Rental prices in Naval Station Norfolk, Norfolk, VA have increased by 16.27% over the past year. The average rent moved from $1,061 to $1,234.
Check out the average rent in Norfolk.
The national average price of rental apartments is $1,740, while the average monthly rent in Naval Station Norfolk, Norfolk, VA is $1,234.
The average monthly rent for an apartment in Naval Station Norfolk, Norfolk, VA is around $1,234.
A share of 14% of apartments in Naval Station Norfolk, Norfolk, VA have the cheapest rents between ≤ $1000. Around 84% of Naval Station Norfolk's apartments have monthly rents between $1,001-$1,500. There are 1% of apartments with rents between $1,501-$2,000.
The largest share of rentals in Naval Station Norfolk, Norfolk, VA (84%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.
The average rent in Naval Station Norfolk, Norfolk, VA is $1,195.
In Naval Station Norfolk, 61% of the residents are renting compared to 39% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 10% of Naval Station Norfolk's rentals, 76% are small-scale complexes with under 50 units, and 13% are single-family rentals.
In total, Naval Station Norfolk, Norfolk, VA has 18,342 residents, 7,072 women and 11,270 men, per U.S. Census recent estimates. Statistics show that the median age of Naval Station Norfolk’s population is 28.
There is a total of 4,941 households in Naval Station Norfolk, Norfolk, VA. Of these, 1,436 have children and 3,505 are without children. Per Census Bureau’s most current estimates, 2,576 family households and 2,365 non-family households live in this area. The size of a household in Naval Station Norfolk is 3.12 people, on average. The median household annual income in Naval Station Norfolk equals $62,946, and the monthly housing costs equal $1,440.
According to data from the U.S. Census Bureau, 2% of the population in Naval Station Norfolk, Norfolk, VA have no high school education, 44% went to high-school, and 28% have partially completed college. Moreover, 8% of the population hold an Associate Degree, 11% hold a Bachelor Degree, and 7% hold a Graduate Degree.
