Cheap Homes for Rent in Young Terrace Neighborhood of Norfolk, VA from $700 (17 Rentals)

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

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.

property at 3901 Newport Ave

3901 Newport Ave

NorfolkVA23508

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

property at 1510 Wilson Rd

1510 Wilson Rd

NorfolkVA23523
property at 424 London St

424 London St

PortsmouthVA23704
property at 409 Glasgow St

409 Glasgow St

PortsmouthVA23704

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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 Reunion Senior Living at Kindred priced from $828. Pelham Place has the second lowest priced unit, which is a Studio apartment currently listed from $900. Here are the most affordable Young Terrace apartments for rent in Norfolk, VA:

Apartment ListingModel NameBed/BathPriced From
Reunion Senior Living at Kindred2BR2BR,1BA$828
Pelham PlacestudioStudio,1BA$900
The Lafayette ApartmentsThe GhentStudio,1BA$959
Beacon 303A11BR,1BA$1,009
Villa TerraceTwo Bedroom2BR,1BA$1,099

Best Value Apartments for Rent in Young Terrace, VA

As of June 11, 2025 the best value apartment in the Young Terrace area is the $1.27 price per square foot 1520 Prentis Ave Model at 1520 Prentis Ave, Unit 4 in the in the Beacon Light neighborhood starting from $1,750. The second greatest value Young Terrace apartment is the 3941 Omohundro Ave Model at 3941 Omohundro Ave, Unit B starting at $1,700 with a $1.50 price per square foot in the Edgewater 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.
1520 Prentis Ave, Unit 41520 Prentis Ave3BR,1BA$1.27
3941 Omohundro Ave, Unit B3941 Omohundro Ave2BR,1BA$1.50
Reunion Senior Living at Kindred2BR2BR,1BA$0.74
Harbor Tower ApartmentsD/H2BR,2BA$1.60
211 W 29th St, Unit 1211 W 29th St2BR,1BA$1.18
Crossroads Townhomes2 Bedroom 2.5 Bath Townhome - Classic2BR,2.5BA$1.42
863 Johnson Ave, Unit 4863 Johnson Ave2BR,1BA$1.41
Villa TerraceTwo Bedroom2BR,1BA$1.29
2421 Bolton StTwo Bedroom2BR,1BA$1.63
Victory Square 55+ Senior CommunityThe Commodore1BR,1BA$1.63

Quick Rent Budget Calculator

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Frequently Asked Questions about Young Terrace

What type of rentals are currently available in Young Terrace?

There are currently 344 Apartments for Rent in Young Terrace, VA with pricing that ranges from $600 to $7,160. There are also 71 Single Family Homes for rent, Condos, and Townhome rentals currently available in Young Terrace ranging from $700 to $3,200.

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 $700 to $3,200 with an average monthly rent of $2,343.

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 $1,200 to $4,860, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,200 to $2,700. Four Bedroom Single-Family rentals are also available starting from $1,700 and Four Bedroom Apartments start at $800.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.