5+ Days Ago
Highlights
- Washer and dryer
- No smoking
Location
531 Terrace Ave, Virginia Beach, VA 23451, USA|Northeast Virginia Beach
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Amenities for 531 Terrace Ave, Northeast Virginia Beach
Appliances
| In-Unit Laundry |
Community
| Roof Type: Shingle |
Grounds
| Garage Parking | Outdoor Space |
Other
| Heat Pump Heating |
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
Dog Policy
Not allowed
Cat Policy
Not allowed
No pets allowed.
Questions about this property’s policies and fees?
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About 531 Terrace Ave
Property Status: Active Wonderful coastal cottage located in the heart of the marina district. Nestle in the Shadowlawn neighborhood and conveniently close to shops, restaurants, beach, interstate, and the new surf park and Dome concert venue. 24 hour notice to show. Washer and Dryer convey as is. No Pets No smoking. 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.
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 531 Terrace Ave compares to other nearby properties.
Considerations
- Greater distance from high schools
- The nearest high school is farther than 4 miles away
- No in-unit dishwasher
- Dishwashers aren't available
Address details
| Neighborhood | Northeast Virginia Beach |
|---|---|
| Zip code | 23451 |
| Type | House for rent |
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Rent trends in Northeast Virginia Beach
3-bedroom apartments at 531 Terrace Ave cost about 3% less than the average rent price for 3-bedroom apartments in Virginia Beach.
Median rents as of May 2 2026.
Northeast Virginia Beach
Virginia Beach
| Month | Median Rent |
|---|---|
| May 2024 | $2,176 |
| 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 |
| March 2026 | $2,295 |
| April 2026 | $2,298 |
| May 2026 | $2,325 |
| Month | Median Rent |
|---|---|
| May 2024 | $2,500 |
| June 2024 | $2,696 |
| July 2024 | $2,674 |
| August 2024 | $2,791 |
| September 2024 | $2,800 |
| October 2024 | $2,797 |
| November 2024 | $2,738 |
| December 2024 | $2,641 |
| January 2025 | $2,562 |
| February 2025 | $2,540 |
| March 2025 | $2,535 |
| April 2025 | $2,555 |
| May 2025 | $2,769 |
| June 2025 | $2,790 |
| July 2025 | $2,786 |
| August 2025 | $2,554 |
| September 2025 | $2,544 |
| October 2025 | $2,547 |
| November 2025 | $2,574 |
| December 2025 | $2,587 |
| January 2026 | $2,600 |
| February 2026 | $2,594 |
| March 2026 | $2,592 |
| April 2026 | $2,503 |
| May 2026 | $2,575 |
Affordability calculator
Can I afford to live at 531 Terrace Ave?
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
$100,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $100,000 annually to afford this 3-bedrooms monthly rent price of $2,500.
For more information on rent affordability, visit our rent calculator.
Schools near 531 Terrace Ave
W.T. Cooke Elementary School
1501 mediterranean ave
virginia beach, VA, 23451
PK, K-5Public
A-
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Internet available near 531 Terrace Ave
Neighborhood
Northeast Virginia Beach | Virginia Beach, VA
Getting around Virginia Beach near 531 Terrace Ave
Walking
5/10
Some shops and stores are within a few minutes.
Driving
8/10
This area is close to freeways and has adequate parking options.
Transit
2/10
FYI, there are little to no public transit options within walking distance.
Points of interest for 531 Terrace Ave, Virginia Beach
Groceries
8/10
The nearest general grocery store is within a 10-minute walk, and there are also a few specialist food stores nearby.
Shopping
4/10
Some fashion stores are within walking distance.
Cafes
6/10
The closest café is within a 5-minute walk, and there are a few other cafés within walking distance.
Restaurants
6/10
Several restaurants are within a short walk.
Primary schools
5/10
The closest elementary school is within a 15-to-20-minute walk.
High schools
2/10
The closest high school is within a 20-to-30-minute walk.
Parks
5/10
Few parks in the area.
Nightlife
2/10
The closest bar is within a 15-minute walk, and there are a few other bars within walking distance.
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