301 W 31st St
NorfolkVA23508
Cheap Homes for Rent in the Park Place Neighborhood of Norfolk, VA from $750 (4 Rentals)
Search the lowest-cost Homes available for rent right now in the Park Place area of Norfolk.
316 W 31st St
NorfolkVA23508
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.
225 W 31st St
NorfolkVA23504
3608 Omohundro Ave
NorfolkVA23504
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.
Showing Results 1-4, Page 1 of 1
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 | $975 | $975 | $975 |
| Park Place 3 Bedroom Homes for Rent | $1,372 | $750 | $1,995 |
| Park Place 4 Bedroom Homes for Rent | $2,085 | $900 | $2,700 |
| Park Place 5 Bedroom Homes for Rent | $3,297 | $2,995 | $3,600 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 4 rentals with your search options within a 2 mile radius of the Park Place Neighborhood of Norfolk, VA.
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Park Place, Norfolk, VA Local Guide
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Best Value Apartments for Rent in Park Place, VA
As of August 26, 2026 the best value apartment in the Park Place area is the $1.91 price per square foot B05 Model at 201 Twenty One in the in the South Brambleton neighborhood starting from $2,309. The second greatest value Park Place apartment is the 708 W 36th St Model at 708 W 36th St, Unit 1 starting at $1,400 with a $1.40 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. |
|---|---|---|---|
| 201 Twenty One | B05 | 2BR,2BA | $1.91 |
| 708 W 36th St, Unit 1 | 708 W 36th St | 2BR,1BA | $1.40 |
| The Point on 38th Apartments | The Bowline | 2BR,2BA | $2.60 |
| 308 31st W St, Unit F | 308 31st W St | 2BR,1BA | $1.75 |
| 201 W 34th Street | 2BR/1.0BA | 2BR,1BA | $1.47 |
| First Colony Flats | First Colony Flats Unit 119 | 1BR,1BA | $2.34 |
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.
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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 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.
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Pet Friendly LifestylePark Place, Norfolk, VA
Ranked #133
Among cities in Virginia for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
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 $1,200 to $4,649. There are also 12 Single Family Homes for rent, Condos, and Townhome rentals currently available in Park Place ranging from $750 to $3,600.
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 $3,600 with an average monthly rent of $1,998.
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.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.