506 W Brooks St
ArlingtonMN55307
Cheap Homes for Rent in Norwood, MN from $1,200 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Norwood.
4407 Wilshire Blvd
MoundMN55364
4474 Denbigh Rd
MoundMN55364
128 2nd Ave W
ShakopeeMN55379
16 Thomas Ln
ChaskaMN55318
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.
608 Roundhouse St
ShakopeeMN55379
7792 Village Pl
ChanhassenMN55317
1033 Bluff Ave E
ShakopeeMN55379
106 SE 2nd Ave
Norwood Young AmericaMN55397
6589 W 280th St
New PragueMN56071
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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Norwood, MN Local Guide
Sunrise with the sunflowers by Lorie Shaull is licensed under CC BY 2.0
How much does it cost to rent a home in Norwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Norwood 2 Bedroom Homes for Rent | $2,185 | $1,729 | $3,000 |
| Norwood 3 Bedroom Homes for Rent | $2,972 | $1,495 | $8,000 |
| Norwood 4 Bedroom Homes for Rent | $4,048 | $1,250 | $8,700 |
| Norwood 5 Bedroom Homes for Rent | $4,247 | $3,495 | $5,000 |
| Norwood 6 Bedroom Homes for Rent | $4,483 | $2,200 | $7,500 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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Norwood, MN Local Guide
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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. Langdon Lake Apartments in the Outlying Hennepin Far Western Suburbs neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,200. Here is today’s list of the most affordable Norwood apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Cardinal Ridge Apartments 62+ | 1 Bedroom | 1BR,1BA | $750 |
| Langdon Lake Apartments | 2 BR/1 BA | 2BR,1BA | $1,200 |
| Cedar Creek Apartments | 1BR-U | 1BR,1BA | $1,215 |
Best Value Apartments for Rent in Norwood, MN and Nearby
As of February 16, 2026 the best value apartment in the Norwood area is the $1.13 price per square foot 3 Bedroom 2 Bath Model at Jordan Valley Townhomes in the in the Scott Far Western Suburbs neighborhood starting from $1,800. The second greatest value Norwood apartment is the 2 Bedroom, Market Rate, Floorplan B Model at Clover Field Marketplace starting at $1,520 with a $1.00 price per square foot in the Highland Shores 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. |
|---|---|---|---|
| Jordan Valley Townhomes | 3 Bedroom 2 Bath | 3BR,2BA | $1.13 |
| Clover Field Marketplace | 2 Bedroom, Market Rate, Floorplan B | 2BR,1BA | $1.00 |
| 821 7th Ave NW | 2 Bed | 2BR,2BA | $1.40 |
| Highland Shores Apartments | Floorplan A | 2BR,2BA | $1.55 |
| Sun Lake & Sun Lake Woods | Maple | 2BR,2BA | $1.49 |
| Brecken Place 2nd Addition | Three Bedroom | 3BR,2BA | $1.22 |
| Pineview Townhomes | Two Bedroom | 2BR,1.5BA | $1.33 |
| Arlington Ridge Apartments | 2 Bedroom | 2BR,1BA | $1.44 |
| Langdon Lake Apartments | 1 BR/1 BA | 1BR,1BA | $1.36 |
| Cardinal Ridge Apartments 62+ | 1 Bedroom | 1BR,1BA | $1.17 |
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.
Read ArticleCash 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.
Read ArticleQuick Rent Budget Calculator
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See the most popular apartments and homes in Norwood, MN
Frequently Asked Questions about Norwood
What type of rentals are currently available in Norwood?
There are currently 67 Apartments for Rent in Norwood, MN with pricing that ranges from $655 to $3,519. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Norwood ranging from $1,250 to $8,700.
What is the current price range for Rental Homes in Norwood?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Norwood ranges from $1,250 to $8,700 with an average monthly rent of $3,205.
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.