Cheap Homes for Rent in Young Terrace Neighborhood of Norfolk, VA from $700 (14 Rentals)

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

property at 1510 Wilson Rd

1510 Wilson Rd

NorfolkVA23523

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 Villa Terrace priced from $1,099. Victory Square 55+ Senior Community has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,099. Here are the most affordable Young Terrace apartments for rent in Norfolk, VA:

Apartment ListingModel NameBed/BathPriced From
Villa TerraceTwo Bedroom2BR,1BA$1,099
Victory Square 55+ Senior CommunityThe Commodore1BR,1BA$1,099
Aspire at Church St.One Bedroom/One Bathroom1BR,1BA$1,119
Beacon 303B12BR,1BA$1,260
Duke Grace ApartmentsStudioStudio,1BA$1,300

Best Value Apartments for Rent in Young Terrace, VA

As of July 29, 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 912 Summit Ave Model at 912 Summit Ave, Unit summit starting at $1,000 with a $0.83 price per square foot in the South Brambleton 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
912 Summit Ave, Unit summit912 Summit Ave2BR,1BA$0.83
Pembroke TowersThe Granby2BR,2BA$1.52
Origin Circle at Kindred2BR2BR,1BA$1.26
330 Middle St, Unit 2330 Middle St1BR,1BA$1.60
863 Johnson Ave, Unit 4863 Johnson Ave2BR,1BA$1.36
Beacon 303B12BR,1BA$1.44
Villa TerraceTwo Bedroom2BR,1BA$1.29
308 31st W St, Unit F308 31st W St2BR,1BA$1.63
Victory Square 55+ Senior CommunityThe Commodore1BR,1BA$1.63

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Frequently Asked Questions about Young Terrace

What type of rentals are currently available in Young Terrace?

There are currently 347 Apartments for Rent in Young Terrace, VA with pricing that ranges from $704 to $4,860. There are also 75 Single Family Homes for rent, Condos, and Townhome rentals currently available in Young Terrace ranging from $700 to $3,575.

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 $3,575 with an average monthly rent of $2,131.

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 $1,095 to $4,860, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,450 to $2,900. Four Bedroom Single-Family rentals are also available starting from $800 and Four Bedroom Apartments start at $2,600.

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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

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

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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.