Average Rent in Norwalk, CT

Current Versus Historical Norwalk, CT Rents

Norwalk rentals average $1,763 for a studio rental to $6,475 for a 4-bedroom rental. The median price of all currently available listings is $2,545, or roughly $3 per square feet.

For the apartment units and housing in April 2024, median rents have risen over the last year. Studio rentals prices have increased by $331 (23.31%) year-over-year from $1,419 to $1,750. 1-bedroom rentals prices have increased by $125 (6.58%) year-over-year from $1,900 to $2,025. 2-bedroom rentals prices have increased by $233 (8.98%) year-over-year from $2,592 to $2,825. 3-bedroom rentals prices have increased by $650 (17.81%) year-over-year from $3,650 to $4,300. 4-bedroom rentals prices have decreased by $7,767 (-63.32%) year-over-year from $12,267 to $4,500. Note that this figure includes all active and rented listings throughout the month.

Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 0.19% this month. 1-bedroom rents have gone up by 0.62% this month. 2-bedroom rents have gone up by 1.83% this month. 3-bedroom rents have gone up by 13.91% this month. 4-bedroom rents have gone down by 0.00% this month.

Beds	Price / Sqft	Apr 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$4.15	$1,750	$1,419 (23.31%)	$1,167 (50.00%)
1 BR	$3.08	$2,025	$1,900 (6.58%)	$1,602 (26.38%)
2 BR	$2.67	$2,825	$2,592 (8.98%)	$2,200 (28.41%)
3 BR	$2.23	$4,300	$3,650 (17.81%)	$3,150 (36.51%)
4+ BR	$3.25	$4,500	$12,267 (-63.32%)	$3,992 (12.73%)

Historical Rents in Norwalk, CT

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Norwalk

There are a total of 2 cities nearby Norwalk. The average rent in Norwalk is currently $9,363 per month. Our records show that Stamford, CT, with an average rent of $3,000, is the most affordable city nearby. In contrast, the most expensive city near Norwalk, CT is Westport, CT. Monthly rents here are on average $15,725 per month.

Let's compare Norwalk, CT's rent against other top cities nearby by bedroom size. Typically, rent for studios in Norwalk, CT is 47.87% more expensive than other cities nearby. One bedrooms are about 79.64% more affordable. Two bedrooms in Norwalk, CT are about 69.24% more affordable. Finally, rent for three bedrooms are about 50.51% more affordable. Want more information? Check out the top 2 cities near Norwalk, CT in the following chart.

City	Studio	1 Bed	2 Bed	All
Stamford, CT	$1,838	$2,295	$3,025	$3,000
Westport, CT	N/A	$5,250	$6,950	$15,725

Top Neighborhoods Near Norwalk

View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All

Top Counties Near Norwalk

Some of these counties include Norwalk, CT, Stamford, CT, and Huntington, NY. The average rent for rentals in these counties is $3,137. That's roughly around $3 per sqft. A total of 1 counties have a lower average rent. The county that is the most affordable is Norwalk, CT. It's average rent per month is $2,545. Vice versa, with an average rent of $15,725, Westport, CT is the most expensive county by Norwalk, CT.

Typically, rent for studios in Norwalk, CT is 2.13% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Norwalk, CT is 19.40% more affordable than other counties nearby. Finally, rent for two bedrooms in Norwalk, CT is 7.31% more affordable than other counties nearby. We've listed all of these counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Norwalk, CT	$1,763	$2,100	$2,947	$2,545
Stamford, CT	$1,838	$2,295	$3,025	$3,000
Huntington, NY	$2,095	$2,720	$3,300	$3,273
Westport, CT	N/A	$5,250	$6,950	$15,725

Top Zipcodes Near Norwalk

There are a total of 2 zipcodes in or near Norwalk, CT. The average rent for all of these zipcodes is $9,350.

The following chart includes the top 2 zipcodes in Norwalk, CT. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
06902, Stamford, CT	$1,768	$2,531	$3,100	$3,200
06880, Westport, CT	N/A	$5,250	$6,950	$15,500

Frequently Asked Questions - Norwalk Average Rents

What is the average rent price in Norwalk, CT?

The average monthly rental price for Norwalk, CT apartments for rent is approximately $2,545. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Norwalk, CT rent prices drop in winter?

Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Norwalk, CT.

How much is a studio apartment in Norwalk, CT?

The average monthly rental price for studio apartments is $1,763 and an average price per square feet of $4.15. There are a total of 10 studio apartment listings currently available for rent in Norwalk.

How much is a one bedroom apartment in Norwalk, CT?

The average monthly rental price for one bedroom apartments is $2,100 and an average price per square feet of $3.08. There are a total of 25 one bedroom apartment listings currently available for rent in Norwalk.

How much is a two bedroom apartment in Norwalk, CT?

The average monthly rental price for two bedroom apartments is $2,947 and an average price per square feet of $2.67. There are a total of 17 two bedroom apartment listings currently available for rent in Norwalk.

How have rent prices in Norwalk, CT changed this year?

Rent prices for rentals in Norwalk, CT can fluctuate yearly. Specifically, studio rental prices have changed by 0.23%, one bedroom rental prices have changed by 0.07%, two bedroom rental prices have changed by 0.09%, and three bedroom rental prices have changed by 0.18% year-over-year.

What is a reasonable rent price in Norwalk, CT?

A reasonable rent price in Norwalk, CT is around $2,036/month. You can search for these reasonably priced rental listings on RentHop.