Cheap Apartments for Rent in 23508
60 rentals
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PET FRIENDLY$1,396 - $2,017/mo
Studio-2 Beds
1-2 BathsThe Lafayette Apartments | 4601 Mayflower Rd,
Norfolk, VA 23508
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Average Rent Trends in 23508
Rent in 23508 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in Aug 2026 compared to the previous month. Rent previously peaked in Jul 2025.
| Month | Average rent |
|---|---|
| Sep 2025 | $1,800 |
| Oct 2025 | $1,499 |
| Nov 2025 | $1,695 |
| Dec 2025 | $1,750 |
| Jan 2026 | $1,595 |
| Feb 2026 | $1,605 |
| Mar 2026 | $1,850 |
| Apr 2026 | $2,060 |
| May 2026 | $2,000 |
| Jun 2026 | $2,000 |
| Jul 2026 | $1,984 |
| Aug 2026 | $2,100 |
Average Rent By Bedroom and Home Type
In August 2026, Apartments and Condos were the most affordable home type to rent compared with Houses and Townhomes.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,239 | $1,499 | $2,100 | $2,495 | $2,000 |
| Townhomes | $775 | — | $2,900 | — | $2,900 |
| Apartments and Condos | $1,159 | $1,495 | $1,875 | $2,285 | $1,499 |
| Houses | $1,200 | — | $2,100 | $2,495 | $2,350 |
Frequently Asked Questions about Rentals in 23508
- What is the average rent of an apartment in 23508?The average rent of an apartment in 23508 is $2,018 per month. This is about 3% higher than the national average.
- When is the average rent cheapest in 23508?In the last year, the average rent in 23508 was lowest in Oct 2025 when it was $1,499 per month.
- When is the average rent most expensive in 23508?In the last year, the average rent in 23508 was highest in Jul 2025 when it was $2,100 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 23508?The average rent of a 1 bedroom apartment in 23508 is $1,239 per month. That is about $294 more than the cost of a studio apartment.
- How many available rental listings are in 23508?There are 61 available rental listings in 23508.
- What are some cities near 23508?Some nearby cities include: Norfolk, Portsmouth, Hampton, Carrollton, Chesapeake, Rescue. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos baratos en renta en 23508 - 86 Rentas | Trulia