
Cheap Apartments for Rent near Norwood, MN from $600 (61 Rentals)
Search the lowest-cost Apartments available for rent right now in Norwood.


Cardinal Ridge Apartments 62+

Brentwood Court Apartments - 55+ Community

Brentwood Terrace - 55+ Community

Town's Edge Estates

Prairie Village

Carver Place

Belle Court

Cedar Creek Apartments

Carver Oaks
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.

Langdon Lake Apartments

Brickstone

Sand Creek Flats

Total Monthly Price
Barbary Knoll Apartments

Total Monthly Price
The Otto

Total Monthly Price
Hickory Grove Apartments

Total Monthly Price
Arlington Ridge Apartments

Total Monthly Price
Lake Jonathan Flats

Total Monthly Price
Fenview Flats

The Uptown Apartments
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.

Total Monthly Price
Crosstown Commons - Income Guidelines Apply

Sun Lake & Sun Lake Woods

Total Monthly Price
The Carver Apartments

Total Monthly Price
Springs at McKnight Lake

Total Monthly Price
Rowe

Highland Shores Apartments

Total Monthly Price
Hazeltine Shores

Total Monthly Price
Juniper

Total Monthly Price
Wilford - NOW OPEN!

THE PLAZA at Hazeltine Apartments
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.

Total Monthly Price
Olivine Apartments - Now Open!

Total Monthly Price
Chaska Place Apartments

Total Monthly Price
Victoria Flats

821 7th Ave NW

Total Monthly Price
AbleLight Village

Total Monthly Price
Lake Hazeltine Woods

Oak Grove Senior Residence

Autumn Glen Apartments

Henderson Apartments

803 W Main St
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
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.

Young America Apartments

Panther Heights Apartments

Vista Ridge

Water's Edge Townhomes

Interlaken Place

604 White St SW

561 S Elk St

Town Square Place

Trailside Townhomes

Zen Chaska
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
Norwood, MN Local Guide

How much does it cost to rent an apartment in Norwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Norwood Studio Apartments | $1,479 | $802 | $1,833 |
| Norwood 1 Bedroom Apartments | $1,742 | $655 | $2,563 |
| Norwood 2 Bedroom Apartments | $2,187 | $782 | $3,318 |
| Norwood 3 Bedroom Apartments | $2,545 | $1,145 | $4,010 |
Browse Top Apartments in Norwood
See all Apartments in NorwoodExplore Norwood
Norwood, MN Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Norwood Apartments for Rent and Nearby
 The cheapest available apartment rental in Norwood, MN is a 1 Bed unit found at Town's Edge Estates priced from $885. Belle Court in the Scott Far Western Suburbs neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,095. Here is today’s list of the most affordable Norwood apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Town's Edge Estates | 1 Bedroom/1 Bath | 1BR,1BA | $885 |
| Belle Court | Unit B304 | 2BR,1BA | $1,095 |
| Cedar Creek Apartments | STUDIO | Studio,1BA | $1,105 |
| Langdon Lake Apartments | 2 BR/1 BA | 2BR,1BA | $1,200 |
| Barbary Knoll Apartments | 1 bd + Den Garden Level | 1BR,1BA | $1,306 |
| Hickory Grove Apartments | 1 Bedroom/1 Bath Apartment | 1BR,1BA | $1,400 |
| Arlington Ridge Apartments | 2 Bedroom Small | 2BR,1BA | $1,410 |
| Lake Jonathan Flats | Anchor | Studio,1BA | $1,413 |
| The Uptown Apartments | Coney | 1BR,1BA | $1,427 |
| Sun Lake & Sun Lake Woods | Ash | 1BR,1BA | $1,445 |
Best Value Apartments for Rent in Norwood, MN and Nearby
As of July 10, 2026 the best value apartment in the Norwood area is the $1.00 price per square foot 2 Bedroom, Market Rate, Floorplan B Model at Clover Field Marketplace in the in the Highland Shores neighborhood starting from $1,520. The second greatest value Norwood apartment is the 3 Bedroom Model at Sand Creek Flats starting at $2,350 with a $1.77 price per square foot in the Scott Far Western Suburbs 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. |
|---|---|---|---|
| Clover Field Marketplace | 2 Bedroom, Market Rate, Floorplan B | 2BR,1BA | $1.00 |
| Sand Creek Flats | 3 Bedroom | 3BR,2BA | $1.77 |
| Chaska Place Apartments | Red Maple | 2BR,2BA | $1.81 |
| Highland Shores Apartments | Floorplan H | 1BR,1BA | $1.61 |
| Barbary Knoll Apartments | 1 bd + Den Balcony | 1BR,1BA | $1.43 |
| Langdon Lake Apartments | 1 BR/1 BA | 1BR,1BA | $1.36 |
| Arlington Ridge Apartments | 2 Bedroom Small | 2BR,1BA | $1.68 |
| Sun Lake & Sun Lake Woods | Elm | 1BR,1BA | $1.89 |
| Town's Edge Estates | 2 Bedroom/2 Bath S | 2BR,1BA | $1.18 |
| Brickstone | Hall | 1BR,1BA | $1.85 |
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.
Read ArticleReal 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.
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Norwood, MN Rentals by Map
See the most popular apartments and homes in Norwood, MN
Frequently Asked Questions about Cheap Norwood Apartments
What is the Cheapest Studio apartment in Norwood?
Currently the most affordable Cheap Studio Apartment in Norwood is at Cedar Creek Apartments listed at $1,105.
How much is rent for a Cheap One Bedroom Norwood Apartment?
The lowest price for a Cheap One Bedroom Norwood Apartment is $885 at Town's Edge Estates.
What is the lowest price for a Cheap Two Bedroom Norwood Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Norwood is starting from $985 at Town's Edge Estates.
What is the most affordable Norwood Three Bedroom Apartment?
The best deal on a cheap Norwood Three Bedroom Apartment rental is at Town's Edge Estates and starts from $1,145.
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

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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.