
Cheap Apartments for Rent in the Waters Edge Neighborhood of Norfolk, VA from $500 (57 Rentals)
Search the lowest-cost Apartments available for rent right now in the Waters Edge area of Norfolk.


6352 Edward St

7433 Fenner St

2642 E Ocean View Ave

Oakmont North Apartments

Brentwood Forest Apartments

Berkley Square Apartments

718 Lesner Ave, Unit 4

718 Lesner Ave, Unit 2

Dundale Square
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.

4314 Dunning Rd

Woodmere Trace

Crossroads Landing

Total Monthly Price
Pinewood Gardens Apartments

Total Monthly Price
Fenner Gardens Apartments

Total Monthly Price
East Beach Apartments

Park Towne Apartments

Pleasant Village Apartments

Crossroads Landing East

Second Oakmont Townhouses
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.

Lansdale Garden Apartments

5th Bay Apartments

405 Farrell St

Kennebeck Apartments

Twin Gardens Apartments

Sand Beach Towers

Lois Lane Apartments

8450 Tidewater Dr

1859 Kingston Ave

1831 Kingston Ave
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.

Sunrise Apartments

Braywood Manor

6228-6240 Chesapeake Blvd

Sandy Beach Apartments

9633 20th Bay St

Miramar Apartments

1111 Hugo St

Azalea Garden

4802 Norvella Ave

Elite Apartments
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.

Park Terrace Apartments

Bayview Terrace

OV Retreat

3529 Dominion Ave

Cedarbird Point Apartments

1129 Green St

Rosedale Apartments

Fisherman's Landing

7449 Fenner St

1201 Tallwood St
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

How much does it cost to rent an apartment in Waters Edge?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Waters Edge Studio Apartments | $1,485 | $1,485 | $1,485 |
| Waters Edge 1 Bedroom Apartments | $1,781 | $999 | $3,830 |
| Waters Edge 2 Bedroom Apartments | $2,066 | $1,103 | $3,169 |
| Waters Edge 3 Bedroom Apartments | $2,269 | $1,045 | $4,001 |
| Waters Edge 4 Bedroom Apartments | $2,565 | $1,830 | $3,300 |
Browse Apartments in this Neighborhood
There are currently 57 rentals with your search options within a 2 mile radius of the Waters Edge Neighborhood of Norfolk, VA.
See all Apartments in NorfolkExplore Norfolk
Waters Edge, Norfolk, VA Local Guide
- Nearby Norfolk neighborhoods
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 6228-6240 Chesapeake Blvd | 2 Beds, 1 Baths | 2BR,1BA | $925 |
| Oakmont North Apartments | 3 x 1 | 3BR,1BA | $1,045 |
| Fenner Gardens Apartments | 1bd/1ba | 1BR,1BA | $1,294 |
| 2065 E Ocean View Ave | 1 Beds, 1 Baths | 1BR,1BA | $1,295 |
| East Beach Apartments | 1bd/1ba | 1BR,1BA | $1,318 |
| Park Towne Apartments | Wind Song | 1BR,1BA | $1,340 |
| Pleasant Village Apartments | The Beach | 2BR,2BA | $1,350 |
| Crossroads Landing East | B2 - Renovated | 2BR,1BA | $1,400 |
| Woodmere Trace | Renovated w/ W/D | 2BR,1BA | $1,675 |
| Brittany Place Apartments | Renovated Orchid | 2BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Meadowood | The Vintage | 2BR,2BA | $1.50 |
| Woodmere Trace | Renovated w/ W/D | 2BR,1BA | $1.52 |
| Pleasant Village Apartments | The Island | 2BR,2BA | $1.56 |
| Brittany Place Apartments | Renovated Orchid | 2BR,2BA | $1.83 |
| Pelican Dock Apartments | Lake Front 2 Bed/2 Bath only a few hundred yard... | 2BR,2BA | $1.91 |
| 6228-6240 Chesapeake Blvd | 2 Beds, 1 Baths | 2BR,1BA | $1.05 |
| Oakmont North Apartments | 3 x 1 | 3BR,1BA | $1.23 |
| Crossroads Landing East | B2 - Renovated | 2BR,1BA | $1.93 |
| Park Towne Apartments | Wind Song | 1BR,1BA | $1.96 |
| 2065 E Ocean View Ave | 1 Beds, 1 Baths | 1BR,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.
Read ArticleDon'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.
Pet Friendly LifestyleWaters Edge, Norfolk, VA
Ranked #82
Among cities in Virginia for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Best Local Schools in Waters Edge, Norfolk, VA
School data provided by Great Schools
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

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.

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.

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.