Cheap Apartments for Rent in Norwood, NC from $800 (31 Rentals)

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Search the lowest-cost Apartments available for rent right now in Norwood.

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.

Cash 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.

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Willow Glen
1 to 3 Bedroom Apartments

Willow Glen

875 E Sunset DrMonroe, NC 28112
Corporate Housing

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.

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American Ave NE
2 to 3 Bedroom Apartments

American Ave NE

71-93 American Ave NEConcord, NC 28025
  • Utilities Included

Norwood, NC Local Guide

Cheapest Available Norwood Apartments for Rent and Nearby

 

The cheapest available apartment rental in Norwood, NC is a 1 Bed unit found at Pinecrest Village priced from $805. Monticello Gardens in the Icemorlee neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $985. Here is today’s list of the most affordable Norwood apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Pinecrest Village1x11BR,1BA$805
Monticello GardensUpdated1BR,1BA$985
Sunset Apartments1 Bedroom 1 Bath1BR,1BA$1,100
Summerlin at Concord Apartment HomesOne Bedroom - 633 sqft1BR,1BA$1,115
Crestview HuntingtonHickory2BR,1BA$1,119
Residences at the Albemarle Hotel1 Bedroom1BR,1BA$1,125
Nottingham Apartments1 Bedroom 1 Bath1BR,1BA$1,165
Pinewood Trace1 BR / 1.5 BA1BR,1BA$1,175
Concord ChaseCornell1BR,1BA$1,191
NOVI at ConcordRise - S2Studio,1BA$1,214

Best Value Apartments for Rent in Norwood, NC and Nearby

As of June 21, 2026 the best value apartment in the Norwood area is the $1.23 price per square foot 3 x 2 The Escape C1SFsi Model at Wingate Meadows Rental Homes in the in the Urban Hills neighborhood starting from $2,125. The second greatest value Norwood apartment is the Caswell Model at Poplin Trace starting at $2,185 with a $1.36 price per square foot in the Stoneybrook 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.
Wingate Meadows Rental Homes3 x 2 The Escape C1SFsi3BR,2BA$1.23
Poplin TraceCaswell3BR,2.5BA$1.36
Founders PointGlen3BR,2.5BA$1.43
The Villas at Rocky River3BR, 2BA-1250 SF3BR,2BA$1.42
American Ave NE3BR/2.0BA3BR,2BA$1.17
Crown Point Luxury Apartments at Kingsport2x2 Deluxe-Call For Availability2BR,2BA$1.34
The Oaks at Monroe2BR/1.5BA2BR,1.5BA$1.32
Northway at WoodcrestRenovated3BR,1BA$1.41
Pinewood Trace2 BR/1.5 BA TH2BR,1.5BA$1.24
Pinecrest Village1x11BR,1BA$0.97

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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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap Norwood Apartments

What is the Cheapest Studio apartment in Norwood?

Currently the most affordable Cheap Studio Apartment in Norwood is at NOVI at Concord listed at $1,214.

How much is rent for a Cheap One Bedroom Norwood Apartment?

The lowest price for a Cheap One Bedroom Norwood Apartment is $805 at Pinecrest Village.

What is the lowest price for a Cheap Two Bedroom Norwood Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Norwood is starting from $895 at Pinecrest Village.

What is the most affordable Norwood Three Bedroom Apartment?

The best deal on a cheap Norwood Three Bedroom Apartment rental is at Pinecrest Village and starts from $1,055.

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 Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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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.