Affordable
Expensive
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These days, finding an affordable place to live in the Norwood Park area can be challenging. Home prices in Norwood Park are now at a median cost of $220,322, higher than the Dundalk average of $219,864.
The average cost of rent is $1,633/mo in Norwood Park, primarily driven by the current value of real estate in the Norwood Park area. In Norwood Park, 25.68% of households rent, and 35.07% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Norwood Park is $5,330 per month. Households that rent pay about 30.64% of their income on rent here. Norwood Park’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northeastern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Eastfield, Dundalk, MD: higher priced homes
- Bayview Area, Baltimore, MD: less expensive homes
- Eastwood, Dundalk, MD: less expensive homes
- Turners, Dundalk, MD: higher priced homes
- Gray Haven, Dundalk, MD: equally priced homes
- Inverness, Dundalk, MD: equally priced homes
- Highlandtown, Baltimore, MD: higher priced homes
- Canton, Baltimore, MD: higher priced homes
- Monument Street, Baltimore, MD: less expensive homes
- Patterson Park, Baltimore, MD: equally priced homes
Neighborhoods with Similar Populations
- Albion Place, Clifton, NJ: higher priced homes
- Allendale Area, Arvada, CO: higher priced homes
- Allendale, Oakland, CA: higher priced homes
- Hobart Circle Historic District, Troy, OH: equally priced homes
- Arlington Heights, Milwaukee, WI: less expensive homes
- Barron Park, Palo Alto, CA: higher priced homes
- Baldwin District, Manassas, VA: higher priced homes
- Reparto Metropolitano, San Juan, PR: less expensive homes
- Sequoyah, Oakland, CA: higher priced homes
- Sears Park Area, Abilene, TX: less expensive homes
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