Rent is higher than in 53% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Most households rent (57%), so there are plenty of rental options.
How much money do I need?
To rent here comfortably, you should earn about $68,160 a year. That is $33 an hour at a full-time job.
Is rent cheaper than other Pennsylvania cities?
No. Rent here is more expensive than in most of Pennsylvania. It is number 202 of 269 cities from cheapest to most expensive.
How much do households earn in Norristown?
Share of households by yearly income. 16.8% of households earn $100,000 or more.
Rent by apartment size in Norristown
| Size | Norristown | U.S. average |
|---|---|---|
| Studio | $1,093 | $1,338 |
| 1 bedroom | $1,370 | $1,324 |
| 2 bedrooms | $1,683 | $1,509 |
| 3 bedrooms | $1,850 | $1,698 |
| 4 bedrooms | $2,244 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Norristown overall?
Everyday prices in Pennsylvania overall are 2% below the U.S. average (index 97.6, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Norristown, so the Pennsylvania figure is shown.
Taxes and bills in Norristown
Life in Norristown
Is it cheaper to rent or buy in Norristown?
Buying is cheaper month to month: about $220 a month less than renting.
Owning assumes a typical $213,900 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $21,390 for the down payment.
Frequently asked questions
What is the average rent in Norristown, PA?
Renting in Norristown costs a median of about $1,704 a month in 2026, including utilities. The Pennsylvania median is $1,367.
How much do I need to make to live in Norristown?
To keep rent under 30% of income, you need about $68,160 a year, or $33 an hour at a full-time job.
Is Norristown cheap or expensive?
Norristown is rated OK: rent takes 28.4% of the typical household income of $71,937. It ranks 202nd cheapest of 269 Pennsylvania cities we track.
How much are property taxes in Norristown?
The median homeowner in Norristown pays $4,638 a year in property taxes, about 2.17% of the median home value.
Is Norristown more expensive than the national average?
Overall prices in Pennsylvania are 2% below the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Norristown?
The median home value in Norristown is $213,900, about 3.0 times the typical yearly household income.
35,893 people live in Norristown. Numbers are typical (middle) values.