Average Rent in Norfolk, VA
15 apartment buildings, 78 units. Real asking prices, refreshed daily.
Cheapest
$1,140/mo
Meredith Communities
Properties
15
tracked daily
Units
78
available now
Norfolk, VA Resident Access
City Club members share insider gate codes, parking links, and amenity tips.
Analysis
Rent Price Breakdown
Compare pricing across all 15 properties in Norfolk, VA.
Median rent trend, last 2 months
All bedroom types, citywide. Choose a window above to scope the view.
Average Rent by Property
Starting Price vs Average
Rent by Bedroom Count
Price per Square Foot
Norfolk, VA Rent Prices
All 15 properties ranked by lowest available rent.
Meredith Communities
1016 W 24th St, Norfolk, VA 23517, USA
The Virginia Building Apartments
101 W Plume St, Norfolk, VA 23510, USA
The Rockefeller Norfolk Apartments
130 Brooke Ave, Norfolk, VA 23510, USA
Hague Towers Apartment Homes
330 W Brambleton Ave, Norfolk, VA 23510, USA
The Law Building Apartments
145 Granby St, Norfolk, VA 23510, USA
Icon Norfolk Apartments
321 E Main St, Norfolk, VA 23510, USA
The James Apartments
345 Granby St, Norfolk, VA 23510, USA
| # | Property | From | Avg | $/sqft | Rating | Units |
|---|---|---|---|---|---|---|
| 1 | Meredith Communities 1016 W 24th St, Norfolk, VA 23517, USA | $1,140 | $1,140 | $1.70 | 5 (21) | 1 |
| 2 | The Virginia Building Apartments 101 W Plume St, Norfolk, VA 23510, USA | $1,349 | $1,349 | $2.36 | 3.7 (13) | 1 |
| 3 | The Rockefeller Norfolk Apartments 130 Brooke Ave, Norfolk, VA 23510, USA | $1,380 | $1,565 | $2.57 | 4 (40) | 5 |
| 4 | Hague Towers Apartment Homes 330 W Brambleton Ave, Norfolk, VA 23510, USA | $1,460 | $1,460 | $2.77 | 4 (277) | 1 |
| 5 | The Law Building Apartments 145 Granby St, Norfolk, VA 23510, USA | $1,462 | $1,592 | $2.65 | 3.9 (37) | 6 |
| 6 | Icon Norfolk Apartments 321 E Main St, Norfolk, VA 23510, USA | $1,464 | $2,241 | $2.54 | 3.7 (91) | 17 |
| 7 | The James Apartments 345 Granby St, Norfolk, VA 23510, USA | $1,534 | $1,729 | $2.78 | 3.4 (30) | 2 |
Explore Each Property
Meredith Communities
5 (21)1016 W 24th St, Norfolk, VA 23517, USA
The Virginia Building Apartments
3.7 (13)101 W Plume St, Norfolk, VA 23510, USA
The Rockefeller Norfolk Apartments
4 (40)130 Brooke Ave, Norfolk, VA 23510, USA
Hague Towers Apartment Homes
4 (277)330 W Brambleton Ave, Norfolk, VA 23510, USA
The Law Building Apartments
3.9 (37)145 Granby St, Norfolk, VA 23510, USA
Icon Norfolk Apartments
3.7 (91)321 E Main St, Norfolk, VA 23510, USA
By Area
Norfolk, VA neighborhoods
Tracked buildings across 5 named neighborhoods. Pick one to see its apartments.
Norfolk, VA Average Rent Prices 2026
The average rent in Norfolk, VA is $2,032 per month, based on 78 units across 15 apartment communities. Prices range from $1,140 at Meredith Communities to $4,624 at Icon Norfolk Apartments.
Average Rent by Bedroom Type
| Type | Avg Rent | Starting From | Units |
|---|---|---|---|
| Studio | $1,620/mo | $1,380/mo | 9 |
| 1 Bed | $1,799/mo | $1,140/mo | 44 |
| 2 Bed | $2,416/mo | $2,150/mo | 20 |
| 3 Bed | $3,295/mo | $2,814/mo | 5 |
Every price is a real asking rent, updated that morning. Request a neighborhood we don't cover and we add it within 24 hours.
Building Economics
How much do Norfolk, VA apartments earn?
The 10 buildings we can estimate generate about $2.6M in rental revenue per month ($32M a year). Estimated from each building's unit-level listing and leasing activity.
| Building | Est. Monthly Revenue | Asking / Leased | Est. Occupancy | Units |
|---|---|---|---|---|
| 1.Icon Norfolk Apartments | $562K/mo | $2,241 / $2,231 | 94% | 269 |
| 2.Gravity on 400 | $483K/mo | $2,059 / $1,867 | 95% | 273 |
| 3.Promenade Pointe | $366K/mo | $2,378 / $2,069 | 97% | 183 |
| 4.CovePointe at The Landings | $278K/mo | $3,279 / $2,297 | 99% | 122 |
| 5.Attain Downtown | $263K/mo | $2,095 / $1,837 | 92% | 156 |
Research estimates from listing activity, not operator financials. Asking is the average listed rent; leased is the average rent at which units left the market. Click any building for the full revenue breakdown and methodology.
Market Context
Who rents in Norfolk, VA, and what they pay
Tracked one-bedroom rent in Norfolk, VA averages $1,799/mo, with two-bedroom units averaging $2,416/mo. At the local median household income of $64,017, that works out to 38% of gross income, above the 30 percent affordability ceiling, a stretched-budget market.
The U.S. Census Bureau's American Community Survey 2023 release pegged median gross rent in Norfolk, VA at $1,246/mo. The current tracked market average runs 63% higher than that benchmark, reflecting both two to three years of rent growth and the fact that the Census figure covers all renter-occupied housing in Norfolk, VA while the tracked market average covers units currently listed in larger apartment communities.
What salary do I need to live comfortably in Norfolk, VA?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$81,000/year
Based on the 30 percent rule, using our tracked average rent of $2,032/mo.
Comfortable income
$98,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,140/mo), you need to earn at least $46,000/year.
Median household income in Norfolk, VA is $64,017 , about 34% below the comfortable-living threshold.
Cost of living in Norfolk, VA
Overall prices in Norfolk, VA runs below the national average by about 2% (BEA Regional Price Parity index 97.7, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Norfolk, VA's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $2,032 |
| Utilities | $420 |
| Groceries | $524 |
| Transportation | $1,001 |
| Healthcare | $488 |
| Other goods and services | $781 |
| Estimated total | $5,247/mo |
Population
235,037
Median household income
$64,017
Census median rent
$1,246/mo
Rent as % of income
31.7%
Median age
32.4
Mean commute
23 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Compare
Nearby cities in Virginia
How Norfolk, VA rent compares to other markets in the state.
| City | Avg Rent | vs Norfolk, VA | 30-Day Change | Properties |
|---|---|---|---|---|
| Alexandria, VA | $2,376 | +17% | +1.3% | 103 |
| Arlington, VA | $3,095 | +52% | -2.5% | 23 |
| Virginia Beach, VA | $2,038 | 0% | -1.4% | 17 |
| Roanoke, VA | $1,476 | -27% | +5% | 12 |
| Hampton, VA | $1,853 | -9% | -3.3% | 11 |
| Portsmouth, VA | $1,889 | -7% | -- | 11 |
Frequently asked questions
What is the average rent in Norfolk, VA?
The average rent in Norfolk, VA is $2,032 per month, based on 78 units across 15 apartment buildings tracked by Average Rent. Prices are refreshed daily.
What is the cheapest apartment rent in Norfolk, VA?
The lowest available rent in Norfolk, VA starts at $1,140 per month. Availability changes daily and prices are refreshed each morning.
How much is a 1-bedroom apartment in Norfolk, VA?
1-bedroom apartments in Norfolk, VA average $1,799/mo. The lowest listed 1-bedroom starts at $1,140/mo across 44 units tracked.
How much is a 2-bedroom apartment in Norfolk, VA?
2-bedroom apartments in Norfolk, VA average $2,416/mo. Units start from $2,150/mo across 20 units currently listed.
Rent Trends in Norfolk, VA
Track how apartment prices are changing over time.
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