Property Prices in Norfolk, VA, United States
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| Index |  |
|---|---|
| Price to Income Ratio: | 2.86 |
| Mortgage as Percentage of Income: | 25.63% |
| Loan Affordability Index: | 3.90 |
| Price to Rent Ratio - City Centre: | 5.20 |
| Price to Rent Ratio - Outside of Centre: | 5.51 |
| Gross Rental Yield (City Centre): | 19.24% |
| Gross Rental Yield (Outside of Centre): | 18.14% |
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Rent Per Month |  Edit |
Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 2,066.67 $ | |
| Apartment (1 bedroom) Outside of Centre | 1,800.00 $ | |
| Apartment (3 bedrooms) in City Centre | 2,630.00 $ | |
| Apartment (3 bedrooms) Outside of Centre | 2,566.67 $ | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 189.00 $ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 182.33 $ | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 3,494.53 $ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.52 |
These data are based on 52 entries in the past 18 months from 22 different contributors.
Last update: March 2025
Sources and References
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Nearby cities:| Property Prices in Virginia Beach, Virginia | 18.47 miles |
| Property Prices in Newport News, Virginia | 26.18 miles |
| Property Prices in Yorktown, Virginia | 35.85 miles |
| Property Prices in Richmond, Virginia | 95.77 miles |
| Property Prices in Fredericksburg, Virginia | 144.03 miles |
| Property Prices in Durham, North Carolina | 184.97 miles |
| Property Prices in Raleigh, North Carolina | 185.64 miles |
| Property Prices in Arlington, Virginia | 191.45 miles |
| Property Prices in Washington, District of Columbia | 193.40 miles |
| Property Prices in Lexington Park, Maryland | 195.82 miles |
This page in other languages:
 DeutschImmobilienpreise in Norfolk
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 PortuguêsPreços de Imóveis em Norfolk
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 ItalianoPrezzi delle proprietà immobiliari a Norfolk
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 FrançaisPrix de l'immobilier à Norfolk
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 EspañolPrecios de Inmuebles en Norfolk
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