Last updated September 3, 2026

Average Rent in Norfolk, VA & Rent Trends

Rent prices and market trends across 14 apartment communities in 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

$1,836/mo

▼ 6% from last month

Lowest Available

$1,090/mo

cheapest unit on market

Communities

tracked daily

Units Listed

210

available now

Price Cuts This Week in Norfolk, VA

11 listed units across 3 buildings in Norfolk, VA dropped their asking rent in the past 7 days, an average cut of $34/mo. These are the largest cuts, tracked unit by unit with daily price checks.

Apartment	Unit	Last Week	Now	Cut
Attain Downtown	Unit 435, 11c	$1,980	$1,833	$147
CovePointe at The Landings	Unit 301, The Powhatan	$2,567	$2,499	$68
CovePointe at The Landings	Unit 201, The Village	$2,365	$2,329	$36
CovePointe at The Landings	Unit 409, The Native	$2,098	$2,066	$32
Promenade Pointe	Unit 256, Vista	$2,165	$2,151	$14
Promenade Pointe	Unit 212, Fern	$2,089	$2,076	$13
Promenade Pointe	Unit 215, Vista	$2,180	$2,167	$13
Promenade Pointe	Unit 228, Pebble	$1,971	$1,958	$13

See today's prices on all 210 listed units

Rent by Neighborhood in Norfolk, VA

Compare average rent across Norfolk, VA neighborhoods. Click any area to see detailed trends. View these neighborhoods on the rent map

Neighborhood	Avg Rent	30d Change	From	Properties	Units
Highland Park	$2,400	▼ $491	$2,066	1	4
Fairmont Park	$2,274	▼ $78	$1,943	1	13
Downtown	$2,012	▲ $84	$1,312	11	73
Ghent	$1,663	▼ $362	$1,090	1	120

Is Rent Going Up or Down in Norfolk, VA?

As of September 2026, the average rent in Norfolk, VA is $1,836 per month across 14 apartment communities and 210 available units. Rents have decreased $119 (6%) over the past month.

The most affordable option is Pembroke Towers Apartment Homes starting at $1,090/mo. By unit type, a studio averages $1,468/mo, a 1-bedroom averages $1,711/mo, a 2-bedroom averages $2,203/mo, a 3-bedroom averages $2,741/mo.

Prices range from $1,090 to $4,624 per month. The most common price point is the $1,400 range, where 59 units are currently listed.

Norfolk, VA Rent Price History

Timeframe

View as table

Month	Avg Rent	Change	Properties
April 2026	$1,750	-	7
May 2026	$1,860	+$110	7
June 2026	$1,945	+$85	12
July 2026	$1,903	-$42	15
August 2026	$1,959	+$56	14
September 2026	$1,920	-$39	12

The trend line and monthly averages track each building's average listed price, recorded daily with outliers trimmed. The current month is a month-to-date figure, so it can sit above or below today's live market average shown at the top of this page.

Average Rent by Bedroom

Rent Price Distribution

Rent by Bedroom Type in Norfolk, VA

Studio

$1,468

from $1,090 · 42 units

1 Bed

$1,711

from $1,170 · 107 units

2 Bed

$2,203

from $1,515 · 49 units

3 Bed

$2,741

from $1,965 · 12 units

Rent Prices by Apartment in Norfolk, VA

Property	Starting at	Average	Units	Rating
Pembroke Towers Apartment Homes	$1,090/mo	$1,663/mo	120	4.2
The James Apartments	$1,312/mo	$1,784/mo	4	3.4
The Rockefeller Norfolk Apartments	$1,435/mo	$1,578/mo	4	4
The Virginia Building Apartments	$1,467/mo	$1,542/mo	2	3.7
The Wainwright Downtown Apartments	$1,490/mo	$1,850/mo	5	4.3
Gravity on 400	$1,494/mo	$2,285/mo	13	3.5
Savoy Apartments	$1,555/mo	$1,582/mo	3	4
The Law Building Apartments	$1,555/mo	$1,632/mo	4	3.9
Icon Norfolk Apartments	$1,679/mo	$2,495/mo	10	3.7
Attain Downtown	$1,766/mo	$1,861/mo	16	4.6
Fusion at Neon	$1,777/mo	$2,113/mo	11	4.4
Promenade Pointe	$1,943/mo	$2,274/mo	13	4.6
CovePointe at The Landings	$2,066/mo	$2,400/mo	4	4.6
Hague Towers Apartment Homes	$2,180/mo	$2,180/mo	1	4

Frequently Asked Questions About Rent in Norfolk, VA

What is the average rent in Norfolk, VA?

The average rent in Norfolk, VA is $1,836 per month as of September 2026, based on 210 units across 14 apartment communities.

Is rent going up or down in Norfolk, VA?

Rent in Norfolk, VA has decreased $119 (6%) over the past month. The current average is $1,836/mo.

What is the cheapest apartment in Norfolk, VA?

The most affordable apartment in Norfolk, VA is Pembroke Towers Apartment Homes with units starting at $1,090/mo.

How much is a 1-bedroom apartment in Norfolk, VA?

A 1-bedroom apartment in Norfolk, VA averages $1,711/mo, with prices starting at $1,170/mo across 107 available units.

How many apartments are available in Norfolk, VA?

There are 210 units available across 14 apartment communities in Norfolk, VA.

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

$73,000/year

Based on the 30 percent rule, using our tracked average rent of $1,836/mo.

Comfortable income

$88,000/year

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

To afford the cheapest tracked apartment ($1,090/mo), you need to earn at least $44,000/year.

Median household income in Norfolk, VA is $64,017 , about 27% 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	Source
Rent (market average)	$1,836	daily refresh
Utilities	$420	BLS × BEA RPP
Groceries	$524	BLS × BEA RPP
Transportation	$1,001	BLS × BEA RPP
Healthcare	$488	BLS × BEA RPP
Other goods and services	$781	BLS × BEA RPP
Estimated total	$5,051/mo	$60,614/year

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.

Virginia Rent Trends

Compare rent across all Virginia cities

Norfolk, VA Neighborhood Rent Map

See rent history by neighborhood on a map

Explore Norfolk, VA on Map

See neighborhoods and rent data interactively

US-wide rent comparison

See how Norfolk, VA rents stack up against the national median