Cheap Apartments for Rent in the Norwood Neighborhood of Colorado Springs, CO from $700 (22 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Norwood area of Colorado Springs.

property at 4711 Bella Dr

$1,025

1 Bedroom, 1 Bath Home for Rent

Available Now

4711 Bella Dr, Unit 1

4711 Bella Dr
Colorado SpringsCO80918

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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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Windtree
Studio to 2 Bedroom Apartments

Windtree

2530 Paragon DrColorado Springs, CO 80918
Corporate Housing
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Atrium at Austin Bluffs
1 to 2 Bedroom Apartments

Atrium at Austin Bluffs

4921 Templeton Gap RdColorado Springs, CO 80923
Senior Living
  • Utilities Included

Colorado Springs's Best Affordable Neighborhoods

Learn about Colorado Springs and the best places to live with original content written by our Local Expert Darla Ferrara

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Norwood, Colorado Springs, CO Local Guide

Cheapest Available Norwood Apartments for Rent

 

The cheapest available apartment rental in the Norwood area of Colorado Springs, CO is a Studio unit found at Windtree priced from $945. North 49 Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,001. Here are the most affordable Norwood apartments for rent in Colorado Springs, CO:

Apartment ListingModel NameBed/BathPriced From
WindtreeStudioStudio,1BA$945
North 49 Apartments1BD, 1BTH1BR,1BA$1,001
Cottonwood TerraceBlossom1BR,1BA$1,020
Mountain ManorBreckenridge 1X1 5801BR,1BA$1,099
Aspen Bluff2x1.52BR,1BA$1,100

Best Value Apartments for Rent in Norwood, CO

As of January 11, 2026 the best value apartment in the Norwood area is the $1.15 price per square foot Windsor- B Grade Model at Rampart View Apartments in the in the Norwood neighborhood starting from $1,480. The second greatest value Norwood apartment is the C Model at Lynmar Apartments starting at $1,500 with a $1.70 price per square foot in the Norwood 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.
Rampart View ApartmentsWindsor- B Grade2BR,2BA$1.15
Lynmar ApartmentsC2BR,2BA$1.70
Vista ViewPike2BR,1BA$1.45
Aspen Bluff2x1.52BR,1.5BA$1.29
The Vineyards of Colorado SpringsNapa Renovated1BR,1BA$1.70
Champions1x1AR1 T21BR,1BA$1.75
The Parc at BriargateJuniper1BR,1BA$1.56
Woodland Hills ApartmentsAlder1BR,1BA$1.69
Retreat at Austin BluffsThe Richmond1BR,1BA$1.72
Cottonwood TerraceBlossom1BR,1BA$1.70

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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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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Best Local Schools in
Norwood, Colorado Springs, CO

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Lifestyle Ratings

Our team of engineers and researchers is proud to bring you Lifestyle Ratings of rentals and neighborhoods across the USA, including Colorado Springs. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including searching for the best amenities, and proximity to parks, transit availability, pet-friendly communities, family-friendly amenities, in addition to floorplans, availablity, and pricing. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Norwood Apartments

What is the price of a cheap apartment in Norwood?

The cheapest apartment in Norwood is North 49 Apartments which is listed at $1,001, while the average apartment in Norwood costs $1,933.

What types of apartments are the cheapest in Norwood?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 90 regular apartments in Norwood that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Norwood?

Cheap apartments in Norwood have an average cost of $668 which is $1,265 cheaper than the average rent for all rentals in Norwood.

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

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A Local Experts Guide To 10 Budget-Friendly Neighborhoods to Rent in Colorado Springs, CO

Written by: Darla Ferrara

Just the name Colorado Springs makes me think of home. I’m Darla, your ApartmentHomeLiving.com Local Expert for Colorado Springs, CO.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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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.