Cheap Apartments for Rent in the Norwood Neighborhood of Birmingham, AL from $300 (89 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Norwood area of Birmingham.

property at 2813 31st Ave N

$925

Total Monthly Price

Total Monthly Price

Base Rent
$925
Total Monthly Price
$925

2 Bedroom, 1.5 Bath Townhome for Rent

Available Now

2813 31st Ave N

BirminghamAL35207

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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property at 1801 2nd Ave N

$975

1 Bedroom, 1 Bath Rentals

Available Now

208

1801 2nd Ave N
BirminghamAL35203
property at 2801 33rd St N

$1,050

Total Monthly Price

Total Monthly Price

Base Rent
$1,050
Total Monthly Price
$1,050

2 Bedroom, 1 Bath Townhome for Rent

Available Now

2801 33rd St N, Unit 2803

2801 33rd St N
BirminghamAL35207

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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property at 4236 39th Ave N

$1,100

3 Bedroom, 1 Bath Rentals

Available Now

4236 39th Ave N

BirminghamAL35217
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Linwood Park
$1,144 - $1,297
Total Monthly Price

Total Monthly Price

Base Rent
$1,144 - $1,297
Total Monthly Price
$1,144 - $1,297
2 Bedroom Apartments Available Now

Linwood Park

4241 5th Ave SBirmingham, AL 35222
Affordability
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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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property at 4236 39th Ave N

$1,295

Total Monthly Price

Total Monthly Price

Base Rent
$1,295
Total Monthly Price
$1,295

3 Bedroom, 2 Bath Home for Rent

Available Now

4236 39th Ave N

BirminghamAL35217
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Birmingham Overlook
1 to 2 Bedroom Apartments

Birmingham Overlook

2712 31st Ave NBirmingham, AL 35207
Senior Living
  • Utilities Included
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Uptown Stadium
1 to 2 Bedroom Apartments

Uptown Stadium

1440 21st St NBirmingham, AL 35234
  • Utilities Included
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The Pointe North
2 Bedroom Apartments

The Pointe North

2012 30th Ave NBirmingham, AL 35207

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Clairmont
Studio to 2 Bedroom Apartments

Clairmont

2930 Clairmont Ave SBirmingham, AL 35205
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Magnolia Creek
2 Bedroom Apartments

Magnolia Creek

1908 18th Pl NBirmingham, AL 35234
  • Utilities Included
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Clairmont Hill
1 to 2 Bedroom Apartments

Clairmont Hill

3652 Clairmont AveBirmingham, AL 35222

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Norwood, Birmingham, AL Local Guide

Cheapest Available Norwood Apartments for Rent

 

The cheapest available apartment rental in the Norwood area of Birmingham, AL is a 2 Beds unit found at Bon Villa Apartments priced from $795. Magnolia Creek has the second lowest priced unit, which is a 2 Beds apartment currently listed from $799. Here are the most affordable Norwood apartments for rent in Birmingham, AL:

Apartment ListingModel NameBed/BathPriced From
Bon Villa Apartments2 Beds, 1 Baths2BR,1BA$795
Magnolia CreekUnit 19092BR,1BA$799
Lakeview1 Bedroom/ 1 Bathroom1BR,1BA$890
Uptown Square2/12BR,1BA$899
Fourth Apartments2 Bedroom / 1 Bathroom Apartment - AFH VLI2BR,1BA$987
The FrankStudio 1 Bath-JStudio,1BA$989
Bankhead Towers1 Bedroom 1 Bathroom1BR,1BA$1,007
South Hill (Highland Park)2 Bedroom / 1 Bathroom Apartment2BR,1BA$1,052
The Dagny1 Bedoom1BR,1BA$1,087
The 7001 Bedroom1BR,1BA$1,090

Best Value Apartments for Rent in Norwood, AL

As of July 06, 2026 the best value apartment in the Norwood area is the $1.70 price per square foot 2 Bedroom Model at Ideal Building in the in the Smithfield neighborhood starting from $2,300. The second greatest value Norwood apartment is the Magnolia Model at Park Place starting at $1,246 with a $1.26 price per square foot in the Smithfield neighborhood. Here is today’s list of the best values for Norwood apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Ideal Building2 Bedroom2BR,2BA$1.70
Park PlaceMagnolia2BR,1BA$1.26
Magnolia CreekUnit 19092BR,1BA$0.89
The 7001 Bedroom1BR,1BA$1.29
Lakeview1 Bedroom/ 1 Bathroom1BR,1BA$1.10
Fourth Apartments2 Bedroom / 1 Bathroom Apartment - AFH VLI2BR,1BA$1.26
Bon Villa Apartments2 Beds, 1 Baths2BR,1BA$1.13
Linwood Park2 Bedroom / 1 Bathroom Apartment2BR,1BA$1.58
South Hill (Highland Park)2 Bedroom / 1 Bathroom Apartment2BR,1BA$1.49
Uptown Square2/12BR,1BA$1.28

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Lifestyle Ratings

This website compiles millions of data points to bring you Lifestyle Ratings of neighborhoods, cities, and rental properties across Alabama, including Birmingham. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including filtering automatically for convenient access to the outdoors, luxury housing options, kid and pet-friendly communities, availability of transit options, and other valuable search options. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Norwood Apartments

What is a cheap apartment in Norwood?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Norwood is under $1,090.

What is the price of a cheap apartment in Norwood?

The cheapest apartment in Norwood is Lakeview which is listed at $890, while the average apartment in Norwood costs $2,900.

What types of apartments are the cheapest in Norwood?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 34 regular apartments in Norwood that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Norwood?

Cheap apartments in Norwood have an average cost of $384 which is $2,516 cheaper than the average rent for all rentals in Norwood.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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Birmingham Neighborhood Breakdown: Where to Find the Cheapest Rent Without Sacrificing Livability

Written by: Larry Allen

Hi. Larry Allen here, your ApartmentHomeLiving.com Local Expert for Birmingham, AL.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.