How much does it cost to rent in Norwood, MA?

As of July 2026, the median monthly rent in Norwood, MA is $2,601. This figure is based on aggregated data from public sources and community-submitted rents.

Is Norwood cheaper than other Massachusetts cities?

Norwood falls in the middle range for Massachusetts, ranking #67 out of 107 cities at $2,601/mo.

When was Norwood rent data last updated?

Norwood rent data reflects July 2026 and was last refreshed on July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.

Is Norwood a renter's market or a landlord's market?

Based on RentDataNow's Rent Market Meter, Norwood is currently a renter's market. Rents are softening (down 3.9% YoY), so renters have negotiating leverage. The meter is derived from rent-price momentum (year-over-year and month-over-month change), not inventory levels.

City Report · MA

Norwood

Name: Average Rent Prices in Norwood, MA
Creator: RentDataNow
License: https://rentdatanow.com/terms-of-service

Pop. 31,542·67th most expensive in Massachusetts·One of the pricier rental markets in the US

Median rent (all units)

$2,601/mo

Year-over-Year

-3.9%

Month-over-Month

-0.3%

vs US Median

+$636

Stable (Monthly)

Be the first to discuss Norwood rents ↓

Most AffordableMost Expensive

Norwood · $2,601

More expensive than 82% of US cities · National median $1,965/mo

Rent Reality Score

73/100

Good value

OverheatedFairGreat value

Rents are 11% below what Norwood's 10-year trend predicts — a better deal than its own history suggests.

Actual rent

$2,601/mo

Expected by trend

$2,933/mo

The Rent Reality Score compares today's median rent to where Norwood's own long-run trajectory projects it should be. See the full rankings →

Medians by bedroom

Rent by unit size

Studio

$2,160

1 BR

$2,290

2 BR

$2,710

3 BR

$3,260

4 BR+

$3,590

Research median

$2,710/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

Loading…

Last updated: July 20, 2026

Annual cost

$31,212/yr

At $2,601/mo median

Rent Market Meter

Renter's Market

Renter's MarketBalancedLandlord's Market

Rents are softening (down 3.9% YoY), so renters have negotiating leverage.

Based on rent-price momentum (-3.9% YoY, -0.3% MoM), not inventory.

Rent check

Is your rent fair?

Compare your rent to the local median.

Demographics

Who lives here

Norwood, MA is roughly split between renters and owners, has a median income above the national average, 55.4% of residents hold a bachelor's degree or higher.

Population

31,542

Median income

$107,030

Median age

Renters

46%

Age distribution

20%

23.1%

25.6%

13.7%

17.6%

Under 1820%

18–3423.1%

35–5425.6%

55–6413.7%

65+17.6%

Gender

49.7%

50.3%

Male49.7%

Female50.3%

Race & ethnicity

70.7%

White70.7%

Black7.1%

Hispanic10%

Asian6.7%

Other5.6%

Education (25+)

18.3%

19.8%

55.4%

No HS diploma6.4%

HS diploma18.3%

Some college19.8%

Bachelor's+55.4%

Housing tenure

54%

46%

Owner54%

Renter46%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2022 vs 2026

How Norwood, MA has changed in 5 years

Rent

$2,283 → $2,601

up 13.9%

Income

$96,414 → $107,030

up 11.0%

Population

31,256 → 31,542

up 0.9%

Renter share

46.8% → 46%

-0.8 pts

Bachelor's+

52.2% → 55.4%

+3.2 pts

Compared with 2022, rent in Norwood, MA has climbed by $318 per month, settling near $2,601 after starting the period at $2,283. Census figures show median household income at $107,030 today, compared with $96,414 five years earlier. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 52.2% to 55.4%. The combined trend lines point to a market that has changed measurably from where it stood in early 2022.

Community

Discussions about Norwood

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View Norwood rent history (2015–2026) →

Salary vs rent

Can you afford rent in Norwood on your salary?

At $2,601/mo, how Norwood rent compares to typical pay (30% rule).

Registered Nurse

Avg $109,597/yr · Rent = 28.5% income

affordable

Elementary School Teacher

Avg $77,813/yr · Rent = 40.1% income

rent-burdened

Police Officer

Avg $89,633/yr · Rent = 34.8% income

stretched

Software Developer

Avg $160,208/yr · Rent = 19.5% income

very comfortable

Lawyer

Avg $204,705/yr · Rent = 15.2% income

very comfortable

Firefighter

Avg $72,860/yr · Rent = 42.8% income

rent-burdened

Truck Driver

Avg $65,784/yr · Rent = 47.4% income

rent-burdened

Electrician

Avg $81,084/yr · Rent = 38.5% income

stretched

By apartment size

Norwood rent by bedroom count

Median rent for each apartment size in Norwood. Click any size for full breakdown.

Local insights

Tips for renters in Norwood

About renting in Norwood, MA

Last updated: July 20, 2026

The median rent in Norwood is $2,601/mo as of July 2026. A studio apartment averages $2,160/mo while a 2-bedroom runs $2,710/mo. One-bedroom apartments average $2,290/mo and 3-bedroom units go for $3,260/mo.

At 29% of local median household income ($107,030/yr), Norwood ranks as affordable compared to the national benchmark of 30%. Rents have decreased 3.9% over the past year.

FAQ

Frequently asked questions

Is Norwood an affordable city for renters?

Norwood is considered affordable for renters. At $2,601/mo, rent takes approximately 29% of the local median household income ($107,030/yr). The standard benchmark is 30%. Norwood falls comfortably within that range.

How much income do you need to rent in Norwood?

To keep rent at or below 30% of gross income, you would need to earn at least $104,000/year (~$50/hour full-time) to afford the median rent of $2,601/mo in Norwood. The local median household income is $107,030/yr, meaning the typical Norwood household meets that threshold.

Is rent going up or down in Norwood?

Rent in Norwood has decreased 3.9% over the past year as of July 2026, offering some relief compared to 12 months ago.

How does Norwood rent compare to other cities in Massachusetts?

Norwood is middle-of-the-pack for Massachusetts for rent, ranking #67 out of 107 tracked cities at $2,601/mo.

What percentage of Norwood residents rent vs. own?

According to Census data, approximately 46% of Norwood households are renters, while 54% are owner-occupied. Norwood leans toward homeownership, which can mean a smaller rental inventory.

How does Norwood rent compare to the national average?

Norwood's median rent of $2,601/mo is $636 (32%) above the US national median of $1,965/mo. Within Massachusetts, it ranks #67 out of 107 tracked cities.

Income Affordability

29%

AFFORDABLE

At $2,601/mo, rent takes ~29% of Norwood's median household income ($107,030/yr). The standard benchmark is 30%.

Norwood 29%Benchmark 30%

State income tax5%

Run the Norwood affordability calculator →

Nearby cities