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 $194,891, higher than the Nebraska average of $188,542.
The average cost of rent is $746/mo in Norfolk, primarily driven by the current value of real estate in the Norfolk area. While nearly 47.01% of residents own their homes outright in Norfolk, 25.20% rent.
Housing affordability isn’t just about home prices, though. The average household income in Norfolk is $5,428 per month. Households that rent pay about 13.74% of their income on rent here. Norfolk's most expensive areas are in the northwestern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Hadar, NE: higher priced homes
- Battle Creek, NE: equally priced homes
- Hoskins, NE: less expensive homes
- Stanton, NE: less expensive homes
- Pierce, NE: equally priced homes
- Winside, NE: less expensive homes
- Madison, NE: less expensive homes
- Meadow Grove, NE: less expensive homes
- Pilger, NE: less expensive homes
- Foster, NE: higher priced homes
Cities with Similar Populations
- Helotes, TX: higher priced homes
- Southgate, MI: less expensive homes
- Shepherdsville, KY: equally priced homes
- Shenandoah, FL: higher priced homes
- Rosemount, MN: higher priced homes
- Jacksonville Beach, FL: higher priced homes
- Imperial, MO: higher priced homes
- Immokalee, FL: equally priced homes
- Hobart, IN: less expensive homes
- Hightstown, NJ: higher priced homes
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