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Rental Market Trends in Norfolk, NE

Updated September 2026

The average rent in Norfolk, NE is $1,038/month.

Rent in Norfolk is 38% lower than the national average rent of $1,665/month, making this one of the less expensive cities statewide.

$1,038/month

Average Rent

711 Sq Ft

Average Size

+0.8%

Change / Year

83

Available Apartments

Norfolk rent varies by unit size and layout:

  • Studio apartments in Norfolk average $864 per month.
  • One-bedroom apartments in Norfolk average $1,038 per month.
  • Two-bedroom apartments in Norfolk average $1,234 per month.
  • Three-bedroom apartments in Norfolk average $1,287 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$864/month
451 Sq Ft
One Bedroom
$1,038/month
711 Sq Ft
Two Bedroom
$1,234/month
944 Sq Ft
Three Bedroom
$1,287/month
1,244 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Two Bedroom
$1,386/month
575 Sq Ft
View Norfolk Apartments

How much has average rent changed in Norfolk, NE?

In the past year, rent has increased by 0.8%, which averages out to $8 more per month.

Market Trends Over Time

September 2026

2025 2026
Market Trends Over Time

Rent Ranges in Norfolk, NE

September 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Norfolk, NE
Percentage*
Rent Range
7% Below $700/month
36% $700 - $1,000/month
57% $1,001 - $1,500/month
0% $1,501 - $2,000/month
0% Above $2,000/month

What salary do I need to live comfortably in Norfolk, NE?

Because the average rent in Norfolk is $1,038, you’ll want to make about $3,460 per month or $41,520 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Norfolk, NE

83 Available Apartments for Rent

Search for Nearby Apartments

How does Norfolk, NE compare to other nearby cities and neighborhoods?

Use the tool below to compare Norfolk, NE to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

View the Norfolk Area Guide

Apartment Averages

Apartment Communities in Norfolk We Think You'll Love

The Hill

The Hill

1303 Galeta Ave,
Norfolk, NE 68701

2 Beds | $1,175 - $1,275

The Warwick

The Warwick

1401 Lakewood Dr,
Norfolk, NE 68701

2-3 Beds | $1,095 - $1,315

The Apartment Place

The Apartment Place

901 Syracuse Ave,
Norfolk, NE 68701

1 Bed | $895

Victory Village Apartments

Victory Village Apartments

1301 E Grove Ave,
Norfolk, NE 68701

1-2 Beds | $1,279 - $1,499

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Frequently Asked Questions

What is the average rent in Norfolk?

The average rent in Norfolk is $1,038 per month, which is 37.7% lower than the national average of $1,665.

Are rents going up or down in Norfolk?

Rents in Norfolk, NE are increasing, with prices up 0.8% year-over-year and $8 more per month.

What rent range is most common in Norfolk?

In Norfolk, NE, 57% of apartments fall between $1,001 - $1,500/month, though prices may vary depending on location and other factors.

United States Nebraska Norfolk Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in September 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.

* Percentages may not total 100 due to rounding.

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© 2026 CoStar Group, Inc.

Equal Housing Opportunity