Zumper
modified
Updated 15 Hours Ago

Highlights

  • Pet Friendly
  • Spacious rooms
  • Thoughtfully designed layouts
  • Convenient amenities

Location

701 S Main St, Norfolk, VA 23523, USA|Hardy Field
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Tour The Banks at Berkley

Contact

Management

Woda Cooper Companies, Inc.

Leasing office

(844) 326-4677 ext. 4111

Open 

8:30 am–4:30 pm ET

Property Overview

The Banks at Berkley earns a solid 7.7 rating, with especially strong marks for location, value, and amenities. Its spacious rooms, thoughtfully designed layouts, and convenient amenities are complemented by 19 photos, strong value for money, and proximity to a highly rated elementary school.

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

Zumper Expert Rating

7.7
Very Good
The Banks at Berkley is worth considering and a notable rental in the neighborhood. Residents prioritizing Location will find this property to be a solid option for their next home. It may not stand out for Quality, but it offers a satisfying, above-average quality of life.

Things you’ll love

  • Elementary school nearby
  • Less expensive
  • Images Available

Floor plans

2 Bdrm2 bed1 bath870 sqft$777–$1,262 /mo
3 Bdrm3 bed2 bath1,076 sqft$1,395 /mo2 units available

Let's explore this property.

Amenities for The Banks at Berkley

Building

Cats OKDogs OK
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

Application Fee

Per-applicant. Agent application fee.

Contact Property

REQUIRED FEES

Security Deposit

One-time.

Contact Property

OPTIONAL FEES

Dog Policy

Allowed
Limit2
Breed restrictionsYes

Please call our Leasing Office for complete Pet Policy information.

Cat Policy

Allowed
Limit2

Cat

Pet Terms

2 cats max.

Dog

Pet Terms

2 dogs max.

Questions about this property’s policies and fees?

Building details

Property details

Units50
Lease terms12 months

About The Banks at Berkley

HomeApartments in NorfolkHardy Field The Banks at Berkley

Our 2- & 3-bedroom apartments at The Banks at Berkley in Norfolk, Virginia, have it all – from thoughtfully designed layouts to spacious rooms and convenient amenities. Our location in Norfolk puts you in proximity to the schools, shopping, parks, and businesses that matter most to you.


Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
7.7
/10
Very Good
The Banks at Berkley is worth considering and a notable rental in the neighborhood. Residents prioritizing Location will find this property to be a solid option for their next home. It may not stand out for Quality, but it offers a satisfying, above-average quality of life.
How we rated The Banks at Berkley
Price·8A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Scoring a 8/10, The Banks at Berkley is a great option for renters looking for apartments in Hardy Field. The rent is significantly lower than the median rent for the area, therefore this property is competitively priced for its location and its features. Residents here will find a home that meets their needs with few trade-offs.
Amenities·8A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
With multiple in-demand amenities, The Banks at Berkley is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
The Banks at Berkley is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While The Banks at Berkley does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The Banks at Berkley provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.

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 The Banks at Berkley compares to other nearby properties.

Positives

Elementary school nearby
There is an elementary school 0.1 miles away
Less expensive
The 2-bedrooms are cheaper than other similar listings nearby
Images Available
There are at least 10 photos of this property

Considerations

Greater distance from high schools
The nearest high school is farther than 1.8 miles away

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Rent trends in Hardy Field

If you decide to upgrade your space, you can expect 2-bedrooms at The Banks at Berkley to be 16% less than the average for similarly sized apartments in Hardy Field.

3-bedroom apartments at The Banks at Berkley cost about 22% less than the average rent price for 3-bedroom apartments in Hardy Field.

Median rents as of Oct 10 2026.
Hardy Field
Norfolk
A table of 2-bedroom apartment rental data trends in Norfolk
MonthMedian Rent
October 2024$1,465
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
March 2026$1,462
April 2026$1,500
May 2026$1,491
June 2026$1,538
July 2026$1,588
August 2026$1,591
September 2026$1,578
October 2026$1,550
A table of 2-bedroom apartment rental data trends in Hardy Field
MonthMedian Rent
February 2025$1,097
March 2025$1,094
April 2025$1,075
November 2025$1,275
December 2025$1,266
January 2026$1,230
June 2026$1,228
July 2026$1,245
August 2026$1,232
September 2026$1,237
October 2026$1,215

Affordability calculator

Can I afford to live at 701 S Main St?

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

$31,080/yr

With your selected rent-to-income ratio, you'd ideally want to make $31,080 annually to afford this 2-bedrooms monthly rent price of $777.
For more information on rent affordability, visit our rent calculator.

Schools near The Banks at Berkley

St. Helena Elementary School

903 s main st

norfolk, VA, 23523

PK, K-5Public
C-

Berkley/Campostella Early Childhood Education Center

1530 cypress st

norfolk, VA, 23523

PKPublic

Ghent School

200 shirley ave

norfolk, VA, 23517

K-8Public
B-

Easton Preschool

1132 wade st

norfolk, VA, 23502

PKPublic

Lake Taylor Middle School

1380 kempsville rd

norfolk, VA, 23502

K-8Public
C
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Getting around Norfolk near 701 S Main St

Walking

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

Driving

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

Cycling

4/10
This is semi-bikeable, but you’ll need another way of getting around.

Transit

3/10
There are a few mass transit options within the area.

Points of interest for 701 S Main St, Norfolk

Groceries

8/10
At least one supermarket within a 10-minute walk

Shopping

5/10
Several shops within walking distance

Cafes

3/10
Some cafés within walking distance

Restaurants

5/10
Some restaurants within a few minutes’ walk

Primary schools

10/10
At least one elementary school within a 5-minute walk

High schools

1/10
Closest high school further than a 30-minute walk

Parks

8/10
Large amount of park space nearby

Nightlife

2/10
Some bars within walking distance

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