Cheap Homes for Rent in Norwood Neighborhood of Colorado Springs, CO from $600 (9 Rentals)

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

property at 6930 Cotton Dr

$675

Total Monthly Price

Total Monthly Price

Base Rent
$675

Total Monthly Price
$675

1 Bedroom, 1 Bath Condo for Rent

Available Now

6930 Cotton Dr

Colorado SpringsCO80923
property at 5030 El Camino Dr

$1,150 - $1,245

Total Monthly Price

Total Monthly Price

Base Rent
$1,150

Total Monthly Price
$1,150

1 To 2 Bedroom Rentals

Available Now

5030 El Camino Dr

Colorado SpringsCO80918
property at 5038 El Camino Dr

$1,175

Total Monthly Price

Total Monthly Price

Base Rent
$1,175

Total Monthly Price
$1,175

2 Bedroom, 1 Bath Home for Rent

Available Now

5038 El Camino Dr

Colorado SpringsCO80918

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

property at 2024 Erin Loop

$1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,250

Total Monthly Price
$1,250

1 Bedroom, 1 Bath Home for Rent

Available Now

2024 Erin Loop

Colorado SpringsCO80918
property at 7552 Camino Ct

$1,400

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,400

Total Monthly Price
$1,400

1 Bedroom, 1 Bath Townhome for Rent

Available Now

7552 Camino Ct

Colorado SpringsCO80920
property at 4742 Villa Cir

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

2 Bedroom, 1 Bath Condo for Rent

Available Now

4742 Villa Cir

Colorado SpringsCO80918

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

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.

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 $966. Mountain Manor has the second lowest priced unit, which is a 1 Bed apartment currently listed from $999. Here are the most affordable Norwood apartments for rent in Colorado Springs, CO:

Apartment ListingModel NameBed/BathPriced From
WindtreeStudioStudio,1BA$966
Mountain ManorAspen 1X1 5201BR,1BA$999
Aspen Bluff2x1.52BR,1BA$1,115

Best Value Apartments for Rent in Norwood, CO

As of April 24, 2026 the best value apartment in the Norwood area is the $1.56 price per square foot The Fairfax Model at Residences at Falcon North in the in the Norwood neighborhood starting from $1,873. The second greatest value Norwood apartment is the Tuscany Renovated Model at The Vineyards of Colorado Springs starting at $1,855 with a $1.60 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.
Residences at Falcon NorthThe Fairfax2BR,2BA$1.56
The Vineyards of Colorado SpringsTuscany Renovated2BR,2BA$1.60
Cottonwood TerraceSummer2BR,1BA$1.59
Cottages at Rampart Park0x1 - 455 sqft - S1Studio ,1BA$1.50
Vista ViewPike2BR,1BA$1.61
Aspen Bluff2x1.52BR,1.5BA$1.31
Champions1x1AR1 T21BR,1BA$1.84
The Parc at BriargateJuniper1BR,1BA$1.70
North 49 Apartments2BD, 1BTH2BR,1BA$1.55
Retreat at Austin BluffsThe Richmond1BR,1BA$1.67

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

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

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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.

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Frequently Asked Questions about Norwood

What type of rentals are currently available in Norwood?

There are currently 106 Apartments for Rent in Norwood, CO with pricing that ranges from $865 to $6,229. There are also 67 Single Family Homes for rent, Condos, and Townhome rentals currently available in Norwood ranging from $675 to $3,525.

What is the current price range for Rental Homes in Norwood?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Norwood ranges from $675 to $3,525 with an average monthly rent of $2,267.

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

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

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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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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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.