Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Bay View area can be challenging. Home prices in Bay View are now at a median cost of $206,740, lower than the Norfolk average of $234,953.
The average cost of rent is $1,203/mo in Bay View, primarily driven by the current value of real estate in the Bay View area. While nearly 28.93% of residents own their homes outright in Bay View, 49.02% rent.
Housing affordability isn’t just about home prices, though. The average household income in Bay View is $4,957 per month. Households that rent pay about 24.27% of their income on rent here. Bay View's most expensive areas are in the eastern regions, while the cheapest areas are in the southwestern parts of the neighborhood.
Nearby Neighborhoods
- West Ocean View, Norfolk, VA: higher priced homes
- Oakdale Farms, Norfolk, VA: less expensive homes
- Roosevelt Gardens Area, Norfolk, VA: equally priced homes
- Larrymore Lawns, Norfolk, VA: higher priced homes
- Suburban Acres, Norfolk, VA: higher priced homes
- East Ocean View, Norfolk, VA: higher priced homes
- North Meadow Brook, Norfolk, VA: higher priced homes
- Fairmont Park, Norfolk, VA: equally priced homes
- Colonial Place Riverview, Norfolk, VA: higher priced homes
- Larchmont-Edgewater, Norfolk, VA: higher priced homes
Neighborhoods with Similar Populations
- Harbour Pointe, Mukilteo, WA: higher priced homes
- Northern Arizona University, Flagstaff, AZ: higher priced homes
- Adams Park, Atlanta, GA: less expensive homes
- College Point, Queens, NY: higher priced homes
- Silver Lake, Wilmington, NC: higher priced homes
- Southeastern Hills, Lexington, KY: less expensive homes
- Southwest Colorado Springs, Colorado Springs, CO: higher priced homes
- River West, Bend, OR: higher priced homes
- Schuylerville, Bronx, NY: higher priced homes
- Lauderdale Lakes West Gate, Lauderdale Lakes, FL: less expensive homes
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