Cheap Apartments for Rent in the Waters Edge Neighborhood of Norfolk, VA from $500 (65 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

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

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

2 Bedroom, 1 Bath Home for Rent

Available Now

4314 Dunning Rd

NorfolkVA23518
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Pinewood Gardens Apartments
$1,236 - $1,781
Total Monthly Price

Total Monthly Price

Base Rent
$1,230 - $1,775
Required Monthly Fees
$6

Total Monthly Price
$1,236 - $1,781
1 to 3 Bedroom Apartments Available May 7

Pinewood Gardens Apartments

1731 E Little Creek RdNorfolk, VA 23518
Corporate Housing
  • Verified
  • Customer Reviewed
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East Beach Apartments
Rent Specials
$1,268 - $1,348
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,169 - $1,249
Required Monthly Fees
$99

Total Monthly Price
$1,268 - $1,348
Studio to 1 Bedroom Apartments Available Now

East Beach Apartments

3914 Pleasant Ave 1ANorfolk, VA 23518
Affordability
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  • Customer Reviewed
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Fenner Gardens Apartments
Rent Specials
$1,294 - $1,524
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,169 - $1,399
Required Monthly Fees
$125

Total Monthly Price
$1,294 - $1,524
1 to 2 Bedroom Apartments Available Now

Fenner Gardens Apartments

7433 Fenner StNorfolk, VA 23505
Student Housing
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property at 9611 11th Bay St

$1,350

Total Monthly Price

Total Monthly Price

Base Rent
$1,350

Total Monthly Price
$1,350

2 Bedroom, 1 Bath Home for Rent

Available Jul 1

9611 11th Bay St

NorfolkVA23518

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.

property at 7996 Diggs Rd

$1,375

Total Monthly Price

Total Monthly Price

Base Rent
$1,375

Total Monthly Price
$1,375

3 Bedroom Rentals

Available Now

7996 Diggs Rd

NorfolkVA23505
property at 9617 11th Bay St

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400

Total Monthly Price
$1,400

2 Bedroom, 2 Bath Home for Rent

Available Now

9617 11th Bay St

NorfolkVA23518
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5th Bay Apartments
1 to 2 Bedroom Apartments

5th Bay Apartments

9545-9549 5th Bay StNorfolk, VA 23518
  • Utilities Included
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Sand Beach Towers
1 to 2 Bedroom Apartments

Sand Beach Towers

9611 20th Bay StNorfolk, VA 23518

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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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
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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

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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Azalea Garden
2 to 3 Bedroom Apartments

Azalea Garden

3148 Azalea Garden RdNorfolk, VA 23513
  • Utilities Included
property at 4865 Hampshire Ave

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000

Total Monthly Price
$1,000

1 Bedroom, 1 Bath Home for Rent

Available Now

4865 Hampshire Ave

NorfolkVA23513
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Elite Apartments
1 to 2 Bedroom Apartments

Elite Apartments

6512 N Military HwyNorfolk, VA 23518
  • Utilities Included
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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
property at 1201 Tallwood St

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100

1 Bedroom, 1 Bath Condo for Rent

Available Jun 1

1201 Tallwood St

NorfolkVA23518
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1129 Green St
1 Bedroom Apartments

1129 Green St

1129 Green StNorfolk, VA 23513

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

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
Brentwood Forest Apartments2 Bedroom/1 Bath/Garden - Brentwood Forest2BR,1BA$1,120
East Beach ApartmentsStudioStudio,1BA$1,268
Crossroads Landing EastB2 - Renovated2BR,1BA$1,275
Fenner Gardens Apartments1bd/1ba1BR,1BA$1,294
Park Towne ApartmentsWind Song1BR,1BA$1,340
Pleasant Village ApartmentsThe Beach2BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
MeadowoodThe Vintage2BR,2BA$1.50
Woodmere TraceRenovated2BR,1BA$1.70
Pleasant Village ApartmentsThe Beach2BR,2BA$1.41
Crossroads LandingB1 - Renovated2BR,1BA$1.45
Berkley Square Apartments2 Bedroom Apartment2BR,1BA$1.16
1254 Pall Mall St, Unit A1254 Pall Mall St2BR,1BA$1.07
6228-6240 Chesapeake Blvd2 Beds, 1 Baths2BR,1BA$1.05
Brentwood Forest Apartments2 Bedroom/1.5 Bath/Townhouse2BR,1.5BA$1.33
Oakmont North Apartments3 x 13BR,1BA$1.23
9517 5th Bay St #A9517 5th Bay St #A2BR,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.

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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 #92

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.

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

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 A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

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.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.