Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Norfolk area can be challenging. Home prices in Norfolk are now at a median cost of $386,584, lower than the Colorado average of $430,259.
The average cost of rent is $1,327/mo in Norfolk, primarily driven by the current value of real estate in the Norfolk area. While nearly 31.67% of residents own their homes outright in Norfolk, 25.47% rent.
Housing affordability isn’t just about home prices, though. The average household income in Norfolk is $6,716 per month. Households that rent pay about 19.76% of their income on rent here. Norfolk's most expensive areas are in the southern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Carr, CO: equally priced homes
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- Pierce, CO: higher priced homes
- Granite Canon, WY: less expensive homes
- Fort Collins, CO: equally priced homes
- Livermore, CO: higher priced homes
Cities with Similar Populations
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- Fairport, NC: less expensive homes
- Fairholm, WA: less expensive homes
- Evergreen, KY: less expensive homes
- Eulonia, GA: less expensive homes
- Eula, AR: less expensive homes
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