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Location
1048 Commonwealth Pl, Virginia Beach, VA 23464, USA
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Amenities for 1048 Commonwealth Pl
Apartment Amenities
| Air Conditioning | Ceiling Fan |
| Central Heat |
Appliances
| Dishwasher | In-Unit Laundry |
Building
| Dogs OK | Onsite Laundry |
Grounds
| Assigned Parking | Outdoor Space |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Parking Policy
Assigned Parking
Dog Policy
Allowed
Cat Policy
Not allowed
Contact for more information on pet policy.
Questions about this property’s policies and fees?
Building details
Property details
| Lease terms | 12+ months |
|---|
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About 1048 Commonwealth Pl
Welcome to this well-appointed 3-bedroom, 1.5-bath townhome at 1048 Commonwealth Place in a quiet neighborhood and great convenient location. Smartly priced at $2,150/mo, this home offers comfortable living space, functional layout, and a convenient location minutes from major commuting routes (I-64 & I-264), Regent University, shopping, dining, and schools. Bonus flex room downstairs perfect office/play/media room Fully fenced backyard private outdoor space Two off-street parking spaces Central heating & A/C In-unit laundry + dishwasher Early Payment Incentive offered for this property! Why It's a Great Value: Priced competitively at $2,150, this home aligns with the median rents and local comps. Renters are securing 3-BR rentals in this range due to strong demand in the market. Lease Terms: 12-month lease minimum Tenant responsible for utilities Pets considered on case-by-case with fee Date Available: March 1st, 2026 Some photos are virtually staged to illustrate potential layout.
Lease Terms
LEASE REQUIREMENTS:
12 Months Minimum. This could be longer, as we don't expire leases between Oct - Feb. APPLICATION FEES ARE NOT REFUNDABLE.
Please review the following criteria and terms carefully and only apply if you meet them.
QUALIFIED APPLICANTS WILL:
-Have verifiable, reliable gross income of at least 3 times the rent (Exception HUD or VA VASH)
-Have no more than 2 occupants/bedroom
-Have no more than 2 unrelated adults (Relationship must be spouse, parent/child, sibling to qualify)
-Not owe money to a previous landlord
-Not have any recent evictions
-Not have any unpaid utilities or car payments reported on the credit report or court records
-Not have been convicted of any crimes to property or persons in the last 7 yrs
-No have been convicted of any drug manufacturing or distribution charges in last 7 yrsProperty highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 1048 Commonwealth Pl, Virginia Beach, VA 23464, USA compares to other nearby properties.
Positives
- Images Available
- There are at least 10 photos of this address
- Pet friendly
- This property allows pets
Address details
| Zip code | 23464 |
|---|---|
| Type | House for rent |
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Rent trends in Virginia Beach
3-bedroom apartments at 1048 Commonwealth Pl cost about 6% less than the average rent price for 3-bedroom apartments in Virginia Beach.
Median rents as of Feb 21 2026.
Virginia Beach
| Month | Median Rent |
|---|---|
| March 2024 | $2,231 |
| April 2024 | $2,198 |
| May 2024 | $2,182 |
| June 2024 | $2,200 |
| July 2024 | $2,222 |
| August 2024 | $2,238 |
| September 2024 | $2,200 |
| October 2024 | $2,223 |
| November 2024 | $2,210 |
| December 2024 | $2,200 |
| January 2025 | $2,198 |
| February 2025 | $2,200 |
| March 2025 | $2,200 |
| April 2025 | $2,200 |
| May 2025 | $2,250 |
| June 2025 | $2,275 |
| July 2025 | $2,300 |
| August 2025 | $2,239 |
| September 2025 | $2,267 |
| October 2025 | $2,250 |
| November 2025 | $2,277 |
| December 2025 | $2,297 |
| January 2026 | $2,298 |
| February 2026 | $2,296 |
Affordability calculator
Can I afford to live at 1048 Commonwealth Pl?
Bedrooms
3 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$86,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $86,000 annually to afford this 3-bedrooms monthly rent price of $2,150.
For more information on rent affordability, visit our rent calculator.
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| Bath | |||||
|---|---|---|---|---|---|
| 2 years ago | $1,950 | 3 bed | 1.5 bath | ||
| 2 years ago | $1,950 | 3 bed | 1.5 bath |
Schools near 1048 Commonwealth Pl
College Park Elementary School
1110 bennington rd
virginia beach, VA, 23464
PK, K-5Public
B-
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Internet available near 1048 Commonwealth Pl
Neighborhood
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Virginia Beach near 1048 Commonwealth Pl
Walking
5/10
Some shops and stores are within a few minutes.
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
4/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
2/10
There are a few mass transit options within the area.
Points of interest for 1048 Commonwealth Pl, Virginia Beach
Groceries
6/10
At least one supermarket within a 20-minute walk
Shopping
5/10
Several shops within walking distance
Cafes
5/10
Some cafés within a few minutes’ walk
Restaurants
5/10
Some restaurants within a few minutes’ walk
Primary schools
8/10
At least one elementary school within a 10-minute walk
High schools
0/10
Closest high school further than a 30-minute walk
Parks
7/10
Large amount of park space nearby
Nightlife
1/10
Few or no bars within walking distance
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Other units at this address
1048 Commonwealth Pl, Virginia Beach, VA
1048 Commonwealth Pl Virginia Beach, VA
Occupied
1048
3 Beds
1.5 Baths
$1,950
Assigned Parking • Hardwood Floor • Dishwasher • Air Conditioning • In-Unit Laundry
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