Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the Lamberts Point area can be challenging. Home prices in Lamberts Point are now at a median cost of $288,574, lower than the Norfolk average of $315,335.
The average cost of rent is $1,432/mo in Lamberts Point, primarily driven by the current value of real estate in the Lamberts Point area. In Lamberts Point, 73.78% of households rent, and 22.41% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lamberts Point is $2,700 per month. Households that rent pay about 53.02% of their income on rent here. Lamberts Point’s most expensive areas are in the eastern regions, while the cheapest areas are in the southern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Highland Park, Norfolk, VA: higher priced homes
- Larchmont-Edgewater, Norfolk, VA: higher priced homes
- Park Place, Norfolk, VA: equally priced homes
- Colonial Place Riverview, Norfolk, VA: higher priced homes
- Ghent, Norfolk, VA: higher priced homes
- Ghent Square, Norfolk, VA: higher priced homes
- Lindenwood, Norfolk, VA: less expensive homes
- North Meadow Brook, Norfolk, VA: higher priced homes
- Downtown Norfolk, Norfolk, VA: higher priced homes
- Fairmont Park, Norfolk, VA: less expensive homes
Neighborhoods with Similar Populations
- Friendly Hills, Dakota Ridge, CO: higher priced homes
- United Westwood, San Antonio, TX: less expensive homes
- Highlands, Boise, ID: higher priced homes
- University South, Palo Alto, CA: higher priced homes
- Urbanizacion Atlantic View, San Juan, PR: higher priced homes
- Urbanizacion San Agustin, San Juan, PR: less expensive homes
- Greenfield, Bakersfield, CA: equally priced homes
- Via Marina, Oxnard, CA: higher priced homes
- Gold Coast, Richland, WA: higher priced homes
- Gert Town, New Orleans, LA: higher priced homes
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