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Newest Homes for Rent in Norwood, NC

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  • /16

    $1,395 Per Month

    • 2 Beds
    • 1 Bath
    • House for Rent

    217 Carlie St, Norwood, NC 28128

    Discover the quality of this brand new, single-story 3 bedroom, 1 bathroom home in the peaceful town of Norwood. This home is the perfect starter home with a modern design. Enter to the open floor plan with the living room, kitchen and dining area all flowing together. The kitchen is complete with recessed lighting, granite countertops and stainless steel appliances. Off to the side of the main

    Sam Cowles JLF Management Group LLC

    217 Carlie St, 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

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 $1,797 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 $71,880 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 $1,797 per month in Norwood, NC, renters typically need to show $5,391 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 14.9, 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 Home Trends

Number of Homes for Rent
2
Median Rent
$1,797
Median Single Family Home Rent
$1,495
How to Rent a Home