Norwalk, CT Rental Market Trends
What is the average rent in Norwalk?
The average rent for an apartment in Norwalk is $2,431. The cost of rent varies depending on several factors, including location, size, and quality.
Average Rent in Norwalk, CT
|Average Rent||Average Apartment Size|
|$2,431||977 sq. ft.|
What is the average apartment size in Norwalk?
The average size for a Norwalk, CT apartment is 977 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
12,245 or 35% of the households in Norwalk, CT are renter-occupied while 21,942 or 64% are owner-occupied.
Norwalk, CT Rent Trends
|Jul / 2018||Nov / 2018||Mar / 2019||Jul / 2019||Nov / 2019||Mar / 2020||Jul / 2020||Nov / 2020||Mar / 2021||Nov / 2021|
Average Rent in Norwalk, CT By Neighborhood
|Spring Hill - Hospital||$2,393|
What are the most affordable neighborhoods in Norwalk?
The most affordable neighborhoods in Norwalk are Flax Hill, where the average rent goes for $2,281/month, Golden Hill, where renters pay $2,281/mo on average, and Harbor Shores, where the average rent goes for $2,281/mo. If you’re looking for other great deals, check out the listings from Lexington Avenue ($2,281), Shorefront Park ($2,281), and South Main ($2,281), where the asking prices are below the average Norwalk rent of $2,431/mo.
What are the most expensive neighborhoods in Norwalk?
The most expensive neighborhoods in Norwalk are Tracy ($2,645), West Main ($2,645) and Wilton Avenue ($2,645).
What are the most popular neighborhoods in Norwalk?
The most popular neighborhood in Norwalk is South Norwalk, where there are 9 verified RENTCafé listings with an average rent of $2,281. Next up is North Norwalk, where apartments go for $2,436/month, followed by East Norwalk with $2,565 If you’re looking to rent in Norwalk’s most popular neighborhoods, make sure to also check out Silvermine, where renters pay $2,393 on average, and Broad River, where the average monthly rent is $2,393.
Norwalk | Rent Comparison by Neighborhood
Rent in Broad River is 7% lower than in East Norwalk
Broad River rent is 2% lower than Norwalk average
East Norwalk rent is 6% higher than Norwalk average
How Norwalk Compares to Other Cities
|New York City||$3,609|