Cheap Apartments for Rent in 23508
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NEW - 2 DAYS AGO
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PET FRIENDLY$1,461 - $2,055/mo
Studio-2 Beds
1-2 BathsThe Lafayette Apartments | 4601 Mayflower Rd,
Norfolk, VA 23508
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NEW - 15 HRS AGO
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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 decreased in Sep 2026 compared to the previous month. Rent previously peaked in Jul 2025.
| Month | Average rent |
|---|---|
| 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 |
| Sep 2026 | $1,900 |
Average Rent By Bedroom and Home Type
In October 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 | $1,240 | $1,499 | $1,795 | $2,500 | $1,795 |
| Townhomes | — | — | $2,800 | — | $2,800 |
| Apartments and Condos | $1,159 | $1,150 | $1,600 | $2,285 | $1,300 |
| Houses | — | — | $2,167 | $2,600 | $2,500 |
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 $1,608 per month. This is about 17% lower than the national average.
- What are the cheapest months to find an apartment to rent in 23508?Last year, the cheapest month to find an apartment to rent was Oct 2025 when it was $1,499 per month.
- How many cheap apartments are available in 23508?There are 23 apartments to rent that are cheaper than the city’s average rent of $1,795.
- 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 $1,240 per month. That is about $242 less than the cost of a studio apartment.
- 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 - 99 Rentas | Trulia