Cheap Homes for Rent in Norwood Neighborhood of Birmingham, AL from $700 (32 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.

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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 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

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Showing Results 1-32, Page 1 of 1

Cheapest Available Norwood Apartments for Rent

 

The cheapest available apartment rental in the Norwood area of Birmingham, AL is a 1 Bed unit found at Clairmont Hill priced from $829. 5th Avenue Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $848. Here are the most affordable Norwood apartments for rent in Birmingham, AL:

Apartment ListingModel NameBed/BathPriced From
Clairmont Hill1 Bedroom / 1.5 Bathroom Apartment1BR,1BA$829
5th Avenue Apartments1 Bedroom / 1 Bathroom Apartment1BR,1BA$848
Lakeview1 Bedroom/ 1 Bathroom1BR,1BA$890
Uptown Square2/12BR,1BA$900
Park PlaceWillow1BR,1BA$971
Thomas Jefferson TowersThe Cabana1BR,1BA$999
Bankhead Towers1 Bedroom 1 Bathroom1BR,1BA$1,007
Linridge Apartments1 Bedroom / 1 Bathroom Apartment - Garage Access1BR,1BA$1,018
Spring Street Flats2 Bedroom / 1 Bathroom Apartment2BR,1BA$1,037
The Dagny1 Bedoom1BR,1BA$1,087

Best Value Apartments for Rent in Norwood, AL

As of May 21, 2026 the best value apartment in the Norwood area is the $1.28 price per square foot Penthouse Model at The 700 in the in the Southside Birmingham neighborhood starting from $2,020. The second greatest value Norwood apartment is the 2 Bedroom Model at Jemison Flats starting at $2,095 with a $1.42 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.
The 700Penthouse2BR,2.5BA$1.28
Jemison Flats2 Bedroom2BR,2BA$1.42
Fix Play Lofts2 Bedroom2BR,1BA$1.33
Axel Row ApartmentsB22BR,2BA$1.50
Lakeview1 Bedroom/ 1 Bathroom1BR,1BA$1.10
Park PlaceJasmine1BR,1BA$1.44
Linwood Park2 Bedroom / 1 Bathroom Apartment2BR,1BA$1.56
Spring Street Flats2 Bedroom / 1 Bathroom Apartment2BR,1BA$1.45
Uptown Square2/12BR,1BA$1.29
5th Avenue Apartments1 Bedroom / 1 Bathroom Apartment1BR,1BA$1.36

Frequently Asked Questions about Norwood

What type of rentals are currently available in Norwood?

There are currently 155 Apartments for Rent in Norwood, AL with pricing that ranges from $595 to $14,545. There are also 81 Single Family Homes for rent, Condos, and Townhome rentals currently available in Norwood ranging from $725 to $3,500.

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 $725 to $3,500 with an average monthly rent of $1,472.

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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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.