
Cheap Apartments for Rent in the Young Terrace Neighborhood of Norfolk, VA from $400 (101 Rentals)
Search the lowest-cost Apartments available for rent right now in the Young Terrace area of Norfolk.


316 W 31st St

801 Greenway Ct, Unit B-5

1807 Springfield Ave

3608 Omohundro Ave

842 C Ave, Unit Huntersville Evergreen

Origin Circle at Kindred

Villa Terrace

Unity Place at Kindred

244 E 40th 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.

1401 W 40th St

724 W 35th St

Total Monthly Price
222 W 34th St, Unit Apartment B

The Rockefeller

Hague Towers

405 Clifton St

1611 Hampton Blvd, Unit B9

The Law Building

635 W 26th St

234 W 27th St, Unit 3
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.

The James

Pembroke Towers

2401 Ruffin St

Total Monthly Price
308 31st W St, Unit F

Total Monthly Price
708 W 36th St, Unit 1

Kinship at Kindred

2401 Ruffin St

770 Fremont St, Unit B

1100 Wilson Rd

110-112 W 34th St
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.

241 Granby St

Village Pointe Apartments

Colonial Hall Apartments

Berkley Apartments

The Banks at Berkley

Ballentine Lofts

Market Heights Apartments

Reunion Senior Living at Kindred

886 A Ave

The Broadmoor
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.

3127 Argonne Ave

Delaware Plaza Apartments

The Lofts at 119

Mission College Apartments

3917 Bowdens Ferry Road

1015 Campostella Rd

a2905L

3210 Llewellyn Ave

618-620 W Olney Rd

Wayne & Stanfield Apartments
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.
Young Terrace, Norfolk, VA Local Guide

How much does it cost to rent an apartment in Young Terrace?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Young Terrace Studio Apartments | $1,598 | $900 | $1,948 |
| Young Terrace 1 Bedroom Apartments | $1,689 | $1,050 | $2,489 |
| Young Terrace 2 Bedroom Apartments | $2,043 | $1,103 | $3,149 |
| Young Terrace 3 Bedroom Apartments | $2,454 | $667 | $4,649 |
| Young Terrace 4 Bedroom Apartments | $2,589 | $1,900 | $2,999 |
Browse Apartments in this Neighborhood
There are currently 101 rentals with your search options within a 2 mile radius of the Young Terrace Neighborhood of Norfolk, VA.
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Young Terrace, Norfolk, VA Local Guide
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Cheapest Available Young Terrace Apartments for Rent
 The cheapest available apartment rental in the Young Terrace area of Norfolk, VA is a 2 Beds unit found at 201 W 34th Street priced from $995. Holley Pointe has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,055. Here are the most affordable Young Terrace apartments for rent in Norfolk, VA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 201 W 34th Street | 2BR/1.0BA | 2BR,1BA | $995 |
| Holley Pointe | 2 Bdrm | 2BR,1BA | $1,055 |
| Unity Place at Kindred | A3 | 1BR,1BA | $1,116 |
| Victory Square 55+ Senior Community | The Commodore | 1BR,1BA | $1,129 |
| Beacon 303 | A1 | 1BR,1BA | $1,175 |
| Kinship at Kindred | Bldg C4-C4.1.1- 1 Bed + 1 Bath | 1BR,1BA | $1,428 |
Best Value Apartments for Rent in Young Terrace, VA
As of August 20, 2026 the best value apartment in the Young Terrace area is the $1.53 price per square foot 3 Bdrm Model at Holley Pointe in the in the South Brambleton neighborhood starting from $1,850. The second greatest value Young Terrace apartment is the 426 London St Model at 426 London St starting at $1,250 with a $1.14 price per square foot in the Dnc neighborhood. Here is today’s list of the best values for Young Terrace apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Holley Pointe | 3 Bdrm | 3BR,2BA | $1.53 |
| 426 London St | 426 London St | 2BR,1BA | $1.14 |
| 708 W 36th St, Unit 1 | 708 W 36th St | 2BR,1BA | $1.40 |
| Crossroads Townhomes | 2 Bedroom 2.5 bath Townhome - Renovated | 2BR,2.5BA | $1.62 |
| Bains Pointe | 2 Bedroom 1.5 Bath | 2BR,1.5BA | $1.62 |
| 1100 Wilson Rd | 3BR | 3BR,1.5BA | $1.66 |
| 201 W 34th Street | 2BR/1.0BA | 2BR,1BA | $1.33 |
| 222 W 34th St, Unit Apartment B | 222 W 34th St | 2BR,1BA | $1.66 |
| Unity Place at Kindred | A2 | 1BR,1BA | $1.59 |
| Victory Square 55+ Senior Community | The Commodore | 1BR,1BA | $1.67 |
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 LifestyleYoung Terrace, Norfolk, VA
Ranked #7
Among cities in Virginia for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Lifestyle Ratings
ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of neighborhoods, cities, and rental properties across Virginia including Young Terrace, 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 proximity to parks, luxury amenities, pet-friendly features, family-friendly amenities, proximity to transit, walking, and biking. These search options are in the site filters at the top of this page.
Frequently Asked Questions about Cheap Young Terrace Apartments
How much is rent for a Cheap One Bedroom Young Terrace Apartment?
The lowest price for a Cheap One Bedroom Young Terrace Apartment is $1,116 at Unity Place at Kindred.
What is the lowest price for a Cheap Two Bedroom Young Terrace Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Young Terrace is starting from $995 at 201 W 34th Street.
What is the most affordable Young Terrace Three Bedroom Apartment?
The best deal on a cheap Young Terrace Three Bedroom Apartment rental is at 1100 Wilson Rd and starts from $1,495.
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

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.

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.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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.