
Studio Apartments for Rent in Norwood, MN (21 Rentals)


Sand Creek Flats

Total Monthly Price
Springs at McKnight Lake

Victoria Flats

Total Monthly Price
Lake Jonathan Flats

Total Monthly Price
Wilford

Total Monthly Price
Olivine Apartments - Now Open!
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.

Chaska Place Apartments

Brentwood Terrace - 55+ Community

Brentwood Court Apartments - 55+ Community

Clover Field Marketplace

201 Main St E

405 Central Ave S

404 Central Ave S
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.

202 Main St E

327 Central Ave S

110 Elm St W

Oak Grove Senior Residence

Town Square Place

Wildwood Apartments

Zen Chaska
Navigating the Rental Market: Tips for First-Time Renters
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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 | $1,538 | $802 | $1,833 |
| Norwood 1 Bedroom Apartments | $1,788 | $655 | $2,548 |
| Norwood 2 Bedroom Apartments | $2,240 | $782 | $3,473 |
| Norwood 3 Bedroom Apartments | $2,650 | $1,384 | $3,548 |
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Norwood, MN Local Guide
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Largest Available Norwood and Nearby Studio Apartments
The largest available Studio apartment unit in Norwood, MN is found at Springs at McKnight Lake in the The Preserve neighborhood and is 662 square feet priced from $1,647. Lake Jonathan Flats has the second largest Studio, which is sized at 559 square feet and currently listed start at $1,468. Here is today’s list of the largest available Studio units in Norwood:
| Apartment Listing | Model Name | Square Footage | Priced From |
|---|---|---|---|
| Springs at McKnight Lake | Studio Grand Overlook | 662 Sq Ft | $1,647 |
| Lake Jonathan Flats | Anchor | 559 Sq Ft | $1,468 |
| Olivine Apartments - Now Open! | Tamarack | 534 Sq Ft | $1,658 |
Cheapest Available Norwood and Nearby Studio Apartments
As of April 07, 2026 the lowest priced Studio apartment unit in Norwood, MN is the Anchor Model starting from $1,468 at Lake Jonathan Flats in the The Preserve neighborhood. The second most affordable Norwood Studio is the Studio Grand Overlook Model at Springs at McKnight Lake starting at $1,647 . The average price for all Studio apartments in Norwood is currently $1,538. Here is today’s list of the cheapest available Studio options in Norwood:
| Apartment Listing | Model Name | Priced From |
|---|---|---|
| Lake Jonathan Flats | Anchor | $1,468 |
| Springs at McKnight Lake | Studio Grand Overlook | $1,647 |
| Olivine Apartments - Now Open! | Green | ACC | $1,658 |
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
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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 Studio Norwood Apartments
What is the Cheapest apartment in Norwood with Studio?
Currently the most affordable Studio in Norwood is at Lake Jonathan Flats listed at $1,468.
How much is the average rent for a Studio Norwood Apartment?
The average rent for a Studio Apartment in Norwood is $1,538.
What is the largest available Studio Norwood Apartment for rent?
Today's apartment with the most square footage in Norwood is a 662 square feet unit starting from $1,647 at Springs at McKnight Lake.
What is the average size for Norwood Studio Apartments for rent?
The average size for a Studio rental in Norwood is currently 589 sq ft.
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

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.

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.

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.

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.