Cheap Homes for Rent in Sherwood Forest Neighborhood of Norfolk, VA from $900 (4 Rentals)

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Search the lowest-cost Homes available for rent right now in the Sherwood Forest area of Norfolk.

property at 2540 Ballentine Blvd

$1,000

Total Monthly Price6 Month Lease Term

Total Monthly Price

Base Rent
$1,000

Total Monthly Price
$1,000

1 Bedroom, 1.5 Bath Home for Rent

Available Now

2540 Ballentine Blvd

NorfolkVA23509

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.

property at 4802 Norvella Ave

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100

2 Bedroom, 1 Bath Condo for Rent

Available Now

4802 Norvella Ave

NorfolkVA23513
property at 3507 Cape Henry Ave

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

2 Bedroom, 1 Bath Townhome for Rent

Available Now

3507 Cape Henry 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.

Sherwood Forest, Norfolk, VA Local Guide

Best Value Apartments for Rent in Sherwood Forest, VA

As of June 04, 2026 the best value apartment in the Sherwood Forest 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 Sherwood Forest 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 Sherwood Forest apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
ReNew Little CreekDover3BR,2BA$1.54
MeadowoodThe Vintage2BR,2BA$1.50
Crown Point TownhomesTH 2-1 Reno2BR,1BA$1.51
ReNew NorfolkBurlington2BR,1BA$1.76
Woodmere TraceRenovated2BR,1BA$1.54
University ApartmentsThe Blair2BR,1BA$1.55
6228-6240 Chesapeake Blvd2 Beds, 1 Baths2BR,1BA$1.05
Ingleside Square Apartments2BR/1BA2BR,1BA$1.30
Crossroads Landing EastB2 - Renovated2BR,1BA$1.76
The Pointe at Pickett Farms1BR1BR,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.

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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.

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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

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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Frequently Asked Questions about Sherwood Forest

What type of rentals are currently available in Sherwood Forest?

There are currently 108 Apartments for Rent in Sherwood Forest, VA with pricing that ranges from $925 to $6,185. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Sherwood Forest ranging from $900 to $3,000.

What is the current price range for Rental Homes in Sherwood Forest?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Sherwood Forest ranges from $900 to $3,000 with an average monthly rent of $2,020.

How much are larger Three and Four Bedroom Rentals in Sherwood Forest?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Sherwood Forest range from $1,075 to $6,185, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,800 to $2,600. Four Bedroom Single-Family rentals are also available starting from $1,795 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

decorative image for The Best Affordable Neighborhoods for Renters in Norfolk, VA: Great Price Meets Quality of Life article

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.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units  article

Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent   article

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.

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

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.