Home Price Key
Affordable
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 $151,875, lower than the Ohio average of $181,280.
The average cost of rent is $764/mo in Norwalk, primarily driven by the current value of real estate in the Norwalk area. While nearly 35.96% of residents own their homes outright in Norwalk, 31.58% rent.
Housing affordability isn’t just about home prices, though. The average household income in Norwalk is $4,807 per month. Households that rent pay about 15.90% of their income on rent here. Norwalk's most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Standardsburg, OH: less expensive homes
- Milan, OH: higher priced homes
- Monroeville, OH: higher priced homes
- Peru, OH: less expensive homes
- East Townsend, OH: equally priced homes
- Collins, OH: equally priced homes
- Olena, OH: equally priced homes
- North Monroeville, OH: equally priced homes
- Shinrock, OH: higher priced homes
- Berlinville, OH: higher priced homes
Cities with Similar Populations
- Westerly, RI: higher priced homes
- Billerica, MA: higher priced homes
- Blue Island, IL: equally priced homes
- Breaux Bridge, LA: equally priced homes
- Caledonia, MI: higher priced homes
- Candler-McAfee, GA: equally priced homes
- Canfield, OH: higher priced homes
- Capitol Heights, MD: higher priced homes
- Carrboro, NC: higher priced homes
- Washington, NC: equally priced homes
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