
Home Price Key
These days, finding an affordable place to live in the Norristown area can be challenging. Home prices in Norristown are now at a median cost of $248,296, higher than the Pennsylvania average of $222,630.
The average cost of rent is $1,362/mo in Norristown, primarily driven by the current value of real estate in the Norristown area. While nearly 34.25% of residents own their homes outright in Norristown, 34.16% rent.
Housing affordability isn’t just about home prices, though. The average household income in Norristown is $7,120 per month. Households that rent pay about 19.13% of their income on rent here. Norristown's most expensive areas are in the northwestern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Bridgeport, PA: equally priced homes
- King of Prussia, PA: higher priced homes
- Worcester, PA: higher priced homes
- Eagleville, PA: higher priced homes
- Audubon, PA: higher priced homes
- Plymouth Meeting, PA: higher priced homes
- Blue Bell, PA: higher priced homes
- Conshohocken, PA: higher priced homes
- West Conshohocken, PA: higher priced homes
- Wayne, PA: higher priced homes
Cities with Similar Populations
- Riverside, CA: higher priced homes
- Palm Bay, FL: less expensive homes
- Pasco, WA: equally priced homes
- Owensboro, KY: less expensive homes
- Parma, OH: less expensive homes
- Pacoima, CA: higher priced homes
- Orange, CA: higher priced homes
- Pawtucket, RI: equally priced homes
- Orlando, FL: equally priced homes
- Pasadena, TX: less expensive homes
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