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2 Bedroom Apartments Available Now202 Lincoln St
202 Lincoln StNorwood Young America, MN 55397
Cheap Homes for Rent in Norwood, MN from $1,300 (13 Rentals)
Search the lowest-cost Homes available for rent right now in Norwood.
106 Juniper St S
Lester PrairieMN55354
3525 Big Woods Blvd
ChaskaMN55318
5298 Edsall Rd
MoundMN55364
8705 Glasgow Ln
Saint BonifaciusMN55375
438 Lake Trail
WinstedMN55395
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.
16 Thomas Ln
ChaskaMN55318
416 S Olive St
WaconiaMN55387
840 Park Ave
HamburgMN55339
92 Thomas Ln
ChaskaMN55318
217 9th St
JordanMN55352
106 SE 2nd Ave
Norwood Young AmericaMN55397
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.
334 W 5th St
WaconiaMN55387
Showing Results 1-13, Page 1 of 1
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 | $1,978 | $1,650 | $2,495 |
| Norwood 3 Bedroom Homes for Rent | $3,113 | $1,300 | $8,000 |
| Norwood 4 Bedroom Homes for Rent | $4,801 | $1,799 | $10,000+ |
| Norwood 5 Bedroom Homes for Rent | $6,006 | $3,719 | $8,500 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Homes for Rent in Norwood
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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. Prairie Village in the Waterford Heartland Row neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,015. 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 |
| Prairie Village | Timber Lea Terrace 2 Bedroom | 2BR,1BA | $1,015 |
| Langdon Lake Apartments | 2 BR/1 BA | 2BR,1BA | $1,200 |
| Cedar Creek Apartments | 1BR-U | 1BR,1BA | $1,215 |
| Town Square Place | Studio | Studio,1BA | $1,250 |
Best Value Apartments for Rent in Norwood, MN and Nearby
As of November 14, 2025 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 Three Bedroom Model at East Creek Carriage Homes starting at $1,730 with a $1.29 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. |
|---|---|---|---|
| Clover Field Marketplace | 2 Bedroom, Market Rate, Floorplan B | 2BR,1BA | $1.00 |
| East Creek Carriage Homes | Three Bedroom | 3BR,1.5BA | $1.29 |
| 821 7th Ave NW | 2 Bed | 2BR,2BA | $1.40 |
| Brecken Place 2nd Addition | Three Bedroom | 3BR,2BA | $1.38 |
| Lake Hazeltine Woods | 1A | 1BR,1BA | $1.67 |
| Langdon Lake Apartments | 2 BR/1 BA | 2BR,1BA | $1.25 |
| Arlington Ridge Apartments | 2 Bedroom | 2BR,1BA | $1.44 |
| Prairie Village | Timber Lea Terrace 2 Bedroom | 2BR,1BA | $1.19 |
| Cedar Creek Apartments | 1BR-U | 1BR,1BA | $1.66 |
| Cardinal Ridge Apartments 62+ | 1 Bedroom | 1BR,1BA | $1.17 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
Read Article
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.
Read ArticleThe 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 ArticleQuick Rent Budget Calculator
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Frequently Asked Questions about Norwood
What type of rentals are currently available in Norwood?
There are currently 68 Apartments for Rent in Norwood, MN with pricing that ranges from $655 to $3,519. There are also 45 Single Family Homes for rent, Condos, and Townhome rentals currently available in Norwood ranging from $1,300 to $15,000.
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 $1,300 to $15,000 with an average monthly rent of $3,479.
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.
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.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
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.
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.