Fusion at Neon
225 W Olney Rd,
Norfolk, VA 23510
$1,652 - $3,821 Total Monthly Price
Studio - 3 Beds
Situated in the heart of the city, Downtown Norfolk is a major hub for art, culture, history, dining, entertainment, and nightlife. Residents enjoy a vibrant atmosphere and a walkable environment along with access to a bustling waterfront, exciting events, scenic trails, and much more.
Among Downtown Norfolk’s most notable attractions are the NorVa, Scope Arena, MacArthur Center, and the USS Wisconsin BB-64. Downtown’s working waterfront is a destination in its own right, offering nautical and military-oriented amenities, unique restaurants, live music, lush green space, and sweeping views of the Elizabeth River. Convenience to several major highways, ferries, and the light rail makes getting around from Downtown Norfolk a breeze.
As of May 2026, the average apartment rent in Downtown Norfolk is $1,449 for a studio, $1,685 for one bedroom, $2,108 for two bedrooms, and $2,971 for three bedrooms. Apartment rent in Downtown Norfolk has increased by 3.5% in the past year.
Studio
378 sq ft
Average Sq Ft
$1,449/month
Average Rent
1 BR
620 sq ft
Average Sq Ft
$1,685/month
Average Rent
2 BR
926 sq ft
Average Sq Ft
$2,108/month
Average Rent
3 BR
1,080 sq ft
Average Sq Ft
$2,971/month
Average Rent
Explore how walkable, bikeable, drivable, and transit-friendly Downtown Norfolk - Norfolk, VA is for everyday living.
Exceptionally Walkable
Walkability
Good Public Transit
Transit
Moderately Drivable
Drivability
Moderately Bikeable
Bikeability
Downtown Norfolk - Norfolk, VA offers all daily essentials, but they’re limited to a few main areas.
Supermarket Within a 20 Minute Walk
Groceries
Great Restaurant Variety Nearby
Restaurants
Good Café Variety Nearby
Cafes
Good Variety of Shops Nearby
Shopping
Downtown Norfolk - Norfolk, VA provides green space and wellness resources in certain areas.
Large Amount of Park Space Nearby
Parks
Fair Wellness Amenity Variety Nearby
Wellness
Get a sense of what it’s like to live in Downtown Norfolk - Norfolk, VA from everyday activity to noise and nightlife.
Vibrant Atmosphere at Times
Vibrancy
Fair Nightlife Variety Nearby
Nightlife
Very Noisy
Quiet Score
Niche User
10 years and 10 months ago•Niche Review
I like living downtown because we're right behind the mall, a walk away from great restaurants and a concert venue, a train ride away from the baseball stadium, and a car ride away from the beach. Being a young married couple, all of those things are appealing but once we start looking to settle down, this area is not ideal for a family. The housing market is so expensive and jobs are scarce. For now, it works for us, but we're starting to talk more and more about building a house and starting a family and this is not the place we want to ultimately live.
Niche User
10 years and 11 months ago•Niche Review
There is not a lot of local business in this area.
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† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.