Most Affordable Neighborhoods in Norfolk, VA
Some of the cheapest neighborhoods in Norfolk are Suburban Acres, Wards Corner, and Bay View. These neighborhoods offer some of the lowest rent prices in Norfolk, making them ideal for renters on a budget. As of May 3, 2025, the average rent in Norfolk is $1,297, which is 2.4% 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
$1,013/Month
Year-Over-Year Rent Change
11.1%
TransitScore® Rating
45/100
Units Available
28 Rentals
Suburban Acres is an affordable neighborhood in Norfolk with an average rent price of $1,013. Compare this to the city average of $1,297. In the past year, rent prices have increased by 11.1%. Suburban Acres provides easy access to Norfolk State University, Monticello, and Norfolk International. It’s a walkable neighborhood with a WalkScore® of 72.
Wards Corner
Average Rent
$1,077/Month
Year-Over-Year Rent Change
1.9%
TransitScore® Rating
46/100
Units Available
41 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.
Bay View
Average Rent
$1,078/Month
Year-Over-Year Rent Change
2.1%
TransitScore® Rating
39/100
Units Available
9 Rentals
Bay View is a coastal neighborhood offering beautiful views of the Chesapeake Bay and easy access to the beach. Renters will love the relaxed, seaside atmosphere and the proximity to parks and outdoor activities. The area is ideal for those seeking a beachside lifestyle with convenient access to the city.
Talbot Park
Average Rent
$1,079/Month
Year-Over-Year Rent Change
0.1%
TransitScore® Rating
41/100
Units Available
30 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.
Willough Bay
Average Rent
$1,133/Month
Year-Over-Year Rent Change
0.5%
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 $1,133, while the city’s average stands at $1,297. In the last year, prices have increased by 0.5%. Willough Bay is near Tidewater Arboretum, BeachTowne Shoppes & Offices, and Fort Monroe National Monument.
Naval Station Norfolk
Average Rent
$1,192/Month
Year-Over-Year Rent Change
2.6%
TransitScore® Rating
40/100
Units Available
45 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.
Meadowbrook Forest/Hunt Club
Average Rent
$1,566/Month
Year-Over-Year Rent Change
0.5%
TransitScore® Rating
43/100
Units Available
20 Rentals
Meadowbrook Forest/Hunt Club is a picturesque neighborhood filled with charming homes. It borders Lake Whitehurst and is close to area beaches. Renters will appreciate the quiet, residential atmosphere and the proximity to shopping and dining options.
Ghent
Average Rent
$1,575/Month
Year-Over-Year Rent Change
4.3%
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.
Lakewood/Willowwood
Average Rent
$1,593/Month
TransitScore® Rating
38/100
Units Available
12 Rentals
Lakewood/Willowwood is a top choice for budget-conscious renters for a variety of reasons. The average rent in Lakewood/Willowwood is $1,593 while the city average is $1,297. Residents enjoy convenient access to Fred Heutte Center, Virginia Zoo, and Eastern Virginia Medical Sch.. The neighborhood is considered somewhat walkable with a WalkScore® of 57.
Hunter's Square
Average Rent
$1,610/Month
Year-Over-Year Rent Change
2.5%
TransitScore® Rating
62/100
Units Available
39 Rentals
When you’re looking for a great Norfolk neighborhood on a budget, check out Hunter's Square. The average rent is $1,610, compared to the city average of $1,297. Rent prices have increased by 2.5%. Hunter's Square is convenient to Civic Plaza, Nauticus, and Twenty First Street Pavilion. The community is walkable with a WalkScore® of 86.
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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.