Cheap Apartments for Rent in the Waters Edge Neighborhood of Norfolk, VA from $500 (57 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Waters Edge area of Norfolk.

property at 7433 Fenner St

$999

Total Monthly Price

Total Monthly Price

Base Rent
$999

Total Monthly Price
$999

1 Bedroom, 1 Bath Home for Rent

Available Now

7433 Fenner St

NorfolkVA23505
property at 2642 E Ocean View Ave

$1,025

Total Monthly Price

Total Monthly Price

Base Rent
$1,025

Total Monthly Price
$1,025

1 Bedroom, 1 Bath Home for Rent

Available Now

2642 E Ocean View Ave

NorfolkVA23518

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.

property at 4314 Dunning Rd

$1,195

Total Monthly Price

Total Monthly Price

Base Rent
$1,195

Total Monthly Price
$1,195

2 Bedroom, 1 Bath Home for Rent

Available Now

4314 Dunning Rd

NorfolkVA23518
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Pinewood Gardens Apartments
$1,266 - $1,781
Total Monthly Price

Total Monthly Price

Base Rent
$1,260 - $1,775
Required Monthly Fees
$6

Total Monthly Price
$1,266 - $1,781
1 to 3 Bedroom Apartments Available Aug 7

Pinewood Gardens Apartments

1731 E Little Creek RdNorfolk, VA 23518
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
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Fenner Gardens Apartments
$1,294 - $1,324
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,169 - $1,199
Required Monthly Fees
$125

Total Monthly Price
$1,294 - $1,324
1 Bedroom Apartments Available Now

Fenner Gardens Apartments

7433 Fenner StNorfolk, VA 23505
Student Housing
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  • Smoke Free
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East Beach Apartments
Rent Specials
$1,318 - $1,348
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,219 - $1,249
Required Monthly Fees
$99

Total Monthly Price
$1,318 - $1,348
1 Bedroom Apartments Available Now

East Beach Apartments

3914 Pleasant Ave 1ANorfolk, VA 23518
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour

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.

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5th Bay Apartments
1 to 2 Bedroom Apartments

5th Bay Apartments

9545-9549 5th Bay StNorfolk, VA 23518
  • Utilities Included
property at 405 Farrell St

$750

Total Monthly Price

Total Monthly Price

Base Rent
$750

Total Monthly Price
$750

1 Bedroom, 1 Bath Condo for Rent

Available Now

405 Farrell St

NorfolkVA23503
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Sand Beach Towers
1 to 2 Bedroom Apartments

Sand Beach Towers

9611 20th Bay StNorfolk, VA 23518
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Lois Lane Apartments
2 Bedroom Apartments

Lois Lane Apartments

1415-1419 Lois LnNorfolk, VA 23513
  • Utilities Included
property at 1831 Kingston Ave

$895

Total Monthly Price

Total Monthly Price

Base Rent
$895

Total Monthly Price
$895

1 Bedroom, 1 Bath Condo for Rent

Available Jun 27

1831 Kingston Ave

NorfolkVA23503

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Sunrise Apartments
1 Bedroom Apartments

Sunrise Apartments

8426 Tidewater DrNorfolk, VA 23518
  • Utilities Included
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Braywood Manor
1 to 2 Bedroom Apartments

Braywood Manor

7000 Auburn AveNorfolk, VA 23513
Senior Living
  • Utilities Included
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9633 20th Bay St
2 Bedroom Apartments

9633 20th Bay St

9633 20th Bay StNorfolk, VA 23518
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Miramar Apartments
1 to 3 Bedroom Apartments

Miramar Apartments

7131 Sewells Point RdNorfolk, VA 23513
  • Utilities Included
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1111 Hugo St
2 Bedroom Apartments

1111 Hugo St

1111 Hugo StNorfolk, VA 23513
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Azalea Garden
2 to 3 Bedroom Apartments

Azalea Garden

3148 Azalea Garden RdNorfolk, VA 23513
  • Utilities Included
property at 4802 Norvella Ave

$1,050

Total Monthly Price

Total Monthly Price

Base Rent
$1,050

Total Monthly Price
$1,050

2 Bedroom, 1 Bath Condo for Rent

Available Now

4802 Norvella Ave

NorfolkVA23513
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Elite Apartments
1 to 2 Bedroom Apartments

Elite Apartments

6512 N Military HwyNorfolk, VA 23518
  • Utilities Included

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.

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Bayview Terrace
1 to 2 Bedroom Apartments

Bayview Terrace

8500 Tidewater DrNorfolk, VA 23503
  • Utilities Included
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OV Retreat
1 to 2 Bedroom Apartments

OV Retreat

2019 E Ocean View AveNorfolk, VA 23503
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1129 Green St
1 Bedroom Apartments

1129 Green St

1129 Green StNorfolk, VA 23513
property at 7449 Fenner St

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

2 Bedroom, 1 Bath Condo for Rent

Available Jul 15

7449 Fenner St

NorfolkVA23505
property at 1201 Tallwood St

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

1 Bedroom, 1 Bath Condo for Rent

Available Now

1201 Tallwood St

NorfolkVA23518

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Waters Edge, Norfolk, VA Local Guide

Cheapest Available Waters Edge Apartments for Rent

 

The cheapest available apartment rental in the Waters Edge area of Norfolk, VA is a 2 Beds unit found at 6228-6240 Chesapeake Blvd priced from $925. Oakmont North Apartments has the second lowest priced unit, which is a 3 Beds apartment currently listed from $1,045. Here are the most affordable Waters Edge apartments for rent in Norfolk, VA:

Apartment ListingModel NameBed/BathPriced From
6228-6240 Chesapeake Blvd2 Beds, 1 Baths2BR,1BA$925
Oakmont North Apartments3 x 13BR,1BA$1,045
Fenner Gardens Apartments1bd/1ba1BR,1BA$1,294
2065 E Ocean View Ave1 Beds, 1 Baths1BR,1BA$1,295
East Beach Apartments1bd/1ba1BR,1BA$1,318
Park Towne ApartmentsWind Song1BR,1BA$1,340
Pleasant Village ApartmentsThe Beach2BR,2BA$1,350
Crossroads Landing EastB2 - Renovated2BR,1BA$1,400
Woodmere TraceRenovated w/ W/D2BR,1BA$1,675
Brittany Place ApartmentsRenovated Orchid2BR,2BA$1,735

Best Value Apartments for Rent in Waters Edge, VA

As of June 21, 2026 the best value apartment in the Waters Edge area is the $1.50 price per square foot The Vintage Model at Meadowood in the in the Foxhall neighborhood starting from $1,850. The second greatest value Waters Edge apartment is the Renovated w/ W/D Model at Woodmere Trace starting at $1,675 with a $1.52 price per square foot in the Foxhall neighborhood. Here is today’s list of the best values for Waters Edge apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
MeadowoodThe Vintage2BR,2BA$1.50
Woodmere TraceRenovated w/ W/D2BR,1BA$1.52
Pleasant Village ApartmentsThe Island2BR,2BA$1.56
Brittany Place ApartmentsRenovated Orchid2BR,2BA$1.83
Pelican Dock ApartmentsLake Front 2 Bed/2 Bath only a few hundred yard...2BR,2BA$1.91
6228-6240 Chesapeake Blvd2 Beds, 1 Baths2BR,1BA$1.05
Oakmont North Apartments3 x 13BR,1BA$1.23
Crossroads Landing EastB2 - Renovated2BR,1BA$1.93
Park Towne ApartmentsWind Song1BR,1BA$1.96
2065 E Ocean View Ave1 Beds, 1 Baths1BR,1BA$2.16

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.

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Real 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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Quick 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 Lifestyle
Waters Edge, Norfolk, VA

Ranked #82

Among cities in Virginia for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Lifestyle Ratings

Our team compares millions of points of data to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of neighborhoods, cities, and rental properties across Virginia including Waters Edge, Norfolk, and the greater Norfolk area. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including rankings of the best places for the best proximity to parks and outdoor amenities, luxury amenities, kid and pet-friendly communities, availability of transit options, and how walkable or bikeable each community and area is. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Waters Edge Apartments

How much is rent for a Cheap One Bedroom Waters Edge Apartment?

The lowest price for a Cheap One Bedroom Waters Edge Apartment is $1,294 at Fenner Gardens Apartments.

What is the lowest price for a Cheap Two Bedroom Waters Edge Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Waters Edge is starting from $925 at 6228-6240 Chesapeake Blvd.

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

decorative image for The Best Affordable Neighborhoods for Renters in Norfolk, VA: Great Price Meets Quality of Life article

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.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

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.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.