Home prices
The median home in Norwalk is valued at $440,800. This is approximately $80,860 (15%) lower compared to its nearby areas.It is approximately $223,300 (102%) higher in comparison to the country as a whole, and it is about $196,100 (30%) lower compared to the city of Los Angeles.
Rents
The median monthly rent in Norwalk is $1,592. This is roughly $80 (4%) lower compared to the surrounding areas.In comparison to the country as a whole it is approximately $530 (49%) higher, and compared to the city of Los Angeles is about $142 (9%) higher.
Nearby places
Santa Fe Springs
Santa Fe Springs is Norwalk's neighbor to the northeast. Its housing prices are similar. The value of the median home in Santa Fe Springs is $447,400, which is $6,600 (1%) higher than Norwalk. Its rents are somewhat less expensive. Santa Fe Springs's median rent is $1,382 per month, which works out to $210 (15%) lower than Norwalk.
Bellflower
Bellflower is Norwalk's neighbor to the southwest. Its housing prices are similar. The median home in Bellflower costs $458,600, which works out to $17,800 (3%) higher than Norwalk. The rent there is a little less expensive. The median monthly rent in Bellflower is $1,368, which comes out to $224 (16%) lower than Norwalk.
Artesia
Artesia is Norwalk's neighbor to the south. Its real estate prices are a little more expensive. The price of the median home in Artesia is $542,200, which is $101,400 (18%) higher than Norwalk. Its rents are pretty similar. The median rent in Artesia is $1,662 per month, which works out to $70 (4%) higher than Norwalk.
Cerritos
Cerritos is Norwalk's neighbor to the south. Its real estate prices are substantially more expensive. The median home in Cerritos costs $685,300, which works out to $244,500 (35%) higher than Norwalk. Its rents are significantly more expensive. In Cerritos the median rent is $2,410 per month, which works out to $818 (33%) higher than Norwalk.
South Whittier
South Whittier is roughly 3 miles northeast of Norwalk. Housing prices there are a little more expensive. The median home in South Whittier costs $474,800, which is $34,000 (7%) higher than Norwalk. The rent there is pretty similar. The median rent in South Whittier is $1,536 per month, which works out to $56 (3%) lower than Norwalk.
