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Affordable
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These days, finding an affordable place to live in the Norman area can be challenging. Home prices in Norman are now at a median cost of $78,519, lower than the Georgia average of $324,634.
The average cost of rent is $899/mo in Norman, primarily driven by the current value of real estate in the Norman area. In Norman, 40.26% of households rent, and 68.85% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Norman is $4,773 per month. Households that rent pay about 18.84% of their income on rent here. Norman’s most expensive areas are in the northwestern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Tignall, GA: higher priced homes
- Delhi, GA: higher priced homes
- Jacksons Crossroads, GA: higher priced homes
- Fortsonia, GA: higher priced homes
- Danburg, GA: higher priced homes
- Vesta, GA: higher priced homes
- Gill, GA: higher priced homes
- New Town, GA: higher priced homes
- Middleton, GA: higher priced homes
- Chennault, GA: higher priced homes
Cities with Similar Populations
- Espanola, WA: higher priced homes
- Taylorsville, VA: higher priced homes
- Taiban, NM: higher priced homes
- Galla Rock, AR: higher priced homes
- Frostburg, PA: higher priced homes
- Friley, AR: higher priced homes
- Flippin, KY: higher priced homes
- Flanders, NY: higher priced homes
- Five Mile, OH: higher priced homes
- Etna, NY: higher priced homes
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