
Cheap Apartments for Rent in Norwood, NC from $800 (23 Rentals)
Search the lowest-cost Apartments available for rent right now in Norwood.


Monroe Apartments

Crestview Huntington

Monticello Gardens

121 Heath Street

Nottingham Apartments

Fairley Avenue
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.

Allison Heights

Sunset Apartments

Lemmond Farm

Total Monthly Price
Residences at the Albemarle Hotel

Concord Chase

Beautiful Chesney Woods Townhomes

Pinewood Trace
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.

2550 Monta Dr

619 E Wade St

307 Leonard Ave

708 Union St S

Willow Glen

317 E Phifer St

507 Hasty St
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.

American Ave NE

3810 Vanderburg Dr
Norwood, NC Local Guide

How much does it cost to rent an apartment in Norwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Norwood Studio Apartments | $1,406 | $850 | $1,584 |
| Norwood 1 Bedroom Apartments | $1,559 | $805 | $2,320 |
| Norwood 2 Bedroom Apartments | $1,700 | $895 | $2,779 |
| Norwood 3 Bedroom Apartments | $1,960 | $1,055 | $2,635 |
| Norwood 4 Bedroom Apartments | $2,010 | $1,653 | $2,250 |
Browse Top Apartments in Norwood
See all Apartments in NorwoodExplore Norwood
Norwood, NC Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
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 $1,025. Here is today’s list of the most affordable Norwood apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Pinecrest Village | 1x1 | 1BR,1BA | $805 |
| Monticello Gardens | Updated | 1BR,1BA | $1,025 |
| Nottingham Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $1,065 |
| Sunset Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $1,100 |
| Allison Heights | 2BR/1.0BA | 2BR,1BA | $1,100 |
Best Value Apartments for Rent in Norwood, NC and Nearby
As of May 02, 2026 the best value apartment in the Norwood area is the $1.12 price per square foot Kinston Model at Poplin Meadows in the in the Stoneybrook neighborhood starting from $2,375. The second greatest value Norwood apartment is the Intrigue Model at Wingate Meadows Rental Homes starting at $2,100 with a $1.21 price per square foot in the Urban Hills neighborhood. Here is today’s list of the best values for Norwood apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Poplin Meadows | Kinston | 3BR,2.5BA | $1.12 |
| Wingate Meadows Rental Homes | Intrigue | 3BR,2.5BA | $1.21 |
| Founders Point | Douglas | 3BR,2.5BA | $1.33 |
| American Ave NE | 3BR/2.0BA | 3BR,2BA | $1.17 |
| Crown Point Luxury Apartments at Kingsport | 2x2 Deluxe-Call For Availability | 2BR,2BA | $1.34 |
| The Oaks at Monroe | 2BR/1.5BA | 2BR,1.5BA | $1.32 |
| Pinewood Trace | 2 BR/1.5 BA TH | 2BR,1.5BA | $1.29 |
| Beautiful Chesney Woods Townhomes | 2BR/1.5BA | 2BR,1.5BA | $1.22 |
| Allison Heights | 2BR/1.0BA | 2BR,1BA | $1.27 |
| Pinecrest Village | 1x1 | 1BR,1BA | $0.97 |
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.
Read Article10 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.
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.
Best Local Schools in Norwood, NC
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Norwood, NC Rentals by Map
See the most popular apartments and homes in Norwood, NC
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 $1,308.
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

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.

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.