
Cheap Apartments for Rent in the Norwood Neighborhood of Colorado Springs, CO from $700 (18 Rentals)
Search the lowest-cost Apartments available for rent right now in the Norwood area of Colorado Springs.


EPERNAY APARTMENTS

North 49 Apartments

Lynmar Apartments

Mountain Manor

Cottonwood Terrace
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.

2855 Montebello Dr

Residences at Falcon North

Woodland Hills Apartments

Creekside at Norwood

6930 Cotton Dr
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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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Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
Norwood, Colorado Springs, CO Local Guide

How much does it cost to rent an apartment in Norwood?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Norwood Studio Apartments | $1,299 | $1,299 | $1,299 |
Norwood 1 Bedroom Apartments | $1,521 | $850 | $4,611 |
Norwood 2 Bedroom Apartments | $1,877 | $1,197 | $4,499 |
Norwood 3 Bedroom Apartments | $2,220 | $1,295 | $5,762 |
Norwood 4 Bedroom Apartments | $2,961 | $2,850 | $3,099 |
Browse Apartments in this Neighborhood
There are currently 18 rentals with your search options within a 2 mile radius of the Norwood Neighborhood of Colorado Springs, CO.
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Norwood, Colorado Springs, CO Local Guide
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Cheapest Available Norwood Apartments for Rent
 The cheapest available apartment rental in the Norwood area of Colorado Springs, CO is a 1 Bed unit found at EPERNAY APARTMENTS priced from $1,048. North 49 Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,147. Here are the most affordable Norwood apartments for rent in Colorado Springs, CO:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
EPERNAY APARTMENTS | 1x1A | 1BR,1BA | $1,048 |
North 49 Apartments | 1BD, 1BTH | 1BR,1BA | $1,147 |
Mountain Manor | Monarch 1X1 860 | 1BR,1BA | $1,199 |
Cottonwood Terrace | Spring Breeze | 1BR,1BA | $1,229 |
Windtree | One Bedroom | 1BR,1BA | $1,255 |
Best Value Apartments for Rent in Norwood, CO
As of May 19, 2025 the best value apartment in the Norwood area is the $1.68 price per square foot 2X2-1109 Model at Peaks at Woodmen in the in the Rockrimmon neighborhood starting from $1,865. The second greatest value Norwood apartment is the D60 Model at Lynmar Apartments starting at $1,600 with a $1.52 price per square foot in the Norwood 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. |
---|---|---|---|
Peaks at Woodmen | 2X2-1109 | 2BR,2BA | $1.68 |
Lynmar Apartments | D60 | 3BR,2BA | $1.52 |
Mountain Manor | Monarch 1X1 860 | 1BR,1BA | $1.39 |
Estate at Woodmen Ridge | Cresta | 1BR,1BA | $1.76 |
Heritage at Hidden Creek | Elan | 1BR,1BA | $1.73 |
The Parc at Briargate | Juniper | 1BR,1BA | $1.79 |
Creekside at Norwood | Cottonwood | 1BR,1BA | $1.67 |
Woodland Hills Apartments | Alder | 1BR,1BA | $1.75 |
Residences at Falcon North | The Talbot | 1BR,1BA | $1.79 |
Retreat at Austin Bluffs | The Richmond | 1BR,1BA | $1.79 |
Quick 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.
Pet Friendly LifestyleNorwood, Colorado Springs, CO
Ranked #27
Among neighborhoods in Colorado Springs, CO for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Norwood, Colorado Springs, CO
School data provided by Great Schools
Lifestyle Ratings
Our team of engineers and researchers is proud to bring you Lifestyle Ratings of rentals and neighborhoods across the USA, including Colorado Springs. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including searching for the best amenities, and proximity to parks, transit availability, pet-friendly communities, family-friendly amenities, in addition to floorplans, availablity, and pricing. These search options are in the site filters at the top of this page.
Getting Around the Norwood Neighborhood in Colorado Springs, CO
Walk Score®
46 / 100
Car-Dependent
Most errands require a car
Bike Score®
48 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
5 / 100
Minimal Transit
It may be possible to get on a bus
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Norwood Apartments
What is the price of a cheap apartment in Norwood?
The cheapest apartment in Norwood is EPERNAY APARTMENTS which is listed at $1,048, while the average apartment in Norwood costs $2,935.
What types of apartments are the cheapest in Norwood?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 1 regular apartments in Norwood that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Norwood?
Cheap apartments in Norwood have an average cost of $136 which is $2,799 cheaper than the average rent for all rentals in Norwood.
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.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
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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
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If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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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.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
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