Cheap Apartments for Rent in Norwood, VA from $500 (40 Rentals)

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

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.

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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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Holland House
1 to 2 Bedroom Apartments

Holland House

3710 Fort AveLynchburg, VA 24501
  • Utilities Included

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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Midtown Lofts
1 to 2 Bedroom Apartments

Midtown Lofts

2734 Fort AveLynchburg, VA 24501
  • Utilities Included
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Midtown on 12th
Studio to 1 Bedroom Apartments

Midtown on 12th

1701 12th StLynchburg, VA 24501
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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723 Jefferson Street
1 Bedroom Apartments

723 Jefferson Street

723 Jefferson StreetLynchburg, VA 24504
  • Utilities Included
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100 Horseford Rd
Studio to 2 Bedroom Apartments

100 Horseford Rd

100 Horseford RdLynchburg, VA 24504
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White Star Flats
1 to 2 Bedroom Apartments

White Star Flats

1217 Church StLynchburg, VA 24504
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The Windsor
1 to 2 Bedroom Apartments

The Windsor

200 Cleveland AveLynchburg, VA 24503
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Norwood, VA Local Guide

Cheapest Available Norwood Apartments for Rent and Nearby

 

The cheapest available apartment rental in Norwood, VA is a 1 Bed unit found at Elora Gardens Lynchburg in the Tate Springs neighborhood priced from $696. Bramblewood Apartments in the Tate Springs neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $799. Here is today’s list of the most affordable Norwood apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Elora Gardens Lynchburg1 Bedroom1BR,1BA$696
Bramblewood Apartments2BR/1.0BA2BR,1BA$799
Huntingwood Apartments1 Bed, 1 bath1BR,1BA$850
The Timbers2 Bedroom, 1 Bathroom2BR,1BA$859
County Green Apartment Homes1 Bed, 1 bath1BR,1BA$875
Church Street Townhomes1 Bedroom, 1 Bathroom1BR,1BA$895
Ivy Creek Apartments3BR/1.5BA3BR,1BA$899
Wesley Apartments - Senior Living Community1 Bedroom WAITLIST ONLY1BR,1BA$920
The Westie in Madison Heights1 BR1BR,1BA$935
Rivermont Park2 Bedroom, 1 Bath2BR,1BA$949

Best Value Apartments for Rent in Norwood, VA and Nearby

As of November 16, 2025 the best value apartment in the Norwood area is the $1.09 price per square foot 2BR/2.0BA Model at River Lofts West in the in the College Hill neighborhood starting from $1,945. The second greatest value Norwood apartment is the CSQ II Model at The Vue at College Square (Student Housing) starting at $750 with a $0.44 price per square foot in the Montview 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.
River Lofts West2BR/2.0BA2BR,2BA$1.09
The Vue at College Square (Student Housing)CSQ II3BR,3.5BA$0.44
The Reserve -All Utilities Included&Furnished3 Bedroom - All Inclusive3BR,3.5BA$0.58
Ivy Creek Apartments3BR/1.5BA3BR,1.5BA$0.75
Forestbrook Apartments3 Bed/ 2 Bath3BR,2BA$0.92
Mill's Crossing22BR,2BA$0.95
Princeton Circle West ApartmentsColonial2BR,1BA$0.97
The Timbers2 Bedroom, 1 Bathroom2BR,1BA$0.98
Bramblewood Apartments2BR/1.0BA2BR,1BA$1.00
County Green Apartment Homes1 Bed, 1 bath1BR,1BA$1.15

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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The 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.

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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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Pet Friendly Lifestyle
Norwood, VA

Ranked #540

Among cities in Virginia for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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

Explore Norwood, VA Rentals by Map

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See the most popular apartments and homes in Norwood, VA

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Norwood, VA Apartments Map
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Frequently Asked Questions about Cheap Norwood Apartments

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

The lowest price for a Cheap One Bedroom Norwood Apartment is $696 at Elora Gardens Lynchburg.

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 $799 at Bramblewood Apartments.

What is the most affordable Norwood Three Bedroom Apartment?

The best deal on a cheap Norwood Three Bedroom Apartment rental is at Ivy Creek Apartments and starts from $899.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.