Home Price Key
Affordable
Average
Expensive
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 $298,892, higher than the Norfolk average of $234,953.
The average cost of rent is $1,052/mo in Lamberts Point, primarily driven by the current value of real estate in the Lamberts Point area. While nearly 16.93% of residents own their homes outright in Lamberts Point, 76.11% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lamberts Point is $1,612 per month. Households that rent pay about 65.29% of their income on rent here. Lamberts Point's most expensive areas are in the western regions, while the cheapest areas are in the northeastern parts of the neighborhood.
Nearby Neighborhoods
- Highland Park, Norfolk, VA: less expensive homes
- Larchmont-Edgewater, Norfolk, VA: higher priced homes
- Park Place, Norfolk, VA: less expensive homes
- Colonial Place Riverview, Norfolk, VA: less expensive 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: less expensive homes
- Via Marina, Oxnard, CA: higher priced homes
- Gold Coast, Richland, WA: less expensive homes
- Gert Town, New Orleans, LA: less expensive homes
All Local Stats
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