The average monthly rent for an apartment in Downtown Norfolk, Norfolk, VA is around $1,650.
Studio Apartments for Rent in Downtown Norfolk, Norfolk, VA
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More Rentals Near Downtown Norfolk, Norfolk, VA
Rental prices in Downtown Norfolk, Norfolk, VA have increased by 1.25% over the past year. The average rent moved from $1,630 to $1,650.
Check out the average rent in Norfolk.
The national average price of rental apartments is $1,750, while the average monthly rent in Downtown Norfolk, Norfolk, VA is $1,650.
The average monthly rent for an apartment in Downtown Norfolk, Norfolk, VA is around $1,650.
A share of 37% of apartments in Downtown Norfolk, Norfolk, VA have the cheapest rents between $1,001-$1,500. Around 51% of Downtown Norfolk's apartments have monthly rents between $1,501-$2,000. There are 11% of apartments with rents between $2,001-$2,500.
The largest share of rentals in Downtown Norfolk, Norfolk, VA (51%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.
The average Downtown Norfolk, Norfolk, VA studio apartment size is 476 sq. ft.
Studio apartments in Downtown Norfolk, Norfolk, VA tend to be more affordable than other apartments and they have lower utility costs.
One of the downsides of living in a studio apartment is the limited storage space.
In total, Downtown Norfolk, Norfolk, VA has 3,421 residents, 1,637 women and 1,784 men, per U.S. Census recent estimates. Statistics show that the median age of Downtown Norfolk’s population is 35.
There is a total of 1,802 households in Downtown Norfolk, Norfolk, VA. Of these, 267 have children and 1,535 are without children. Per Census Bureau’s most current estimates, 617 family households and 1,185 non-family households live in this area. The size of a household in Downtown Norfolk is 1.63 people, on average. The median household annual income in Downtown Norfolk equals $70,450, and the monthly housing costs equal $1,572.
According to data from the U.S. Census Bureau, 2% of the population in Downtown Norfolk, Norfolk, VA have no high school education, 25% went to high-school, and 18% have partially completed college. Moreover, 6% of the population hold an Associate Degree, 26% hold a Bachelor Degree, and 22% hold a Graduate Degree.