Cheap Apartments for Rent in the Central Business District Virginia Beach, VA from $700 (9 Rentals)

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

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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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 Coastline Apartments priced from $1,270. Dove Landing has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,299. Here are the most affordable Central Business District apartments for rent in Virginia Beach, VA:

Apartment ListingModel NameBed/BathPriced From
Coastline Apartments1B1B1BR,1BA$1,270
Dove Landing1 BD/ 1BA1BR,1BA$1,299
Commons at Princess Anne2X12BR,1BA$1,346

Best Value Apartments for Rent in Central Business District, VA

As of December 17, 2025 the best value apartment in the Central Business District area is the $1.56 price per square foot 2 BR / 1.5 BA Townhome Model at Independence at Town Center in the in the Central Business District neighborhood starting from $1,875. The second greatest value Central Business District apartment is the Two Bedroom Renovated Model at Weblin Place starting at $1,700 with a $1.47 price per square foot in the Lake Taylor 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.
Independence at Town Center2 BR / 1.5 BA Townhome2BR,1.5BA$1.56
Weblin PlaceTwo Bedroom Renovated2BR,2BA$1.47
Doria ApartmentsB42BR,2BA$1.61
Haygood HallsPeyton1BR,1BA$1.80
Pembroke Lake Apartments2b1b Renovated2BR,1BA$1.63
Coastline Apartments1B1B Deluxe1BR,1BA$1.63
Ridgewood Club ApartmentsElm2BR,1BA$1.85
Woodshire ApartmentsA1P1BR,1BA$1.76
Thalia Gardens Apartments and TownhomesThe Lilac1BR,1BA$1.73
Commons at Princess Anne2X12BR,1BA$1.67

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

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Quick Rent Budget Calculator

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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 a cheap apartment in Central Business District?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Central Business District is under $1,499.

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

The cheapest apartment in Central Business District is Coastline Apartments which is listed at $1,270, while the average apartment in Central Business District costs $2,120.

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 11 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 $333 which is $1,787 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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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.