Zumper
modified
4 Days Ago

Highlights

  • Waterfront view
  • Interior bike storage
  • Relaxed casual living
  • Key fob
  • Third floor balcony
  • Parking area

Location

40 Rader St #308, Norfolk, VA 23510, USA

Tour 40 Rader St #308

Contact

Marlo Wynn

RW TOWNE PROPERTY MANAGEMENT, LLC

(844) 334-7552 ext. 8063

Property Overview

Located in a vibrant area, this unit offers easy access to local amenities and attractions. Notable features include contemporary finishes, spacious layouts, and an abundance of natural light, enhancing the living experience. Ideal for those seeking a dynamic lifestyle, it presents a blend of convenience, comfort, and appealing design elements.

This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.

Things you’ll love

  • Images available

Great for

  • Pet owners
  • Social life

Amenities for 40 Rader St #308

Apartment Amenities

BalconyCarpet
Central AirFloor Number: 3
OfficeWalk-in Closet

Appliances

DishwasherIn-Unit Laundry

Grounds

Assigned ParkingStorage

Other

Heat Pump HeatingRoof Type: Metal
View Type: River
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

Questions about this property’s policies and fees?

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About 40 Rader St #308

HomeApartments in Norfolk 40 Rader St #308, Norfolk, VA 23510, USA

Property Status: Active 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. There's a 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. Office Phone: (757) 436-5500 Copyright © 2026 Real Estate Information Network, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


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Property 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 40 Rader St, Norfolk, VA 23510, USA compares to other nearby properties.

Positives

Images available
There are at least 10 photos of this address

Considerations

Greater distance from middle schools
The nearest middle school is farther than 1 mile away

Address details

Zip code23510
TypeCondo for rent

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Rent trends in Norfolk

2-bedroom apartments at 40 Rader St #308 cost about 72% more than the average rent price for 2-bedroom apartments in Norfolk.

Median rents as of Feb 28 2026.
Norfolk
A table of 2-bedroom apartment rental data trends in Norfolk
MonthMedian Rent
March 2024$1,533
April 2024$1,586
May 2024$1,482
June 2024$1,489
July 2024$1,496
August 2024$1,494
September 2024$1,469
October 2024$1,453
November 2024$1,477
December 2024$1,402
January 2025$1,413
February 2025$1,402
March 2025$1,451
April 2025$1,398
May 2025$1,439
June 2025$1,497
July 2025$1,545
August 2025$1,536
September 2025$1,498
October 2025$1,451
November 2025$1,473
December 2025$1,477
January 2026$1,477
February 2026$1,456

Affordability calculator

Can I afford to live at 40 Rader St #308?

Bedrooms

2 bedrooms

Rent-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

$100,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $100,000 annually to afford this 2-bedrooms monthly rent price of $2,500.
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.
Check out the past listing prices for monthly rent at 40 Rader St, Norfolk, VA.
7 months ago$1,4501 bed1 bath
7 months ago$1,4501 bed1 bath
10 months ago$2,0502 bed2 bath
10 months ago$2,0502 bed2 bath
1 year ago$2,5002 bed2 bath
1 year ago$1,4251 bed1 bath
1 year ago$1,4251 bed1 bath
1 year ago$1,4951 bed1 bath
1 year ago$1,4951 bed1 bath

Schools near 40 Rader St #308

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Internet available near 40 Rader St #308

Getting around Norfolk near 40 Rader St #308

Walking

6/10
Some shops and stores are within a few minutes.

Driving

9/10
Commuting is easy with multiple accessible routes and plenty of parking.

Cycling

5/10
More spots are within biking distance and some roads are cyclist-friendly.

Transit

5/10
Frequent public transit options are within walking distance.

Points of interest for 40 Rader St #308, Norfolk

Groceries

2/10
At least one supermarket within a 30-minute walk

Shopping

5/10
Several shops within walking distance

Cafes

4/10
Some cafés within a few minutes’ walk

Restaurants

6/10
Some restaurants within a few minutes’ walk

Primary schools

6/10
At least one elementary school within a 20-minute walk

High schools

6/10
At least one high school within a 20-minute walk

Parks

6/10
Large amount of park space nearby

Nightlife

3/10
Some bars within walking distance

Other units at this address

40 Rader St Norfolk, VA

Occupied

407

1 Bed

1 Bath

$1,425

Listed by Downtown Norfolk
Days on market: 508
Downtown Norfolk: One bedroom condo with bold river views of the Elizabeth River and Downtown Norfolk. Private balconies from most rooms. This condo is spacious and bright and can be moved right into. Freshly painted and will have new carpet.

Occupied

311

1 Bed

1 Bath

$1,450

Listed by Downtown
Days on market: 219
Bold water views from this updated condo with newer kitchen and bathroom. Large balcony to enjoy the fresh air off the river and great for entertaining or relaxing. Tile and beautiful wood floors help make the condo shine! Open floor plan with electric fireplace in the the living room and bedroom. Condo building has an elevator, exercise room, assigned storage, secured entrances and assigned parking. Available Now. One small pet negotiable. If pet is a dog, it must be approved by Condo board first with a one time registration fee of $150 paid to Condo Association. No smoking/vaping inside unit. **NOTE: Condo requires move in and out fee of $500.**

Occupied

602

1 Bed

1 Bath

$1,495

Listed by Leasing Office
Days on market: 3195
40 Rader Street # 602 - Wow! Vaulted ceiling, roof top patio, beautiful views of the water & the Hague,large balcony, unbelievable light, floor to ceiling windows on north side, fireplace 4 cozy winter evenings and a boat slip. You will love this living space, open airy, contemporary w/ all your modern and update conveniences.

Occupied

112

1 Bed

1 Bath

$1,495

Listed by Downtown Area
Days on market: 570
Downtown Norfolk: Bright and open one bedroom that is ready to move into. Rent includes water, sewer, trash, ground maintenance and basic cable. Condo also has an off street reserved parking space. All appliances included. Sorry no pets. Centrally located to Downtown Norfolk, Ghent, EVMS, ODU and Bases.

Occupied

411

1 Bed

1 Bath

$1,600

Listed by Leasing Office
Days on market: 1061
- 1 Bdrm/1Bath waterfront condo with an exceptional view of the Elizabeth River from the 4th floor. 8'x28' covered deck. 5 min walk to Sentara Norfolk General, CHKD, Harbor towers. Great for med students, healthcare employees, and the 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 near the entrance can be viewed from the deck. 10' ceiling in the living area with a full wall of windows in the bedroom and living area including window treatments. New carpet in bedroom, new vinyl plank flooring in the living area. Water access for kayaking and paddle boarding, interior bike storage. New HVAC installed 2021 w/programmable thermostat. New refrigerator w/icemaker and Built-in microwave range/oven. No smoking. No pets. Credit score of at least 600. No Pets Allowed

Occupied

205

2 Beds

2 Baths

$1,625

Listed by Leasing Office
Days on market: 2299
40 Rader Street #205 - Amazing water front condo with bold views of the Elizabeth River and the city. Freshly painted and updated. This condo is light & bright and includes all appliances. Private balcony of living room and master bedroom. Located in a secured building. Move right in. Available now. Contact Chandler Property Management, LLC at 757-623-3003 for more information or to set up an appointment to view the property. No Pets Allowed

Occupied

304

2 Beds

2 Baths

$1,650

Listed by Leasing Office
Days on market: 1969
Downtown Area - Downtown Norfolk- Beautiful bold waterfront condo with tall views of the Elizabeth River. Condo has 2 large bedrooms and 2 Baths. The kitchen and living areas are bright and open. Kitchen and baths are updated and this beautiful condo is ready to call home. Most utilities included in the rent and all appliances are included plus reserved parking. One small pet negotiable. Property available now . Contact Melissa Johnson with Rose & Womble Chandler Property Management, LLC at 757-222-6264 for more information or to set up an appointment to view the property.

Occupied

102

2 Beds

2 Baths

$1,650

Listed by Leasing Office
Days on market: 2366
40 Rader Street Unit#102 - Super Waterfront Condo Situated on the Elizabeth River, the condo enjoys floor to ceiling views of the NOAA harbor and the Hague River. Enjoy the wide balcony, which offers outdoor space for dining, entertaining or relaxing. Condo includes assigned off street parking, storage and included utilities are w/s, trash and basic cable. Spacious and bright 2 bedroom and 2 bath ready to move into. Pets nego.

Occupied

APT 511

2 Beds

2 Baths

$1,750

Listed by Leasing Office
Days on market: 2815
NORFOLK WATERFRONT CONDO FOR RENT!!! - Great views of Norfolk Waterfront. Huge living room, dining rooms area. No smoking. No Pets. Reserved parking. No Pets Allowed

Occupied

210

2 Beds

2 Baths

$2,050

Listed by Downtown
Days on market: 295
Beautiful waterfront corner unit in Downtown Norfolk. 3 balconies provide stunning views of the Elizabeth River! 12 foot ceilings give an open and airy feel to this 2 bedroom, 2 bath condo. Close proximity to Shopping, Dining, Entertainment Venues, Museums, Interstates, Hospitals and more. Key fob to gated parking and building entrance. 24/7 security camera coverage of the parking area and interior common areas. One assigned parking space. Small pet is negotiable with a pet deposit. Sorry, no smoking/vaping inside unit. Available - 7/3/2025.

Occupied

105

2 Beds

2 Baths

$2,200

Listed by Leasing Office
Days on market: 1663
The Pier - Downtown Norfolk - 2 Bedrooms, 2 bath condo with bold river views of the Elizabeth River and Downtown Norfolk. This condo is spacious and bright and can be moved right into. Kitchen and Baths are updated!! Beautiful hardwood floors throughout. This condo will be fully furnished and available for a 6 month lease. Property available October 1, 2021. Contact Melissa Johnson with Rose & Womble, Chandler Property Management, LLC at 757-623-3003 for more information or to set up an appointment to view the property. No Pets Allowed

Occupied

410

2 Beds

2 Baths

$2,500

Listed by Leasing Office
Days on market: 1423
Downtown Area - Downtown Norfolk: Two bedroom, two bath condo with bold river views of the Elizabeth River and Downtown Norfolk. Private balconies from most rooms. This condo is spacious and bright and can be moved right into. Kitchen and baths updated, condo is freshly painted and will have new carpet in the bedrooms. Condo has a full appliance package, storage closet and boat slip.

Occupied

2 Beds, 2.5 Baths

2 Beds

2.5 Baths

$2,950

Listed by DOWNTOWN AREA
Days on market: 668
Amazing views from this 5th floor corner unit condo don't stop during the day, you get endless views into the evening too! This 2 bedroom 2 full bath condo has balconies in each room for you to enjoy. Remodeled Kitchen with newer cabinets and Granite tops, pantry too. Primary suite with private balcony, walk in closet and double vanity. Situated blocks from Norfolk General, EVMS, Waterside and minutes from Norfolk Naval Base and the interstate. Rent Includes, Water, Sewer, Trash, Clubhouse, and brand new Gym. 1 reserved parking space. Boat slip available as well. Pets considered with deposit and HOA approval. Multi year lease a plus. Apply online at www howardhananrentals com

Occupied

203

3 Beds

2 Baths

$2,250

Listed by Leasing Office
Days on market: 2370
- Downtown- 3 bedroom condo w/ floor to ceiling water views. Tons of outdoor balcony space for relaxing or entertaining. Kitchen is updated and open to ling area. Kitchen has walk-in pantry, stainless steel appliances and granite counters. Lots of built ind and closet space. All appliances included. Pets nego.

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