|Rent Price||May||vs Last Month|
|1 bed apartments||$750||-27.4%|
|2 bed apartments||$1,119||-4.8%|
|3 bed apartments||$1,384||-13.4%|
|4+ bed apartments||$2,248||+0.8%|
|Rent Type Price||May||vs Last Month|
Over the May 2020, the average rent for an apartment in/near East Beach, Norfolk, VA decreased by 10.2% to $1,286. Breaking it down in details, we now see that the average price for 1-bed apartment decreased by 27.4% to $750. Pricing for 2-bed apartment also decreased by 4.8% and a place of this size will now cost you $1,119. 3-bed apartment rent pricing starts at $1,384, it decreased by 13.4% lately. We tend to note the rise of 4- and more bed apartment pricing. It increased by 0.8% and made it up to $2,248.
The median rent for an apartment in East Beach, Norfolk, VA decreased by 5.2% to $1,131. Statistics show that house rent price decreased by 16.3% this month making it up to $1,538. Condos faced an upward trend these days. The median rent for a condo decreased by 8.8%, it’s now available for $1,413. You can now rent a duplex for $855, duplex rent price decreased by 22% this month. The median rent for a loft faced changes as well, it decreased by 2.9%, the price tag now starts at$1,650. The median rent for a townhouse decreased by 3.8%, you’ll have to spend around $2,995 to get one.