
Cheap Apartments for Rent in the Greenwood Neighborhood of Norfolk, VA from $500 (54 Rentals)
Search the lowest-cost Apartments available for rent right now in the Greenwood area of Norfolk.


2595 Waverly Way

2606 Middle Ave

1436 Bolton St

2412 Courtney Ave

6352 Edward St

Cromwell House Senior Apartments - 55+

Oakmont North Apartments

1250 Pall Mall St

Total Monthly Price
2834 Tidewater Dr, Unit 1, Unit 1
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.

Berkley Square Apartments

University Apartments

6249 Alexander St

Dundale Square

ReNew Norfolk

4670 Kincaid Ave

Crossroads Landing East

Total Monthly Price
Fenner Gardens Apartments

Second Oakmont Townhouses

Quill
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.

Southern Park II

Lansdale Garden Apartments

Lakewood Plaza

Kennebeck Apartments

Twin Gardens Apartments

Ballentine Lofts

Lois Lane Apartments

Tomlin Apartments

Princess Court Apartments

886 A Ave
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.

Lansdale Garden Apartments

3127 Argonne Ave

Larkspur Apartments

Braywood Manor

Mission College Apartments

6228-6240 Chesapeake Blvd

Princess Anne Gardens

Stonebridge Manor Senior Adult Apartments

Dove Landing Apartments

Sherwood Forest Apartments
The Best Affordable Neighborhoods for Renters in Norfolk, VA: Great Price Meets Quality of Life
Discover Norfolk, VA's best affordable rental neighborhoods like Ghent & Downtown. Enjoy a low cost of living, top schools, vibrant arts, and waterfront views while renting.

Miramar Apartments

1111 Hugo St

Azalea Garden

Arcadia Apartments

Abbey Arms

Elite Apartments

Park Terrace Apartments

The Pointe at Pickett Farms

1018 Wolcott Ave

Cedarbird Point Apartments
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
Greenwood, Norfolk, VA Local Guide

How much does it cost to rent an apartment in Greenwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Greenwood 1 Bedroom Apartments | $1,691 | $1,025 | $2,699 |
| Greenwood 2 Bedroom Apartments | $1,814 | $895 | $3,209 |
| Greenwood 3 Bedroom Apartments | $2,226 | $1,045 | $3,749 |
| Greenwood 4 Bedroom Apartments | $1,925 | $1,830 | $2,030 |
Browse Apartments in this Neighborhood
There are currently 54 rentals with your search options within a 2 mile radius of the Greenwood Neighborhood of Norfolk, VA.
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Greenwood, Norfolk, VA Local Guide
- Nearby Norfolk neighborhoods
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Cheapest Available Greenwood Apartments for Rent
 The cheapest available apartment rental in the Greenwood area of Norfolk, VA is a 3 Beds unit found at Oakmont North Apartments priced from $1,045. The Pointe at Pickett Farms has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,094. Here are the most affordable Greenwood apartments for rent in Norfolk, VA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Oakmont North Apartments | 3 x 1 | 3BR,1BA | $1,045 |
| The Pointe at Pickett Farms | 1BR | 1BR,1BA | $1,094 |
| Berkley Square Apartments | 2 Bedroom Apartment | 2BR,1BA | $1,103 |
| Crossroads Landing East | B2 - Renovated | 2BR,1BA | $1,275 |
| Fenner Gardens Apartments | 1bd/1ba | 1BR,1BA | $1,294 |
| University Apartments | The Blair | 2BR,1BA | $1,448 |
| Crown Point Townhomes | TH2-1 Classic | 2BR,1BA | $1,511 |
| Crossroads Townhomes | Two Bedroom Flat - Renovated | 2BR,2BA | $1,550 |
| ReNew Little Creek | Allentown | 1BR,1BA | $1,669 |
Best Value Apartments for Rent in Greenwood, VA
As of April 15, 2026 the best value apartment in the Greenwood area is the $1.50 price per square foot The Vintage Model at Meadowood in the in the Foxhall neighborhood starting from $1,850. The second greatest value Greenwood apartment is the TH 2-1 Reno Model at Crown Point Townhomes starting at $1,831 with a $1.51 price per square foot in the Lake Taylor neighborhood. Here is today’s list of the best values for Greenwood apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Meadowood | The Vintage | 2BR,2BA | $1.50 |
| Crown Point Townhomes | TH 2-1 Reno | 2BR,1BA | $1.51 |
| Woodmere Trace | Renovated | 2BR,1BA | $1.70 |
| 2834 Tidewater Dr, Unit 1 | 2834 Tidewater Dr | 2BR,1BA | $1.10 |
| Berkley Square Apartments | 2 Bedroom Apartment | 2BR,1BA | $1.16 |
| University Apartments | The Blair | 2BR,1BA | $1.55 |
| Crossroads Townhomes | Two Bedroom Flat - Renovated | 2BR,2BA | $1.71 |
| Oakmont North Apartments | 3 x 1 | 3BR,1BA | $1.23 |
| Crossroads Landing East | B2 - Renovated | 2BR,1BA | $1.76 |
| The Pointe at Pickett Farms | 1BR | 1BR,1BA | $1.52 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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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Read ArticleCash 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.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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.
Pet Friendly LifestyleGreenwood, Norfolk, VA
Ranked #74
Among cities in Virginia for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Best Local Schools in Greenwood, Norfolk, VA
School data provided by Great Schools
Lifestyle Ratings
Our team is happy to bring you Lifestyle Ratings of rentals and neighborhoods across the USA, including Norfolk. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including rankings of the best places for the best outdoor access, luxury amenities, kid and pet-friendly communities, availability of transit options, and more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Frequently Asked Questions about Cheap Greenwood Apartments
What is the price of a cheap apartment in Greenwood?
The cheapest apartment in Greenwood is The Pointe at Pickett Farms which is listed at $1,094, while the average apartment in Greenwood costs $2,099.
What types of apartments are the cheapest in Greenwood?
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 9 regular apartments in Greenwood 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 Greenwood?
Cheap apartments in Greenwood have an average cost of $158 which is $1,941 cheaper than the average rent for all rentals in Greenwood.
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

The Best Affordable Neighborhoods for Renters in Norfolk, VA: Great Price Meets Quality of Life
Written by: James W. Vickers
Norfolk, Virginia, experienced a surprising population decline to 238,005 residents in the 2020 census, considering its low cost of living and high quality of life index. Renting an apartment falls well below the national average.

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.

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.