
Cheap Homes for Rent in Young Terrace Neighborhood of Norfolk, VA from $800 (22 Rentals)
Search the lowest-cost Homes available for rent right now in the Young Terrace area of Norfolk.


2812 Church St

2606 Middle Ave

2812 Church St

307 W 32nd St

316 W 31st St

801 Greenway Ct
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.

1401 W 40th St

1401 W 40th St

1401 W 40th St

322 Washington St

1510 Wilson Rd

1401 W 40th St

1510 Wilson 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.

1611 Hampton Blvd

2812 Church St

710 Dinwiddie St

1101 Leake St

1510 Wilson Rd

2401 Ruffin St

1413 Colonial 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.

2928 Tidewater Dr
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 | $1,936 | $1,200 | $3,500 |
| Young Terrace 3 Bedroom Homes for Rent | $2,063 | $1,200 | $3,000 |
| Young Terrace 4 Bedroom Homes for Rent | $2,275 | $900 | $3,100 |
| Young Terrace 5 Bedroom Homes for Rent | $3,175 | $2,550 | $4,000 |
Browse Homes for Rent in this Neighborhood
There are currently 22 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 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Holley Pointe | Two Bedroom | 2BR,1BA | $507 |
| Proximity at ODU | Room In 4 Bed - 4 Bath - August Resident Renewa... | 4BR,4BA | $709 |
| Bains Pointe | 2 Bedroom | 2BR,1BA | $1,010 |
| Victory Square 55+ Senior Community | The Commodore | 1BR,1BA | $1,115 |
| The Lafayette Apartments | The Ghent | Studio,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Holley Pointe | Three Bedroom | 3BR,2BA | $1.49 |
| Bains Pointe | 3 Bedroom | 3BR,2BA | $1.40 |
| 426 London St | 426 London St | 2BR,1BA | $1.14 |
| Montgomery Square Apartments | 2.2B | 2BR,2BA | $1.56 |
| 2834 Tidewater Dr, Unit 1 | 2834 Tidewater Dr | 2BR,1BA | $1.10 |
| Crossroads Townhomes | Two Bedroom Flat - Renovated | 2BR,2BA | $1.71 |
| 1100 Wilson Rd | 3BR | 3BR,1.5BA | $1.66 |
| 121 W 32nd St Apartments | 2-BR | 2BR,1BA | $1.67 |
| Unity Place at Kindred | A2 | 1BR,1BA | $1.59 |
| Victory Square 55+ Senior Community | The Commodore | 1BR,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.
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 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 ArticleCash 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.
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 #5
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 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

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.

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.

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.

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.