Find Homes & Apartments for Rent in Norwood, PA

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What to Know About

Life in Norwood & Beyond

Norwood shares many of the great qualities that make Pennsylvania a desirable place to live.

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 March 2025, Norwood's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Norwood's average rent is 15.3% ($252) lower than the Pennsylvania average of $1,647 and 22.0% ($393) lower than the U.S. average of $1,788.

Average Rent
$1,395
Monthly ChangeMonth Over Month Change
Increased1.5% ($20)
Yearly ChangeYear Over Year Change
Increased15.4% ($186)
Avg. Days on MarketAverage Days on Market
34
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,172 Increased1.5% ($17) No change
2 Beds $1,400 Increased2% ($27) Increased0.5% ($7)
3 Beds $1,661 Increased2.7% ($43) Increased1.2% ($19)
Nearby Cities Average Rent Avg. Rent vs. NorwoodAverage Rent vs. Norwood Avg. Days on MarketAverage Days on Market
Prospect Park $1,357 Decreased2.7% ($38) 37 days
Glenolden $1,784 Increased27.9% ($389) 33 days
Ridley Park $1,498 Increased7.4% ($103) 38 days
Sharon Hill $1,400 Increased0.4% ($5) 33 days
Morton $1,480 Increased6.1% ($85) 35 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.

The average rent in Norwood, PA is $1,395 per month.
Homes in Norwood typically rent for between $820 and $2,159 per month, with an average of $1,395 per month.
In Norwood, the average rent for a 1-bedroom home is $1,172 per month, for a 2-bedroom home, $1,400 per month, and a 3-bedroom home is $1,661 per month.
The average rent in Norwood is 22% ($393) lower than the national average of $1,788 per month.
The average rent in Norwood has increased by 1.5% ($20) in the last month and increased by 15.4% ($186) over the past year.
The rental market in Norwood, PA, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
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.
There are currently 6 rental properties available in Norwood, PA.
Based on the current averages, a household would need an annual income of $56,000 to comfortably afford a 2-bedroom home in Norwood.
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