Median Age
34 Years
Largest Age Group
25-34 Years
Approximately 19% of Residents
Under 20
24%
Over 65
14%
Avg Rent
$1,368
Population
229,699
Renter Mix
58% Rent
Living in Norfolk combines coastal charm with maritime heritage. This historic port city offers housing options from row houses in the Freemason district to waterfront apartments in Ocean View, with current average rents ranging from $1,283 for one-bedroom units to $1,800 for three-bedroom homes. Downtown Norfolk features the Chrysler Museum of Art, the Waterside district, and Town Point Park, which hosts community events throughout the year. Naval Station Norfolk, the world's largest naval base, serves as a cornerstone of the local economy.
The 155-acre Norfolk Botanical Garden provides year-round natural beauty, while Community Beach, Ocean View Beach, and Sarah Constant Beach offer access to the Chesapeake Bay. The Elizabeth River Trail winds through the city, connecting neighborhoods and offering waterfront views. Old Dominion University and Eastern Virginia Medical School anchor the education sector. The NEON (New Energy of Norfolk) district features public art installations and performance venues. Rent trends indicate stability with a 1.6% year-over-year change, comparing favorably with other coastal cities. Norfolk's central Hampton Roads location and cultural attractions preserve its appeal as a waterfront community.
Boats dot the Elizabeth River in Norfolk
An evening stroll on the dock
Median Household Income
$60,283
Average: $81,687
Education
60,874
Residents Have a Degree
Job Market
102,096
Workers Employed
Median Age
34 Years
Largest Age Group
25-34 Years
Approximately 19% of Residents
Under 20
24%
Over 65
14%
Housing Distribution
Norfolk has more renters than homeowners.
Education Distribution
Review this city's overall education levels.
As of May 2026, the average apartment rent in Norfolk, VA is $1,386 for a studio, $1,366 for one bedroom, $1,515 for two bedrooms, and $1,893 for three bedrooms. Apartment rent in Norfolk has increased by 3.6% in the past year.
The cost of living in Norfolk, VA is 9.3% lower than the national average. Generally, housing in Norfolk is 21.3% less expensive than the national average, with rent falling between $1,366 - $1,893. You can expect to pay 0.2% less for groceries, 3.2% more for utilities, and 4.6% less for transportation.
Compare Cities
Explore how walkable, bikeable, drivable, and transit-friendly Norfolk, VA is for everyday living.
Fairly Walkable
Walkability
Limited Public Transit
Transit
Exceptionally Drivable
Drivability
Fairly Bikeable
Bikeability
Public
Grades K-8
482 Students
Public
Grades PK-5
574 Students
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341 Students
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737 Students
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1,697 Students
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1,915 Students
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1,837 Students
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Grades 9-12
1,030 Students
Public
Grades 9-12
947 Students
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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.