
Cheap Homes for Rent in Park Place Neighborhood of Norfolk, VA from $700 (9 Rentals)
Search the lowest-cost Homes available for rent right now in the Park Place area of Norfolk.


316 W 31st St

307 W 32nd St

3605 Killam 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.

229 W 38th St

742 Washington Park

527 37th St

1611 Hampton 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.

1611 Hampton Blvd
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 | $1,522 | $1,350 | $1,695 |
| Park Place 3 Bedroom Homes for Rent | $1,695 | $950 | $2,100 |
| Park Place 4 Bedroom Homes for Rent | $2,155 | $900 | $2,800 |
| Park Place 5 Bedroom Homes for Rent | $3,500 | $3,500 | $3,500 |
Browse Homes for Rent in this Neighborhood
There are currently 9 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 2 Beds unit found at 121 W 32nd St Apartments priced from $1,250. Tidewater Square has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,505. Here are the most affordable Park Place apartments for rent in Norfolk, VA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 121 W 32nd St Apartments | 2-BR | 2BR,1BA | $1,250 |
| Tidewater Square | Tidewater Square Unit 55 | 1BR,1BA | $1,505 |
| The Point on 38th Apartments | The Clove | 1BR,1BA | $1,585 |
Best Value Apartments for Rent in Park Place, VA
As of February 25, 2026 the best value apartment in the Park Place area is the $1.40 price per square foot 708 W 36th St Model at 708 W 36th St, Unit 1 in the in the Edgewater neighborhood starting from $1,400. The second greatest value Park Place apartment is the 308 31st W St Model at 308 31st W St, Unit F starting at $1,350 with a $1.69 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. |
|---|---|---|---|
| 708 W 36th St, Unit 1 | 708 W 36th St | 2BR,1BA | $1.40 |
| 308 31st W St, Unit F | 308 31st W St | 2BR,1BA | $1.69 |
| 121 W 32nd St Apartments | 2-BR | 2BR,1BA | $1.67 |
| First Colony Flats | First Colony Flats Unit 202 | 1BR,1BA | $2.31 |
| 201 Twenty One | A01 | Studio ,1BA | $2.33 |
| The Brightleaf Building | The Brightleaf Building 301 | 1BR,1BA | $2.53 |
| The Point on 38th Apartments | The Clove | 1BR,1BA | $2.56 |
| Tidewater Square | Tidewater Square Unit 55 | 1BR,1BA | $2.50 |
Frequently Asked Questions about Park Place
What type of rentals are currently available in Park Place?
There are currently 78 Apartments for Rent in Park Place, VA with pricing that ranges from $704 to $4,960. There are also 27 Single Family Homes for rent, Condos, and Townhome rentals currently available in Park Place ranging from $700 to $3,500.
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 $700 to $3,500 with an average monthly rent of $1,914.
How much are larger Three and Four Bedroom Rentals in Park Place?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Park Place range from $2,495 to $4,960, while Three Bedroom Homes, Condos, and Townhomes for rent range from $950 to $2,100. Four Bedroom Single-Family rentals are also available starting from $900 and Four Bedroom Apartments start at $2,495.
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.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.