412 N Cedar St
ChaskaMN55318
Cheap Homes for Rent in Norwood, MN from $900 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Norwood.
1220 3rd Ave W
ShakopeeMN55379
4470 Denbigh Rd
MoundMN55364
914 Sommerville St S
ShakopeeMN55379
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.
1690 Liberty Cir
ShakopeeMN55379
4973 3 Points Blvd
MoundMN55364
1236 Heather Ln
WaconiaMN55387
216 East St.
Norwood Young AmericaMN55368
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.
438 Lake Trail
WinstedMN55395
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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 | $2,047 | $1,795 | $2,295 |
| Norwood 3 Bedroom Homes for Rent | $2,743 | $1,495 | $7,500 |
| Norwood 4 Bedroom Homes for Rent | $3,264 | $2,350 | $4,995 |
| Norwood 5 Bedroom Homes for Rent | $5,661 | $4,495 | $8,500 |
Browse Top Homes for Rent in Norwood
Explore Norwood
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. 803 W Main St has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,050. 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+ | 0BR/1.0BA | 1BR,1BA | $750 |
| 803 W Main St | Two Bedroom | 2BR,2BA | $1,050 |
| Town Square Place | Studio | Studio,1BA | $1,100 |
Best Value Apartments for Rent in Norwood, MN and Nearby
As of May 29, 2025 the best value apartment in the Norwood area is the $1.81 price per square foot D4 - Leland B Model at Marsh Hollow in the in the Scott Far Western Suburbs neighborhood starting from $3,647. The second greatest value Norwood apartment is the 3 Bedroom, Income Restrictions, Floorplan B Model at Clover Field Marketplace starting at $1,658 with a $1.11 price per square foot in the Scott Far Western Suburbs 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. |
|---|---|---|---|
| Marsh Hollow | D4 - Leland B | 3BR,3BA | $1.81 |
| Clover Field Marketplace | 3 Bedroom, Income Restrictions, Floorplan B | 3BR,2BA | $1.11 |
| East Creek Carriage Homes | Three Bedroom | 3BR,1.5BA | $1.29 |
| Lake Hazeltine Woods | 1A | 1BR,1BA | $1.67 |
| Zen Chaska | The Emerald | 2BR,2BA | $1.61 |
| Langdon Lake Apartments | 2 BR/1 BA | 2BR,1BA | $1.25 |
| 803 W Main St | Two Bedroom | 2BR,2BA | $1.10 |
| Arlington Ridge Apartments | 2 Bedroom | 2BR,1BA | $1.44 |
| Highland Shores Apartments | Floorplan G | 1BR,1BA | $1.75 |
| Cardinal Ridge Apartments 62+ | 0BR/1.0BA | 1BR,1BA | $1.17 |
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Frequently Asked Questions about Norwood
What type of rentals are currently available in Norwood?
There are currently 60 Apartments for Rent in Norwood, MN with pricing that ranges from $719 to $3,852. There are also 42 Single Family Homes for rent, Condos, and Townhome rentals currently available in Norwood ranging from $950 to $8,500.
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 $950 to $8,500 with an average monthly rent of $2,933.
How much are larger Three and Four Bedroom Rentals in Norwood?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Norwood range from $1,200 to $3,852, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,495 to $7,500. Four Bedroom Single-Family rentals are also available starting from $2,350 and Four Bedroom Apartments start at $2,495.
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.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.