Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Norwood area can be challenging. Home prices in Norwood are now at a median cost of $166,391, lower than the Ohio average of $181,280.
The average cost of rent is $804/mo in Norwood, primarily driven by the current value of real estate in the Norwood area. While nearly 29.08% of residents own their homes outright in Norwood, 56.39% rent.
Housing affordability isn’t just about home prices, though. The average household income in Norwood is $4,453 per month. Households that rent pay about 18.05% of their income on rent here. Norwood's most expensive areas are in the southern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Golf Manor, OH: less expensive homes
- St. Bernard, OH: less expensive homes
- Cincinnati, OH: higher priced homes
- Elmwood Place, OH: less expensive homes
- Amberley, OH: higher priced homes
- Dayton, KY: equally priced homes
- Silverton, OH: less expensive homes
- Arlington Heights, OH: less expensive homes
- Bellevue, KY: higher priced homes
- Deer Park, OH: less expensive homes
Cities with Similar Populations
- Alexandria, KY: higher priced homes
- Alpena, MI: less expensive homes
- Ammon, ID: higher priced homes
- Andrews, TX: equally priced homes
- Angier, NC: higher priced homes
- Anna, TX: higher priced homes
- Ansonia, CT: higher priced homes
- Arcadia, FL: less expensive homes
- Ashland, MA: higher priced homes
- Asomante, PR: less expensive homes
All Local Stats
Home Services
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren't able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood