Skip to content
  2. Virginia
  3. Norfolk, VA
  4. Rent Trends

Last updated

Average Rent in Norfolk, VA & Rent Trends

Rent prices and market trends across 19 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

Showing any bedrooms in Norfolk, VA.

Market Average

$1,833/mo

Lowest Available

$659/mo

cheapest unit on market

Communities

19

tracked daily

Units Listed

118

available now

Rent Watch: cuts and increases

Open Rent Watch →

0 cuts and 0 increases among 5 comparable listings this week. Filter by bedrooms and budget, then inspect each building’s history.

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
Fairmont Park $2,287 ▲  $49 $1,927 1 4
Highland Park $2,130 ▼  $233 $985 3 9
Downtown $1,980 ▲  $12 $1,312 11 80
Ghent $1,727 ▲  $75 $1,380 2 3
Norfolk 23517 $1,108 - $659 2 22

Is Rent Going Up or Down in Norfolk, VA?

As of October 2026, the average rent in Norfolk, VA is $1,833 per month across 19 apartment communities and 118 available units.

The most affordable option is John Knox Towers Apartments starting at $659/mo. By unit type, a studio averages $1,459/mo, a 1-bedroom averages $1,854/mo, a 2-bedroom averages $2,308/mo, a 3-bedroom averages $2,996/mo.

Prices range from $659 to $4,619 per month. The most common price point is the $1,800 range, where 20 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 $1,919 -$40 14
October 2026 $1,989 +$70 18

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
$1,459
from $985 · 14 units
1 Bed
$1,854
from $1,125 · 51 units
2 Bed
$2,308
from $2,050 · 25 units
3 Bed
$2,996
from $2,015 · 8 units

Rent Prices by Apartment in Norfolk, VA

Property Starting at Average Units Rating
John Knox Towers Apartments $659/mo $984/mo 20 4
Meredith Communities $985/mo $1,055/mo 2 5
The James Apartments $1,312/mo $1,836/mo 5 3.4
Hague Towers Apartment Homes $1,350/mo $1,746/mo 6 4
Pembroke Towers Apartment Homes $1,380/mo $1,698/mo 2 4.2
The Rockefeller Norfolk Apartments $1,430/mo $1,543/mo 3 4
The Wainwright Downtown Apartments $1,431/mo $1,903/mo 9 4.3

Frequently Asked Questions About Rent in Norfolk, VA

How many bedrooms are you looking for? BedroomsAny bedroomsChange
How many bedrooms are you looking for?

Scroll or tap to choose. Apply your choice to update the rents, charts, and answers.

What is the average rent in Norfolk, VA?
The average asking rent for apartment listings in Norfolk, VA is $1,833 per month, as of October 2026. We calculate it from 118 priced units across 19 apartment buildings. These are advertised rents, not signed leases or renewal offers.

What rent range can I find in Norfolk, VA?
The apartment listings we track in Norfolk, VA range from $659 to $4,619 per month, as of October 2026. These are the lowest and highest listed prices. They are not a typical price for every apartment. The building, floor plan, and lease terms can affect the price.

Are rents going up or down in Norfolk, VA?
There is not enough comparable history to report a reliable 30-day rent change for apartment listings in Norfolk, VA. Missing dates or a change in the buildings we track can prevent a comparison. Missing history does not mean rents stayed flat.

How much is a studio apartment in Norfolk, VA?
Studio apartments average $1,459 per month across 14 priced listings in Norfolk, VA. Listed rents range from $985 to $1,699 per month, as of October 2026. Compare apartments with similar floor plans and lease terms.

How much is a 1-bedroom apartment in Norfolk, VA?
1-bedroom apartments average $1,854 per month across 51 priced listings in Norfolk, VA. Listed rents range from $1,125 to $2,497 per month, as of October 2026. Compare apartments with similar floor plans and lease terms.

How much is a 2-bedroom apartment in Norfolk, VA?
2-bedroom apartments average $2,308 per month across 25 priced listings in Norfolk, VA. Listed rents range from $2,050 to $2,893 per month, as of October 2026. Compare apartments with similar floor plans and lease terms.

How much is a 3-bedroom apartment in Norfolk, VA?
3-bedroom apartments average $2,996 per month across 8 priced listings in Norfolk, VA. Listed rents range from $2,015 to $4,619 per month, as of October 2026. Compare apartments with similar floor plans and lease terms.

How do 1-bedroom and 2-bedroom rents compare in Norfolk, VA?
The 1-bedroom average is $1,854 per month across 51 listings. The 2-bedroom average is $2,308 across 25 listings, $454 (24.5%) higher. This is a comparison of listing groups, not the cost to upgrade a specific apartment.

Which tracked building has the lowest starting rent in Norfolk, VA?
John Knox Towers Apartments has the lowest starting rent among the buildings in the comparison table, at $659 per month. We track 20 priced listings matching your bedroom choice in that building, as of October 2026. The starting price applies to its lowest-priced matching apartment. Check that apartment's latest price and availability.

Which rent range has the most listings in Norfolk, VA?
The $1,800 to $2,000 monthly range has the most matching listings: 20 units, or 16.9% of the priced apartments we track in Norfolk, VA. This count does not tell us how fast the apartments rent.

How many apartment listings do you track in Norfolk, VA?
We track 118 priced units at 19 apartment buildings, as of October 2026. This is not the total number of apartments in those buildings. A listing can change or become unavailable. Open the apartment details to check its latest status.

How much rent history is available for Norfolk, VA?
We have recorded rent data on 175 days from April 2026 through October 2026 for apartment listings in Norfolk, VA. Some dates can be missing. The chart only shows recorded data. The current month includes the days recorded so far.

Why can the headline rent differ from the trend chart in Norfolk, VA?
The average at the top of the page gives each matching apartment equal weight. The chart first averages recorded prices within each building, then compares buildings. It removes the highest and lowest groups when at least ten buildings contribute and omits days with fewer than five buildings. Different dates, building counts, and listing mixes can produce different figures. The monthly table averages the recorded daily figures.

Does my bedroom choice change the prices and answers?
Yes. Your chosen area and bedroom count filter the asking rents, listing counts, rent ranges, and answers on this page. When you choose a bedroom count, the history chart uses recorded prices for matching apartments with a known identity. If those records are missing, we leave the chart empty rather than use prices for other bedroom types. Open an individual apartment to check its own price history.

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, VA rent figures?
We schedule rent updates each day, but buildings can have different price-check dates. The latest accepted price check for these listings was October 18, 2026. The month label does not mean we checked every price today. Open the building or apartment details for its latest price and availability.

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 $1,833/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 ($659/mo), you need to earn at least $26,000/year.

Median household income in Norfolk, VA is $64,017 , about 27% below the comfortable-living threshold.

Explore Norfolk, VA Apartments

Browse all 19 communities with daily-updated pricing and availability.

Browse All Apartments Find Your Match

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) $1,833
Utilities $420
Groceries $524
Transportation $1,001
Healthcare $488
Other goods and services $781
Estimated total $5,048/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
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

Looking for the best deal?

Find Your Match