Apartments in 23507

1 - 12 of 12 Results

15

$1,175 - 1,250

Fairfax407

407 Fairfax Ave Norfolk, VA

1 BR | Available Now

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Disability Access

Ghent Square

1

$3,500

Ghent

502 Colonial Ave Norfolk, VA

6 BR | Available Now

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Dishwasher

1

$1,170

West Ghent

1008 Westover Ave Norfolk, VA

2 BR | Available Now

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Dishwasher

Ghent

1

$1,295

Gates1001

1001 Gates Ave Norfolk, VA

2 BR | Available Now

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West Ghent

1

$2,750

West Ghent

1440 Westover Ave Norfolk, VA

3 BR | Feb. 1, 2025

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West Ghent

1

$995

A618wo

618 W Olney Rd Norfolk, VA

1 BR | Available Now

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Surface Parking

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1

$2,300

5 Bed / 2 Bath Single Family

1020 Westover Ave Norfolk, VA

5 BR | Available Now

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West Ghent

47

$1,875 - 1,910

Ghent Village Apartments

Deal

100 Westover Avenue Norfolk, VA

2 BR | Ask for Availability

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Luxury

Section 8

13

$2,450

Ghent

1135 Llewellyn Ave Norfolk, VA

2 BR | Available Now

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8

$1,495

Ghent

107 Westover Ave Norfolk, VA

2 BR | Available Now

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26

$1,950

611 Stockley Gdns Bldg Norfolk

Norfolk, VA

4 BR | Available Now

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Ghent

0

$2,895

Ghent

1014 Colonial Ave Norfolk, VA

4 BR | Available Now

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Ghent Square

1 - 12 of 12 Results

Find an Apartment in 23507

Looking for an apartment in Norfolk, VA? Rentable has apartments for rent in the 23507 zip code. Currently, there are 14 available units in this area. The average rent in 23507 is $1,880, with 1-bedroom units starting at $995.

The top neighborhoods in 23507 include Ghent Square, South Norfolk Historic District, and Ghent. These neighborhoods offer a variety of amenities and are conveniently located near parks, restaurants, and shops.

If you're looking for apartments near 23507 in Norfolk, VA, Rentable has you covered. Take a look at our listings and find the perfect apartment that suits your needs.

Norfolk:
December Rent Report

Welcome to the December 2024 Norfolk Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the December 2024 key findings and figures for the Norfolk rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Norfolk and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Norfolk average rent prices in the chart below.

Monthly Rent Report

$1,800

$1,350

$900

$450

$0

Jan. 2024

Feb. 2024

Mar. 2024

Apr. 2024

May. 2024

Jun. 2024

Jul. 2024

Aug. 2024

Sep. 2024

Oct. 2024

Nov. 2024

Dec. 2024

1 BR 2 BR

Norfolk Rent Prices Decrease From November to December

Norfolk rent prices decreased over the last month. From November to December, the city experienced a -0.07% decrease for the price of a one-bedroom apartment. The rent price for a Norfolk one-bedroom apartments currently stands at $1,445.0.

When we take a look at the two-bedroom comparison from November to December, Norfolk experienced a 0.46% increase for the price of a two-bedroom apartment. The rent price for a Norfolk two-bedroom apartments currently stands at $1,735.0.

December Prices: Norfolk vs. Surrounding Areas

Rent Prices in Norfolk and Surrounding Areas

Rent prices have decreased in Norfolk over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Norfolk suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

Rents did not increase in any of the Norfolk suburbs
Rents did not decrease in any of the Norfolk suburbs.

December 2024 Pricing Trends: Norfolk vs. National Comparisons

New York, NY

San Francisco, CA

Los Angeles, CA

Washington, DC

Chicago, IL

Columbus, OH

Minneapolis, MN

Pittsburgh, PA

$4,134

$3,160

$2,389

$2,353

$1,914

$1,318

$1,255

$1,234

$0

$1,350

$2,700

$4,050

$5,400

Median Rent

Norfolk Rent Prices More Affordable Than Major Cities

Rent growth in Norfolk over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Norfolk average rent prices appear to be relatively affordable for local residents.

The price for a Norfolk one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Norfolk and surrounding area rent prices, take a look at the complete data set below.

Data set for Norfolk and suburbs

	1 BR December	1 BR M/M % Change	2 BR December	2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.