Luxury Apartments for Rent in 23518
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Average Rent Trends in 23518
Rent in 23518 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in May 2026 compared to the previous month. Rent previously peaked in Jan 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $1,833 |
| Jul 2025 | $1,850 |
| Aug 2025 | $1,800 |
| Sep 2025 | $1,800 |
| Oct 2025 | $1,825 |
| Nov 2025 | $1,800 |
| Dec 2025 | $1,800 |
| Jan 2026 | $1,695 |
| Feb 2026 | $1,710 |
| Mar 2026 | $1,900 |
| Apr 2026 | $1,900 |
| May 2026 | $1,950 |
Average Rent By Bedroom and Home Type
In May 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 | $1,350 | $1,558 | $2,467 | $2,950 | $1,993 |
| Townhomes | — | $1,600 | $2,950 | $2,950 | $2,950 |
| Apartments and Condos | $1,199 | $1,699 | $2,900 | $3,195 | $1,695 |
| Houses | $1,750 | $2,000 | $2,150 | $2,900 | $2,500 |
Frequently Asked Questions about Rentals in 23518
- What is the average rent of an apartment in 23518?The average rent of an apartment in 23518 is $1,541 per month. This is about 20% lower than the national average.
- What is the average rent of a house in 23518?The average rent of a house in 23518 is $2,500 per month. This is about 30% higher than the national average.
- What is the average rent of a townhome in 23518?The average rent of a townhome in 23518 is $2,950 per month. This is about 53% higher than the national average.
- When is the average rent cheapest in 23518?In the last year, the average rent in 23518 was lowest in Mar 2025 when it was $1,699 per month.
- When is the average rent most expensive in 23518?In the last year, the average rent in 23518 was highest in Jan 2025 when it was $1,900 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 23518?The average rent of a 1 bedroom apartment in 23518 is $1,350 per month. That is about $151 more than the cost of a studio apartment.
- How many available rental listings are in 23518?There are 96 available rental listings in 23518.
- What are some cities near 23518?Some nearby cities include: Norfolk, Portsmouth, Hampton, Virginia Beach, Poquoson, Chesapeake. These cities may have more rental options to explore.