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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 $694,513, higher than the Washington average of $621,115.
The average cost of rent is $2,428/mo in Norman, primarily driven by the current value of real estate in the Norman area. In Norman, 10.33% of households rent, and 38.84% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Norman is $9,344 per month. Households that rent pay about 25.98% of their income on rent here. Norman’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Sunday Lake, WA: equally priced homes
- Stanwood, WA: equally priced homes
- East Stanwood, WA: equally priced homes
- Bryant, WA: higher priced homes
- Warm Beach, WA: higher priced homes
- Northwest Stanwood, WA: less expensive homes
- Lake McMurray, WA: equally priced homes
- Arlington, WA: less expensive homes
- McKees Beach, WA: equally priced homes
- Conway, WA: equally priced homes
Cities with Similar Populations
- Waka, TX: less expensive homes
- Cofield Corner, IN: less expensive homes
- College Hill, OH: less expensive homes
- College Springs, IA: less expensive homes
- College Station, AR: less expensive homes
- Columbia Hills Corners, OH: less expensive homes
- Columbia, IN: less expensive homes
- Concord, LA: less expensive homes
- Concord, TN: less expensive homes
- Villanueva, NM: less expensive homes
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