Cheap Apartments for Rent in Norwood, MN from $600 (60 Rentals)

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

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.

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Barbary Knoll Apartments
$1,386 - $1,431
Total Monthly Price

Total Monthly Price

Base Rent
$1,350 - $1,395
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Apr 15

Barbary Knoll Apartments

1596 Millpond CtChaska, MN 55318
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The Otto
Rent Specials
$1,399 - $2,396
Total Monthly Price

Total Monthly Price

Base Rent
$1,391 - $2,388
Required Monthly Fees
$8

Total Monthly Price
$1,399 - $2,396
1 to 3 Bedroom Apartments Available Now

The Otto

601 Industrial Blvd WWaconia, MN 55387
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Wilford
$1,413 - $3,473
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,340 - $3,400
Required Monthly Fees
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Total Monthly Price
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Studio to 3 Bedroom Apartments Available Now

Wilford

140 S Elm StWaconia, MN 55387
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Lake Jonathan Flats
$1,428 - $2,628
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,420 - $2,620
Required Monthly Fees
$8

Total Monthly Price
$1,428 - $2,628
Studio to 2 Bedroom Apartments Available Now

Lake Jonathan Flats

3000 N Chestnut StChaska, MN 55318
Family Friendly
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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.

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Fenview Flats
Rent Specials
$1,480 - $2,715
Total Monthly Price

Total Monthly Price

Base Rent
$1,420 - $2,655
Required Monthly Fees
$60

Total Monthly Price
$1,480 - $2,715
1 to 3 Bedroom Apartments Available Now

Fenview Flats

1600 Clover Ridge DrChaska, MN 55318
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Hazeltine Shores
$1,515 - $2,530
Total Monthly Price

Total Monthly Price

Base Rent
$1,515 - $2,530

Total Monthly Price
$1,515 - $2,530
1 to 3 Bedroom Apartments Available Apr 30

Hazeltine Shores

3456 Lake Shore DrChaska, MN 55318
Family Friendly
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The Uptown Apartments
Rent Specials
$1,534 - $2,260
Total Monthly Price

Total Monthly Price

Base Rent
$1,474 - $2,200
Required Monthly Fees
$60

Total Monthly Price
$1,534 - $2,260
1 to 2 Bedroom Apartments Available Now

The Uptown Apartments

233 S Olive StWaconia, MN 55387
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Rowe
Rent Specials
$1,564 - $3,669
Total Monthly Price

Total Monthly Price

Base Rent
$1,495 - $3,600
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Rowe

7980 Rose StVictoria, MN 55386
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The Carver Apartments
Rent Specials
$1,582 - $4,323
Total Monthly Price

Total Monthly Price

Base Rent
$1,502 - $4,243
Required Monthly Fees
$80

Total Monthly Price
$1,582 - $4,323
1 to 2 Bedroom Apartments Available Now

The Carver Apartments

3200 Clover Ridge drChaska, MN 55318
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Springs at McKnight Lake
Rent Specials
$1,647 - $3,250
Total Monthly Price

Total Monthly Price

Base Rent
$1,498 - $3,101
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Springs at McKnight Lake

3 Oakridge DrChaska, MN 55318
Corporate Housing
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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Juniper
Rent Specials
$1,710 - $3,289
Total Monthly Price

Total Monthly Price

Base Rent
$1,695 - $3,274
Required Monthly Fees
$15

Total Monthly Price
$1,710 - $3,289
1 to 3 Bedroom Apartments Available Now

Juniper

4701 Kings Point RoadMinnetrista, MN 55331
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Chaska Place Apartments
$1,787 - $2,142
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,720 - $2,075
Required Monthly Fees
$67

Total Monthly Price
$1,787 - $2,142
Studio to 3 Bedroom Apartments Available Apr 8

Chaska Place Apartments

325 Engler BlvdChaska, MN 55318
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AbleLight Village
$1,855 - $2,355
Total Monthly Price

Total Monthly Price

Base Rent
$1,805 - $2,305
Required Monthly Fees
$50

Total Monthly Price
$1,855 - $2,355
1 to 2 Bedroom Apartments Available Now

AbleLight Village

1519 82nd StVictoria, MN 55386
Senior Living
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Oak Grove Senior Residence
Studio to 2 Bedroom Apartments

Oak Grove Senior Residence

114 N Reform StNorwood Young America, MN 55368
Senior Living
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Autumn Glen Apartments
1 to 2 Bedroom Apartments

Autumn Glen Apartments

822 W Main St WArlington, MN 55307
Senior Living
  • Utilities Included
property at 202 Lincoln St

$875

Total Monthly Price

Total Monthly Price

Base Rent
$875

Total Monthly Price
$875

2 Bedroom, 1 Bath Condo for Rent

Available Now

202 Lincoln St

Norwood Young AmericaMN55397

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Henderson Apartments
1 to 3 Bedroom Apartments

Henderson Apartments

235 N 8th StHenderson, MN 56044
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803 W Main St
1 to 3 Bedroom Apartments

803 W Main St

803 W Main StArlington, MN 55307
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Vista Ridge
1 to 3 Bedroom Apartments

Vista Ridge

861 Vista BlvdWaconia, MN 55387
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Water's Edge Townhomes
1 to 3 Bedroom Apartments

Water's Edge Townhomes

218 Waters Edge DrChaska, MN 55318
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Interlaken Place
2 to 3 Bedroom Apartments

Interlaken Place

925 Airport RdWaconia, MN 55387
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Town Square Place
Studio to 2 Bedroom Apartments

Town Square Place

1 River Bend PlChaska, MN 55318
Corporate Housing
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Zen Chaska
Studio to 2 Bedroom Apartments

Zen Chaska

110 E 1st StChaska, MN 55318
Senior Living
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Trailside Townhomes
2 Bedroom Apartments

Trailside Townhomes

112 Poplar Ridge DrNorwood Young America, MN 55397

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Norwood, MN Local Guide

Cheapest Available Norwood Apartments for Rent and Nearby

 

The cheapest available apartment rental in Norwood, MN is a 1 Bed unit found at Cardinal Ridge Apartments 62+ in the Scott Far Western Suburbs neighborhood priced from $750. Young America Apartments in the Scott Far Western Suburbs neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $995. Here is today’s list of the most affordable Norwood apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Cardinal Ridge Apartments 62+1 Bedroom1BR,1BA$750
Young America Apartments2 bedrooms2BR,1BA$995
Carver Oaks1 bedroom1BR,1BA$1,113
Panther Heights Apartments1 Bedroom 1 Bath1BR,1BA$1,150
Langdon Lake Apartments2 BR/1 BA2BR,1BA$1,200
Belle Court Apartments1 Bedroom1BR,1BA$1,225
Zen ChaskaThe Fern1BR,1BA$1,335
Arlington Ridge Apartments2 Bedroom2BR,1BA$1,350
Hickory Grove1 Bedroom/1 Bath Apartment1BR,1BA$1,400
Lake Jonathan FlatsAnchorStudio,1BA$1,468

Best Value Apartments for Rent in Norwood, MN and Nearby

As of April 07, 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 2 Bed Model at 821 7th Ave NW starting at $1,750 with a $1.40 price per square foot . 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.
Clover Field Marketplace2 Bedroom, Market Rate, Floorplan B2BR,1BA$1.00
821 7th Ave NW2 Bed2BR,2BA$1.40
Highland Shores ApartmentsFloorplan A2BR,2BA$1.55
Sun Lake & Sun Lake WoodsMaple2BR,2BA$1.49
Arlington Ridge Apartments2 Bedroom2BR,1BA$1.44
Langdon Lake Apartments1 BR/1 BA1BR,1BA$1.36
Zen ChaskaThe Fern1BR,1BA$1.68
Panther Heights Apartments1 Bedroom 1 Bath1BR,1BA$1.47
Young America Apartments2 bedrooms2BR,1BA$1.33
Cardinal Ridge Apartments 62+1 Bedroom1BR,1BA$1.17

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

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.

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

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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 Lake Jonathan Flats listed at $1,468.

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

The lowest price for a Cheap One Bedroom Norwood Apartment is $750 at Cardinal Ridge Apartments 62+.

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 $995 at Young America Apartments.

What is the most affordable Norwood Three Bedroom Apartment?

The best deal on a cheap Norwood Three Bedroom Apartment rental is at The Otto and starts from $2,243.

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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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.

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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.

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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.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.