Rental prices in East Ocean View, Norfolk, VA have increased by 11.09% over the past year. The average rent moved from $1,670 to $1,855.
Check out the average rent in Norfolk.
The national average price of rental apartments is $1,741, while the average monthly rent in East Ocean View, Norfolk, VA is $1,855.
The average monthly rent for an apartment in East Ocean View, Norfolk, VA is around $1,855.
A share of 40% of apartments in East Ocean View, Norfolk, VA have the cheapest rents between $1,001-$1,500. Around 24% of rentals are $2,501-$3,000. Around 23% of East Ocean View's apartments have monthly rents between $1,501-$2,000. There are 13% of apartments with rents between $2,001-$2,500.
The largest share of rentals in East Ocean View, Norfolk, VA (40%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.
The average rent in East Ocean View, Norfolk, VA is $1,374.
In East Ocean View, 44% of the residents are renting compared to 56% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 5% of East Ocean View's rentals, 68% are small-scale complexes with under 50 units, and 23% are single-family rentals.
In total, East Ocean View, Norfolk, VA has 4,366 residents, 2,182 women and 2,184 men, per U.S. Census recent estimates. Statistics show that the median age of East Ocean View’s population is 38.
There is a total of 1,917 households in East Ocean View, Norfolk, VA. Of these, 454 have children and 1,463 are without children. Per Census Bureau’s most current estimates, 1,206 family households and 711 non-family households live in this area. The size of a household in East Ocean View is 2 people, on average. The median household annual income in East Ocean View equals $73,899, and the monthly housing costs equal $1,451.
According to data from the U.S. Census Bureau, 3% of the population in East Ocean View, Norfolk, VA have no high school education, 34% went to high-school, and 24% have partially completed college. Moreover, 8% of the population hold an Associate Degree, 20% hold a Bachelor Degree, and 11% hold a Graduate Degree.
