561 S Elk St
Belle PlaineMN56011
Cheap Homes for Rent near Norwood, MN from $1,025 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Norwood.
604 White St SW
WatertownMN55388
2991 Village Ln
ChanhassenMN55317
1269 Taylor St
ShakopeeMN55379
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
7689 Nicholas Way
ChanhassenMN55317
316 Shawnee Trail
ShakopeeMN55379
314 61st St
WaverlyMN55390
1602 Geske Rd
ChaskaMN55318
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.
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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 | $1,927 | $1,200 | $2,395 |
| Norwood 3 Bedroom Homes for Rent | $3,361 | $1,999 | $7,500 |
| Norwood 4 Bedroom Homes for Rent | $3,607 | $2,495 | $8,950 |
| Norwood 5 Bedroom Homes for Rent | $5,191 | $3,600 | $7,500 |
| Norwood 6 Bedroom Homes for Rent | $3,795 | $3,795 | $3,795 |
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 Autumn Glen Apartments priced from $800. Town's Edge Estates has the second lowest priced unit, which is a 1 Bed apartment currently listed from $885. Here is today’s list of the most affordable Norwood apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Autumn Glen Apartments | One Bedroom | 1BR,1BA | $800 |
| Town's Edge Estates | 1 Bedroom/1 Bath | 1BR,1BA | $885 |
| Young America Apartments | 1 bedroom/1 bathroom | 1BR,1BA | $995 |
Best Value Apartments for Rent in Norwood, MN and Nearby
As of August 24, 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 Henderson Apartments starting at $1,300 with a $1.06 price per square foot . 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 |
| Henderson Apartments | 3 Bedroom | 3BR,2BA | $1.06 |
| Carver Oaks | 2 bedrooms | 2BR,2BA | $1.11 |
| Barbary Knoll Apartments | 1 bd + Den Balcony | 1BR,1BA | $1.50 |
| Arlington Ridge Apartments | 2 Bedroom | 2BR,1BA | $1.52 |
| Langdon Lake Apartments | 1 BR/1 BA | 1BR,1BA | $1.36 |
| Town's Edge Estates | 2 Bedroom/2 Bath S | 2BR,1BA | $1.18 |
| Young America Apartments | 2 bedrooms | 2BR,1BA | $1.41 |
| Belle Court | Unit A111 | 1BR,1BA | $1.58 |
| Autumn Glen Apartments | One Bedroom | 1BR,1BA | $1.25 |
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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Real 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.
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Frequently Asked Questions about Norwood
What type of rentals are currently available in Norwood?
There are currently 70 Apartments for Rent in Norwood, MN with pricing that ranges from $655 to $3,890. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Norwood ranging from $1,025 to $8,950.
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 $1,025 to $8,950 with an average monthly rent of $3,235.
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
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.
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.