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Special Interest
Housing in Norfolk City
Both Census and HUD figures represent gross rent — contract rent plus estimated utility costs for electricity, heat, water, and sewer.
Rent in Norfolk City averages $1,321/month for a 2‑bedroom in 2024, compared to the Virginia median of $1,579 and the national median of $1,413. Local renters spend approximately 34% of household income on rent, above the national average of 32%.
HUD 2026 50th Percentile Rent Estimates for Norfolk City FMR Area are $1,613 for a studio, $1,635 for 1‑bedroom, $1,852 for 2‑bedroom, $2,569 for 3‑bedroom, and $3,024 for 4‑bedroom.
HUD 2026 Rent Estimates reflect market movement since 2024 Census data — a $531 increase for a 2-bedroom in Norfolk City shows a 40% rise over that period.
The U.S. Bureau of Labor Statistics annual unemployment rate for Norfolk City was 3.4% in 2024, compared to Virginia at 2.9% and the national rate of 4.0%.
