Most Affordable Neighborhoods in Norfolk, VA
Some of the cheapest neighborhoods in Norfolk are Suburban Acres, Willough Bay, and North Meadow Brook. These neighborhoods offer some of the lowest rent prices in Norfolk, making them ideal for renters on a budget. As of April 5, 2025, the average rent in Norfolk is $1,285, which is 1.6% higher than last year. However, it's important to remember that rental prices can vary significantly based on factors such as location, amenities, and floor plans.
Suburban Acres
Average Rent
$1,088/Month
Year-Over-Year Rent Change
1.9%
TransitScore® Rating
45/100
Units Available
30 Rentals
Suburban Acres is an affordable neighborhood in Norfolk with an average rent price of $1,088. Compare this to the city average of $1,285. In the past year, rent prices have increased by 1.9%. Suburban Acres provides easy access to Nsu, Tidewater Arboretum, and Fred Heutte Center. It’s a walkable neighborhood with a WalkScore® of 72.
Willough Bay
Average Rent
$1,088/Month
Year-Over-Year Rent Change
1.9%
TransitScore® Rating
24/100
Units Available
10 Rentals
If you’re looking for a great, affordable neighborhood in Norfolk, Willough Bay might be the perfect place! It has an average rent price of $1,088, while the city’s average stands at $1,285. In the last year, prices have decreased by 1.9%. Willough Bay is near Eastern Virginia Medical Sch., Norfolk International, and Newport News/Williamsburg International.
North Meadow Brook
Average Rent
$1,156/Month
Year-Over-Year Rent Change
2.5%
TransitScore® Rating
40/100
Units Available
10 Rentals
North Meadow Brook is a top choice for budget-conscious renters for a variety of reasons. The average rent in North Meadow Brook is $1,156 while the city average is $1,285. This is a 2.5% difference from last year. Residents enjoy convenient access to Tidewater C.C., Norfolk Campus, Meadowbrook Shopping Center, and Norfolk State University. The neighborhood is considered car-dependent with a WalkScore® of 48.
Naval Station Norfolk
Average Rent
$1,190/Month
Year-Over-Year Rent Change
2.3%
TransitScore® Rating
40/100
Units Available
51 Rentals
Naval Station Norfolk is a bustling area home to the largest naval base in the world, offering proximity to both work and recreational activities. Renters will appreciate the convenience of nearby military facilities, shopping, and dining.
Wards Corner
Average Rent
$1,281/Month
Year-Over-Year Rent Change
2.2%
TransitScore® Rating
46/100
Units Available
62 Rentals
Wards Corner is a bustling commercial and residential neighborhood offering a mix of shopping, dining, and entertainment options. Renters will appreciate the variety of housing available, from single-family homes to apartments. The area is perfect for those seeking a suburban lifestyle with access to city conveniences.
Talbot Park
Average Rent
$1,324/Month
Year-Over-Year Rent Change
0.8%
TransitScore® Rating
41/100
Units Available
46 Rentals
Talbot Park is a quiet, well-established neighborhood featuring tree-lined streets and proximity to the Lafayette River. Renters will enjoy the peaceful atmosphere and the easy access to parks and recreational activities. The area provides a suburban retreat close to downtown Norfolk.
Larchmont/Edgewater
Average Rent
$1,476/Month
Year-Over-Year Rent Change
0.3%
TransitScore® Rating
36/100
Units Available
11 Rentals
When you’re looking for a great Norfolk neighborhood on a budget, check out Larchmont/Edgewater. The average rent is $1,476, compared to the city average of $1,285. Rent prices have increased by 0.3%. Larchmont/Edgewater is convenient to Old Dominion University, Norfolk International, and Tidewater C.C., Norfolk Campus. The community is car-dependent with a WalkScore® of 46.
Lakewood/Willowwood
Average Rent
$1,546/Month
TransitScore® Rating
38/100
Units Available
12 Rentals
Lakewood/Willowwood is an affordable neighborhood in Norfolk with an average rent price of $1,546. Compare this to the city average of $1,285. Lakewood/Willowwood provides easy access to North West Shopping Center, Norfolk State University, and Ballentine / Broad Creek. It’s a somewhat walkable neighborhood with a WalkScore® of 57.
Ghent
Average Rent
$1,557/Month
Year-Over-Year Rent Change
3.2%
TransitScore® Rating
56/100
Units Available
44 Rentals
Ghent is a vibrant, artsy neighborhood known for its historic architecture, trendy boutiques, and lively dining scene. Renters will love the walkable streets and the proximity to cultural attractions like the Chrysler Museum of Art.
Ghent Square
Average Rent
$1,596/Month
Year-Over-Year Rent Change
1.1%
TransitScore® Rating
59/100
Units Available
53 Rentals
If you’re looking for a great, affordable neighborhood in Norfolk, Ghent Square might be the perfect place! It has an average rent price of $1,596, while the city’s average stands at $1,285. In the last year, prices have increased by 1.1%. Ghent Square is near Old Dominion University, Monticello, and Nauticus.
Ready to make your move to Norfolk? Check out the rent specials, price drops, and great deals on ApartmentFinder.com!
Methodology
Transit Score measures access to public transit. Scores range from 0 (minimal transit) to 100 (rider’s paradise). Learn more about the Transit Score methodology. Rental data is sourced from CoStar Group’s Market Trend reports. As a leading authority in commercial real estate information, analytics, and news, CoStar performs in-depth research to build and sustain an extensive database of commercial real estate insights.
We've combined this data with public records to provide the most current rental information available.