2026 Affordability Data
Most Affordable Neighborhoods in Norfolk - 2026 Data
The median home value in Norfolk is $192,300, 32% below nat'l avg. Median rent is $754/month. With an affordability index of 164, Norfolk is more affordable than the national baseline of 100. We ranked 15 neighborhoods by affordability to help you find the best value in the Norfolk, NE area.
Key Takeaways: Affordability in Norfolk
- 1The most affordable neighborhood in Norfolk is Hastings, with a median home value of $156,400.
- 2Norfolk's median home value is $192,300, 32% below nat'l avg (national: $281,900).
- 3Norfolk's affordability index is 164 (baseline 100), making it more affordable than the national average.
- 4Median rent in Norfolk is $754/month, 35% below nat'l avg (national: $1,163/month).
- 5We analyzed 15 neighborhoods in Norfolk to find the most affordable areas based on home values, rent, and affordability index.
Norfolk Affordability Overview
Median Home Value
$192,300
32% below nat'l avg
Median Rent
$754/mo
35% below nat'l avg
Median Income
$57,479
23% below nat'l avg
Affordability Index
164
64% above nat'l avg
Most Affordable Neighborhoods in Norfolk (Ranked)
| Rank | Neighborhood | Median Home Value |
|---|---|---|
| 1 | HastingsNE | $156,400 |
| 2 | North PlatteNE | $152,500 |
| 3 | PapillionNE | $269,600 |
| 4 | La VistaNE | $222,900 |
| 5 | GretnaNE | $286,600 |
| 6 | FremontNE | $174,000 |
| 7 | BellevueNE | $211,500 |
| 8 | Grand IslandNE | $183,700 |
| 9 | ScottsbluffNE | $131,400 |
| 10 | South Sioux CityNE | $151,200 |
| 11 | LexingtonNE | $131,700 |
| 12 | BeatriceNE | $141,900 |
| 13 | ColumbusNE | $187,800 |
| 14 | OmahaNE | $210,000 |
| 15 | LincolnNE | $210,000 |
Detailed Neighborhood Profiles
Home Value: $156,400
Rent: $754/mo
Affordability: 164
Population: 25,098
Walk Score: 0/100
Home Value: $152,500
Rent: $754/mo
Affordability: 164
Population: 23,309
Walk Score: 0/100
Home Value: $269,600
Rent: $754/mo
Affordability: 164
Population: 24,016
Walk Score: 0/100
4
Home Value: $222,900
Rent: $754/mo
Affordability: 164
Population: 16,713
Walk Score: 0/100
5
Home Value: $286,600
Rent: $754/mo
Affordability: 164
Population: 9,019
Walk Score: 0/100
6
Home Value: $174,000
Rent: $754/mo
Affordability: 164
Population: 27,230
Walk Score: 0/100
7
Home Value: $211,500
Rent: $754/mo
Affordability: 164
Population: 63,336
Walk Score: 0/100
8
Home Value: $183,700
Rent: $754/mo
Affordability: 164
Population: 52,822
Walk Score: 0/100
9
Home Value: $131,400
Rent: $754/mo
Affordability: 164
Population: 14,454
Walk Score: 0/100
10
Home Value: $151,200
Rent: $754/mo
Affordability: 164
Population: 13,835
Walk Score: 0/100
11
Home Value: $131,700
Rent: $754/mo
Affordability: 164
Population: 10,662
Walk Score: 0/100
12
Home Value: $141,900
Rent: $754/mo
Affordability: 164
Population: 12,237
Walk Score: 0/100
13
Home Value: $187,800
Rent: $754/mo
Affordability: 164
Population: 24,035
Walk Score: 0/100
14
Home Value: $210,000
Rent: $1,348/mo
Affordability: 93
Population: 486,051
Walk Score: 95/100
15
Home Value: $210,000
Rent: $948/mo
Affordability: 36
Population: 291,082
Walk Score: 98/100
Frequently Asked Questions About Affordability in Norfolk
What is the most affordable neighborhood in Norfolk, NE?▾
Based on 2026 data, Hastings is the most affordable neighborhood in Norfolk with a median home value of $156,400. Kurby analyzed 15 neighborhoods in the Norfolk area to compile these rankings.
What is the median home price in Norfolk, NE?▾
The median home price in Norfolk is $192,300, which is 32% below nat'l avg. The national median home value is $281,900 (Source: Kurby, 2026).
Is Norfolk affordable compared to the national average?▾
Norfolk has an affordability index of 164, which means housing is more affordable than the national baseline of 100. An index above 100 indicates that a median-income household can afford a median-priced home in the area.
What is the average rent in Norfolk, NE?▾
The median monthly rent in Norfolk is $754. This is 35% below nat'l avg. The national median rent is $1,163/month (Source: Kurby, 2026).
What is the median household income in Norfolk?▾
The median household income in Norfolk is $57,479 compared to the national median of $74,580. This metric is important for understanding housing affordability in relation to local earning power (Source: Kurby, 2026).
How many neighborhoods in Norfolk are below the national average home price?▾
14 out of 15 ranked neighborhoods in Norfolk have a median home value below the national average of $281,900. The most affordable is Hastings at $156,400 (Source: Kurby, 2026).