
Cheap Apartments for Rent in the Waters Edge Neighborhood of Norfolk, VA from $500 (65 Rentals)
Search the lowest-cost Apartments available for rent right now in the Waters Edge area of Norfolk.


1112 Templar Blvd

6352 Edward St

Total Monthly Price
1254 Pall Mall St, Unit A, Unit A

2642 E Ocean View Ave

Oakmont North Apartments

Berkley Square Apartments

Brentwood Forest Apartments

Dundale Square

3914 Pleasant Ave, Unit 3
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

Total Monthly Price
Pinewood Gardens Apartments

3914 Pleasant Ave, Unit 1

Total Monthly Price
East Beach Apartments

Crossroads Landing East

Total Monthly Price
Fenner Gardens Apartments

Park Towne Apartments

Woodmere Trace

9611 11th Bay St

Pleasant Village Apartments
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.

Crossroads Landing

7996 Diggs Rd

3914 Pleasant Ave, Unit 2

9617 11th Bay St

Second Oakmont Townhouses

Lansdale Garden Apartments

5th Bay Apartments

Kennebeck Apartments

Twin Gardens Apartments

Sand Beach Towers
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.

Lois Lane Apartments

8450 Tidewater Dr

1859 Kingston Ave

Sunrise Apartments

Braywood Manor

6228-6240 Chesapeake Blvd

Sandy Beach Apartments

9633 20th Bay St

Miramar Apartments

1111 Hugo St
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.

Azalea Garden

4865 Hampshire Ave

Elite Apartments

Park Terrace Apartments

Bayview Terrace

OV Retreat

3529 Dominion Ave

1201 Tallwood St

Cedarbird Point Apartments

1129 Green St
The Best Affordable Neighborhoods for Renters in Norfolk, VA: Great Price Meets Quality of Life
Discover Norfolk, VA's best affordable rental neighborhoods like Ghent & Downtown. Enjoy a low cost of living, top schools, vibrant arts, and waterfront views while renting.
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 | $1,322 | $1,199 | $1,485 |
| Waters Edge 1 Bedroom Apartments | $1,779 | $1,025 | $3,830 |
| Waters Edge 2 Bedroom Apartments | $1,946 | $950 | $3,069 |
| Waters Edge 3 Bedroom Apartments | $2,399 | $1,045 | $3,485 |
| Waters Edge 4 Bedroom Apartments | $2,111 | $1,830 | $2,600 |
Browse Apartments in this Neighborhood
There are currently 65 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 |
| Berkley Square Apartments | 2 Bedroom Apartment | 2BR,1BA | $1,103 |
| Brentwood Forest Apartments | 2 Bedroom/1 Bath/Garden - Brentwood Forest | 2BR,1BA | $1,120 |
| East Beach Apartments | Studio | Studio,1BA | $1,268 |
| Crossroads Landing East | B2 - Renovated | 2BR,1BA | $1,275 |
| Fenner Gardens Apartments | 1bd/1ba | 1BR,1BA | $1,294 |
| Park Towne Apartments | Wind Song | 1BR,1BA | $1,340 |
| Pleasant Village Apartments | The Beach | 2BR,2BA | $1,350 |
Best Value Apartments for Rent in Waters Edge, VA
As of May 07, 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 Model at Woodmere Trace starting at $1,698 with a $1.70 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 | 2BR,1BA | $1.70 |
| Pleasant Village Apartments | The Beach | 2BR,2BA | $1.41 |
| Crossroads Landing | B1 - Renovated | 2BR,1BA | $1.45 |
| Berkley Square Apartments | 2 Bedroom Apartment | 2BR,1BA | $1.16 |
| 1254 Pall Mall St, Unit A | 1254 Pall Mall St | 2BR,1BA | $1.07 |
| 6228-6240 Chesapeake Blvd | 2 Beds, 1 Baths | 2BR,1BA | $1.05 |
| Brentwood Forest Apartments | 2 Bedroom/1.5 Bath/Townhouse | 2BR,1.5BA | $1.33 |
| Oakmont North Apartments | 3 x 1 | 3BR,1BA | $1.23 |
| 9517 5th Bay St #A | 9517 5th Bay St #A | 2BR,1BA | $1.76 |
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 #92
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.
What is the most affordable Waters Edge Three Bedroom Apartment?
The best deal on a cheap Waters Edge Three Bedroom Apartment rental is at Oakmont North Apartments and starts from $1,045.
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.