Apartments for Rent in Ghent, Norfolk, VA

Ghent, Norfolk apartment availability

Ghent's rental market offers a good selection of listings, with an average of 38 rentals available each month. The majority of rentals are 1-bedroom and 2-bedroom apartments, with a smaller number of 3-bedroom apartments and studios also available. Many of these apartments feature desirable amenities, including hardwood floors, in-unit laundry, and dishwashers. Specifically, 35% of Ghent apartments have hardwood floors, 48% have in-unit laundry, and 54% have dishwashers. This mix of apartment types and amenities makes Ghent a great option for renters looking for a convenient and comfortable place to call home.

Ghent, Norfolk rental market trends

Ghent's rental market experienced a decline of approximately 9.5% in 2024, with the average monthly rent for all bed counts and property types settling at around $1,367. The average rent for 1-bedrooms is about $1,190, reflecting a modest annual increase of 3.2%. In contrast, 2-bedrooms and 3-bedrooms saw a decrease in rent, averaging $1,531 and $1,934, respectively. Studios, however, saw a significant increase of 28.9%, with an average rent of $1,082.

The rental market in Ghent tends to peak in the fall, with September typically seeing the highest rent, about 19.7% higher than January, the month with the lowest rent. This suggests that renters may find more favorable prices during the winter months. While the data does not indicate a specific month with the most demand, it is clear that the market is less competitive during the winter, making it a potentially good time to find a new apartment. Conversely, renters can expect higher prices and more competition during the fall, particularly in September.

Why Ghent, Norfolk is a great place to live

Ghent stands out as a neighborhood that seamlessly aligns with the lifestyles and interests of its residents, particularly those who value a vibrant social life and pet friendliness.

For individuals seeking an active social calendar, Ghent's appeal lies in its well-designed street infrastructure, frequent transit options, an array of restaurants, high walk score, and emphasis on safety. These elements combine to create an environment that encourages exploration and community engagement.

Pet owners will also find Ghent especially accommodating, thanks to its thoughtful provisions for pets. Amenities such as designated spaces for pet waste, convenient pet supply stores, ample space for pets within homes, pet-safe windows, and a calendar of pet-friendly events all contribute to its pet-friendly reputation. The absence of breed restrictions and the presence of dog parks further enhance the neighborhood's appeal for pet lovers.