The Reserves at Arboretum Apartments
5000 Reserve Way,
Newport News, VA 23602
$1,628 - $6,413 | 1-3 Beds
Oyster Point is a quaint suburban community along U.S. Highway 60 approximately 10 miles north of Downtown Newport News. Lined with charming single-family homes and an upscale apartment community, Oyster Point’s residential streets are picturesque and family friendly. This neighborhood is convenient because although it’s small, it’s home to convenience stores, fitness centers, restaurants, and service-based businesses. For more shopping, dining, and entertainment options, Patrick Henry Mall, the Marketplace at Tech Center, and surrounding shopping centers are right outside of town. Frequent flyers will appreciate living so close to the Newport News-Williamsburg International Airport, and commuters will enjoy living such a short distance from downtown.
As of August 2025, the average apartment rent in Oyster Point is $1,201 for one bedroom, $1,368 for two bedrooms, and $1,551 for three bedrooms. Apartment rent in Oyster Point has increased by 7.4% in the past year.
1 BR
772 sq ft
Average Sq Ft
$1,201/month
Average Rent
2 BR
1,021 sq ft
Average Sq Ft
$1,368/month
Average Rent
3 BR
1,232 sq ft
Average Sq Ft
$1,551/month
Average Rent
Somewhat Walkable
out of 100 WalkScore® Rating
You might be able to get out and walk when living in this area. Some errands can be accomplished on foot, but for others you’ll need a car.
Some Transit
out of 100 TransitScore® Rating
You'll likely want a car when living in this area since it has few transit options.
Somewhat Bikeable
out of 100 BikeScore® Rating
You might be able to find places to ride your bike in this area, but you’ll most likely want your car for most errands.
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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 June 2025.