Cheap Homes for Rent in Young Terrace Neighborhood of Norfolk, VA from $800 (18 Rentals)

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Search the lowest-cost Homes available for rent right now in the Young Terrace area of Norfolk.

property at 2606 Middle Ave

$850 - $1,000

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$850 - $1,000

Total Monthly Price
$850 - $1,000

1 Bedroom, 1.5 Bath Home for Rent

Available Now

2606 Middle Ave

NorfolkVA23504
property at 2540 Ballentine Blvd

$1,000

Total Monthly Price6 Month Lease Term

Total Monthly Price

Base Rent
$1,000

Total Monthly Price
$1,000

1 Bedroom, 1.5 Bath Home for Rent

Available Now

2540 Ballentine Blvd

NorfolkVA23509
property at 742 Lexington St

$1,075

Total Monthly Price

Total Monthly Price

Base Rent
$1,075

Total Monthly Price
$1,075

2 Bedroom, 1 Bath Home for Rent

Available Now

742 Lexington St

NorfolkVA23504
property at 623 W 28th St

$1,085

Total Monthly Price

Total Monthly Price

Base Rent
$1,085

Total Monthly Price
$1,085

1 Bedroom, 1 Bath Condo for Rent

Available Jun 1

623 W 28th St

NorfolkVA23508
property at 754 Fremont St

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100

2 Bedroom, 1 Bath Condo for Rent

Available Now

754 Fremont St

NorfolkVA23504

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 1003 Green St

$1,195

Total Monthly Price

Total Monthly Price

Base Rent
$1,195

Total Monthly Price
$1,195

2 Bedroom, 1.5 Bath Condo for Rent

Available Now

1003 Green St

PortsmouthVA23704
property at 915 Green St

$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 May 22

915 Green St

PortsmouthVA23704
property at 1510 Wilson Rd

$1,200

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

3 Bedroom, 1 Bath Condo for Rent

Available Now

1510 Wilson Rd, Unit 3, Unit 3

1510 Wilson Rd
NorfolkVA23523
property at 1510 Wilson Rd

$1,200

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

2 Bedroom, 1 Bath Condo for Rent

Available Now

1510 Wilson Rd, Unit 5, Unit 5

1510 Wilson Rd
NorfolkVA23523

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 1510 Wilson Rd

$1,325

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,325

Total Monthly Price
$1,325

2 Bedroom, 1 Bath Condo for Rent

Available Now

1510 Wilson Rd, Unit 1, Unit 1

1510 Wilson Rd
NorfolkVA23523
property at 3320 Lyons Ave

$1,395

Total Monthly Price

Total Monthly Price

Base Rent
$1,395

Total Monthly Price
$1,395

2 Bedroom, 1 Bath Condo for Rent

Available Now

3320 Lyons Ave

NorfolkVA23509
property at 840 W 43rd St

$1,465

Total Monthly Price

Total Monthly Price

Base Rent
$1,465

Total Monthly Price
$1,465

2 Bedroom, 1 Bath Townhome for Rent

Available Jul 10

840 W 43rd St

NorfolkVA23508

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.

Young Terrace, Norfolk, VA Local Guide

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 Holley Pointe priced from $507. Bains Pointe has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,010. Here are the most affordable Young Terrace apartments for rent in Norfolk, VA:

Apartment ListingModel NameBed/BathPriced From
Holley Pointe2 Bdrm2BR,1BA$507
Bains Pointe2 Bedroom 1.5 Bath2BR,1BA$1,010
Beacon 303A11BR,1BA$1,050
Victory Square 55+ Senior CommunityThe Commodore1BR,1BA$1,115
Unity Place at KindredA31BR,1BA$1,116

Best Value Apartments for Rent in Young Terrace, VA

As of May 21, 2026 the best value apartment in the Young Terrace area is the $1.49 price per square foot 3 Bdrm Model at Holley Pointe in the in the South Brambleton neighborhood starting from $1,797. The second greatest value Young Terrace apartment is the 364 Middle St Model at 364 Middle St, Unit #3 starting at $1,528 with a $1.27 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Holley Pointe3 Bdrm3BR,2BA$1.49
364 Middle St, Unit #3364 Middle St2BR,1BA$1.27
Sterling KingTHE COMMODORE2BR,2BA$1.60
Bains Pointe3 Bedroom 2 Bath3BR,2BA$1.40
426 London St426 London St2BR,1BA$1.14
The Banks at Berkley3 Bdrm3BR,2BA$1.25
Origin Circle at Kindred2BR2BR,1BA$1.26
708 W 36th St, Unit 1708 W 36th St2BR,1BA$1.40
811 East 30th Street2/12BR,1BA$1.50
Unity Place at KindredA21BR,1BA$1.59

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.

Read Article
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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.

Read Article
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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
Young Terrace, Norfolk, VA

Ranked #8

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Young Terrace

What type of rentals are currently available in Young Terrace?

There are currently 354 Apartments for Rent in Young Terrace, VA with pricing that ranges from $975 to $5,855. There are also 88 Single Family Homes for rent, Condos, and Townhome rentals currently available in Young Terrace ranging from $850 to $5,200.

What is the current price range for Rental Homes in Young Terrace?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Young Terrace ranges from $850 to $5,200 with an average monthly rent of $2,724.

How much are larger Three and Four Bedroom Rentals in Young Terrace?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Young Terrace range from $1,395 to $5,855, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,200 to $3,000. Four Bedroom Single-Family rentals are also available starting from $2,295 and Four Bedroom Apartments start at $2,200.

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.