Pennsylvania is a state rich in history and charm. Explore the state's culture by visiting historic sites like Independence Hall, the Liberty Bell, and Gettysburg National Military Park. Pennsylvania is also home to respected universities like the University of Pennsylvania, Carnegie Mellon University, Drexel University, and Penn State University. Pennsylvania's economy thrives on manufacturing, healthcare, and technology. The state is also home to a thriving theater and art scene, with institutions such as the Kimmel Center for the Performing Arts, the Pittsburgh Symphony Orchestra, and the Pennsylvania Ballet.

For those who love the great outdoors, Pennsylvania offers opportunities for skiing in the Pocono Mountains, fishing in Lake Erie, and exploring the scenic Appalachian Mountains. Sports fans can catch professional games for teams like the Philadelphia Eagles (NFL), Pittsburgh Steelers (NFL), Philadelphia Flyers (NHL), Philadelphia Phillies (MLB), and Philadelphia 76ers (NBA). Be amazed by the popular attractions like the Philly Cheesesteak, the Amish Country, and the Pittsburgh Zoo.

Discover a blend of old and new in Pennsylvania, where history and progress coexist to make it a great place to live.

Rental Market Trends

Norwood, PA

As of July 2025, Norwood's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Norwood's average rent is 22.3% ($361) lower than the Pennsylvania average of $1,617 and 29.2% ($519) lower than the U.S. average of $1,775.

Average Rent

$1,256

Monthly ChangeMonth Over Month Change

0.2% ($2)

Yearly ChangeYear Over Year Change

0.6% ($7)

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$1,235	0.2% ($2)	0.8% ($10)
2 Beds	$1,540	8.6% ($144)	4.1% ($60)
3 Beds	$1,834	8.7% ($175)	5.2% ($90)

Nearby Cities	Average Rent	Avg. Rent vs. NorwoodAverage Rent vs. Norwood	Avg. Days on MarketAverage Days on Market
Prospect Park	$1,548	23.2% ($292)	37 days
Glenolden	$1,647	31.1% ($391)	33 days
Folcroft	$1,362	8.4% ($106)	35 days
Ridley Park	$1,475	17.4% ($219)	38 days
Sharon Hill	$1,400	11.5% ($144)	33 days

Rental market trends are calculated using listing data from RentalSource.

Frequently Asked Questions

Norwood Rental Market FAQs

Explore rental prices, market trends, and availability in Norwood, PA.

What is the average rent in Norwood, PA?

The average rent in Norwood, PA is $1,256 per month.

What is the rental price range for homes in Norwood, PA?

Homes in Norwood typically rent for between $865 and $2,384 per month, with an average of $1,256 per month.

What is the average rent for different bedroom sizes in Norwood, PA?

In Norwood, the average rent for a 1-bedroom home is $1,235 per month, for a 2-bedroom home, $1,540 per month, and a 3-bedroom home is $1,834 per month.

How do rent prices in Norwood, PA compare with the national average?

The average rent in Norwood is 29.2% ($519) lower than the national average of $1,775 per month.

How have rent prices in Norwood, PA changed recently?

The average rent in Norwood has decreased by 0.2% ($2) in the last month and increased by 0.6% ($7) over the past year.

How competitive is the rental market in Norwood, PA?

The rental market in Norwood, PA, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.

How long do rentals stay on the market in Norwood, PA?

In Norwood, PA, the average rental stays on the market for approximately 34 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.

How many rental properties are available in Norwood, PA?

There are currently 4 rental properties available in Norwood, PA.

Can I afford to rent a home in Norwood, PA?

Based on the current averages, a household would need an annual income of $61,600 to comfortably afford a 2-bedroom home in Norwood.