Fusion at Neon
225 W Olney Rd,
Norfolk, VA 23510
$1,498 - $3,510 | Studio - 3 Beds
Situated in the heart of the city, Downtown Norfolk is a major hub for art, culture, history, dining, entertainment, and nightlife. Residents enjoy a vibrant atmosphere and a walkable environment along with access to a bustling waterfront, exciting events, scenic trails, and much more.
Among Downtown Norfolk’s most notable attractions are the NorVa, Scope Arena, MacArthur Center, and the USS Wisconsin BB-64. Downtown’s working waterfront is a destination in its own right, offering nautical and military-oriented amenities, unique restaurants, live music, lush green space, and sweeping views of the Elizabeth River. Convenience to several major highways, ferries, and the light rail makes getting around from Downtown Norfolk a breeze.
As of April 2025, the average apartment rent in Downtown Norfolk is $1,382 for a studio, $1,614 for one bedroom, $2,056 for two bedrooms, and $2,806 for three bedrooms. Apartment rent in Downtown Norfolk has increased by 2.3% in the past year.
Studio
372 sq ft
Average Sq Ft
$1,382/month
Average Rent
1 BR
605 sq ft
Average Sq Ft
$1,614/month
Average Rent
2 BR
925 sq ft
Average Sq Ft
$2,056/month
Average Rent
3 BR
1,084 sq ft
Average Sq Ft
$2,806/month
Average Rent
Walker's Paradise
out of 100 WalkScore® Rating
Lace up your walking shoes because this area is considered a walker’s paradise.
Excellent Transit
out of 100 TransitScore® Rating
You’ll have excellent transit living in this area, with several nearby transit stops.
Bikeable
out of 100 BikeScore® Rating
While there’s some bike infrastructure in this area, you’ll still need a car for many errands.
Niche User
9 years and 11 months ago•Niche Review
There is not a lot of local business in this area.
Niche User
10 years and 6 months ago•Niche Review
You can find great restaurants in this area and with a great variety. Thanks to the nearby mall, which is at a walking distance and has a cheap parking lot, you can find a variety of stores from electronics to clothing and beauty. The only downside to the area is the lack of grocery stores, convenient stores and pharmacies. The grocery stores near by are a bit expensive but generally good quality.
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† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2025.