Average Rent in Downtown Norfolk, Norfolk, VA

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Current Versus Historical Downtown Norfolk, Norfolk, VA Rents

Downtown Norfolk rentals. Currently, there are no available rental listings in this area.
For the apartment units and housing in June 2024, median rents have risen substantially over the last year. Studio rentals prices have increased by $0 (0.00%) year-over-year from $12 to $12. 1-bedroom rentals prices have increased by $308 (17.70%) year-over-year from $1,742 to $2,050. 2-bedroom rentals prices have decreased by $205 (-9.54%) year-over-year from $2,153 to $1,948. 3-bedroom rentals prices have increased by $700 (30.50%) year-over-year from $2,295 to $2,995. 4-bedroom rentals prices have increased by $0 (0.00%) year-over-year from $1,500 to $1,500. 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 up by 16.15% this month. 2-bedroom rents have gone up by 3.94% this month. 3-bedroom rents have gone down by 0.00% this month. 4-bedroom rents have gone down by 0.00% this month.
Beds
Price / Sqft
Jun 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)

Historical Rents in Downtown Norfolk, Norfolk, VA

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Downtown Norfolk



City Studio 1 Bed 2 Bed All

Top Neighborhoods Near Downtown Norfolk



Neighborhood Studio 1 Bed 2 Bed All

Top Counties Near Downtown Norfolk



County Studio 1 Bed 2 Bed All

Top Zipcodes Near Downtown Norfolk



Zipcode Studio 1 Bed 2 Bed All

Frequently Asked Questions - Downtown Norfolk Average Rents

Do Downtown Norfolk, Norfolk, VA rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Downtown Norfolk, Norfolk, VA.
How have rent prices in Downtown Norfolk, Norfolk, VA changed this year?
Rent prices for rentals in Downtown Norfolk, Norfolk, VA can fluctuate yearly. Specifically, studio rental prices have changed by 0.00%, one bedroom rental prices have changed by 0.18%, two bedroom rental prices have changed by -0.10%, three bedroom rental prices have changed by 0.31% year-over-year.
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