Young America Apartments
404 Central Ave S,
Norwood Young America, MN 55397
2 Beds | $1,055
Rental Market Trends in Norwood Young America, MN
Updated September 2026
The average rent in Norwood Young America, MN is $750/month.
Rent in Norwood Young America is 55% lower than the national average rent of $1,665/month, making this one of the less expensive cities statewide.
$750/month
Average Rent
624 Sq Ft
Average Size
+1%
Change / Year
2
Available Apartments
Norwood Young America rent varies by unit size and layout:
- Studio apartments in Norwood Young America average per month.
- One-bedroom apartments in Norwood Young America average $750 per month.
- Two-bedroom apartments in Norwood Young America average $1,048 per month.
- Three-bedroom apartments in Norwood Young America average $1,022 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in Norwood Young America, MN?
In the past year, rent has increased by 1%, which averages out to $8 more per month.
Market Trends Over Time
September 2026
2025
2026
Rent Ranges in Norwood Young America, MN
September 2026
$700 - $1,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
33%
$700 - $1,000/month
33%
$1,001 - $1,500/month
33%
$1,501 - $2,000/month
0%
Above $2,000/month
What salary do I need to live comfortably in Norwood Young America, MN?
Because the average rent in Norwood Young America is $750, you’ll want to make about $2,500 per month or $30,000 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Norwood Young America, MN compare to other nearby cities and neighborhoods?
Use the tool below to compare Norwood Young America, MN to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Compare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
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Frequently Asked Questions
What is the average rent in Norwood Young America?
The average rent in Norwood Young America is $750 per month, which is 55.0% lower than the national average of $1,665.
Are rents going up or down in Norwood Young America?
Rents in Norwood Young America, MN are increasing, with prices up 1.0% year-over-year and $8 more per month.
What rent range is most common in Norwood Young America?
In Norwood Young America, MN, 33% of apartments fall between $700 - $1,000/month, though prices may vary depending on location and other factors.
Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in September 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.
* Percentages may not total 100 due to rounding.