
Cheap Homes for Rent in Young Terrace Neighborhood of Norfolk, VA from $700 (19 Rentals)
Search the lowest-cost Homes available for rent right now in the Young Terrace area of Norfolk.


301 W 31st St

511 Boissevain Ave

3313 Marne Ave

3901 Newport Ave

3313 Marne Ave
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.

701 W 29th St

3016 Somme Ave

3016 Somme Ave

3701 Colonial Ave

3016 Somme Ave

3557 Chesapeake Blvd
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.

2850 Grandy Ave

511 Stafford St

1019 Westover Ave

1443 W 40th St

3122 Tidewater Dr

852 A Ave
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.

314 Washington St, Unit E
Young Terrace, Norfolk, VA Local Guide

How much does it cost to rent a home in Young Terrace?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Young Terrace 2 Bedroom Homes for Rent | $1,575 | $1,075 | $2,300 |
| Young Terrace 3 Bedroom Homes for Rent | $2,020 | $700 | $3,300 |
| Young Terrace 4 Bedroom Homes for Rent | $2,318 | $200 | $3,500 |
| Young Terrace 5 Bedroom Homes for Rent | $2,800 | $2,700 | $2,900 |
| Young Terrace 6 Bedroom Homes for Rent | $4,800 | $4,800 | $4,800 |
Browse Homes for Rent in this Neighborhood
There are currently 19 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 3 Beds unit found at Bains Pointe priced from $635. Reunion Senior Living at Kindred has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,097. Here are the most affordable Young Terrace apartments for rent in Norfolk, VA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Bains Pointe | 3 Bedroom | 3BR,2BA | $635 |
| Reunion Senior Living at Kindred | 1BR | 1BR,1BA | $1,097 |
| Villa Terrace | Two Bedroom | 2BR,1BA | $1,099 |
| Hague Towers | Pavilion | Studio,1BA | $1,205 |
| The Lafayette Apartments | The Ghent | Studio,1BA | $1,228 |
Best Value Apartments for Rent in Young Terrace, VA
As of November 16, 2025 the best value apartment in the Young Terrace area is the $1.38 price per square foot 1520 Prentis Ave Model at 1520 Prentis Ave, Unit 4 in the in the Beacon Light neighborhood starting from $1,900. 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. |
|---|---|---|---|
| 1520 Prentis Ave, Unit 4 | 1520 Prentis Ave | 3BR,1BA | $1.38 |
| 426 London St | 426 London St | 2BR,1BA | $1.14 |
| The Banks at Berkley | Three Bedroom | 3BR,2BA | $1.25 |
| 1134 Westover Ave, Unit 1134 Westover #4 | 1134 Westover Ave | 1BR,1BA | $1.43 |
| 2834 Tidewater Dr, Unit 1 | 2834 Tidewater Dr | 2BR,1BA | $1.10 |
| Crossroads Townhomes | 2 Bedroom 1.5 Bath Townhome - Classic | 2BR,1.5BA | $1.37 |
| Aspire at Church St. | Two Bedroom/Two Bathroom | 2BR,2BA | $1.43 |
| Bains Pointe | 2 Bedroom | 2BR,1.5BA | $1.12 |
| Villa Terrace | Two Bedroom | 2BR,1BA | $1.29 |
| Reunion Senior Living at Kindred | 1BR | 1BR,1BA | $1.41 |
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
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 #20
Among cities in Virginia for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
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 $704 to $4,880. There are also 95 Single Family Homes for rent, Condos, and Townhome rentals currently available in Young Terrace ranging from $200 to $4,800.
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 $200 to $4,800 with an average monthly rent of $2,459.
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 $1,350 to $4,880, while Three Bedroom Homes, Condos, and Townhomes for rent range from $700 to $3,300. Four Bedroom Single-Family rentals are also available starting from $200 and Four Bedroom Apartments start at $2,495.
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.

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 Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.