While rent growth for apartments has slowed from its peak during the COVID-19 pandemic, a new report from real estate data company CoStar shows apartments in much of the country are still getting more expensive.
And Hampton Roads is near the top of the list.
The report stated that the region, identified as the Norfolk metro area, experienced a 2.7% increase in apartment rents between July 2024 and July 2025. That’s the same rate as Pittsburgh, and behind only San Francisco, Chicago and San Jose, California…