Cheap Homes for Rent in Norwood Neighborhood of Louisville, KY from $900 (5 Rentals)

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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.

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 1904 Wickham Way

$1,875

3 Bedroom, 1 Bath Home for Rent

Available Now

1904 Wickham Way

LouisvilleKY40223

Norwood, Louisville, KY Local Guide

Cheapest Available Norwood Apartments for Rent

 

The cheapest available apartment rental in the Norwood area of Louisville, KY is a 1 Bed unit found at Church Way Apartments priced from $960. Devonshire Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $962. Here are the most affordable Norwood apartments for rent in Louisville, KY:

Apartment ListingModel NameBed/BathPriced From
Church Way Apartments4221 N Church Way1BR,1BA$960
Devonshire ApartmentsThe Briarwood1BR,1BA$962
Partridge Meadows ApartmentsThe Starling1BR,1BA$978

Best Value Apartments for Rent in Norwood, KY

As of May 21, 2026 the best value apartment in the Norwood area is the $1.29 price per square foot Winbourne Model at Hurstbourne Grand Apartments in the in the Hikes Point neighborhood starting from $1,500. The second greatest value Norwood apartment is the Three Bedroom Two Bath Model at Vetra at St. Matthews starting at $1,429 with a $1.24 price per square foot in the Hayfield Dundee 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.
Hurstbourne Grand ApartmentsWinbourne1BR,1BA$1.29
Vetra at St. MatthewsThree Bedroom Two Bath3BR,2BA$1.24
ReNew Breckenridge2 Bed 1 Bath with Washer Dryer2BR,1BA$1.32
Plymouth Village Apartments612 Breckenridge2BR,1.5BA$1.21
Church Way Apartments4219 N Church Way1BR,1BA$1.17
District at Hurstbourne1 Bedroom 1 Bath 8001BR,1BA$1.40
Ashton Brook1X11BR,1BA$1.45
Partridge Meadows ApartmentsThe Starling1BR,1BA$1.29
The FitzgeraldOne Bedroom1BR,1BA$1.44
Devonshire ApartmentsThe Briarwood1BR,1BA$1.46

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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The Official Expert's Guide to the Top Neighborhoods in Louisville for College Renters

Learn About the Best Neighborhoods to Rent Near College Campuses in Louisville, KY | Find Louisville Off-Campus Student Housing at ApartmentHomeLiving.com

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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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Quick Rent Budget Calculator

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Frequently Asked Questions about Norwood

What type of rentals are currently available in Norwood?

There are currently 86 Apartments for Rent in Norwood, KY with pricing that ranges from $895 to $3,438. There are also 18 Single Family Homes for rent, Condos, and Townhome rentals currently available in Norwood ranging from $900 to $3,780.

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 $900 to $3,780 with an average monthly rent of $2,012.

How much are larger Three and Four Bedroom Rentals in Norwood?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Norwood range from $1,219 to $3,438, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,699 to $3,200. Four Bedroom Single-Family rentals are also available starting from $2,395 and Four Bedroom Apartments start at $1,695.

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.

Helpful Local Expert Guides

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The 10 Best Affordable Neighborhoods for Renting in Louisville, KY

Written by: Mike Heuer

Louisville, Kentucky, founded in 1778, has grown to be the largest city in Kentucky and is a terrific city situated right along the south bank of the Ohio River.

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The Official Expert's Guide to the Top Neighborhoods in Louisville for College Renters

Written by: Mike Heuer

Louisville is a terrific location to get an advanced education at one of its many great colleges and universities.

decorative image for Mint Juleps and Mile-Saving Commutes: Finding Quality Louisville Apartments Near Major Employers article

Mint Juleps and Mile-Saving Commutes: Finding Quality Louisville Apartments Near Major Employers

Written by: Mike Heuer

Kentucky is a business-friendly commonwealth, and Louisville is its largest city. It also is home to many great employers who pay well, and their workers have lots of great choices in neighborhoods to rent great apartments.

Articles, How-To's, and Tips

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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.

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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.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.