City Report · CA

Norwalk

Pop. 99,789·231st most expensive in California·One of the pricier rental markets in the US
Median rent (all units)
$2,662/mo
Year-over-Year
+1.8%
Month-over-Month
+0.7%
vs US Median
+$730
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
Norwalk · $2,662
More expensive than 84% of US cities · National median $1,932/mo
Rent Reality Score
68/100
Good value
OverheatedFairGreat value

Rents are 9% below what Norwalk's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$2,662/mo
Expected by trend
$2,928/mo
The Rent Reality Score compares today's median rent to where Norwalk's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,730
1 BR
$1,940
2 BR
$2,450
3 BR
$3,110
4 BR+
$3,450
Fair Market Rent (HUD)
$2,450/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,662 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.

Source: HUD Small Area Fair Market Rents. Read the methodology →

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

February. Asking rents in Norwalk usually run 0.8% below trend in February and 1.1% above it in July, about $51 a month apart at today's median. Based on 7 years of data.

Compared with the peak

Rent in Norwalk is 0.1% below its high of $2,665 in February 2026, at $2,662 as of September 2026.

Past year vs. the rest of California

Rent in Norwalk changed +1.8% over the year to September 2026. Across the 336 California cities Zillow tracks, the typical change was +3.4%.

Since before the pandemic

Rent in Norwalk is 40.2% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has risen 3 months in a row, and rose in 7 of the last 12 months.

What a typical income covers

30% of the median household income ($100,085) is $2,502 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($2,450); a 3-bedroom is $3,110.

Cheaper nearby

Bellflower, 3 miles away, rents for 17% less ($2,221/mo), about $5,300 a year in savings.

From Zillow's monthly rent index (ZORI) for Norwalk. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$31,944/yr
At $2,662/mo median
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (1.8% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+1.8% YoY, +0.7% MoM), not inventory.
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Demographics

Who lives here

Norwalk, CA is majority owner-occupied, has a median income above the national average, 21.3% of residents hold a bachelor's degree or higher.

Population
99,789
Median income
$100,085
Median age
37.3
Renters
31.7%
Age distribution
21.7%
24.8%
27%
12.1%
14.4%
Under 1821.7%
18–3424.8%
35–5427%
55–6412.1%
65+14.4%
Gender
50.1%
49.9%
Male50.1%
Female49.9%
Race & ethnicity
19.6%
70.4%
13.4%
White19.6%
Black3.9%
Hispanic70.4%
Asian13.4%
Education (25+)
22.9%
27.4%
28.5%
21.3%
No HS diploma22.9%
HS diploma27.4%
Some college28.5%
Bachelor's+21.3%
Housing tenure
68.3%
31.7%
Owner68.3%
Renter31.7%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Norwalk, CA has changed in 5 years

Rent
$2,072 → $2,662
up 28.5%
Income
$83,217 → $100,085
up 20.3%
Population
103,330 → 99,789
down 3.4%
Renter share
33.2% → 31.7%
-1.5 pts
Bachelor's+
20.1% → 21.3%
+1.2 pts
Median age
35.5 → 37.3
+1.8 yrs

Five years ago, renters in Norwalk, CA paid around $2,072 a month. That figure now sits near $2,662, up 28.5% from the 2021 baseline. On the earnings side, the typical household in Norwalk, CA now reports about $100,085, up from $83,217 in 2021. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show Norwalk, CA losing about 3,541 residents over the five-year window, down 3.4% on net. The renter share has eased from 33.2% to 31.7%, with owner-occupied housing accounting for the remainder. For context, the 2021 to 2026 window covers an unusually volatile run for US rents nationally, and Norwalk, CA reflects that arc in its own way.

Community

Discussions about Norwalk

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View Norwalk rent history (2015–2026) →
Salary vs rent

Can you afford rent in Norwalk on your salary?

At $2,662/mo, how Norwalk rent compares to typical pay (30% rule).

By apartment size

Norwalk rent by bedroom count

Median rent for each apartment size in Norwalk. Click any size for full breakdown.

Local insights

Tips for renters in Norwalk

About renting in Norwalk, CA

Last updated: October 17, 2026

The median rent in Norwalk is $2,662/mo as of October 2026. A studio apartment averages $1,730/mo while a 2-bedroom runs $2,450/mo. One-bedroom apartments average $1,940/mo and 3-bedroom units go for $3,110/mo.

At 32% of local median household income ($100,085/yr), Norwalk ranks as moderate compared to the national benchmark of 30%. Rents have increased 1.8% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in Norwalk?

To keep rent at or below 30% of gross income, you would need to earn at least $106,000/year (about $51/hour full-time) to afford the median rent of $2,662/mo in Norwalk. The local median household income is $100,085/yr, so the typical household falls short of that bar.

Is rent going up or down in Norwalk?

Rent in Norwalk has risen 1.8% over the past year as of September 2026. It sits 0.1% below its high of $2,665 in February 2026.

When is the cheapest time to rent in Norwalk?

Asking rents in Norwalk are usually lowest in February, about 0.8% below their yearly trend, and highest in July, about 1.1% above it. At today's median that is a gap of roughly $51 a month. This pattern comes from 7 years of Zillow rent data.

How does Norwalk rent compare to other cities in California?

Norwalk is in the middle among California cities for rent, ranking #231 of 382 tracked cities at $2,662/mo. Over the year to September 2026, rent in Norwalk changed +1.8%, against a typical +3.4% across the 336 California cities Zillow tracks.

Which nearby cities are cheaper to rent in than Norwalk?

Nearby cities with lower median rent than Norwalk ($2,662/mo) include Bellflower ($2,221/mo), and Downey ($2,257/mo).
Income Affordability
32%
MODERATE

At $2,662/mo, rent takes ~32% of Norwalk's median household income ($100,085/yr). The standard benchmark is 30%.

Norwalk 32%Benchmark 30%
State income tax1–13.3%
Run the Norwalk affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Norwalk, CA

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