Brand new renovation in the heart of Downtown Norfolk's Railroad District, is First Colony Flats! A short walk or bike ride from everything the Ghent neighborhood has to offer! Mere steps to restaurants and shopping along Norfolk’s bustling and popular 21st Street, but also enjoy the quiet of being on a side street! The apartments at First Colony boast large luxury bedrooms, tall loft like ceilings, and large well lit bedrooms! Each kitchen includes granite countertops, with state of the art stainless steel appliances that include refrigerator with icemaker, electric glass top range and oven, dishwasher, as well as a combination microwave/vent hood. Most kitchens also feature a breakfast bar which is open to the spacious and bright living area, making entertaining easy!
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for First Colony Flats by bedroom type below.
1 Bedroom
Suggested income:
$52,100
per year
Rent report
First Colony Flats Rent vs. Norfolk Average
First Colony Flats
Norfolk Average
1BR
$1,448
$1,404
$0
$500
$1,000
$1,500
$2,000
First Colony Flats is asking 3%
more than the average 1 bedroom apartment in
Norfolk.
If you upsized to an average priced Norfolk 2 bedroom apartment, you would pay
13% more per month.
If you downsized to an average priced Norfolk studio apartment,
you would pay 6% more per month.
First Colony Flats provides 0%
less square footage than the average
Norfolk 1 bedroom apartment.
Monthly Rent
Rent per Sq. Ft.
Suggested Monthly Income
First Colony Flats
1BR
$1,448
$2.00
$4,343
Norfolk Average
Studio
$1,495
$2.30
$4,486
1BR
$1,404
$2.00
$4,211
2BR
$1,620
$1.60
$4,861
3BR
$2,106
$1.60
$6,317
4BR
$2,660
$1.20
$7,981
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 334 2BR
units on the market in Norfolk. If you're looking to negotiate, this may be your best option.