Cheap Apartments for Rent in the Central Business District Virginia Beach, VA from $700 (57 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Central Business District area of Virginia Beach.

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Tivoli Apartments
$1,373 - $1,573
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,373 - $1,573

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Aug 14

Tivoli Apartments

1027 Tivoli CresVirginia Beach, VA 23453
Affordability
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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Lakeview Apartments & Townhomes
Rent Specials
$1,436 - $2,275
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,426 - $2,265
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 4 Bedroom Apartments Available Now

Lakeview Apartments & Townhomes

5414 Catina ArchVirginia Beach, VA 23462
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Woodshire Apartments
Rent Specials
$1,534 - $2,165
Total Monthly Price

Total Monthly Price

Base Rent
$1,519 - $2,150
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Woodshire Apartments

149 S Budding AveVirginia Beach, VA 23452
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Patriot Pointe Apartments
Rent Specials
$1,555 - $1,955
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,300 - $1,700
Required Monthly Fees
$255

Total Monthly Price
$1,555 - $1,955
1 to 3 Bedroom Apartments Available Now

Patriot Pointe Apartments

124 Palm Beach PlVirginia Beach, VA 23452
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Runaway Bay Apartments
$1,580 - $2,965
Total Monthly Price

Total Monthly Price

Base Rent
$1,465 - $2,850
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Runaway Bay Apartments

100 Runaway Bay DrVirginia Beach, VA 23452
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Chase Arbor
$1,581 - $2,338
Total Monthly Price

Total Monthly Price

Base Rent
$1,581 - $2,338

Total Monthly Price
$1,581 - $2,338
1 to 3 Bedroom Apartments Available Now

Chase Arbor

1500 Chase Arbor CmnVirginia Beach, VA 23462
Student Housing
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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.

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Dove Landing
Rent Specials
$1,618 - $1,848
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,369 - $1,599
Required Monthly Fees
$249

Total Monthly Price
$1,618 - $1,848
1 to 2 Bedroom Apartments Available Now

Dove Landing

5301 Justin CtVirginia Beach, VA 23462
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Banyan Grove
$1,633 - $2,739
Total Monthly Price

Total Monthly Price

Base Rent
$1,603 - $2,709
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Jun 18

Banyan Grove

3816 Banyan Grove LnVirginia Beach, VA 23462
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St. Croix Apartments
$1,695 - $2,190
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,690 - $2,185
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

St. Croix Apartments

801 Caribe PlVirginia Beach, VA 23462
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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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Shoreline
Rent Specials
$1,725 - $2,525
Plus Fees12 Month Lease Term
1 to 3 Bedroom Apartments Available Aug 4

Shoreline

4133 Shoreline PlVirginia Beach, VA 23452
Outdoors
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Nexus
$1,743 - $2,783
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,697 - $2,737
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Nexus

548 Newtown RdVirginia Beach, VA 23462
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Seawall Apartments & Townhomes
Rent Specials
$1,750 - $2,420
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,740 - $2,410
Required Monthly Fees
Varies

Total Monthly Price
Varies
2 to 3 Bedroom Apartments Available Now

Seawall Apartments & Townhomes

5516 Seawall CtVirginia Beach, VA 23462
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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 111 Castilian Dr

$1,900

Total Monthly Price

Total Monthly Price

Base Rent
$1,900

Total Monthly Price
$1,900

2 Bedroom, 2.5 Bath Home for Rent

Available Now

111 Castilian Dr

Virginia BeachVA23462
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Independence at Town Center
Rent Specials
$1,960
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,875
Required Monthly Fees
$85

Total Monthly Price
$1,960
2 Bedroom Apartments Available Now

Independence at Town Center

4725 Onondaga RdVirginia Beach, VA 23462
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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Central Business District, Virginia Beach, VA Local Guide

Cheapest Available Central Business District Apartments for Rent

 

The cheapest available apartment rental in the Central Business District area of Virginia Beach, VA is a 1 Bed unit found at Lakeview Apartments & Townhomes priced from $1,436. Commons at Princess Anne has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,523. Here are the most affordable Central Business District apartments for rent in Virginia Beach, VA:

Apartment ListingModel NameBed/BathPriced From
Lakeview Apartments & TownhomesAdair1BR,1BA$1,436
Commons at Princess Anne2X12BR,1BA$1,523
Chase ArborThe Aspen1BR,1BA$1,581
Woodshire ApartmentsA1P1BR,1BA$1,629
Old DonationPeyton III1BR,1BA$1,660
Seawall Apartments & TownhomesB22BR,1BA$1,670
Patriot Pointe Apartments2 Bedroom Shasta2BR,1BA$1,680
The Cosmopolitan ApartmentsRioStudio,1BA$1,685
Summer Station ApartmentsAntigua1BR,1BA$1,729
Pembroke Crossing ApartmentsAspenwood1BR,1BA$1,729

Best Value Apartments for Rent in Central Business District, VA

As of June 10, 2026 the best value apartment in the Central Business District area is the $1.37 price per square foot 5321 Warminster Dr Model at 5321 Warminster Dr, Unit #104 in the in the Newtown neighborhood starting from $1,875. The second greatest value Central Business District apartment is the 2 BR / 1.5 BA Townhome Model at Independence at Town Center starting at $1,960 with a $1.63 price per square foot in the Central Business District neighborhood. Here is today’s list of the best values for Central Business District apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
5321 Warminster Dr, Unit #1045321 Warminster Dr2BR,2BA$1.37
Independence at Town Center2 BR / 1.5 BA Townhome2BR,1.5BA$1.63
Auburn Place Luxury Apartments2BR WAITLIST2BR,2BA$1.72
Ashbrook Apartments2BR2BR,2BA$1.76
Haygood HallsPeyton1BR,1BA$1.88
Old DonationPeyton III1BR,1BA$1.74
Woodshire ApartmentsA1P1BR,1BA$1.81
Seawall Apartments & TownhomesB32BR,2BA$2.05
Commons at Princess Anne2X12BR,1BA$1.89
Patriot Pointe Apartments2 Bedroom Shasta2BR,1BA$2.10

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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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
Central Business District, Virginia Beach, VA

Ranked #3

Among cities in Virginia for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, and customized analysis for Virginia Beach, Virginia. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including our Star Ratings to compare for outdoor amenities like tennis courts, luxury amenities, places that make kids happy, raising pets, transit options, walking, and biking. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Central Business District Apartments

What is the price of a cheap apartment in Central Business District?

The cheapest apartment in Central Business District is Lakeview Apartments & Townhomes which is listed at $1,436, while the average apartment in Central Business District costs $2,299.

What types of apartments are the cheapest in Central Business District?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 16 regular apartments in Central Business District that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Central Business District?

Cheap apartments in Central Business District have an average cost of $303 which is $1,996 cheaper than the average rent for all rentals in Central Business District.

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

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.