To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for Newly Renovated 4 Bd 2 Bth by bedroom type below.
5 Bedroom
Suggested income:
$90,000
per year
Rent report
Newly Renovated 4 Bd 2 Bth Rent vs. Norfolk Average
Newly Renovated 4 Bd 2 Bth
Norfolk Average
5BR
$2,500
$3,327
$0
$1,100
$2,200
$3,300
$4,400
Newly Renovated 4 Bd 2 Bth is asking 25%
less than the average 5 bedroom apartment in
Norfolk.
If you downsized to an average priced Norfolk 4 bedroom apartment,
you would pay 37% less per month.
Newly Renovated 4 Bd 2 Bth provides 38%
less square footage than the average
Norfolk 5 bedroom apartment.
Monthly Rent
Rent per Sq. Ft.
Suggested Monthly Income
Newly Renovated 4 Bd 2 Bth
Norfolk Average
Studio
$1,104
$2.50
$3,311
1BR
$1,392
$2.00
$4,176
2BR
$1,641
$1.60
$4,923
3BR
$2,111
$1.50
$6,334
4BR
$2,436
$1.20
$7,309
Availability in Norfolk
In order to find the best deal, you need to know what types of units are available. Property managers may be willing to
give concessions if they have many vacant units.
There are currently 450 2BR
units on the market in Norfolk. If you're looking to negotiate, this may be your best option.