
Cheap Homes for Rent in Norwood Neighborhood of Colorado Springs, CO from $600 (9 Rentals)
Search the lowest-cost Homes available for rent right now in the Norwood area of Colorado Springs.


6930 Cotton Dr

5030 El Camino Dr

5038 El Camino Dr
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.

5034 El Camino Dr, Unit 29, Unit 29

2024 Erin Loop

7552 Camino Ct

4742 Villa Cir
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.

2631 Thrush Grove
Norwood, Colorado Springs, CO Local Guide

How much does it cost to rent a home in Norwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Norwood 2 Bedroom Homes for Rent | $1,823 | $1,175 | $2,100 |
| Norwood 3 Bedroom Homes for Rent | $2,331 | $1,795 | $3,300 |
| Norwood 4 Bedroom Homes for Rent | $2,539 | $2,200 | $3,250 |
| Norwood 5 Bedroom Homes for Rent | $2,797 | $2,500 | $3,525 |
| Norwood 6 Bedroom Homes for Rent | $3,000 | $3,000 | $3,000 |
Browse Homes for Rent 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 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Windtree | Studio | Studio,1BA | $966 |
| Mountain Manor | Aspen 1X1 520 | 1BR,1BA | $999 |
| Aspen Bluff | 2x1.5 | 2BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Residences at Falcon North | The Fairfax | 2BR,2BA | $1.56 |
| The Vineyards of Colorado Springs | Tuscany Renovated | 2BR,2BA | $1.60 |
| Cottonwood Terrace | Summer | 2BR,1BA | $1.59 |
| Cottages at Rampart Park | 0x1 - 455 sqft - S1 | Studio ,1BA | $1.50 |
| Vista View | Pike | 2BR,1BA | $1.61 |
| Aspen Bluff | 2x1.5 | 2BR,1.5BA | $1.31 |
| Champions | 1x1AR1 T2 | 1BR,1BA | $1.84 |
| The Parc at Briargate | Juniper | 1BR,1BA | $1.70 |
| North 49 Apartments | 2BD, 1BTH | 2BR,1BA | $1.55 |
| Retreat at Austin Bluffs | The Richmond | 1BR,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.
Read ArticleDon'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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
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
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

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.

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.

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.

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.