Rent in Norfolk, NE
Across Norfolk's 2 ZIP codes, a 2-bedroom typically rents for about $1,007 a month, with figures from $931–$1,082. The highest typical rent is in 68702 ($1,082) and the lowest in 68701 ($931). 1 ZIP has ZIP-level figures from HUD or Census; the other 1 uses the county Fair Market Rent. Owner-occupied homes in Madison County pay about 1.37% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.24% in the week of Oct 29, 2026.
Rent by bedrooms
| Size | Typical | Range across ZIPs | ZIPs |
|---|---|---|---|
| Studio | $753 | $753 | 2 |
| 1 bed | $806 | $745–$866 | 2 |
| 2 beds | $1,007 | $931–$1,082 | 2 |
| 3 beds | $1,251 | $1,102–$1,400 | 2 |
| 4 beds | $1,526 | $1,386–$1,665 | 2 |
Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).
Norfolk ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Norfolk, NE?
- About $1,007 a month: the median of the typical rents in 2 ZIP codes, which range from $931–$1,082. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Norfolk, NE?
- About $806 a month: the median of the typical rents in 2 ZIP codes, which range from $745–$866. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Norfolk, NE?
- About $1,251 a month: the median of the typical rents in 2 ZIP codes, which range from $1,102–$1,400. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Norfolk, NE?
- About $753 a month: the median of the typical rents in 2 ZIP codes, which range from $753. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Norfolk, NE?
- About $1,526 a month: the median of the typical rents in 2 ZIP codes, which range from $1,386–$1,665. Figures are gross rent (rent plus tenant-paid utilities).
- Which Norfolk ZIP code has the highest rent?
- For a 2-bedroom, 68702 has the highest typical rent at $1,082 a month, and 68701 the lowest at $931.
- What is the property tax rate in Norfolk, NE?
- Owner-occupied homes in Madison County pay a typical 1.37% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
- What is the current 30-year mortgage rate?
- The 30-year fixed rate averaged 7.24% in the week of Oct 29, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
- Where do these Norfolk rent figures come from?
- Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).