3605 Killam Ave
NorfolkVA23508
Cheap Homes for Rent in Park Place Neighborhood of Norfolk, VA from $900 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the Park Place area of Norfolk.
623 W 28th St
NorfolkVA23508
3608 Omohundro Ave, Unit 3608-b, Unit 3608-b
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.
309 W 26th St
NorfolkVA23517
3601 Omohundro Ave
NorfolkVA23504
1005 Woodrow Ave
NorfolkVA23507
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.
Showing Results 1-6, 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 | $1,720 | $1,525 | $1,975 |
| Park Place 3 Bedroom Homes for Rent | $2,323 | $2,000 | $2,550 |
| Park Place 4 Bedroom Homes for Rent | $2,550 | $2,200 | $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 6 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
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Brightleaf Building | The Brightleaf Building 221 | 1BR,1BA | $1,547 |
| First Colony Flats | First Colony Flats Unit 110 | 1BR,1BA | $1,629 |
Best Value Apartments for Rent in Park Place, VA
As of May 27, 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 The Brightleaf Building 301 Model at The Brightleaf Building starting at $1,709 with a $2.53 price per square foot in the South Brambleton 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 |
| The Brightleaf Building | The Brightleaf Building 301 | 1BR,1BA | $2.53 |
| First Colony Flats | First Colony Flats Unit 110 | 1BR,1BA | $2.45 |
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 Article
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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If you’re an expert on all things Park Place, tell us what you love (and don't) by rating it and writing a review.
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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 77 Apartments for Rent in Park Place, VA with pricing that ranges from $1,295 to $5,216. There are also 17 Single Family Homes for rent, Condos, and Townhome rentals currently available in Park Place ranging from $950 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 $950 to $3,600 with an average monthly rent of $2,243.
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.
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.