
Cheap Apartments for Rent in the Lake Taylor Neighborhood of Norfolk, VA from $697 (44 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lake Taylor area of Norfolk.


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University Apartments

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Shorewood Cove

4745 Lind St

5867 Poplar Hall Dr

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Meridian Apartments

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Crown Point Townhomes

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ReNew Norfolk
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.

Quill

Southern Park II

Lansdale Garden Apartments

Riverside Station I

Kennebeck Apartments

Tomlin Apartments

Princess Court Apartments

Lansdale Garden Apartments
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.

Larkspur Apartments

Sewells Point Apartments

6228-6240 Chesapeake Blvd

Princess Anne Gardens

Dove Landing Apartments

Sherwood Forest Apartments

Olympic Village Apartments

4802 Norvella Ave
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.

Azalea Garden

Arcadia Apartments

The Pointe at Pickett Farms

1129 Green St

River Oaks Apartments

1466 Gabriel Dr

5397 E Princess Anne Rd

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Taro Walk
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.

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Tranquility at the Lakes II : Senior Living

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Hampton Apartments

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Brandywine

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Coastline - VA

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Weblin Place

Hunter's Mill Apartments

Tranquility at the Lake

Wesleyan Place
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.

Summer Haven Apartments

643 Crows Nest Ct

627 Crows Nest Ct

5716 Summit Arch
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 | $2,160 | $2,160 | $2,160 |
| Lake Taylor 1 Bedroom Apartments | $1,749 | $925 | $2,629 |
| Lake Taylor 2 Bedroom Apartments | $2,036 | $1,097 | $3,209 |
| Lake Taylor 3 Bedroom Apartments | $2,420 | $1,463 | $6,247 |
| Lake Taylor 4 Bedroom Apartments | $2,130 | $1,805 | $2,404 |
Browse Apartments in this Neighborhood
There are currently 44 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 2 Beds unit found at 6228-6240 Chesapeake Blvd priced from $925. Sewells Point Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $925. Here are the most affordable Lake Taylor apartments for rent in Norfolk, VA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 6228-6240 Chesapeake Blvd | 2 Beds, 1 Baths | 2BR, 1BA | $925 |
| Sewells Point Apartments | Cozy 1BR – Walk-In Closet, Easy I-64 Access & P... | 1BR, 1BA | $925 |
| Tranquility at the Lakes II : Senior Living | 2 Bedroom Model A | 2BR, 1BA | $1,097 |
| Coastline - VA | 1B1B | 1BR, 1BA | $1,290 |
| Taro Walk | 2 Bedroom 1 Bath Classic | 2BR, 1BA | $1,305 |
| Meridian Apartments | Meridian Apartments Your Gateway to Everything ... | 2BR, 1BA | $1,545 |
| ReNew Norfolk | Anderson | 1BR, 1BA | $1,589 |
| Hunter's Mill Apartments | 1BR | 1BR, 1BA | $1,600 |
| Carolanne Terrace Apartments | 2 Bedroom 2 Bath Renovated | 2BR, 2BA | $1,888 |
| Lake Taylor Pointe Apartment Homes | Join Our One Bedroom Waitlist! A2A1 | 1BR, 1BA | $1,900 |
Best Value Apartments for Rent in Lake Taylor, VA
As of September 17, 2026 the best value apartment in the Lake Taylor area is the $1.54 price per square foot TH 3x1.5 Reno Model at Crown Point Townhomes in the Lake Taylor neighborhood starting from $2,207. The second greatest value Lake Taylor apartment is the B2 Model at Spring Water in the Lake Taylor neighborhood starting at $2,241 with a $1.79 price per square foot. 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 | $1.54 |
| Spring Water | B2 | 2BR, 2BA | $1.79 |
| Society at Crossroads | B4 | 2BR, 2BA | $2.17 |
| Coastline - VA | 2 Bed 2 Bath | 2BR, 2BA | $1.50 |
| Seawall Apartments & Townhomes | B4 | 2BR, 2BA | $2.00 |
| Carolanne Terrace Apartments | 2 Bedroom 2 Bath Renovated | 2BR, 2BA | $1.99 |
| Taro Walk | 2 bedroom Deluxe | 2BR, 1BA | $1.67 |
| 6228-6240 Chesapeake Blvd | 2 Beds, 1 Baths | 2BR, 1BA | $1.06 |
| ReNew Norfolk | Anderson | 1BR, 1BA | $2.21 |
| Tranquility at the Lakes II : Senior Living | 1 Bedroom Model A | 1BR, 1BA | $2.19 |
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 ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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.
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 Sewells Point Apartments which is listed at $925, while the average apartment in Lake Taylor costs $1,913.
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 5 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 $137 which is $1,776 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

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.

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.