- Connecticut
- Norwalk
- Renter Market Trends
Rental market trends in Norwalk, CT
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Average Apartment Cost in Norwalk, CT
The average rent for apartments in Norwalk, CT, is between $2,417 and $3,175 in 2024. For a studio apartment in Norwalk, CT, the average rent is $2,517. When it comes to 1-bedroom apartments, the average rent in Norwalk, CT, is $2,417. For a 2-bedroom apartment, the average rent is $3,175.
Apartment Rent Ranges in Norwalk, CT
| Apartment Prices | Proportion | |||
|---|---|---|---|---|
0% | 0% | 0% | 26% | 74% |
Neighborhood Apartment Rent Trends in Norwalk, CT
| Neighborhood | Studio Avg Rent | Annual Change |
|---|---|---|
| East Norwalk | $2,547 | -- |
| South Norwalk | $2,415 | -- |
| Wall Street | $2,267 | -- |
| Neighborhood | 1 Bed Avg Rent | Annual Change |
|---|---|---|
| Wall Street | $3,126 | 0% |
| East Norwalk | $3,060 | -- |
| South Norwalk | $2,809 | -- |
| Neighborhood | 2 Beds Avg Rent | Annual Change |
|---|---|---|
| East Norwalk | $4,509 | -- |
| South Norwalk | $3,735 | -- |
| Wall Street | $3,382 | -14% |
| West Norwalk | $2,358 | 0% |
How Other Cities Compare to Norwalk, CT
| City | Studio Avg Rent | Annual Change |
|---|---|---|
| New York | $4,186 | -1% |
| Weehawken | $3,884 | +15% |
| Brooklyn | $3,653 | +41% |
| Long Island City | $3,605 | +6% |
| Jersey City | $3,377 | -8% |
| Hoboken | $3,257 | +1% |
| Stamford | $2,132 | +11% |
| Queens | $1,900 | +9% |
| Montclair | $1,872 | +13% |
| Bronx | $1,517 | -35% |
| City | 1 Bed Avg Rent | Annual Change |
|---|---|---|
| New York | $5,421 | +1% |
| Weehawken | $4,791 | +34% |
| Brooklyn | $4,529 | +21% |
| Long Island City | $4,242 | +5% |
| Jersey City | $3,790 | -7% |
| Hoboken | $3,681 | +21% |
| Stamford | $2,812 | +9% |
| Montclair | $2,495 | +5% |
| Queens | $2,350 | +7% |
| Bronx | $1,767 | 0% |
| City | 2 Beds Avg Rent | Annual Change |
|---|---|---|
| New York | $7,598 | -4% |
| Weehawken | $6,703 | +26% |
| Brooklyn | $6,508 | +132% |
| Long Island City | $6,285 | +2% |
| Jersey City | $5,031 | +5% |
| Hoboken | $4,592 | +7% |
| Stamford | $3,720 | +8% |
| Montclair | $2,924 | +8% |
| Queens | $2,800 | +12% |
| Bronx | $2,017 | -27% |
Norwalk, CT Rent Trends
| Studio | 1 Bed | 2 Beds | ||||||||||
| Oct 2023 | Nov 2023 | Dec 2023 | Jan 2024 | Feb 2024 | Mar 2024 | Apr 2024 | May 2024 | Jun 2024 | Jul 2024 | Aug 2024 | Sep 2024 | Oct 2024 |
| $2620 | $2620 | $2250 | $2088 | $2099 | $2269 | $2060 | $2060 | $3299 | $3149 | $1960 | $2517 | $2517 |
| $2325 | $2325 | $2338 | $2336 | $2327 | $2318 | $2309 | $2300 | $2300 | $2325 | $2382 | $2382 | $2382 |
| $3296 | $2925 | $3349 | $3354 | $2762 | $2762 | $2825 | $2825 | $2825 | $2825 | $3312 | $3170 | $3170 |
| $3500 | $3500 | $3500 | $3500 | $3500 | $3500 | $3500 | $3500 | $3500 | $3500 | $3500 | $3500 | $3500 |
