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

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Town Square Place
$1,250 - $1,450
Total Monthly Price

Total Monthly Price

Base Rent
$1,100 - $1,400
Required Monthly Fees
$150

Total Monthly Price
$1,250 - $1,550
Studio Apartments Available Now

Town Square Place

1 River Bend PlChaska, MN 55318
Corporate Housing
  • Verified
  • Utilities Included
  • Matterport 3D Tour

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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Lake Jonathan Flats
$1,465
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,465 - $1,730
Required Monthly Fees
$8

Total Monthly Price
$1,473 - $1,738
Studio Apartments Available Now

Lake Jonathan Flats

3000 N Chestnut StChaska, MN 55318
Outdoors
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  • Customer Reviewed
  • Matterport 3D Tour
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327 Central Ave S
Studio Apartments

327 Central Ave S

327 Central Ave SNorwood Young America, MN 55397

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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201 Main St E
Studio Apartments

201 Main St E

201 Main St ENorwood Young America, MN 55397
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202 Main St E
Studio Apartments

202 Main St E

202 Main St ENorwood Young America, MN 55397
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405 Central Ave S
Studio Apartments

405 Central Ave S

405 Central Ave SNorwood Young America, MN 55397
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110 Elm St W
Studio Apartments

110 Elm St W

110 Elm St WNorwood Young America, MN 55368
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404 Central Ave S
Studio Apartments

404 Central Ave S

404 Central Ave SNorwood Young America, MN 55397
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Oak Grove Senior Residence
Studio Apartments

Oak Grove Senior Residence

114 N Reform StNorwood Young America, MN 55368
Senior Living
  • Utilities Included
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Wildwood Apartments
Studio Apartments

Wildwood Apartments

4072 Tower StSaint Bonifacius, MN 55375
  • Utilities Included

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.

Norwood, MN Local Guide

Largest Available Norwood and Nearby Studio Apartments

Apartment ListingModel NameSquare FootagePriced From
Springs at McKnight LakeStudio Grand Overlook662 Sq Ft$1,405
Lake Jonathan FlatsAnchor559 Sq Ft$1,473

Cheapest Available Norwood and Nearby Studio Apartments

As of November 15, 2025 the lowest priced Studio apartment unit in Norwood, MN is the Studio Model starting from $1,250 at Town Square Place in the Highland Shores neighborhood. The second most affordable Norwood Studio is the Studio Grand Overlook Model at Springs at McKnight Lake starting at $1,405 in the The Preserve neighborhood. The average price for all Studio apartments in Norwood is currently $1,433. Here is today’s list of the cheapest available Studio options in Norwood:

Apartment ListingModel NamePriced From
Town Square PlaceStudio$1,250
Springs at McKnight LakeStudio Grand Overlook$1,405
Lake Jonathan FlatsAnchor$1,473

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 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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Getting Around Norwood, MN

Walk Score®

33 / 100

Car-Dependent

Most errands require a car

Bike Score®

38 / 100

Somewhat Bikeable

Minimal bike infrastructure

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 Town Square Place listed at $1,250.

How much is the average rent for a Studio Norwood Apartment?

The average rent for a Studio Apartment in Norwood is $1,433.

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 $1,405 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 591 sq ft.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.