Cheap Apartments for Rent in Norwood, NC from $700 (20 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

property at 206 S 3rd St

206 S 3rd St

AlbemarleNC28001

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 $755. 121 Heath St has the second lowest priced unit, which is a 1 Bed apartment currently listed from $845. Here is today’s list of the most affordable Norwood apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Pinecrest Village1x11BR,1BA$755
121 Heath StOne Bed1BR,1BA$845
Allison HeightsAllison Heights2BR,1BA$995
Woodbrook Apartment HomesStudioStudio,1BA$1,040
Concord ChaseCornell1BR,1BA$1,063

Best Value Apartments for Rent in Norwood, NC and Nearby

As of April 26, 2025 the best value apartment in the Norwood area is the $1.40 price per square foot Caswell Model at Poplin Meadows in the in the Stoneybrook neighborhood starting from $2,249. The second greatest value Norwood apartment is the Hemingway Model at Founders Point starting at $2,064 with a $1.32 price per square foot in the Icemorlee 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.
Poplin MeadowsCaswell3BR,2.5BA$1.40
Founders PointHemingway3BR,2.5BA$1.32
Greens of Concord3 Bedroom Townhome3BR,2BA$1.20
Crown Point Luxury Apartments at Kingsport2x2 Deluxe-Call For Availability2BR,2BA$1.36
The Oaks at Monroe2BR/1.5BA2BR,1.5BA$1.41
Allison HeightsAllison Heights2BR,1BA$1.00
Chesney Woods Apartment Homes2D2BR,1.5BA$1.28
American Ave NE2BR/2.0BA2BR,2BA$1.22
Pinecrest Village1x11BR,1BA$0.91
121 Heath StOne Bed1BR,1BA$1.41

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.

decorative image of people with a giant lease agreement

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

Explore Norwood, NC Rentals by Map

View MapNorwood, NC Apartments MapView MapNorwood, NC Rental Homes Map

Getting Around Norwood, NC

Walk Score®

23 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

23 / 100

Somewhat Bikeable

Minimal bike infrastructure

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 Woodbrook Apartment Homes listed at $1,025.

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

The lowest price for a Cheap One Bedroom Norwood Apartment is $755 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 $845 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 American Ave NE and starts from $1,275.

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

decorative image for Rise of Digital Nomads: Remote Work Tips for Apartment Renters article

Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

decorative image for Know Your Rights - How Discrimination Laws Impact Landlords and Tenants article

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.