
Cheap Homes for Rent in Park Place Neighborhood of Norfolk, VA from $700 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Park Place area of Norfolk.


307 W 32nd St
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.

316 W 31st St

242 W 28th St
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.
Park Place, Norfolk, VA Local Guide

How much does it cost to rent a home in Park Place?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Park Place 2 Bedroom Homes for Rent | $1,605 | $1,100 | $1,850 |
| Park Place 3 Bedroom Homes for Rent | $1,881 | $1,550 | $2,200 |
| Park Place 4 Bedroom Homes for Rent | $1,809 | $900 | $2,600 |
Browse Homes for Rent in this Neighborhood
There are currently 5 rentals with your search options within a 2 mile radius of the Park Place Neighborhood of Norfolk, VA.
Explore Norfolk
Cheapest Available Park Place Apartments for Rent
 The cheapest available apartment rental in the Park Place area of Norfolk, VA is a 1 Bed unit found at The Point on 38th Apartments priced from $1,546. The Brightleaf Building has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,612. Here are the most affordable Park Place apartments for rent in Norfolk, VA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Point on 38th Apartments | The Clove | 1BR,1BA | $1,546 |
| The Brightleaf Building | The Brightleaf Building 323 | 1BR,1BA | $1,612 |
| 201 Twenty One | S01 | Studio,1BA | $1,625 |
Best Value Apartments for Rent in Park Place, VA
As of January 04, 2026 the best value apartment in the Park Place area is the $1.40 price per square foot 1134 Westover Ave Model at 1134 Westover Ave, Unit 1134 Westover #4 in the in the South Brambleton neighborhood starting from $1,400. The second greatest value Park Place apartment is the 871 W 37th St Model at 871 W 37th St, Unit 1 starting at $1,100 with a $1.29 price per square foot in the Edgewater neighborhood. Here is today’s list of the best values for Park Place apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1134 Westover Ave, Unit 1134 Westover #4 | 1134 Westover Ave | 1BR,1BA | $1.40 |
| 871 W 37th St, Unit 1 | 871 W 37th St | 2BR,1BA | $1.29 |
| 308 31st W St, Unit F | 308 31st W St | 2BR,1BA | $1.63 |
| 1007 W 36th St, Unit 4 | 1007 W 36th St | 2BR,1BA | $1.31 |
| 201 Twenty One | S01 | Studio ,1BA | $2.30 |
| The Brightleaf Building | The Brightleaf Building 323 | 1BR,1BA | $2.45 |
| The Point on 38th Apartments | The Anchor | 1BR,1BA | $2.66 |
Frequently Asked Questions about Park Place
What type of rentals are currently available in Park Place?
There are currently 80 Apartments for Rent in Park Place, VA with pricing that ranges from $704 to $2,905. There are also 16 Single Family Homes for rent, Condos, and Townhome rentals currently available in Park Place ranging from $750 to $2,600.
What is the current price range for Rental Homes in Park Place?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Park Place ranges from $750 to $2,600 with an average monthly rent of $1,511.
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.

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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.
