Rental market snapshot for Norfolk, Virginia
Norfolk, Virginia Rental Property Market Overview
Norfolk, Virginia is a vibrant city located in the Hampton Roads region of the state. With a population of 235,089 as of 2021 according to the US Census, Norfolk is the second-largest city in Virginia. The city is home to a diverse range of attractions, including the Chrysler Museum of Art, the Norfolk Botanical Garden, and the Virginia Zoo. Norfolk is also a major port city, with a large naval base and a thriving maritime industry. With its rich history, vibrant culture, and beautiful scenery, Norfolk is a great place to live and visit.
The average rent for an apartment in Norfolk is $1,517. The cost of rent varies depending on several factors, including location, size, and quality.
The average rent has decreased by 2.4% over the past year.
Last Updated May 05, 2023
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Average monthly rent graph in Norfolk Virginia | Cost of Living
- The most expensive ZIP code in Norfolk is 23508 with an average price of $1,861
- The cheapest ZIP code in Norfolk is 23523 with an average price of $699
Norfolk ZIP codes with the highest, most expensive rent
| # | ZIP Code | Average Rent |
|---|---|---|
| 1 | 23508 | $1,861 |
| 2 | 23518 | $1,695 |
| 3 | 23510 | $1,682 |
| 4 | 23509 | $1,654 |
| 5 | 23507 | $1,495 |
| 6 | 23503 | $1,450 |
| 7 | 23517 | $1,405 |
| 8 | 23505 | $1,400 |
| 9 | 23513 | $1,350 |
Live near Norfolk, Virginia's Top Sights and Attractions
Larchmont Elementary And Recreation Center is a popular attraction in Norfolk, Virginia. It is a large complex that includes a school, a playground, a gymnasium, a swimming pool, and a community center. The school offers classes for children from kindergarten through fifth grade, while the playground and gymnasium provide plenty of fun activities for kids of all ages. The swimming pool is a great place to cool off in the summer, and the community center hosts a variety of events and activities throughout the year.
Ocean View Beach is a popular beach destination located on the Chesapeake Bay. It features a wide, sandy beach with plenty of room to relax and soak up the sun. The beach is also a great spot for swimming, fishing, and other water activities. The beach is lined with a boardwalk, which is perfect for strolling and taking in the stunning views of the bay. There are also plenty of restaurants and shops nearby for visitors to enjoy.
Plum Point Park is a picturesque waterfront park located on the banks of the Elizabeth River. The park features a boardwalk, picnic areas, a playground, and a fishing pier. Visitors can also enjoy a variety of outdoor activities such as kayaking, canoeing, and paddle boarding. The park also features a variety of wildlife, including ducks, geese, and other waterfowl. The park is a great place to relax and take in the beautiful views of the river.
Ocean View Golf Course is a picturesque 18-hole golf course located on the coast of the Atlantic Ocean. It offers stunning views of the ocean and nearby islands, as well as challenging holes for golfers of all skill levels. The course features a driving range, putting green, and a pro shop. It also offers lessons and clinics for those looking to improve their game. The course is surrounded by lush greenery and is a great place to spend a day outdoors.
Town Point Park is a beautiful waterfront park located on the Elizabeth River in Norfolk, Virginia. It offers stunning views of the river, the downtown skyline, and the nearby naval base. The park features a variety of amenities, including a large grassy area, a playground, picnic areas, a boardwalk, and a marina. There are also a number of events held at the park throughout the year, including outdoor concerts, festivals, and art shows.
Mona Avenue Park is a beautiful green space located in the heart of the city. It features a large pond, walking trails, and plenty of lush vegetation. There are also several picnic areas, playgrounds, and a basketball court. The park is a great place to relax, take a stroll, or just enjoy the scenery. It's a popular spot for locals and visitors alike, and is a great way to spend an afternoon.
Northside Park is a large public park located on the banks of the Elizabeth River. It features a variety of recreational activities, including a playground, picnic areas, walking trails, and a boat launch. The park also has a large open field, perfect for sports and other outdoor activities. There is also a fishing pier, a beach, and a boardwalk with stunning views of the river.
Four Farthing or Town Point Historical Marker is a monument located on the Elizabeth River in Virginia. It marks the site of the first permanent English settlement in the area, established in 1682. The marker is a tall granite obelisk inscribed with the names of the original settlers, and is surrounded by a small park with benches and a walking path. The site offers stunning views of the river and the city skyline, and is a popular spot for locals and tourists alike.
Ocean View Park is a large public park located on the shore of the Chesapeake Bay. It features a wide variety of recreational activities, including a beach, picnic areas, playgrounds, walking trails, and a fishing pier. The park also has a large grassy area perfect for sports and other outdoor activities. There are also several pavilions and gazebos available for rent, making it a great spot for special events. The park is open year-round and offers stunning views of the bay and the surrounding area.
The Hampton Roads Naval Museum is a maritime museum located in Norfolk, Virginia. It is dedicated to preserving and interpreting the history of the U.S. Navy in the Hampton Roads region. The museum features a variety of exhibits, including artifacts, photographs, and interactive displays that tell the story of the Navy in the area. Visitors can explore the museum's galleries, which feature artifacts from the Revolutionary War, the Civil War, and World War II, as well as modern naval vessels. The museum also offers educational programs, special events, and guided tours.
Norfolk, Virginia area median rent change by ZIP code map
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How does Norfolk compare to other cities in Virginia ?
| city | median price |
|---|---|
| Herndon | $2,235 |
| Centreville | $2,021 |
| Charlottesville | $1,775 |
| Colonial Heights | $1,700 |
| Suffolk | $1,660 |
| Spotsylvania | $1,655 |
| Portsmouth | $1,399 |
Average household income in Norfolk area graph - US Census
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The median household income in Norfolk in 2021 was $56,244. This represents a 28.1% change from 2011 when the median was $43,914.
| # | category | percent |
|---|---|---|
| 0 | Less than $10,000 | 8.4% |
| 1 | $10,000 to $14,999 | 4.5% |
| 2 | $15,000 to $19,999 | 4.8% |
| 3 | $20,000 to $24,999 | 5.0% |
| 4 | $25,000 to $29,999 | 5.2% |
| 5 | $30,000 to $34,999 | 5.7% |
| 6 | $35,000 to $39,999 | 3.9% |
| 7 | $40,000 to $44,999 | 4.8% |
| 8 | $45,000 to $49,999 | 4.5% |
| 9 | $50,000 to $59,999 | 8.7% |
| 10 | $60,000 to $74,999 | 10.8% |
| 11 | $75,000 to $99,999 | 12.3% |
| 12 | $100,000 to $124,999 | 7.6% |
| 13 | $125,000 to $149,999 | 4.8% |
| 14 | $150,000 to $199,999 | 4.8% |
| 15 | $200,000 or more | 4.1% |
