Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Norton Commons area can be challenging. Home prices in Norton Commons are now at a median cost of $491,932, lower than the Prospect average of $494,766.
The average cost of rent is $1,991/mo in Norton Commons, primarily driven by the current value of real estate in the Norton Commons area. While nearly 43.47% of residents own their homes outright in Norton Commons, 23.80% rent.
Housing affordability isn’t just about home prices, though. The average household income in Norton Commons is $10,456 per month. Households that rent pay about 19.05% of their income on rent here. Norton Commons's most expensive areas are in the western regions, while the cheapest areas are in the northwestern parts of the neighborhood.
Nearby Neighborhoods
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- Klondike, Louisville, KY: less expensive homes
- Clifton, Louisville, KY: less expensive homes
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- Highlands Douglass, Louisville, KY: less expensive homes
Neighborhoods with Similar Populations
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