Rental prices in Bayview, Norfolk, VA have increased by 12.87% over the past year. The average rent moved from $1,160 to $1,309.
Check out the average rent in Norfolk.
The national average price of rental apartments is $1,740, while the average monthly rent in Bayview, Norfolk, VA is $1,309.
The average monthly rent for an apartment in Bayview, Norfolk, VA is around $1,309.
A share of 94% of apartments in Bayview, Norfolk, VA have the cheapest rents between $1,001-$1,500. Around 4% of Bayview's apartments have monthly rents between $1,501-$2,000. There are 2% of apartments with rents between $2,001-$2,500.
The largest share of rentals in Bayview, Norfolk, VA (94%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.
The average rent in Bayview, Norfolk, VA is $1,174.
In Bayview, 51% of the residents are renting compared to 49% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 6% of Bayview's rentals, 80% are small-scale complexes with under 50 units, and 14% are single-family rentals.
In total, Bayview, Norfolk, VA has 5,254 residents, 2,631 women and 2,623 men, per U.S. Census recent estimates. Statistics show that the median age of Bayview’s population is 35.
There is a total of 2,437 households in Bayview, Norfolk, VA. Of these, 604 have children and 1,834 are without children. Per Census Bureau’s most current estimates, 1,316 family households and 1,121 non-family households live in this area. The size of a household in Bayview is 1.99 people, on average. The median household annual income in Bayview equals $62,428, and the monthly housing costs equal $1,283.
According to data from the U.S. Census Bureau, 3% of the population in Bayview, Norfolk, VA have no high school education, 33% went to high-school, and 26% have partially completed college. Moreover, 9% of the population hold an Associate Degree, 19% hold a Bachelor Degree, and 10% hold a Graduate Degree.
