316 W 31st St
NorfolkVA23508
Cheap Homes for Rent in the Park Place Neighborhood of Norfolk, VA from $900 (11 Rentals)
Search the lowest-cost Homes available for rent right now in the Park Place area of Norfolk.
307 W 32nd St
NorfolkVA23508
3605 Killam Ave
NorfolkVA23508
225 W 31st St
NorfolkVA23504
3608 Omohundro Ave
NorfolkVA23504
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.
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$1,4502 Bedroom Apartments Available Now
1012 W 36th St, Unit 1012 w36th st C
1012 W 36th StNorfolk, VA 23508
309 W 26th St
NorfolkVA23517
2614 Munson St
NorfolkVA23517
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$1,5002 Bedroom Apartments Available Aug 1
1611 Hampton Blvd, Unit A8
1611 Hampton BlvdNorfolk, VA 23517
3601 Omohundro Ave
NorfolkVA23504
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.
1005 Woodrow Ave
NorfolkVA23507
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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 | $1,792 | $975 | $3,000 |
| Park Place 3 Bedroom Homes for Rent | $2,000 | $1,650 | $2,250 |
| Park Place 4 Bedroom Homes for Rent | $1,800 | $900 | $2,900 |
| Park Place 5 Bedroom Homes for Rent | $3,600 | $3,600 | $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 11 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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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 Tidewater Square priced from $1,579. First Colony Flats has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,595. Here are the most affordable Park Place apartments for rent in Norfolk, VA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Tidewater Square | Tidewater Square Unit 41 | 1BR,1BA | $1,579 |
| First Colony Flats | First Colony Flats Unit 305 | 1BR,1BA | $1,595 |
| The Point on 38th Apartments | The Clove | 1BR,1BA | $1,878 |
Best Value Apartments for Rent in Park Place, VA
As of July 12, 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 $1,375 with a $1.72 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 | $1.72 |
| Tidewater Square | Tidewater Square Unit 41 | 1BR,1BA | $2.49 |
| The Point on 38th Apartments | The Clove | 1BR,1BA | $3.03 |
| First Colony Flats | First Colony Flats Unit 305 | 1BR,1BA | $2.65 |
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.
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.
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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 79 Apartments for Rent in Park Place, VA with pricing that ranges from $1,000 to $4,649. There are also 23 Single Family Homes for rent, Condos, and Townhome rentals currently available in Park Place ranging from $900 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 $900 to $3,600 with an average monthly rent of $2,081.
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 $4,649 to $4,649, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,650 to $2,250. Four Bedroom Single-Family rentals are also available starting from $900 and Four Bedroom Apartments start at $2,400.
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.
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.