Norwalk, CT Rental Market Trends
What is the average rent in Norwalk?
The average rent for an apartment in Norwalk is $2,730. The cost of rent varies depending on several factors, including location, size, and quality.
Average rent in Norwalk, CT
Last updated November 2024
| Average Rent | Average Apartment Size |
|---|---|
| $2,730 | 931 sq. ft. |
What is the average apartment size in Norwalk?
The average size for a Norwalk, CT apartment is 931 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Norwalk, CT apartment rent ranges
Norwalk, CT Occupied Housing Units
15,927 or 45% of the households in Norwalk, CT are renter-occupied while 19,345 or 55% are owner-occupied.
Norwalk, CT rent trends
Average Rent in Norwalk, CT By Neighborhood
| City | Average Rent |
|---|---|
| Tracy | $2,998 |
| West Main | $2,998 |
| Wilton Avenue | $2,998 |
| East Norwalk | $2,953 |
| North Norwalk | $2,720 |
| Harborview | $2,646 |
| Wilson Point | $2,646 |
| Broad River | $2,627 |
| Silvermine | $2,627 |
| Spring Hill - Hospital | $2,627 |
| West Norwalk | $2,609 |
| Flax Hill | $2,583 |
| Golden Hill | $2,583 |
| Harbor Shores | $2,583 |
| Lexington Avenue | $2,583 |
| Shorefront Park | $2,583 |
| South Main | $2,583 |
| South Norwalk | $2,583 |
| Village Creek | $2,583 |
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What are the most affordable neighborhoods in Norwalk?
The most affordable neighborhoods in Norwalk are Flax Hill, where the average rent goes for $2,583/month, Golden Hill, where renters pay $2,583/mo on average, and Harbor Shores, where the average rent goes for $2,583/mo. If you’re looking for other great deals, check out the listings from Lexington Avenue ($2,583), Shorefront Park ($2,583), and South Main ($2,583), where the asking prices are below the average Norwalk rent of $2,730/mo.
What are the most expensive neighborhoods in Norwalk?
The most expensive neighborhoods in Norwalk are Tracy ($2,998), West Main ($2,998) and Wilton Avenue ($2,998).
What are the most popular neighborhoods in Norwalk?
The most popular neighborhood in Norwalk is North Norwalk, where there are 14 listings with an average rent of $2,720. Next up is East Norwalk, where apartments go for $2,953/month, followed by South Norwalk with $2,583 If you’re looking to rent in Norwalk’s most popular neighborhoods, make sure to also check out Spring Hill - Hospital, where renters pay $2,627 on average, and Silvermine, where the average monthly rent is $2,627.
Norwalk | Rent Comparison by Neighborhood
Rent in Broad River is 11% lower than in East Norwalk
$2,627
Broad River rent is 4% lower than Norwalk average
Average Rent
$2,627
$2,953
East Norwalk rent is 8% higher than Norwalk average
Average Rent
$2,953
How Norwalk Compares to Other Cities
| State | Average Rent |
|---|---|
| Norwalk | $2,730 |
| New Haven | $2,320 |
| Stamford | $2,919 |
| Meriden | $1,548 |
| Middletown | $1,738 |
| New London | $1,731 |
| Norwich | $1,585 |
| Waterbury | $1,392 |
| Bridgeport | $1,610 |
| Greenwich | $4,232 |
| Shelton | $2,619 |
| Port Chester | $2,546 |
| Darien | $4,173 |
| Fairfield | $2,909 |
| Stratford | $2,229 |
| Trumbull | $2,782 |
| Westport | $2,523 |
| Wilton | $4,675 |
| Harrison | $4,321 |
| New Canaan | $5,133 |
| Rye | $3,016 |
What is the average price for a storage unit in Norwalk?
The average rent for a non-climate-controlled 10'x10' storage unit in Norwalk is $176. Rental costs vary depending on several factors, including unit size and the storage facility's location and amenities.
Most Popular Apartments in Norwalk
Shirt Factory Lofts And The Platform
1 Chestnut St., Norwalk, CT 06854| STUDIO | $2,175+ |
| 1 BED | $2,514+ |
| 2+ BEDS | $3,600+ |
Harbourside SoNo
123 Water St, Norwalk, CT 06854| 1 BED | $2,765+ |
| 2 BEDS | $5,443+ |