
Cheap Apartments for Rent in the Norwood Neighborhood of Colorado Springs, CO from $700 (9 Rentals)
Search the lowest-cost Apartments available for rent right now in the Norwood area of Colorado Springs.


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North 49 Apartments

3165 Dublin Blvd

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8659 Chancellor Dr, Unit King Bedroom
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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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Mountain Manor

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5170 Saddle Dr, Unit Studio by UCCS

Hatler-May Village Senior Residences

Atrium at Austin Bluffs
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Windtree
Norwood, Colorado Springs, CO Local Guide

How much does it cost to rent an apartment in Norwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Norwood Studio Apartments | $1,542 | $1,100 | $1,850 |
| Norwood 1 Bedroom Apartments | $1,572 | $899 | $4,808 |
| Norwood 2 Bedroom Apartments | $1,768 | $1,115 | $5,442 |
| Norwood 3 Bedroom Apartments | $2,095 | $1,580 | $2,687 |
Browse Apartments in this Neighborhood
There are currently 9 rentals with your search options within a 2 mile radius of the Norwood Neighborhood of Colorado Springs, CO.
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Norwood, Colorado Springs, CO Local Guide
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Cheapest Available Norwood Apartments for Rent
 The cheapest available apartment rental in the Norwood area of Colorado Springs, CO is a 1 Bed unit found at Mountain Manor priced from $1,099. Cottonwood Terrace has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,107. Here are the most affordable Norwood apartments for rent in Colorado Springs, CO:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Mountain Manor | Breckenridge 1X1 580 | 1BR,1BA | $1,099 |
| Cottonwood Terrace | Spring Breeze | 1BR,1BA | $1,107 |
| Aspen Bluff | 2x1.5 | 2BR,1BA | $1,115 |
Best Value Apartments for Rent in Norwood, CO
As of March 21, 2026 the best value apartment in the Norwood area is the $1.23 price per square foot Windsor- A Grade Model at Rampart View Apartments in the in the Norwood neighborhood starting from $1,780. The second greatest value Norwood apartment is the The Waterton Model at Residences at Falcon North starting at $1,997 with a $1.64 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Rampart View Apartments | Windsor- A Grade | 2BR,2BA | $1.23 |
| Residences at Falcon North | The Waterton | 3BR,2BA | $1.64 |
| Heritage at Hidden Creek | Botanica | 2BR,2BA | $1.64 |
| The Parc at Briargate | Aspen | 2BR,2BA | $1.46 |
| Cottages at Rampart Park | 0x1 - 452 sqft - S1 | Studio ,1BA | $1.38 |
| Lynmar Apartments | C | 2BR,2BA | $1.70 |
| Windtree | Two Bedroom One bath | 2BR,1BA | $1.71 |
| Aspen Bluff | 2x1.5 | 2BR,1.5BA | $1.31 |
| Retreat at Austin Bluffs | The Richmond | 1BR,1BA | $1.67 |
| Cottonwood Terrace | Spring Breeze | 1BR,1BA | $1.68 |
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Read ArticleQuick 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.
Best Local Schools in Norwood, Colorado Springs, CO
School data provided by Great Schools
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 a cheap apartment in Norwood?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Norwood is under $1,305.
What is the price of a cheap apartment in Norwood?
The cheapest apartment in Norwood is Mountain Manor which is listed at $1,099, while the average apartment in Norwood costs $2,026.
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 119 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 $681 which is $1,345 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

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.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

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.