Norwood, NC Homes for Rent

/41
$1,550 Per Month
- 3 Beds
- 1.5 Baths
- 1,259 Sq Ft
- House for Rent
420 Eastover Ave, Norwood, NC 28128

Welcome home to this inviting 3-bedroom, 1.5-bath home in Norwood! With a comfortable open-concept layout, this home offers a spacious feel and an easy flow between the living and kitchen areas, making it a great space for both everyday living and entertaining. The kitchen features generous counter space and plenty of storage, including two convenient corner Lazy Susans that make organizing and

Michael St. Germain

The St. Germain Group

420 Eastover Ave, Norwood, NC 28128
/20
$2,200 Per Month
- 3 Beds
- 2.5 Baths
- 1,334 Sq Ft
- House for Rent
518 Lake Head Rd, Norwood, NC 28128

Charming 3-Year-Old Home by Lake Tillery!Enjoy lake living in this beautiful 3-bedroom, 2.5-bath home just across the road from Lake Tillery. Features an open living and kitchen area, modern finishes, and a relaxing rocking-chair front porch. Great location only minutes from shopping, dining, and local recreation—come enjoy the best of lake life!

Caty Edwards Plank Road Realty

518 Lake Head Rd, Norwood, NC 28128

North Carolina Stanly County

Why Live in Norwood

Norwood, NC, located about 10 miles south of Albemarle, is a small town known as “The Gateway to Lake Tillery.” This proximity to Lake Tillery offers residents year-round lakeside activities such as kayaking, boating, and fishing. Norwood features a modest downtown area with local businesses, including an ice cream shop, a bank, and a hardware store. Dining options include Lantern Sushi and The Boat House on Lake Tillery, which provides casual waterfront dining. The town hosts community events like the Arbor Day Festival every April, featuring vendors, food trucks, local bands, a 5K, and a car show. Norwood has received a $1.6 million Community Development Block Grant for home renovations, reflecting ongoing revitalization efforts. Housing in Norwood ranges from ranch-style homes in the town center to million-dollar waterfront properties in gated communities like Edgewater on Lake Tillery and Eagle Pointe. Edgewater residents enjoy amenities such as a private Olympic-sized swimming pool, a community clubhouse, and a recreation center. Outdoor enthusiasts can explore nearby Uwharrie National Forest and Morrow Mountain State Park, which offer hiking trails, camping sites, and boat rentals. Stanly County Schools serve the area, providing highly rated education from elementary to high school. For shopping, residents can visit local stores or drive to Albemarle for more options like Walmart Supercenter and Lowe’s. U.S. Route 52 connects Norwood to regional cities and services, including Atrium Health Stanly hospital 15 miles away and Charlotte Douglas International Airport 60 miles west.

Learn more about living in Norwood

Frequently Asked Questions

How much does it cost to rent a home in Norwood, NC?

The median rent for a home in Norwood, NC is $2,150 per month, though prices vary by neighborhood, size, and property type. As of September 2026, single-family homes tend to be the most affordable option.

How much do you need to make to afford rent in Norwood, NC?

To comfortably afford the median rent in Norwood, NC, a household needs to earn roughly $86,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,150 per month in Norwood, NC, renters typically need to show $6,450 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.

Is it more affordable to rent or buy in Norwood, NC?

In Norwood, NC, the price-to-rent ratio is 13.5, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Trends in Norwood, NC

There are currently 2 homes available for rent in Norwood, NC. The median rent is $2,150 per month, with single-family homes renting at $1,498.

Rental Home Trends

Number of Homes for Rent 2	Median Rent $2,150
Median Single Family Home Rent $1,498

How to Rent a Home

Rentals in Norwood

Norwood Houses for Rent

Homes for Rent by Bedrooms in Norwood

3 Bedroom Homes for Rent in Norwood

Rentals by Price in Norwood

Norwood Rentals under $2,500

More About Living in Norwood

Homes for Rent in Nearby Cities

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