
Cheap Homes for Rent in Waters Edge Neighborhood of Norfolk, VA from $800 (11 Rentals)
Search the lowest-cost Homes available for rent right now in the Waters Edge area of Norfolk.


1831 Kingston Ave

6352 Edward St

7433 Fenner St, Unit 7813-2

4802 Norvella Ave
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.

718 Lesner Ave, Unit 4

718 Lesner Ave, Unit 2

7449 Fenner St

405 Farrell St

1201 Tallwood St
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.

614 Dune St, Unit 1
Waters Edge, Norfolk, VA Local Guide

How much does it cost to rent a home in Waters Edge?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Waters Edge 2 Bedroom Homes for Rent | $1,955 | $1,050 | $2,995 |
| Waters Edge 3 Bedroom Homes for Rent | $2,376 | $1,875 | $3,000 |
| Waters Edge 4 Bedroom Homes for Rent | $2,798 | $2,095 | $4,000 |
Browse Homes for Rent in this Neighborhood
There are currently 11 rentals with your search options within a 2 mile radius of the Waters Edge Neighborhood of Norfolk, VA.
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Waters Edge, Norfolk, VA Local Guide
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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 |
| Brentwood Forest Apartments | 2 Bedroom/1 Bath/Garden - Brentwood Forest | 2BR,1BA | $1,120 |
| Crossroads Landing | A1 - Renovated | 1BR,1BA | $1,200 |
| Fenner Gardens Apartments | 1bd/1ba | 1BR,1BA | $1,294 |
Best Value Apartments for Rent in Waters Edge, VA
As of June 18, 2026 the best value apartment in the Waters Edge area is the $1.49 price per square foot Dover Model at ReNew Little Creek in the in the Foxhall neighborhood starting from $2,319. The second greatest value Waters Edge apartment is the The Vintage Model at Meadowood starting at $1,850 with a $1.50 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. |
|---|---|---|---|
| ReNew Little Creek | Dover | 3BR,2BA | $1.49 |
| Meadowood | The Vintage | 2BR,2BA | $1.50 |
| Woodmere Trace | Renovated | 2BR,1BA | $1.54 |
| Pleasant Village Apartments | The Island | 2BR,2BA | $1.56 |
| Pelican Dock Apartments | 2 bed, 2 bath Renovated | 2BR,2BA | $1.99 |
| 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 |
| Park Towne Apartments | Wind Song | 1BR,1BA | $1.96 |
| Crossroads Landing | A1 - Renovated | 1BR,1BA | $1.90 |
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 #81
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
Frequently Asked Questions about Waters Edge
What type of rentals are currently available in Waters Edge?
There are currently 178 Apartments for Rent in Waters Edge, VA with pricing that ranges from $999 to $4,001. There are also 45 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waters Edge ranging from $850 to $4,000.
What is the current price range for Rental Homes in Waters Edge?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Waters Edge ranges from $850 to $4,000 with an average monthly rent of $2,094.
How much are larger Three and Four Bedroom Rentals in Waters Edge?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Waters Edge range from $1,045 to $4,001, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,875 to $3,000. Four Bedroom Single-Family rentals are also available starting from $2,095 and Four Bedroom Apartments start at $1,830.
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.