Home Price Key
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Average
Expensive
These days, finding an affordable place to live in the Norwalk area can be challenging. Home prices in Norwalk are now at a median cost of $249,201, higher than the Iowa average of $182,666.
The average cost of rent is $942/mo in Norwalk, primarily driven by the current value of real estate in the Norwalk area. While nearly 30.80% of residents own their homes outright in Norwalk, 15.90% rent.
Housing affordability isn’t just about home prices, though. The average household income in Norwalk is $7,402 per month. Households that rent pay about 12.73% of their income on rent here. Norwalk's most expensive areas are in the eastern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Spring Hill, IA: higher priced homes
- Cumming, IA: higher priced homes
- Scotch Ridge, IA: higher priced homes
- Prole, IA: higher priced homes
- Martensdale, IA: higher priced homes
- West Des Moines, IA: equally priced homes
- Des Moines, IA: less expensive homes
- Summerset, IA: higher priced homes
- Windsor Heights, IA: less expensive homes
- Carlisle, IA: less expensive homes
Cities with Similar Populations
- Tiverton, RI: higher priced homes
- Bedford, VA: less expensive homes
- Bellevue, WI: less expensive homes
- Bellingham, MA: higher priced homes
- Seminole, TX: less expensive homes
- Seymour, CT: equally priced homes
- Spearfish, SD: equally priced homes
- Spencerport, NY: less expensive homes
- Stallings, NC: higher priced homes
- Telford, PA: higher priced homes
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