Rental prices in Pinewell, Norfolk, VA have increased by 9.8% over the past year. The average rent moved from $1,798 to $1,974.
Check out the average rent in Norfolk.
The national average price of rental apartments is $1,740, while the average monthly rent in Pinewell, Norfolk, VA is $1,974.
The average monthly rent for an apartment in Pinewell, Norfolk, VA is around $1,974.
A share of 18% of apartments in Pinewell, Norfolk, VA have the cheapest rents between $1,001-$1,500. Around 11% of rentals are $2,501-$3,000. Around 36% of Pinewell's apartments have monthly rents between $1,501-$2,000. There are 35% of apartments with rents between $2,001-$2,500.
The largest share of rentals in Pinewell, Norfolk, VA (36%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.
The average rent in Pinewell, Norfolk, VA is $1,174.
In Pinewell, 53% of the residents are renting compared to 47% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 6% of Pinewell's rentals, 79% are small-scale complexes with under 50 units, and 14% are single-family rentals.
In total, Pinewell, Norfolk, VA has 1,379 residents, 677 women and 702 men, per U.S. Census recent estimates. Statistics show that the median age of Pinewell’s population is 35.5.
There is a total of 646 households in Pinewell, Norfolk, VA. Of these, 153 have children and 493 are without children. Per Census Bureau’s most current estimates, 343 family households and 303 non-family households live in this area. The size of a household in Pinewell is 2.12 people, on average. The median household annual income in Pinewell equals $67,649, and the monthly housing costs equal $1,343.
According to data from the U.S. Census Bureau, 3% of the population in Pinewell, Norfolk, VA have no high school education, 35% went to high-school, and 25% have partially completed college. Moreover, 8% of the population hold an Associate Degree, 18% hold a Bachelor Degree, and 11% hold a Graduate Degree.
