Average Rent in Fairmont Park, Norfolk, VA and Rent Price Trends

Rent price trends in
Fairmont Park, Norfolk, VA

Rent price trends

Rent prices for all bedroom counts and property types in Fairmont Park, Norfolk, VA have decreased by 15% in the last month and have decreased by 16% in the last year.

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Rent comparables in
Fairmont Park, Norfolk, VA
The monthly rent for an apartment in Fairmont Park, Norfolk, VA is $1,400. A 1-bedroom apartment in Fairmont Park, Norfolk, VA costs about $1,050 on average, while a 2-bedroom apartment is $1,275. Houses for rent in Fairmont Park, Norfolk, VA are more expensive, with an average monthly cost of $1,950.


1 bedroom	$1,100	1%	18%
2 bedroom	$1,525	1%	13%
3 bedroom	$1,900	1%	5%
4 bedroom	$2,500	No Change	16%
Studio	$1,599	-	-

		Comparables
Coleman Place	$1,350
Colonial Place Riverview	$1,650
Estabrook	$1,900
Ghent Square	$1,961
Norview	$1,447
Olde Huntersville	$1,950


Apartments	$1,400	8%	4%
Condos	$1,350	1%	No Change
Houses	$1,950	4%	No Change

Studio

Average rent

$1,599

1 bedroom

Average rent

$1,100

Last 30 days

Last year

18%

2 bedroom

Average rent

$1,525

Last 30 days

Last year

13%

3 bedroom

Average rent

$1,900

Last 30 days

Last year

4 bedroom

Average rent

$2,500

Last year

16%

The table above reflects average rent prices in Fairmont Park, Norfolk, VA, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

Compare rent prices in Fairmont Park, Norfolk, VA to other neighborhoods

Median rent prices in Fairmont Park, Norfolk, VA for all bedroom counts and property types compared to Coleman Place, Norfolk, VA.

Fairmont Park

Median rent price$1,550

20%

lower than the national median

Median rent price$1,350

31%

lower than the national median

Takeaway

The median rent for all rentals in Fairmont Park, Norfolk, VA is 15% higher than the median rent in Coleman Place, Norfolk, VA.

More data insights and reports

National Rent Report

Canadian Rent Report

Annual Rent Report

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