Cheap Homes for Rent in Norwood Neighborhood of Birmingham, AL from $700 (42 Rentals)

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

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.

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
property at 1801 2nd Ave N

$975

1 Bedroom, 1 Bath Rentals

Available Now

208

1801 2nd Ave N
BirminghamAL35203

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.

property at 2936 42nd Ave N

$1,025

Total Monthly Price

Total Monthly Price

Base Rent
$1,025

Total Monthly Price
$1,025

2 Bedroom, 2 Bath Home for Rent

Available Now

2936 42nd Ave N

BirminghamAL35207
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
property at 4236 39th Ave N

$1,100

3 Bedroom, 1 Bath Rentals

Available Now

4236 39th Ave N

BirminghamAL35217
property at 2024 29th St N

$1,125

Total Monthly Price

Total Monthly Price

Base Rent
$1,125

Total Monthly Price
$1,125

2 Bedroom, 1 Bath Home for Rent

Available Now

2024 29th St N

BirminghamAL35234

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.

property at 1578 Druid Hill Dr

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

2 Bedroom, 1 Bath Home for Rent

Available Now

1578 Druid Hill Dr, Unit 2

1578 Druid Hill Dr
BirminghamAL35234

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.

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.

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

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 05, 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

Frequently Asked Questions about Norwood

What type of rentals are currently available in Norwood?

There are currently 156 Apartments for Rent in Norwood, AL with pricing that ranges from $595 to $14,545. There are also 82 Single Family Homes for rent, Condos, and Townhome rentals currently available in Norwood ranging from $750 to $5,000.

What is the current price range for Rental Homes in Norwood?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Norwood ranges from $750 to $5,000 with an average monthly rent of $1,416.

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.