan areas, and rental properties across Virginia, including Norfolk. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including rankings of the best places for outdoor amenities like tennis courts, luxury amenities, transit availability, pet-friendly communities, places to raise kids, in addition to floorplans, availablity, and pricing. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Frequently Asked Questions about Cheap Lake Taylor Apartments
What is the price of a cheap apartment in Lake Taylor?
The cheapest apartment in Lake Taylor is Brandywine which is listed at $1,095, while the average apartment in Lake Taylor costs $2,085.
What types of apartments are the cheapest in Lake Taylor?
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 44 regular apartments in Lake Taylor 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 Lake Taylor?
Cheap apartments in Lake Taylor have an average cost of $229 which is $1,856 cheaper than the average rent for all rentals in Lake Taylor.
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

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.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!




















