Affordable
Expensive
Expensive
Colorblind friendly
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These days, finding an affordable place to live in the Ghent Square area can be challenging. Home prices in Ghent Square are now at a median cost of $504,807, higher than the Norfolk average of $315,335.
The average cost of rent is $1,724/mo in Ghent Square, primarily driven by the current value of real estate in the Ghent Square area. In Ghent Square, 67.50% of households rent, and 23.29% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Ghent Square is $7,759 per month. Households that rent pay about 22.22% of their income on rent here. Ghent Square’s most expensive areas are in the southwestern regions, while the cheapest areas are in the western parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Ghent, Norfolk, VA: equally priced homes
- Downtown Norfolk, Norfolk, VA: less expensive homes
- Park Place, Norfolk, VA: less expensive homes
- Lindenwood, Norfolk, VA: less expensive homes
- Central Brambleton, Norfolk, VA: less expensive homes
- Colonial Place Riverview, Norfolk, VA: less expensive homes
- Highland Park, Norfolk, VA: less expensive homes
- Lamberts Point, Norfolk, VA: less expensive homes
- Fairmont Park, Norfolk, VA: less expensive homes
- Ballentine Place, Norfolk, VA: less expensive homes
Neighborhoods with Similar Populations
- Berkeley Hills, Emporia, KS: less expensive homes
- Wachter's, Bismarck, ND: less expensive homes
- Riverside-Everett, Everett, WA: equally priced homes
- Circleville Historic District, Circleville, OH: less expensive homes
- Tampa International Airport Area, Tampa, FL: higher priced homes
- North Park Riverside, San Bernardino, CA: equally priced homes
- Perrysburg Historic District, Perrysburg, OH: less expensive homes
- Sky Ranch, Santee, CA: higher priced homes
- Jungle Terrace, St. Petersburg, FL: less expensive homes
- Junction West, Roseville, CA: higher priced homes
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