Norwalk, CT Rental Market Trends
The average rent for an apartment in Norwalk is $2,338, a change amounting to approximately 0% compared to the previous year.
Average Rent in Norwalk, CT
|Average Rent||Y-o-Y Change||Average Apartment Size|
|$2,338||0%||962 sq. ft.|
The average size for a Norwalk, CT apartment is 962 square feet, but this number varies greatly depending on apartment type. 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
- > $2,00077%
Norwalk, CT Occupied Housing Units
- Renter-occupied Households33%
- Owner-occupied Households66%
11,146 or 33% of the households in Norwalk, CT are renter-occupied while 22,239 or 66% are owner-occupied.
Norwalk, CT Rent Trends
|Mar / 2019||Oct / 2019|
Average Rent in Norwalk, CT By Neighborhood
|Spring Hill - Hospital||$2,309|
The most affordable neighborhoods in Norwalk are Harborview, where the average rent goes for $2,263/month, Wilson Point, where renters pay $2,263/mo on average, and Flax Hill, where the average rent goes for $2,284/mo. If you’re looking for other great deals, check out the listings from Golden Hill ($2,284), Harbor Shores ($2,284), and Lexington Avenue ($2,284), where the asking prices are below the average Norwalk rent of $2,338/mo.
The most expensive neighborhoods in Norwalk are Tracy ($2,467), West Main ($2,467) and Wilton Avenue ($2,467).
Norwalk | Rent Comparison by Neighborhood
Rent in Broad River is 4% lower than in East Norwalk
Broad River rent is 1% lower than Norwalk average
East Norwalk rent is 3% higher than Norwalk average
How Does Norwalk Compare to Nearby Cities
|Average Rent||Y-o-Y Change|
For more information about the Norwalk rental trends, check out our monthly rent report