Norway Lake renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in dark green areas.
On average, the cost of rent in Norway Lake is about $726 per month. This puts it in the 29th percentile compared to the state average cost of rent, which is $1,013. Households in Norway Lake have a median income of $7,227 per month so the average renter in Norway Lake is spending roughly 10% of their earnings on housing.
Nationally, and in Norway Lake, home values are the data point most closely correlated with the cost of rent. The median price of a home in Norway Lake is $157,972 right now, which is lower than nearby cities, meaning that rents in Norway Lake also tend to be lower versus these nearby cities.
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