Best Affordable Neighborhoods in Norfolk, VA
Some of the cheapest neighborhoods in Norfolk are River Forest Shores/Wayside Manor, Suburban Acres, 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 9, 2026, the average rent in Norfolk is $1,380, which is 4.6% 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.
River Forest Shores/Wayside Manor
Average Rent
$1,191/Month
Year-Over-Year Rent Change
3.6%
Units Available
13 Rentals
River Forest Shores/Wayside Manor is a top choice for budget-conscious renters for a variety of reasons. The average rent in River Forest Shores/Wayside Manor is $1,191 while the city average is $1,380. This is a 3.6% difference from last year. Residents enjoy convenient access to Ingleside Road, Ballentine / Broad Creek, and Newport News/Williamsburg International.
Suburban Acres
Average Rent
$1,203/Month
Year-Over-Year Rent Change
32%
Units Available
19 Rentals
When you’re looking for a great Norfolk neighborhood on a budget, check out Suburban Acres. The average rent is $1,203, compared to the city average of $1,380. Rent prices have decreased by 32%. Suburban Acres is convenient to Old Dominion University, Nsu, and Norfolk International.
Bay View
Average Rent
$1,258/Month
Year-Over-Year Rent Change
3.3%
Units Available
23 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.
Naval Station Norfolk
Average Rent
$1,259/Month
Year-Over-Year Rent Change
9.7%
Units Available
66 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.
Tidewater Gardens
Average Rent
$1,340/Month
Year-Over-Year Rent Change
0.5%
Units Available
14 Rentals
Tidewater Gardens is an affordable neighborhood in Norfolk with an average rent price of $1,340. Compare this to the city average of $1,380. In the past year, rent prices have increased by 0.5%. Tidewater Gardens provides easy access to Nsu, Harbor Park, and Church Street Shopping Center.
St. Paul's Area
Average Rent
$1,340/Month
Units Available
14 Rentals
If you’re looking for a great, affordable neighborhood in Norfolk, St. Paul's Area might be the perfect place! It has an average rent price of $1,340, while the city’s average stands at $1,380. St. Paul's Area is near Civic Plaza, Norfolk State University, and Church Street Shopping Center.
Tanners Creek
Average Rent
$1,407/Month
Year-Over-Year Rent Change
11.1%
Units Available
11 Rentals
Tanners Creek is a top choice for budget-conscious renters for a variety of reasons. The average rent in Tanners Creek is $1,407 while the city average is $1,380. This is a 11.1% difference from last year. Residents enjoy convenient access to Nsu, Ballentine / Broad Creek, and Tidewater Arboretum.
Wards Corner
Average Rent
$1,424/Month
Year-Over-Year Rent Change
6.9%
Units Available
60 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.
St Andrews Place
Average Rent
$1,430/Month
Units Available
10 Rentals
When you’re looking for a great Norfolk neighborhood on a budget, check out St Andrews Place. The average rent is $1,430, compared to the city average of $1,380. St Andrews Place is convenient to Fred Heutte Center, Virginia Zoo, and Bromley Shopping Center.
Ghent
Average Rent
$1,630/Month
Year-Over-Year Rent Change
1.4%
Units Available
16 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.
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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.