Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the Larchmont-Edgewater area can be challenging. Home prices in Larchmont-Edgewater are now at a median cost of $480,073, higher than the Norfolk average of $315,335.
The average cost of rent is $2,109/mo in Larchmont-Edgewater, primarily driven by the current value of real estate in the Larchmont-Edgewater area. In Larchmont-Edgewater, 24.69% of households rent, and 29.39% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Larchmont-Edgewater is $12,224 per month. Households that rent pay about 17.25% of their income on rent here. Larchmont-Edgewater’s most expensive areas are in the northern regions, while the cheapest areas are in the southwestern 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: less expensive homes
- Lamberts Point, Norfolk, VA: less expensive homes
- Colonial Place Riverview, Norfolk, VA: less expensive homes
- Park Place, Norfolk, VA: less expensive homes
- North Meadow Brook, Norfolk, VA: less expensive homes
- Ghent, Norfolk, VA: equally priced homes
- Suburban Acres, Norfolk, VA: less expensive homes
- Lindenwood, Norfolk, VA: less expensive homes
- Ghent Square, Norfolk, VA: equally priced homes
- Fairmont Park, Norfolk, VA: less expensive homes
Neighborhoods with Similar Populations
- Interlake, Bellevue, WA: higher priced homes
- Seven Oaks, Wesley Chapel, FL: higher priced homes
- Mount Auburn, Cincinnati, OH: less expensive homes
- Mayflower, Wilkes-Barre, PA: less expensive homes
- Madison Park, Santa Ana, CA: higher priced homes
- Las Positas, Santa Barbara, CA: higher priced homes
- La Sierra Hills, Riverside, CA: higher priced homes
- La Mer, Parlin, NJ: higher priced homes
- Kaisertown, Buffalo, NY: less expensive homes
- South Delridge, Seattle, WA: higher priced homes
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