Cheap Apartments for Rent near Norwood, MO from $475 (50 Rentals)

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Search the lowest-cost Apartments available for rent right now in Norwood.

Rent According to Income: A Look at Income-Restricted Rentals

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Wyota Commons
Studio Apartments

Wyota Commons

1221 Millcreek RdLebanon, MO 65536
  • Utilities Included
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Wynnewood
Studio to 3 Bedroom Apartments

Wynnewood

3342 E Linwood StSpringfield, MO 65804
  • Utilities Included

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Montauk Studios
Studio Apartments

Montauk Studios

209 S Highway 63Licking, MO 65542
  • Utilities Included
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The Willows
Studio to 3 Bedroom Apartments

The Willows

413 Doxey StStrafford, MO 65757
  • Utilities Included

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.

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Norwood, MO Local Guide

Cheapest Available Norwood Apartments for Rent and Nearby

 

The cheapest available apartment rental in Norwood, MO is a 1 Bed unit found at Breckenridge Apartments priced from $475. The Heights Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $475. Here is today’s list of the most affordable Norwood apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Breckenridge ApartmentsBreckenridge - 1 Bed 1 Bath no W/D Hookup1BR, 1BA$475
The Heights ApartmentsSmall StudioStudio, 1BA$475
Wyota Commons WestStudiosStudio, 1BA$550
Eastview ApartmentsStudioStudio, 1BA$650
The Greens at SpringfieldClassic1BR, 1BA$755
The Studios1 Bed 1 Bath1BR, 1BA$780
Mountain Boulevard1 Bedroom/1 Bath1BR, 1BA$800
Ozark Mountain Crossing ApartmentsMOVE IN SPECIAL! Ozark 2 Bed/2 Bath Apartment ...2BR, 2BA$875
Quail Ridge East ApartmentsQuail Ridge 2 Bedroom, 1 Bathroom2BR, 1BA$875
Sugar Wood2 BR Townhouse2BR, 1BA$900

Best Value Apartments for Rent in Norwood, MO and Nearby

As of September 18, 2026 the best value apartment in the Norwood area is the $0.80 price per square foot 1302 Model at 2700 Burke Ave starting from $1,200. The second greatest value Norwood apartment is the Remodeled 2 BR Townhouse Model at Sugar Wood in the Southeast Springfield neighborhood starting at $950 with a $0.95 price per square foot. Here is today’s list of the best values for Norwood apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
2700 Burke Ave13022BR, 1.5BA$0.80
Sugar WoodRemodeled 2 BR Townhouse2BR, 1.5BA$0.95
Excelsior Gardens Apartments2 Bed 2 Bath2BR, 2BA$1.12
Ozark South Apartments1 Bedroom 1 Bath1BR, 1BA$1.02
Ozark Mountain Crossing ApartmentsMOVE IN SPECIAL! Ozark 2 Bed/2 Bath Apartment ...2BR, 2BA$0.94
Ozark Plantation2x2A2BR, 2BA$1.03
Quail Ridge East ApartmentsQuail Ridge 2 Bedroom, 1 Bathroom2BR, 1BA$1.00
Crosswood Apartments1x11BR, 1BA$1.19
Breckenridge ApartmentsBreckenridge - 2 Bed 1 Bath2BR, 1BA$0.93
The Heights ApartmentsSmall StudioStudio, 1BA$1.06

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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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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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Frequently Asked Questions about Cheap Norwood Apartments

What is the Cheapest Studio apartment in Norwood?

Currently the most affordable Cheap Studio Apartment in Norwood is at The Heights Apartments listed at $475.

How much is rent for a Cheap One Bedroom Norwood Apartment?

The lowest price for a Cheap One Bedroom Norwood Apartment is $475 at Breckenridge Apartments.

What is the lowest price for a Cheap Two Bedroom Norwood Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Norwood is starting from $565 at Breckenridge Apartments.

What is the most affordable Norwood Three Bedroom Apartment?

The best deal on a cheap Norwood Three Bedroom Apartment rental is at The Crossings at East Cherry and starts from $1,395.

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

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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.

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How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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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.