Zumper
modified
12 Hours Ago

Highlights

  • Stainless steel appliances
  • Granite countertops
  • Updated bathroom
  • Newly renovated kitchen

Location

387 Terrace Ave, Virginia Beach, VA 23451, USA|Northeast Virginia Beach
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Contact

Management

Pyle Realty, Inc.

Leasing office

(757) 428-1641

Property Overview

Virginia Capes Apartments (14 units) achieves a solid Zumper expert rating of 7.9, reflecting its appeal to renters due to excellent amenities and a prime location rated 9 out of 10. With a price rating of 8, it balances cost effectively with its high-value features like stainless steel appliances and a newly renovated kitchen. This property demonstrates transparency in its listings, with a trustworthiness rating of 7, positioning it in the top 77.78 percentile for value for money in the area.

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

7.9
Very Good
Virginia Capes Apartments (14 units) is worth considering and a notable rental in the neighborhood. Residents prioritizing Amenities 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

  • Less expensive
  • Dishwasher

Floor plans

2BR/1.0BA2 bed1 bath800 sqft$1,600 /mo1 unit availableUpdated 2-bedroom 1 bath apartment located blocks from Rudee Inlet and the beautiful oceanfront boardwalk! Year-round resort living with excellent dining and entertainment options nearby. Maple cabinets with granite counter tops and stainless appliances. LVP wood flooring with carpet in the bedrooms. Spacious bathroom with ceramic tiled floors, tiled tub surround with soaking tub. Renovated laundry room on premises. Excellent location! One parking spot reserved and plenty of off-street parking available. *$250.00 one-time new tenant set-up fee per applicant due at the time of security deposit*

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Policies and fees

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property
Building details

Property details

Units14
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About Virginia Capes Apartments (14 units)

HomeApartments in Virginia BeachNortheast Virginia Beach Virginia Capes Apartments (14 units)

Updated 2-bedroom 1 bath apartment located blocks from Rudee Inlet and the beautiful oceanfront boardwalk! Year-round resort living with excellent dining and entertainment options nearby. Maple cabinets with granite counter tops and stainless appliances. LVP wood flooring with carpet in the bedrooms. Spacious bathroom with ceramic tiled floors, tiled tub surround with soaking tub. Renovated laundry room on premises. Excellent location! One parking spot reserved and plenty of off-street parking available. *$250.00 one-time new tenant set-up fee per applicant due at the time of security deposit*


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.
7.9
/10
Very Good
Virginia Capes Apartments (14 units) is worth considering and a notable rental in the neighborhood. Residents prioritizing Amenities 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 Virginia Capes Apartments (14 units)
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, Virginia Capes Apartments (14 units) is a great option for renters looking for apartments in Northeast Virginia Beach. 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·9A 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.
Virginia Capes Apartments (14 units) goes above and beyond to provide sought-after conveniences and desirable perks, including building or unit level amenities. Renters looking for popular or luxurious features will find them here—and for that reason, Virginia Capes Apartments (14 units) receives one of the highest amenities scores.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Virginia Capes Apartments (14 units) 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 Virginia Capes Apartments (14 units) 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.
Virginia Capes Apartments (14 units) 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 Virginia Capes Apartments (14 units) compares to other nearby properties.

Positives

Less expensive
The 2-bedrooms are cheaper than other similar listings nearby
Dishwasher
Dishwasher available in kitchen

Considerations

Greater distance from middle schools
The nearest middle school is farther than 1 mile away
Lacks images
Fewer than 10 photos available for this location

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Rent trends in Northeast Virginia Beach

2-bedroom apartments at Virginia Capes Apartments (14 units) cost about 20% less than the average rent price for 2-bedroom apartments in Northeast Virginia Beach.

Median rents as of May 2 2026.
Northeast Virginia Beach
Virginia Beach
A table of studio rental data trends in Virginia Beach
MonthMedian Rent
May 2024$2,100
June 2024$2,141
July 2024$2,329
August 2024$2,140
September 2024$1,947
October 2024$1,795
November 2024$1,708
December 2024$1,369
January 2025$1,398
February 2025$1,371
March 2025$1,655
April 2025$2,160
May 2025$1,808
June 2025$1,766
July 2025$1,798
August 2025$1,700
September 2025$1,685
October 2025$1,675
November 2025$1,680
December 2025$1,693
January 2026$1,644
February 2026$1,640
March 2026$1,643
April 2026$1,647
May 2026$1,620
A table of studio rental data trends in Northeast Virginia Beach
MonthMedian Rent
May 2024$2,025
June 2024$1,940
July 2024$1,800
November 2024$1,275
December 2024$1,275
January 2025$1,275
February 2025$1,275
March 2025$1,275
July 2025$1,715
August 2025$1,715
September 2025$1,711
October 2025$1,690
November 2025$1,694
December 2025$1,696
January 2026$1,640
February 2026$1,640
March 2026$1,640
April 2026$1,640
May 2026$1,640

Affordability calculator

Can I afford to live at 387 Terrace Ave?

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

$64,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $64,000 annually to afford this 2-bedrooms monthly rent price of $1,600.
For more information on rent affordability, visit our rent calculator.

Schools near Virginia Capes Apartments (14 units)

W.T. Cooke Elementary School

1501 mediterranean ave

virginia beach, VA, 23451

PK, K-5Public
A-
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Internet available near Virginia Capes Apartments (14 units)

Neighborhood

Northeast Virginia Beach | Virginia Beach, VA

NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.

Getting around Virginia Beach near 387 Terrace Ave

Walking

5/10
Some shops and stores are within a few minutes.

Driving

8/10
Commuting is easy with multiple accessible routes and plenty of parking.

Cycling

6/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.

Transit

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

Points of interest for 387 Terrace Ave, Virginia Beach

Groceries

7/10
At least one supermarket within a 15-minute walk

Shopping

3/10
Some shops within walking distance

Cafes

2/10
Some cafés within walking distance

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

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

Parks

6/10
Moderate amount of park space nearby

Nightlife

4/10
Some bars within walking distance

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