Updated 4 Hours Ago
Location
1001 Monticello Ave, Norfolk, VA 23510, USA
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Property Overview
Fort Tar Lofts stands out for its strong overall rating, excellent price and amenities scores, and a location that offers convenience along with excellent accessibility. It also benefits from nearby schools, a large photo gallery, strong value per square foot, and a setting that is well connected to fitness, wellness, grocery, dining, cultural, and event options.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
High school nearby- More space
- Elementary school nearby
Great for
Wellness
Social life
Floor plans
| Fort Tar Lofts - 100 | Room | 2 bath | 2,950 sqft | $6,500 /mo | Prime Office/Retail Opportunity – Fort Tar Lofts, Downtown Norfolk Discover a unique investment and leasing opportunity at the corner of Monticello Avenue & Fort Tar Lane in the heart of downtown Norfolk! *Property Highlights* - 2,950 SF office/retail space available – beautifully built-out, turn-key medical office. - 12,950 SF mixed-use building – featuring three studio apartments, eight 1BR/1BA units, two 2BR/1BA units, plus commercial space. - Unbeatable location – directly across from Cedar Grove Parking Lot. - Excellent accessibility – less than 1 mile from I-264 on/off ramps, downtown Norfolk, and TCC (Norfolk campus); under 2 miles from Norfolk State University & EVMS (Eastern Virginia Medical School). - High traffic counts – over 22,969 vehicles per day along Monticello Avenue. - Whether you're seeking vibrant retail visibility, a modern office setting, or a mixed-use investment in one of Norfolk's most dynamic areas, Fort Tar Lofts offers it all. Don't miss this rare opportuni | ||
| Fort Tar Lofts - 211 | 1 bed | 1 bath | 883 sqft | $1,500 /mo |
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Amenities for Fort Tar Lofts
Apartment Amenities
| Trash Included |
Building
| Elevator |
Grounds
| Garage Parking |
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.
Contact Property
Parking Policy
Garage Parking
Questions about this property’s policies and fees?
Building details
Property details
| Units | 2 |
|---|
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About Fort Tar Lofts
- Prime Office/Retail Opportunity – Fort Tar Lofts, Downtown Norfolk Discover a unique investment and leasing opportunity at the corner of Monticello Avenue & Fort Tar Lane in the heart of downtown Norfolk! *Property Highlights* - 2,950 SF office/retail space available – beautifully built-out, turn-key medical office. - 12,950 SF mixed-use building – featuring three studio apartments, eight 1BR/1BA units, two 2BR/1BA units, plus commercial space. - Unbeatable location – directly across from Cedar Grove Parking Lot. - Excellent accessibility – less than 1 mile from I-264 on/off ramps, downtown Norfolk, and TCC (Norfolk campus); under 2 miles from Norfolk State University & EVMS (Eastern Virginia Medical School). - High traffic counts – over 22,969 vehicles per day along Monticello Avenue. - Whether you're seeking vibrant retail visibility, a modern office setting, or a mixed-use investment in one of Norfolk's most dynamic areas, Fort Tar Lofts offers it all. Don't miss this rare opportuni
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.
8.8
/10
Very GoodWith a solid 8.8 out of 10 overall, Fort Tar Lofts is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Fort Tar Lofts has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
Price·10A 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.
Fort Tar Lofts offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·10A 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.
Fort Tar Lofts stands out as a premier property with an impressive array of amenities and an excellent standard of living. Residents here have access to many of the most popular and desired perks, making this one of the top choices for renters seeking unparalleled comfort and convenience.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Fort Tar Lofts 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 Fort Tar Lofts does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·8A 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 level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.
Fort Tar Lofts is great 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 Fort Tar Lofts compares to other nearby properties.
Positives
- High school nearby
- There is a high school 0.4 mile away
- More space
- The 1-bedroom is 168 sqft larger than other listings nearby
- Elementary school nearby
- There is an elementary school 0.3 mile away
- Dishwasher
- Dishwasher available in kitchen
- Elevator
- Improved accessibility features
- Images Available
- There are at least 10 photos of this address
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Rent trends in Norfolk
1-bedroom apartments here are priced 15% higher than 1-bedrooms in Norfolk.
Median rents as of Sep 19 2026.
Norfolk
| Month | Median Rent |
|---|---|
| October 2024 | $1,358 |
| November 2024 | $1,330 |
| December 2024 | $1,348 |
| January 2025 | $1,284 |
| February 2025 | $1,070 |
| March 2025 | $1,062 |
| April 2025 | $1,120 |
| May 2025 | $1,333 |
| June 2025 | $1,378 |
| July 2025 | $1,384 |
| August 2025 | $1,379 |
| September 2025 | $1,362 |
| October 2025 | $1,372 |
| November 2025 | $1,400 |
| December 2025 | $1,415 |
| January 2026 | $1,476 |
| February 2026 | $1,461 |
| March 2026 | $1,476 |
| April 2026 | $1,453 |
| May 2026 | $1,501 |
| June 2026 | $1,460 |
| July 2026 | $1,482 |
| August 2026 | $1,532 |
| September 2026 | $1,254 |
Affordability calculator
Can I afford to live at 1001 Monticello Ave?
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
$260,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $260,000 annually to afford this room monthly rent price of $6,500.
For more information on rent affordability, visit our rent calculator.
Schools near Fort Tar Lofts
Ghent School
200 shirley ave
norfolk, VA, 23517
K-8Public
B-
W.H. Taylor Elementary School
1122 w princess anne rd
norfolk, VA, 23507
PK, K-5Public
B-
Berkley/Campostella Early Childhood Education Center
1530 cypress st
norfolk, VA, 23523
PKPublic
Easton Preschool
1132 wade st
norfolk, VA, 23502
PKPublic
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Internet available near Fort Tar Lofts
Getting around Norfolk near 1001 Monticello Ave
Walking
7/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
6/10
This area is close to freeways and has adequate parking options.
Cycling
6/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
5/10
Frequent public transit options are within walking distance.
Points of interest for 1001 Monticello Ave, Norfolk
Groceries
7/10
At least one supermarket within a 15-minute walk
Shopping
6/10
Several shops within walking distance
Cafes
6/10
Some cafés within a few minutes’ walk
Restaurants
7/10
Variety of restaurants within a few minutes' walk
Primary schools
9/10
At least one elementary school within a 10-minute walk
High schools
8/10
At least one high school within a 15-minute walk
Parks
6/10
Large amount of park space nearby
Nightlife
4/10
Some bars within walking distance
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