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Updated 35 minutes ago

Downtown Area


40 Rader St Norfolk, VA

1 Bed
•
1 Bath

806 Sq. Ft.

Available Now
1 Bed • 1 Bath
$1,550
806 ft2
1 Available
Managed By: Rose And Womble Realty
-
$1,550
Available Now
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View Rented Units
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2 Beds • 2 Bath
$2,500
1540 ft2
0 Available
Managed By: Rose And Womble Realty
40 Rader Street #410
$2,500
Rented
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2 Beds • 2 Bath
$1,950 - $2,050
1603 ft2
0 Available
Managed By: Rose And Womble Realty
40 Rader Street #210
$1,950
Rented
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-
$2,050
Rented
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2 Beds • 2 Bath
$2,850 - $3,200
1500 ft2
0 Available
Managed By: Howard Hanna - VA
40 Rader Street #510
$3,200
Rented
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-
$2,850
Rented
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2 Beds • 2 Bath
$2,500
1320 ft2
0 Available
Managed By: Rose And Womble Realty
-
$2,500
Rented
View
Where you'll live
Street View
Map View
Satellite View
Location ratings
Walk Score®
36
Car-Dependent
Transit Score®
50
Good Transit
Bike Score®
46
Somewhat Bikeable
Amenities
Refrigerator
Garbage Disposal
Trash Removal Included
Range / Oven
Microwave
Elevator
Fees & leasing info
Parking
Garage - Attached
Property details
Description

Welcome to The Pier Condominiums in Norfolk! This charming first-floor, 1-bedroom, 1-bathroom condo features fresh paint throughout and newer carpeting, creating a bright and inviting living space. Situated in a waterfront community along the Elizabeth River, residents can enjoy the convenience of coastal living without the waterfront price tag. Water and basic cable are included in the monthly rent, adding extra value and convenience. Conveniently located near shopping, dining, military bases, and major interstates, this condo offers comfortable, low-maintenance living in a desirable Norfolk location. Sorry no pets and no smoking/vaping!
We offer a Resident Benefits Package (RBP) which includes utility set up, credit building, identity theft protection, pest control, and more at a rate of $35.00/month. This is an OPTIONAL program available to our Residents. More details upon application.
Total Monthly Payment: $1550.00 (Rent) + $35.00 (Optional RBP)

Additional Details
Total Unit Count: 1
Last Updated: Updated 35 minutes ago
Contact Number: (757) 997-1510
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Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for Downtown Area by bedroom type below.
1 Bedroom
Suggested income:
$55,800
per year
Rent report

Downtown Area Rent vs. Norfolk Average

 Downtown Area      Norfolk Average
1BR
$1,550
$1,452
$0
$550
$1,100
$1,650
$2,200

Downtown Area is asking 7% more than the average 1 bedroom apartment in Norfolk.

If you upsized to an average priced Norfolk 2 bedroom apartment, you would pay 10% more per month.

If you downsized to an average priced Norfolk studio apartment, you would pay 0% more per month.

Downtown Area provides 13% more square footage than the average Norfolk 1 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
Downtown Area
1BR $1,550 $1.90 $4,650
Norfolk Average
Studio $1,453 $2.40 $4,360
1BR $1,452 $2.00 $4,355
2BR $1,612 $1.70 $4,837
3BR $2,231 $1.60 $6,692
4BR $2,704 $1.50 $8,111

Availability in Norfolk

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 241 2BR units on the market in Norfolk. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
1% 32% 47% 15% 4%
Available Units in Norfolk
Studio 7
1BR 166
2BR 241
3BR 79
4BR 18
Location
Nearby Colleges
FAQs
Is this property currently leasing units?
Yes, there is 1 unit available at this property.
How many units are move-in ready in the next 2 months?
This property has 1 unit available for move-in now.
What's the square footage of the available units?
It's 806 square feet.
Does this property allow cats or dogs?
The property manager did not submit a pet policy with this listing.
How many bedrooms are in the available units?
There are 1 bedroom units available.
How many bathrooms are in the available units?
There are 1 bathroom units available.
What's the monthly rent at this property?
Downtown Area has a 1 bedroom unit starting at $1,550.
Where is this property located?
This property is at 40 Rader St in Norfolk, VA. It's 1.5 miles northwest from the center of Norfolk.
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