Norwood, OH has a population of 19,611, while the median age is 33. The household income in Norwood, OH is around $42,820. The homeownership rate among the residents is 45%. The median residential property value in Norwood, OH that you should keep in mind is $122,200.
Population | 19,611 |
Median Age | 33.2 |
Poverty Rate | 21% |
Household Income | $42,820 |
Number Of Employees | 10,785 |
Median Property Value | $122,200 |
Rent Price | Dec | vs Last Month |
---|---|---|
2-bed apartments | $1,495 | +62.5% |
3-bed apartments | $1,599 | +19.6% |
Over the Dec 2022, the average rent for an apartment in/near Norwood, OH increased by 38.9% to $1,576.
Breaking it down in details, we now see that the average price for 1-bed apartment stands at $625 with no changes this month. Pricing for 2-bed apartment also increased by 62.5% and a place of this size will now cost you $1,495. 3-bed apartment rent pricing starts at $1,599, it increased by 19.6% lately. Consequently, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around $1,475 for a big-family home.
Rent Type Price | Dec | vs Last Month |
---|---|---|
Apartments for rent | $1,795 | +77.1% |
Houses for rent | $1,566 | +22.9% |
Condos for rent | $1,495 | +49.5% |
The median rent for an apartment in Norwood, OH increased by 77.1% to $1,795. Statistics show that house rent price increased by 22.9% this month making it up to $1,566. Condos faced an upward trend these days. The median rent for a condo increased by 49.5%, it’s now available for $1,495.