Cheap Apartments for Rent in the Waters Edge Neighborhood of Norfolk, VA from $500 (64 Rentals)

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

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
property at 1346 Strand St

$1,095

Total Monthly Price

Total Monthly Price

Base Rent
$1,095

Total Monthly Price
$1,095

2 Bedroom Rentals

Available Now

1346 Strand St

NorfolkVA23513
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Pinewood Gardens Apartments
$1,261 - $1,781
Total Monthly Price

Total Monthly Price

Base Rent
$1,255 - $1,775
Required Monthly Fees
$6

Total Monthly Price
$1,261 - $1,781
1 to 3 Bedroom Apartments Available Oct 3

Pinewood Gardens Apartments

1731 E Little Creek RdNorfolk, VA 23518
Corporate Housing
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  • 3D Tour

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.

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East Beach Apartments
$1,368 - $1,398
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,269 - $1,299
Required Monthly Fees
$99

Total Monthly Price
$1,368 - $1,398
1 Bedroom Apartments Contact Us For Availability

East Beach Apartments

3914 Pleasant Ave 1ANorfolk, VA 23518
Affordability
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property at 9617 11th Bay St

$1,425

Total Monthly Price

Total Monthly Price

Base Rent
$1,425

Total Monthly Price
$1,425

2 Bedroom, 2 Bath Home for Rent

Available Aug 17

9617 11th Bay St

NorfolkVA23518
property at 9614 17th Bay St

$1,450

Total Monthly Price

Total Monthly Price

Base Rent
$1,450

Total Monthly Price
$1,450

2 Bedroom, 1 Bath Home for Rent

Available Now

9614 17th Bay St

NorfolkVA23518
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ReNew Little Creek
$1,465 - $3,379
Total Monthly Price

Total Monthly Price

Base Rent
$1,465 - $3,379

Total Monthly Price
$1,465 - $3,379
1 to 3 Bedroom Apartments Available Now

ReNew Little Creek

6450 Crescent WayNorfolk, VA 23513
Eco-Friendly
  • Verified
  • Customer Reviewed
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5th Bay Apartments
1 to 2 Bedroom Apartments

5th Bay Apartments

9545-9549 5th Bay StNorfolk, VA 23518
  • Utilities Included

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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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
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Sunrise Apartments
1 Bedroom Apartments

Sunrise Apartments

8426 Tidewater DrNorfolk, VA 23518
  • Utilities Included
property at 6352 Edward St

$900

Total Monthly Price

Total Monthly Price

Base Rent
$900

Total Monthly Price
$900

1 Bedroom, 1 Bath Home for Rent

Available Now

6352 Edward St

NorfolkVA23513
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Braywood Manor
1 to 2 Bedroom Apartments

Braywood Manor

7000 Auburn AveNorfolk, VA 23513
Senior Living
  • Utilities Included

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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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
property at 4802 Norvella Ave

$995

Total Monthly Price

Total Monthly Price

Base Rent
$995

Total Monthly Price
$995

2 Bedroom, 1 Bath Condo for Rent

Available Now

4802 Norvella Ave

NorfolkVA23513
property at 1350 Picadilly St

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000

Total Monthly Price
$1,000

2 Bedroom, 1 Bath Townhome for Rent

Available Now

1350 Picadilly St

NorfolkVA23513
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Azalea Garden
2 to 3 Bedroom Apartments

Azalea Garden

3148 Azalea Garden RdNorfolk, VA 23513
  • Utilities Included
property at 755 Guy Ave

$1,050

Total Monthly Price

Total Monthly Price

Base Rent
$1,050

Total Monthly Price
$1,050

1 Bedroom, 1 Bath Condo for Rent

Available Now

755 Guy Ave

NorfolkVA23505
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Elite Apartments
1 to 2 Bedroom Apartments

Elite Apartments

6512 N Military HwyNorfolk, VA 23518
  • Utilities Included

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.

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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 3841 Chatham Cir

$1,195

Total Monthly Price

Total Monthly Price

Base Rent
$1,195

Total Monthly Price
$1,195

2 Bedroom, 1 Bath Condo for Rent

Available Now

3841 Chatham Cir

NorfolkVA23513
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East Bay Apartments
1 to 3 Bedroom Apartments

East Bay Apartments

1826 Kingston AveNorfolk, VA 23503
  • Utilities Included
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 Now

7449 Fenner St

NorfolkVA23505

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.

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
Berkley Square Apartments2 Bedroom Apartment2BR,1BA$1,103
Crossroads LandingA1 - Renovated1BR,1BA$1,200
Woodmere TraceRenovated2BR,1BA$1,540
MeadowoodThe Sonoma2BR,2BA$1,800
Pelican Dock ApartmentsLake Front 2 Bed/2 Bath only a few hundred yard...2BR,2BA$1,814
ReNew Little CreekApex1BR,1BA$2,079
East Beach MarinaRio1BR,1BA$2,147
Marina VillaPier1BR,1BA$2,246

Best Value Apartments for Rent in Waters Edge, VA

As of August 05, 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 $1,540 with a $1.54 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 TraceRenovated2BR,1BA$1.54
Berkley Square Apartments2 Bedroom Apartment2BR,1BA$1.16
Pelican Dock ApartmentsLake Front 2 Bed/2 Bath only a few hundred yard...2BR,2BA$1.91
ReNew Little CreekApex1BR,1BA$2.28
6228-6240 Chesapeake Blvd2 Beds, 1 Baths2BR,1BA$1.05
Oakmont North Apartments3 x 13BR,1BA$1.23
Marina VillaPier1BR,1BA$3.48
Crossroads LandingA1 - Renovated1BR,1BA$1.90
East Beach MarinaRio1BR,1BA$3.86

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 #60

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

Pet Friendliness Lifestyle Score

3.0
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 $1,200 at Crossroads Landing.

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

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Beyond the Dorms: Finding the Best Off-Campus Living in Norfolk

Written by: James W. Vickers

Positioned at the southeastern corner of Virginia, Norfolk is a sprawling area with close ties to Virginia Beach to the east and Newport News across the Hampton Roads Bridge Tunnels to the north.

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.