Average Rent in 23503, Norfolk, VA

23503 rentals average $1,050 for a 1-bedroom rental to $2,800 for a 4-bedroom rental. The median price of all currently available listings is $1,350, or roughly $1 per square feet.

For the apartment units and housing in May 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $350 (11.11%) year-over-year from $3,150 to $3,500. 1-bedroom rentals prices have decreased by $25 (-2.36%) year-over-year from $1,058 to $1,033. 2-bedroom rentals prices have decreased by $48 (-3.72%) year-over-year from $1,298 to $1,250. 3-bedroom rentals prices have increased by $15 (0.80%) year-over-year from $1,880 to $1,895. 4-bedroom rentals prices have increased by $264 (10.42%) year-over-year from $2,536 to $2,800. Note that this figure includes all active and rented listings throughout the month.

Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 0.00% this month. 1-bedroom rents have gone down by 2.06% this month. 2-bedroom rents have gone down by 5.59% this month. 3-bedroom rents have gone down by 3.91% this month. 4-bedroom rents have gone up by 2.50% this month.