Norwood 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 the purple and dark green areas.
Rental Price Key
On average, the cost of rent in Norwood is about $874 per month. This puts it in the 53rd percentile compared to the state average cost of rent, which is $1,036. Households in Norwood have a median income of $4,040 per month so the average renter in Norwood is spending roughly 22% of their earnings on housing.
Nationally, and in Norwood, home values are the data point most closely correlated with the cost of rent. The median price of a home in Norwood is $181,700 right now, which is lower than cities nearby, meaning that rents in Norwood also tend to be lower versus these nearby cities.
Higher rent prices are common in the southwestern parts of Norwood while lower rent rates are often available in central areas.
Nearby Cities
- Golf Manor, OH: less expensive rent prices
- St. Bernard, OH: more expensive rent prices
- Cincinnati, OH: more expensive rent prices
- Elmwood Place, OH: less expensive rent prices
- Amberley, OH: more expensive rent prices
- Silverton, OH: more expensive rent prices
- Dayton, KY: more expensive rent prices
- Arlington Heights, OH: more expensive rent prices
- Bellevue, KY: more expensive rent prices
- Deer Park, OH: more expensive rent prices
Cities with Similar Populations
- Homewood, IL: more expensive rent prices
- Schofield Barracks, HI: more expensive rent prices
- Short Pump, VA: more expensive rent prices
- Swartz Creek, MI: more expensive rent prices
- Altus, OK: more expensive rent prices
- Manor, TX: more expensive rent prices
- Somerton, AZ: more expensive rent prices
- Roscoe, IL: more expensive rent prices
- Bayshore Gardens, FL: more expensive rent prices
- Batavia, NY: more expensive rent prices
All Local Stats
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