
Cheap Apartments for Rent in the Central Business District Virginia Beach, VA from $700 (57 Rentals)
Search the lowest-cost Apartments available for rent right now in the Central Business District area of Virginia Beach.


Thalia Landing Apartments

Holland House - Senior 55+

Commons at Princess Anne

The Arbors at Birchwood

4608 Albert Ct, Unit 201

Ridgewood Club Apartments

Pembroke Town Center

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Tivoli Apartments

Pembroke Lake Apartments
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

Weblin Place

Hunter's Mill Apartments

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Woodshire Apartments

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Patriot Pointe Apartments

Greenwich Village

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Runaway Bay Apartments

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Chase Arbor

South Lake Apartments

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Thalia Gardens Apartments and Townhomes
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

Auburn Place Luxury Apartments

Windsor Lake Apartments

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Banyan Grove

Mezzo Apartment Homes

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Aden Park & Ebbetts Plaza

Ashbrook Apartments

Columbus Station Apartments at Town Center

Old Donation

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St. Croix Apartments
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.

525 Historic Kempsville

Willow Lake

Shoreline

Summer Station Apartments

Pembroke Crossing Apartments

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Nexus

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Seawall Apartments & Townhomes

Midtown

Cambria at Cornerstone Apartments

MARQ at Virginia Beach
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.

Haygood Halls

BLVD 45

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5321 Warminster Dr, Unit #104

111 Castilian Dr

Constitution

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Independence at Town Center

Artistry on Greenwich

Aspen Apartments

Furnished Studio-Virginia Beach - Independence Blvd.

The Choices at Holland Windsor
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

How much does it cost to rent an apartment in Central Business District?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Central Business District Studio Apartments | $1,828 | $1,450 | $2,399 |
| Central Business District 1 Bedroom Apartments | $1,775 | $710 | $2,905 |
| Central Business District 2 Bedroom Apartments | $2,019 | $844 | $3,149 |
| Central Business District 3 Bedroom Apartments | $2,265 | $954 | $3,479 |
| Central Business District 4 Bedroom Apartments | $2,095 | $1,439 | $2,420 |
Browse Apartments in this Neighborhood
There are currently 57 rentals with your search options within a 1 mile radius of the Central Business District Neighborhood of Virginia Beach, VA.
See all Apartments in Virginia BeachExplore Virginia Beach
Central Business District, Virginia Beach, VA Local Guide
- Nearby Virginia Beach neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Lakeview Apartments & Townhomes | Adair | 1BR,1BA | $1,436 |
| Commons at Princess Anne | 2X1 | 2BR,1BA | $1,523 |
| Chase Arbor | The Aspen | 1BR,1BA | $1,581 |
| Woodshire Apartments | A1P | 1BR,1BA | $1,629 |
| Old Donation | Peyton III | 1BR,1BA | $1,660 |
| Seawall Apartments & Townhomes | B2 | 2BR,1BA | $1,670 |
| Patriot Pointe Apartments | 2 Bedroom Shasta | 2BR,1BA | $1,680 |
| The Cosmopolitan Apartments | Rio | Studio,1BA | $1,685 |
| Summer Station Apartments | Antigua | 1BR,1BA | $1,729 |
| Pembroke Crossing Apartments | Aspenwood | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 5321 Warminster Dr, Unit #104 | 5321 Warminster Dr | 2BR,2BA | $1.37 |
| Independence at Town Center | 2 BR / 1.5 BA Townhome | 2BR,1.5BA | $1.63 |
| Auburn Place Luxury Apartments | 2BR WAITLIST | 2BR,2BA | $1.72 |
| Ashbrook Apartments | 2BR | 2BR,2BA | $1.76 |
| Haygood Halls | Peyton | 1BR,1BA | $1.88 |
| Old Donation | Peyton III | 1BR,1BA | $1.74 |
| Woodshire Apartments | A1P | 1BR,1BA | $1.81 |
| Seawall Apartments & Townhomes | B3 | 2BR,2BA | $2.05 |
| Commons at Princess Anne | 2X1 | 2BR,1BA | $1.89 |
| Patriot Pointe Apartments | 2 Bedroom Shasta | 2BR,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.
Read ArticleReal 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.
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 LifestyleCentral Business District, Virginia Beach, VA
Ranked #3
Among cities in Virginia for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
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

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.

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.

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.

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.