946 Ave H
NorfolkVA23513
Cheap Homes for Rent in Greenwood Neighborhood of Norfolk, VA from $700 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Greenwood area of Norfolk.
2595 Waverly Way
NorfolkVA23504
1436 Bolton St
NorfolkVA23504
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.
2606 Middle Ave
NorfolkVA23504
6352 Edward St
NorfolkVA23513
1018 Wolcott Ave
NorfolkVA23513
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.
3110 Chalfin Ave
NorfolkVA23513
Showing Results 1-7, Page 1 of 1
Greenwood, Norfolk, VA Local Guide
How much does it cost to rent a home in Greenwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Greenwood 2 Bedroom Homes for Rent | $1,591 | $1,200 | $2,250 |
| Greenwood 3 Bedroom Homes for Rent | $1,975 | $800 | $2,650 |
| Greenwood 4 Bedroom Homes for Rent | $2,411 | $750 | $3,000 |
| Greenwood 5 Bedroom Homes for Rent | $2,397 | $2,300 | $2,495 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 7 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
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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 |
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.
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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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
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.
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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
Frequently Asked Questions about Greenwood
What type of rentals are currently available in Greenwood?
There are currently 124 Apartments for Rent in Greenwood, VA with pricing that ranges from $895 to $3,749. There are also 44 Single Family Homes for rent, Condos, and Townhome rentals currently available in Greenwood ranging from $750 to $3,000.
What is the current price range for Rental Homes in Greenwood?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Greenwood ranges from $750 to $3,000 with an average monthly rent of $1,969.
How much are larger Three and Four Bedroom Rentals in Greenwood?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Greenwood range from $1,045 to $3,749, while Three Bedroom Homes, Condos, and Townhomes for rent range from $800 to $2,650. Four Bedroom Single-Family rentals are also available starting from $750 and Four Bedroom Apartments start at $1,830.
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.