Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Norway area can be challenging. Home prices in Norway are now at a median cost of $118,881, lower than the New York average of $481,023.
The average cost of rent is $956/mo in Norway, primarily driven by the current value of real estate in the Norway area. While nearly 56.26% of residents own their homes outright in Norway, 11.44% rent.
Housing affordability isn’t just about home prices, though. The average household income in Norway is $5,798 per month. Households that rent pay about 16.49% of their income on rent here. Norway's most expensive areas are in the southern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
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Cities with Similar Populations
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