Cheap Homes for Rent in Young Terrace Neighborhood of Norfolk, VA from $800 (22 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 307 W 32nd St

$900

Total Monthly Price3 Month Lease Term

Total Monthly Price

Base Rent
$900

Total Monthly Price
$900

4 Bedroom, 4 Bath Home for Rent

Available Now

307 W 32nd St

NorfolkVA23508
property at 316 W 31st St

$900

Total Monthly Price6 Month Lease Term

Total Monthly Price

Base Rent
$900

Total Monthly Price
$900

4 Bedroom, 1 Bath Home for Rent

Available Now

316 W 31st St

NorfolkVA23508

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 322 Washington St

$1,150

Total Monthly Price

Total Monthly Price

Base Rent
$1,150

Total Monthly Price
$1,150

1 Bedroom, 1 Bath Home for Rent

Available Now

322 Washington 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

2 Bedroom, 1 Bath Condo for Rent

Available Now

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

3 Bedroom, 1 Bath Condo for Rent

Available Now

1510 Wilson Rd

NorfolkVA23523

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 710 Dinwiddie St

$1,290

Total Monthly Price

Total Monthly Price

Base Rent
$1,290

Total Monthly Price
$1,290

1 Bedroom, 1 Bath Townhome for Rent

Available Now

710 Dinwiddie St

PortsmouthVA23704
property at 1101 Leake St

$1,295

Total Monthly Price

Total Monthly Price

Base Rent
$1,295

Total Monthly Price
$1,295

2 Bedroom, 1 Bath Home for Rent

Available Now

1101 Leake St

NorfolkVA23523
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

NorfolkVA23523
property at 1413 Colonial Ave

$1,395

Total Monthly Price

Total Monthly Price

Base Rent
$1,395

Total Monthly Price
$1,395

1 Bedroom, 1 Bath Condo for Rent

Available Now

1413 Colonial Ave

NorfolkVA23517

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.

property at 2928 Tidewater Dr

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400

Total Monthly Price
$1,400

2 Bedroom, 1 Bath Townhome for Rent

Available Now

2928 Tidewater Dr

NorfolkVA23509

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. Proximity at ODU has the second lowest priced unit, which is a 4 Beds apartment currently listed from $709. Here are the most affordable Young Terrace apartments for rent in Norfolk, VA:

Apartment ListingModel NameBed/BathPriced From
Holley PointeTwo Bedroom2BR,1BA$507
Proximity at ODURoom In 4 Bed - 4 Bath - August Resident Renewa...4BR,4BA$709
Bains Pointe2 Bedroom2BR,1BA$1,010
Victory Square 55+ Senior CommunityThe Commodore1BR,1BA$1,115
The Lafayette ApartmentsThe GhentStudio,1BA$1,115

Best Value Apartments for Rent in Young Terrace, VA

As of April 03, 2026 the best value apartment in the Young Terrace area is the $1.49 price per square foot Three Bedroom Model at Holley Pointe in the in the South Brambleton neighborhood starting from $1,797. The second greatest value Young Terrace apartment is the 3 Bedroom Model at Bains Pointe starting at $1,545 with a $1.40 price per square foot in the Beacon Light 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 PointeThree Bedroom3BR,2BA$1.49
Bains Pointe3 Bedroom3BR,2BA$1.40
426 London St426 London St2BR,1BA$1.14
Montgomery Square Apartments2.2B2BR,2BA$1.56
2834 Tidewater Dr, Unit 12834 Tidewater Dr2BR,1BA$1.10
Crossroads TownhomesTwo Bedroom Flat - Renovated2BR,2BA$1.71
1100 Wilson Rd3BR3BR,1.5BA$1.66
121 W 32nd St Apartments2-BR2BR,1BA$1.67
Unity Place at KindredA21BR,1BA$1.59
Victory Square 55+ Senior CommunityThe Commodore1BR,1BA$1.65

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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.

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The 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.

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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.

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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 #5

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 348 Apartments for Rent in Young Terrace, VA with pricing that ranges from $704 to $4,989. There are also 86 Single Family Homes for rent, Condos, and Townhome rentals currently available in Young Terrace ranging from $800 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 $800 to $5,200 with an average monthly rent of $2,535.

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 $759 to $4,989, 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 $900 and Four Bedroom Apartments start at $709.

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 Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.