65 Luxury Apartments for rent in Suffolk, VA

Last updated January 20 at 2:14am UTC
5920 Brookwood DR
Nansemond
Suffolk, VA
Updated January 18 at 7:25pm UTC
4 Bedrooms
$1,500
3021 N James DR
Nansemond
Suffolk, VA
Updated January 3 at 11:52am UTC
5 Bedrooms
$3,500
403 Stonegate WAY
Nansemond
Suffolk, VA
Updated January 19 at 1:48am UTC
3 Bedrooms
$1,595
3048 Silver Charm CIR
Sleepy Hole
Suffolk, VA
Updated January 19 at 1:48am UTC
3 Bedrooms
$1,700
1011 Boundary DR
Suffolk
Suffolk, VA
Updated January 20 at 2:14am UTC
4 Bedrooms
$1,450
5053 Kelso ST
Sleepy Hole
Suffolk, VA
Updated January 3 at 11:52am UTC
3 Bedrooms
$1,950
2010 Dock Landing CT
Nansemond
Suffolk, VA
Updated January 19 at 1:48am UTC
3 Bedrooms
$1,995
2107 Fieldbrook PL
Holy Neck
Suffolk, VA
Updated January 12 at 10:02am UTC
4 Bedrooms
$2,550
124 Woodlake TER
Nansemond
Suffolk, VA
Updated January 3 at 11:51am UTC
3 Bedrooms
$1,695
6806 Dickens CT
Nansemond
Suffolk, VA
Updated January 6 at 4:54am UTC
4 Bedrooms
$2,000
6111 Amberly CIR
Nansemond
Suffolk, VA
Updated January 3 at 11:53am UTC
3 Bedrooms
$1,570
1709 Gunston Drive
Suffolk
Suffolk, VA
Updated January 3 at 3:46pm UTC
2 Bedrooms
$1,325
4237 Coltrane Avenue
Sleepy Hole
Suffolk, VA
Updated January 9 at 11:59am UTC
4 Bedrooms
$1,650
240 Craftsman CIR
Suffolk
Suffolk, VA
Updated January 15 at 9:30am UTC
3 Bedrooms
$1,500
2002 Silver Charm CIR
Sleepy Hole
Suffolk, VA
Updated January 3 at 11:52am UTC
4 Bedrooms
$1,750
210 Waterwood Way
Suffolk
Suffolk, VA
Updated January 9 at 12:00pm UTC
4 Bedrooms
$1,695
6376 Scottsfield DR
Nansemond
Suffolk, VA
Updated January 3 at 11:54am UTC
3 Bedrooms
$1,300
105 Toddsbury Court
Suffolk
Suffolk, VA
Updated January 3 at 3:39pm UTC
3 Bedrooms
$1,495
1316 Island Park CIR
Sleepy Hole
Suffolk, VA
Updated January 3 at 11:53am UTC
3 Bedrooms
$1,495
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January 2018 Suffolk Rent Report

Welcome to the January 2018 Suffolk Rent Report. Suffolk rents increased over the past month. In this report, we'll evaluate trends in the Suffolk rental market, including comparisons to cities throughout the state and nation.

View full Suffolk Rent Report
Rent Report
Suffolk

January 2018 Suffolk Rent Report

Welcome to the January 2018 Suffolk Rent Report. Suffolk rents increased over the past month. In this report, we'll evaluate trends in the Suffolk rental market, including comparisons to cities throughout the state and nation.

Suffolk rents increased significantly over the past month

Suffolk rents have increased 0.5% over the past month, and have increased slightly by 1.3% in comparison to the same time last year. Currently, median rents in Suffolk stand at $910 for a one-bedroom apartment and $1,090 for a two-bedroom. This is the sixth straight month that the city has seen rent increases after a decline in June. Suffolk's year-over-year rent growth lags the state average of 1.5%, as well as the national average of 2.8%.

Rents rising across cities in Virginia

Throughout the past year, rent increases have been occurring not just in the city of Suffolk, but across the entire state. Of the largest 10 cities that we have data for in Virginia, all of them have seen prices rise. The state as a whole logged rent growth of 1.5% over the past year. Here's a look at how rents compare across some of the largest cities in the state.

  • Looking throughout the state, Arlington is the most expensive of all Virginia's major cities, with a median two-bedroom rent of $1,990; of the 10 largest Virginia cities that we have data for, all have seen rents rise year-over-year, with Portsmouth experiencing the fastest growth (+3.8%).
  • Virginia Beach, Newport News, and Norfolk have all experienced year-over-year growth above the state average (2.4%, 2.2%, and 1.8%, respectively).

Suffolk rents more affordable than many large cities nationwide

As rents have increased slightly in Suffolk, a few large cities nationwide have also seen rents grow modestly. Suffolk is still more affordable than most large cities across the country.

  • Suffolk's median two-bedroom rent of $1,090 is below the national average of $1,160. Nationwide, rents have grown by 2.8% over the past year compared to the 1.3% increase in Suffolk.
  • While Suffolk's rents rose slightly over the past year, many cities nationwide also saw increases, including Phoenix (+3.8%), Seattle (+3.0%), and Dallas (+2.2%).
  • Renters will find more reasonable prices in Suffolk than most large cities. For example, San Francisco has a median 2BR rent of $3,010, which is more than two-and-a-half times the price in Suffolk.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.
City Median 1BR price Median 2BR price M/M price change Y/Y price change
Virginia Beach $1,060 $1,280 -0.4% 2.4%
Norfolk $790 $950 -0.1% 1.8%
Chesapeake $980 $1,180 -0.2% 1.7%
Newport News $830 $1,000 -0.5% 2.2%
Hampton $860 $1,040 -0.2% 1.7%
Portsmouth $780 $940 0.8% 3.8%
Suffolk $910 $1,090 0.5% 1.3%
Williamsburg $1,000 $1,190 0.3% -0.2%

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.