Apartments for Rent in Norview, Norfolk, VA

Norview, Norfolk apartment availability

Norview's rental market offers a good selection of listings, with an average of 29 rentals available each month in 2024. The neighborhood's inventory is comprised mainly of 2-bedroom apartments, followed by 3-bedroom and 1-bedroom units. Some studios are also available. Many renters will appreciate the convenience of in-unit laundry, available in about 27% of apartments, while others will enjoy the outdoor spaces and dishwashers found in around 35% of rentals. With a range of amenities and a variety of unit types, Norview is worth considering for those looking for a rental in Norfolk.

Norview, Norfolk rental market trends

The Norview neighborhood in Norfolk saw a significant increase in rent prices last year, with an average monthly rent of $1,209, representing a 19% year-over-year increase. Breaking it down by bed count, 1-bedrooms averaged $863 per month, a 4.6% annual increase, while 2-bedrooms averaged $1,041, a 5.5% increase. However, 3-bedrooms experienced a decline in rent, averaging $1,447, an 18.3% decrease from the previous year. Studios, on the other hand, saw a substantial 88.9% increase, averaging $1,700 per month.

Rent prices in Norview tend to fluctuate throughout the year, with November typically being the most expensive month, 35.4% higher than February, the month with the lowest rent. If you're looking for a new apartment, February may be a good time to find a deal. Conversely, if you're a landlord, November is likely to be the most lucrative month. Understanding these trends can help you navigate the rental market in Norview and make informed decisions.

Why Norview, Norfolk is a great place to live

We've analyzed data from the last few years to understand what makes Norview an attractive neighborhood for renters. It's clear that social life is a top priority for those living in this area. With a high walk score, frequent transit options, and well-maintained street infrastructure, getting around and exploring the neighborhood is easy. Additionally, the age distribution in the area suggests a diverse community, and safety is a notable aspect of the neighborhood. Overall, Norview is an excellent choice for renters who value an active social life and want to be part of a vibrant community. If you're looking for a neighborhood that offers a great balance of convenience, diversity, and security, Norview is definitely worth considering.