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Home / Virginia Beach Area Apartments / Norfolk / Downtown Area
Downtown Area Apartment for rent in Norfolk, VA
2 of 42 Downtown Area Apartment for rent in Norfolk, VA
3 of 42 Downtown Area Apartment for rent in Norfolk, VA
4 of 42 Downtown Area Apartment for rent in Norfolk, VA
5 of 42 Downtown Area Apartment for rent in Norfolk, VA
42 Photos
Photos Floor Plans Amenities
Updated 1 hour ago

Downtown Area


40 Rader St #308 Norfolk, VA

2 Bed
•
2 Bath

1,320 Sq. Ft.

Available Now
Floor plans
1 Bed • 1 Bath
$1,200 - $1,495
806 ft2
0 Available
Managed By: Rose And Womble Realty
40 Rader Street #112
$1,200
Rented
View
-
$1,495
Rented
View
1 Bed • 1 Bath
$1,600
884 ft2
0 Available
Managed By: Rose And Womble Realty
40 Rader St #411
$1,600
Rented
View
2 Beds • 2 Bath
$2,500
1320 ft2
1 Available
Managed By: Rose And Womble Realty
-
$2,500
Available Now
View
View More
Where you'll live
Street View
Map View
Satellite View
Amenities
Refrigerator
Garbage Disposal
Microwave
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Property details
Description

Two bedroom, two bath waterfront condo with an exceptional view of the Elizabeth River from the third floor with a balcony. Near Sentara Norfolk General, CHKD and Harbor towers. Great for med students, healthcare employees and military looking for relaxed casual living. A short journey to Harbor Park, Scope, Chrysler Hall, Harrison Opera House and Chrysler Museum. Key fob to parking and building entrance. 24/7 security camera coverage of the parking area and interior common areas. One assigned parking space. Water access for kayaking and paddleboarding. Interior bike storage. Bonus room that can be a study or office space.

Additional Details
Total Unit Count: 1
Last Updated: Updated 1 hour ago
Contact Number: (757) 436-5500
Internet Providers
Provider Max Download Speed (Mbps) Max Upload Speed (Mbps)
Cox Communications, Inc. 1000.0 35.0
ViaSat, Inc. 100.0 3.0
Hughes Network Systems, LLC 25.0 3.0
Verizon Communications Inc. 15.0 1.0
VSAT Systems, LLC 2.0 1.3
Data from June 2020 provided by the FCC
Photos Floor Plans Amenities
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Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for Downtown Area by bedroom type below.
2 Bedroom
Suggested income:
$90,000
per year
Rent report

Downtown Area Rent vs. Norfolk Average

 Downtown Area      Norfolk Average
2BR
$2,500
$1,641
$0
$850
$1,700
$2,550
$3,400

Downtown Area is asking 52% more than the average 2 bedroom apartment in Norfolk.

If you upsized to an average priced Norfolk 3 bedroom apartment, you would pay 22% more per month.

If you downsized to an average priced Norfolk 1 bedroom apartment, you would pay 18% less per month.

Downtown Area provides 29% more square footage than the average Norfolk 2 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
Downtown Area
2BR $2,500 $1.90 $7,500
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.

Studio
1BR
2BR
3BR
4BR
1% 26% 46% 19% 7%
Available Units in Norfolk
Studio 9
1BR 252
2BR 450
3BR 190
4BR 67
Location
Nearby Colleges

Tidewater Community College

Norfolk State University

Old Dominion University

ECPI University

Regent University

Nearby Hospitals
Name Distance
Sentara Norfolk Ge NER Al Hospital 0.58 mi.
Children's Hospital Of The Kings Daughters 0.59 mi.
Hospital For Extended Recovery 0.64 mi.
Nearby Fire Stations
Name Distance
Fairmount Fire Department 3.18 mi.
Virginia Volunteer Fire Department 3.24 mi.
Pride Volunteer Fire Department 5.11 mi.
FAQs
Is this property currently leasing units?
Yes, there is 1 unit available at this property.
How many units are move-in ready in the next 2 months?
This property has 1 unit available for move-in now.
What's the square footage of the available units?
It's 1,320 square feet.
Does this property allow cats or dogs?
This property allows tenants to keep cats and dogs.
How many bedrooms are in the available units?
There are 2 bedroom units available.
How many bathrooms are in the available units?
There are 2 bathroom units available.
What's the monthly rent at this property?
Downtown Area has a 2 bedroom unit starting at $2,500.
Where is this property located?
This property is at 40 Rader St #308 in Norfolk, VA. It's 1.5 miles northwest from the center of Norfolk.
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