Last updated
Average Rent in Northwest & Rent Trends
Rent prices and market trends across 1 apartment community in Northwest, Virginia Beach VA. Updated daily.
Market Average
$2,390/mo
Lowest Available
$1,612/mo
cheapest unit on market
Communities
1
tracked daily
Units Listed
21
available now
Northwest vs Virginia Beach VA Average
Northwest is more expensive the Virginia Beach VA average by $73/mo (3%). The citywide average is $2,317/mo across all neighborhoods.
Is Rent Going Up or Down in Northwest?
As of April 2026, the average rent in Northwest is $2,390 per month across 1 apartment community and 21 available units.
The most affordable option is The Cosmopolitan Apartments starting at $1,612/mo. By unit type, a studio averages $1,723/mo, a 1-bedroom averages $2,110/mo, a 2-bedroom averages $2,855/mo, a 3-bedroom averages $3,098/mo.
Prices range from $1,612 to $3,244 per month. The most common price point is the $1,800 range, where 4 units are currently listed.
Northwest Rent Price History
Collecting price history
Daily snapshots are being recorded. Trend charts will appear once we have enough data points.
Average Rent by Bedroom
Rent Price Distribution
Rent by Bedroom Type in Northwest
Rent Prices by Apartment in Northwest
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| The Cosmopolitan Apartments | $1,612/mo | $2,390/mo | 21 | 4.5 |
Google Search Trends for Northwest Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Frequently Asked Questions About Rent in Northwest
What is the average rent in Northwest?
Is rent going up or down in Northwest?
What is the cheapest apartment in Northwest?
How much is a 1-bedroom apartment in Northwest?
How many apartments are available in Northwest?
What salary do I need to live comfortably in Northwest?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$96,000/year
30 percent rule — using our average rent of $2,390/mo.
Comfortable income
$115,000/year
25 percent rule — leaves more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,612/mo), you need to earn at least $64,000/year.
Median household income in Northwest is $90,685 — about 21% below the comfortable-living threshold.
Cost of living in Northwest
Overall prices in Northwest 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 Northwest's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $2,390 |
| Utilities | $420 |
| Groceries | $524 |
| Transportation | $1,001 |
| Healthcare | $488 |
| Other goods and services | $781 |
| Estimated total | $5,605/mo |
Population
457,066
Median household income
$90,685
Census median rent
$1,649/mo
Rent as % of income
31.1%
Median age
37.4
Mean commute
23 min
Methodology
† Rent data is 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 for utilities, groceries, transportation, healthcare, and other goods and services 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, 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.
Explore Northwest Apartments
Browse all 1 communities with daily-updated pricing and availability.