
Cheap Homes for Rent in Greenwood Neighborhood of Norfolk, VA from $800 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Greenwood area of Norfolk.


6352 Edward St

7433 Fenner St, Unit 7813-2
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.

2540 Ballentine Blvd

4802 Norvella Ave

7449 Fenner St
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.

3507 Cape Henry Ave
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 | $1,543 | $900 | $2,250 |
| Greenwood 3 Bedroom Homes for Rent | $2,196 | $1,450 | $2,650 |
| Greenwood 4 Bedroom Homes for Rent | $2,718 | $2,300 | $3,000 |
| Greenwood 5 Bedroom Homes for Rent | $2,495 | $2,495 | $2,495 |
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 2 Beds unit found at 6228-6240 Chesapeake Blvd priced from $925. Oakmont North Apartments has the second lowest priced unit, which is a 3 Beds apartment currently listed from $1,045. Here are the most affordable Greenwood apartments for rent in Norfolk, VA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 6228-6240 Chesapeake Blvd | 2 Beds, 1 Baths | 2BR,1BA | $925 |
| Oakmont North Apartments | 3 x 1 | 3BR,1BA | $1,045 |
| The Pointe at Pickett Farms | 1BR | 1BR,1BA | $1,094 |
Best Value Apartments for Rent in Greenwood, VA
As of May 30, 2026 the best value apartment in the Greenwood area is the $1.54 price per square foot Dover Model at ReNew Little Creek in the in the Foxhall neighborhood starting from $2,409. The second greatest value Greenwood apartment is the The Vintage Model at Meadowood starting at $1,850 with a $1.50 price per square foot in the Foxhall 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. |
|---|---|---|---|
| ReNew Little Creek | Dover | 3BR,2BA | $1.54 |
| Meadowood | The Vintage | 2BR,2BA | $1.50 |
| Crown Point Townhomes | TH 2-1 Reno | 2BR,1BA | $1.51 |
| Quill | 2BR | 2BR,2BA | $1.26 |
| Berkley Square Apartments | 2 Bedroom Apartment | 2BR,1BA | $1.16 |
| University Apartments | The Blair | 2BR,1BA | $1.55 |
| 6228-6240 Chesapeake Blvd | 2 Beds, 1 Baths | 2BR,1BA | $1.05 |
| Woodmere Trace | Renovated | 1BR,1BA | $1.76 |
| Oakmont North Apartments | 3 x 1 | 3BR,1BA | $1.23 |
| The Pointe at Pickett Farms | 1BR | 1BR,1BA | $1.52 |
Beyond the Dorms: Finding the Best Off-Campus Living in Norfolk
Find your perfect Norfolk apartment! This comprehensive guide details the best student neighborhoods (like Ghent, Chelsea, and Highland Park), top restaurants, and entertainment near NSU, ODU, and EVMS.
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.
Read ArticleReal 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.
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 #69
Among cities in Virginia for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet 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 121 Apartments for Rent in Greenwood, VA with pricing that ranges from $960 to $6,012. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Greenwood ranging from $850 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 $850 to $3,000 with an average monthly rent of $1,977.
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 $6,012, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,450 to $2,650. Four Bedroom Single-Family rentals are also available starting from $2,300 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.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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.

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.