
Cheap Homes for Rent in Norwood, MO from $500 (14 Rentals)
Search the lowest-cost Homes available for rent right now in Norwood.


1263 St Louis St

232 Hynes St

526 N Washington Ave

210 N Pine St

532 W Pierce St

681 W 4th St
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.

97 Timbers Way

908 S Crutcher Ave

531-B N Oak Grove Ave

2203 Old Sycamore Loop

204 Beatie St

203 S Division St

506 Texas St
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.
Norwood, MO Local Guide

How much does it cost to rent a home in Norwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Norwood 2 Bedroom Homes for Rent | $934 | $500 | $2,000 |
| Norwood 3 Bedroom Homes for Rent | $1,836 | $1,295 | $3,200 |
| Norwood 4 Bedroom Homes for Rent | $2,460 | $1,845 | $3,300 |
| Norwood 5 Bedroom Homes for Rent | $2,500 | $2,500 | $2,500 |
Browse Top Homes for Rent in Norwood
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Norwood, MO Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Breckenridge Apartments | Breckenridge - 1 Bed 1 Bath no W/D Hookup | 1BR,1BA | $475 |
| The Heights Apartments | Small Studio | Studio,1BA | $475 |
| Wyota Commons West | Studios | Studio,1BA | $550 |
| Eastview Apartments | 1 Bedroom | 1BR,1BA | $740 |
| The Greens at Springfield | Classic | 1BR,1BA | $755 |
Best Value Apartments for Rent in Norwood, MO and Nearby
As of May 22, 2026 the best value apartment in the Norwood area is the $0.80 price per square foot 1503 Model at 2700 Burke Ave in the starting from $1,200. The second greatest value Norwood apartment is the Remodeled 2 BR Townhouse Model at Sugar Wood starting at $950 with a $0.95 price per square foot in the Southeast Springfield 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. |
|---|---|---|---|
| 2700 Burke Ave | 1503 | 2BR,1.5BA | $0.80 |
| Sugar Wood | Remodeled 2 BR Townhouse | 2BR,1.5BA | $0.95 |
| Excelsior Gardens Apartments | 2 Bed 2 Bath | 2BR,2BA | $1.10 |
| Ozark South Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $1.02 |
| Ozark Plantation | 2x2A | 2BR,2BA | $1.03 |
| Meadowview Apartments | 2 Beds, 1.5 Baths | 2BR,1.5BA | $0.97 |
| Concord Manor Apartments | Concord 2 Bedroom, 1 Bathroom | 2BR,1BA | $1.06 |
| Quail Ridge East Apartments | Quail Ridge 1 Bedroom, 1 Bathroom | 1BR,1BA | $1.11 |
| Breckenridge Apartments | Breckenridge - 2 Bed 1 Bath | 2BR,1BA | $0.93 |
| The Heights Apartments | Small Studio | Studio ,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.
Read ArticleReal 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.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Norwood, MO
Frequently Asked Questions about Norwood
What type of rentals are currently available in Norwood?
There are currently 48 Apartments for Rent in Norwood, MO with pricing that ranges from $475 to $2,732. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Norwood ranging from $500 to $3,300.
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 $500 to $3,300 with an average monthly rent of $1,797.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.