Apartment
Norfolk's apartment market vacancy rate has been low with little change since 2016. The rate for the first quarter of 2019 was 4.6%, down 20 basis points for the period following a flat overall performance through 2018. At $1,073 and $1,030 per month, respective asking and effective averages for the first quarter were unchanged and down 0.6% for the period following increases of 3.6% and 3.2% all told last year. VIEW APARTMENT LISTINGS >