
Cheap Apartments for Rent in the Young Terrace Neighborhood of Norfolk, VA from $400 (80 Rentals)
Search the lowest-cost Apartments available for rent right now in the Young Terrace area of Norfolk.


3313 Marne Ave

2606 Middle Ave

307 W 32nd St

316 W 31st St

1401 W 40th St

801 Greenway Ct, Unit 801 Greenway Ct. B-9

2540 Ballentine Blvd

3235 Flanders Ave

427 W 30th St
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.

3608 Omohundro Ave

Origin Circle at Kindred

Villa Terrace

Unity Place at Kindred

2930 Gate House Rd

The Rockefeller

Hague Towers

Total Monthly Price
1003 Colley Ave, Unit Floor 2

405 Clifton St

The Law Building
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.

234 W 27th St, Unit 3

1443 W 40th St

Village Pointe Apartments

Colonial Hall Apartments

Berkley Apartments

Reunion Senior Living at Kindred

The Banks at Berkley

Ballentine Lofts

Market Heights Apartments

886 A Ave
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.

The Broadmoor

3127 Argonne Ave

Delaware Plaza Apartments

The Lofts at 119

Mission College Apartments

3605 Killam Ave

3917 Bowdens Ferry Road

a2905L

3210 Llewellyn Ave

1015 Campostella Rd
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.

1406 W 27th St

Wayne & Stanfield Apartments

618-620 W Olney Rd

225 W 31st St

1023 W 38th St

812 W 27th St

951 Bellmore Ave

864 W 34th St

Clairmont at Campostella I

Taylor-Whittle Apartments
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.
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 | $1,581 | $975 | $1,950 |
| Young Terrace 1 Bedroom Apartments | $1,695 | $900 | $2,254 |
| Young Terrace 2 Bedroom Apartments | $2,071 | $1,000 | $3,139 |
| Young Terrace 3 Bedroom Apartments | $2,733 | $1,550 | $4,929 |
| Young Terrace 4 Bedroom Apartments | $2,300 | $2,000 | $2,600 |
Browse Apartments in this Neighborhood
There are currently 80 rentals with your search options within a 2 mile radius of the Young Terrace Neighborhood of Norfolk, VA.
See all Apartments in NorfolkExplore Norfolk
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 1 Bed unit found at Beacon 303 priced from $1,050. Bains Pointe has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,060. Here are the most affordable Young Terrace apartments for rent in Norfolk, VA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Beacon 303 | A1 | 1BR,1BA | $1,050 |
| Bains Pointe | 2 Bedroom 1.5 Bath | 2BR,1BA | $1,060 |
| Unity Place at Kindred | A3 | 1BR,1BA | $1,116 |
| Victory Square 55+ Senior Community | The Commodore | 1BR,1BA | $1,129 |
| 1100 Wilson Rd | 3BR | 3BR,1BA | $1,495 |
| Montgomery Square Apartments | 1G | 1BR,1BA | $1,499 |
Best Value Apartments for Rent in Young Terrace, VA
As of July 05, 2026 the best value apartment in the Young Terrace area is the $1.82 price per square foot Dunmore Model at Heritage at Freemason Harbour in the in the Dnc neighborhood starting from $2,425. The second greatest value Young Terrace apartment is the 3 Bdrm Model at Holley Pointe starting at $1,850 with a $1.53 price per square foot in the South Brambleton 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. |
|---|---|---|---|
| Heritage at Freemason Harbour | Dunmore | 3BR,2BA | $1.82 |
| Holley Pointe | 3 Bdrm | 3BR,2BA | $1.53 |
| Sterling King | THE COMMODORE | 2BR,2BA | $1.64 |
| Bains Pointe | 3 Bedroom 2 Bath | 3BR,2BA | $1.47 |
| 426 London St | 426 London St | 2BR,1BA | $1.14 |
| 708 W 36th St, Unit 1 | 708 W 36th St | 2BR,1BA | $1.40 |
| 1100 Wilson Rd | 3BR | 3BR,1.5BA | $1.66 |
| Harbor Vista at Crawford Street | Aurora | 1BR,1BA | $1.94 |
| 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 $1,050 at Beacon 303.
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 $1,060 at Bains Pointe.
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

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.

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.

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.