Cheap Apartments for Rent in Norway, IL from $400 (29 Rentals)

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Search the lowest-cost Apartments available for rent right now in Norway.

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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.

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Deville Manor
1 to 2 Bedroom Apartments

Deville Manor

110 5th StOswego, IL 60543
Senior Living

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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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Village West Apartments
1 to 2 Bedroom Apartments

Village West Apartments

1971 Lilac LnAurora, IL 60506
Corporate Housing
  • Utilities Included
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Keystone Lofts
1 Bedroom Apartments

Keystone Lofts

30 S Stolp AveAurora, IL 60506
property at 318 Liberty St

$1,500 - $1,600

1 To 2 Bedroom Rentals

Available Now

318 Liberty St

MorrisIL60450

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When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

Norway, IL Local Guide

Cheapest Available Norway Apartments for Rent and Nearby

 

The cheapest available apartment rental in Norway, IL is a 2 Beds unit found at Deville Manor in the Prescott Mill Crossings neighborhood priced from $678. 103 W Railroad St has the second lowest priced unit, which is a 1 Bed apartment currently listed from $850. Here is today’s list of the most affordable Norway apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Deville Manor2 Bedroom A2BR,1BA$678
103 W Railroad StStudio1BR,1BA$850
Wedgewood Manor Active Senior LivingB1BR,1BA$1,070
Leland Tower ApartmentsBenton1BR,1BA$1,200
Tudor Park ApartmentsTwo Bedroom One Bathroom2BR,1BA$1,209
Lakeview ResidencesLakeview Residences Studio ApartmentStudio,1BA$1,325
ReNew AuroraAshford1BR,1BA$1,385
Arbor West Apartments1BR/1BA small1BR,1BA$1,440
The Reserve at Hudson CrossingHarrisonStudio,1BA$1,450
The Onyx on VictoriaPremier 1 Bedroom 1 Bathroom Apartment1BR,1BA$1,475

Best Value Apartments for Rent in Norway, IL and Nearby

As of June 08, 2026 the best value apartment in the Norway area is the $1.85 price per square foot Capewood Model at Redwood Oswego in the in the Blackberry Crossing West neighborhood starting from $2,999. The second greatest value Norway apartment is the Accera Model at Bristol Bay of Yorkville starting at $2,595 with a $1.74 price per square foot in the Blackberry Crossing West neighborhood. Here is today’s list of the best values for Norway apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Redwood OswegoCapewood2BR,2BA$1.85
Bristol Bay of YorkvilleAccera2BR,2.5BA$1.74
Reserve at Fox River3BR3BR,2BA$1.78
Avanterra Wolfs Crossing1BR Vista Triplex1BR,1.5BA$2.08
Downer Place Lofts1 Bed/1 Bath1BR,1BA$2.02
Springs At Oswego1 BR Designer Overlook1BR,1BA$2.13
The Reserve at SummerfieldThe Adler1BR,1BA$1.97
Tudor Park ApartmentsThree Bedroom One Bathroom3BR,1BA$1.64
Deville Manor1 Bedroom1BR,1BA$1.75
Wedgewood Manor Active Senior LivingB1BR,1BA$1.78

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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap Norway Apartments

What is the Cheapest Studio apartment in Norway?

Currently the most affordable Cheap Studio Apartment in Norway is at Lakeview Residences listed at $1,325.

How much is rent for a Cheap One Bedroom Norway Apartment?

The lowest price for a Cheap One Bedroom Norway Apartment is $850 at 103 W Railroad St.

What is the lowest price for a Cheap Two Bedroom Norway Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Norway is starting from $678 at Deville Manor.

What is the most affordable Norway Three Bedroom Apartment?

The best deal on a cheap Norway Three Bedroom Apartment rental is at Tudor Park Apartments and starts from $1,309.

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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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.