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Average Rent in Norfolk 23517 & Rent Trends

Rent prices and market trends across 2 apartment communities in Norfolk 23517, Norfolk, VA. Updated daily.

Area All Areas Downtown Fairmont Park Ghent Highland Park
Norfolk 23517
Beds All Bedrooms Studio 1 Bed 2 Bed 3 Bed

Market Average

$1,108/mo

Lowest Available

$659/mo

cheapest unit on market

Communities

2

tracked daily

Units Listed

22

available now

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See current options while we confirm new price comparisons. Filter by bedrooms and budget, then inspect each building’s history.

Norfolk 23517 vs Norfolk, VA Average

Norfolk 23517 is cheaper than the Norfolk, VA average by $725/mo (40%). The citywide average is $1,833/mo across all neighborhoods.

Is Rent Going Up or Down in Norfolk 23517?

As of October 2026, the average rent in Norfolk 23517 is $1,108 per month across 2 apartment communities and 22 available units.

The most affordable option is John Knox Towers Apartments starting at $659/mo. By unit type, a 2-bedroom averages $2,350/mo.

Prices range from $659 to $2,350 per month. The most common price point is the $800 range, where 6 units are currently listed.

Rent Price Distribution

Rent by Bedroom Type in Norfolk 23517

2 Bed
$2,350
from $2,350 · 2 units

Rent Prices by Apartment in Norfolk 23517

Property Starting at Average Units Rating
John Knox Towers Apartments $659/mo $984/mo 20 4
Mercer Apartments $2,350/mo $2,350/mo 2 5

Frequently Asked Questions About Rent in Norfolk 23517

What is the average rent in Norfolk 23517?
The average asking rent for apartment listings in Norfolk 23517 is $1,108 per month, in the October 2026 page snapshot. This view includes 22 priced units across 2 apartment communities. It describes advertised rents, not signed leases or renewal offers.

What rent range can I find in Norfolk 23517?
The apartment listings in this view range from $659 to $2,350 per month, in the October 2026 page snapshot. Those are the lowest and highest listed prices, not a typical price for every apartment. Bedroom count, size, and the building can affect where a unit falls in that range.

Are rents going up or down in Norfolk 23517?
There is not enough comparable history to report a reliable 30-day rent change for this view. A short series, a gap, or a large change in building coverage can prevent a comparison. Missing history does not mean rents stayed flat.

How much is a 2-bedroom apartment in Norfolk 23517?
2-bedroom apartments average $2,350 per month across 2 priced listings in this view. Listed rents range from $2,350 to $2,350 per month, in the October 2026 page snapshot. Compare units of a similar size and lease term before using this average as a target.

Which tracked building has the lowest starting rent in Norfolk 23517?
John Knox Towers Apartments has the lowest starting rent among the buildings in the public comparison table, at $659 per month. That building has 20 priced listings in this view, in the October 2026 page snapshot. A starting price applies to the lowest-priced listed unit, not every apartment in the building. Confirm its availability on the unit page.

Which rent range has the most listings in Norfolk 23517?
The $800 to $1,000 monthly range has the largest listing count in the price distribution: 6 units, or 27.3% of this view's priced listings. This shows where listings cluster; it does not measure how fast those units lease.

How many apartment listings does this Norfolk 23517 view cover?
This view includes 22 priced units at 2 apartment communities, in the October 2026 page snapshot. A listing count is not a count of all apartments in those buildings or proof that each unit is still available. Check the selected unit for its latest status.

How much rent history is available for Norfolk 23517?
This view does not yet have accepted daily rent history. Current listing prices can appear before a historical chart is ready. We do not treat a missing observation as a zero rent or invent an earlier price.

Why can the headline rent differ from the trend chart in Norfolk 23517?
The headline averages the priced units in this listing view, so each unit contributes equally. The daily chart averages recorded building-level asking rents, removes the highest and lowest groups when at least ten buildings contribute, and omits days with fewer than five buildings. Different weights, dates, and listing mixes can produce different figures. The monthly table averages the daily readings where that table is shown.

Do the answers change when I select an area or bedroom type?
The listing averages, ranges, counts, and bedroom answers use this page's selected area and bedroom filters. The historical chart uses building-level records; a bedroom selection restricts the buildings, but those records still combine their bedroom types. A building's individual unit history is the better view for a specific apartment.

Do these rents include utilities, parking, and other fees?
We use the published total monthly rent when it is available and the base rent otherwise. Unknown fees are not zero. Utilities, parking, pet charges, deposits, and one-time costs can add to the amount you pay. Check the selected unit and lease terms for a complete quote.

How should I compare free-rent offers with listed rent?
A free-rent offer can reduce the effective cost over a lease without changing the listed monthly rent. Compare the same lease length and move-in date, then include required charges and the offer conditions. The market averages do not assume an unconfirmed discount.

Does this page represent every rental in the market?
These figures describe the priced apartment listings we track, not every rental home or every occupied apartment. Coverage and the mix of bedrooms, buildings, and locations can change. A lower market average does not prove that the same apartment received a price cut.

How fresh are the Norfolk 23517 rent figures?
We schedule rent-data updates each day, but individual buildings can have different observation dates. The latest accepted observation in this view is October 16, 2026. The page's month label is not proof that every price was checked today. Open the building or unit page for its latest price and availability.

What salary do I need to live comfortably in Norfolk 23517?

Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.

Minimum to afford average rent

$44,000/year

Based on the 30 percent rule, using our tracked average rent of $1,108/mo.

Comfortable income

$53,000/year

Based on the 25 percent rule, leaving more room for savings, transport, and groceries.

To afford the cheapest tracked apartment ($659/mo), you need to earn at least $26,000/year.

Median household income in Norfolk 23517 is $64,017 , about 20% above the comfortable-living threshold.

Explore Norfolk 23517 Apartments

Browse all 2 communities with daily-updated pricing and availability.

Browse All Apartments Find Your Match

Cost of living in Norfolk 23517

Overall prices in Norfolk 23517 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 23517's regional price parities.

Category Monthly estimate
Rent (market average) $1,108
Utilities $420
Groceries $524
Transportation $1,001
Healthcare $488
Other goods and services $781
Estimated total $4,323/mo

Population

235,037

Median household income

$64,017

Census median rent

$1,246/mo

Census rent burden

31.7%

Median age

32.4

Mean commute

23 min

Methodology

Rent data

We use listed asking rents and schedule daily data updates. Individual buildings can have different verification dates. Check the building or unit page for its latest price and availability.

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

We estimate annual income by dividing annual rent by 30 percent for the affordability figure and 25 percent for the comfortable-income figure. These estimates are a guide, not a guarantee of rental approval.

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.
Virginia Rent Trends
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Norfolk, VA Neighborhood Rent Map
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Explore Norfolk, VA on Map
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US-wide rent comparison
See how Norfolk, VA rents stack up against the national median

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