City Report · CT

Norwalk

Pop. 92,187·9th most expensive in Connecticut·One of the pricier rental markets in the US
Median rent (all units)
$2,730/mo
Year-over-Year
+3.1%
Month-over-Month
+0.7%
vs US Median
+$798
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
Norwalk · $2,730
More expensive than 85% of US cities · National median $1,932/mo
Rent Reality Score
57/100
Fairly priced
OverheatedFairGreat value

Rents are 4% below what Norwalk's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$2,730/mo
Expected by trend
$2,834/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
$1,673
1 BR
$2,030
2 BR
$2,443
3 BR
$2,975
4 BR+
$3,300
Fair Market Rent (HUD)
$2,443/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,730 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

January. Asking rents in Norwalk usually run 0.8% below trend in January and 0.6% above it in August, about $38 a month apart at today's median. Based on 11 years of data.

Compared with the peak

Rent in Norwalk is at its highest level since Zillow's records here began in January 2015.

Past year vs. the rest of Connecticut

Rent in Norwalk changed +3.1% over the year to September 2026. Across the 41 Connecticut cities Zillow tracks, the typical change was +3.7%.

Rent vs. income since 2019

From 2019 to 2024, rent in Norwalk rose 35.3% while median household income rose 25.5% ($85,769 to $107,616). Rent outpaced income.

Since before the pandemic

Rent in Norwalk is 42% 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 9 of the last 12 months.

What a typical income covers

30% of the median household income ($107,616) is $2,690 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($2,443); a 3-bedroom is $2,975.

Spread across ZIP codes

The priciest of 4 ZIP codes in Norwalk, 06855 ($2,869/mo), costs 8% more than the cheapest, 06851 ($2,645/mo).

Cheaper nearby

Bridgeport, 13 miles away, rents for 26% less ($2,020/mo), about $8,500 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
$32,760/yr
At $2,730/mo median
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (3.1% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+3.1% YoY, +0.7% MoM), not inventory.
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Demographics

Who lives here

Norwalk, CT is majority owner-occupied, has a median income above the national average, 44.8% of residents hold a bachelor's degree or higher.

Population
92,187
Median income
$107,616
Median age
40.6
Renters
44.4%
Age distribution
18.8%
23.3%
26.5%
14.5%
17%
Under 1818.8%
18–3423.3%
35–5426.5%
55–6414.5%
65+17%
Gender
49.7%
50.3%
Male49.7%
Female50.3%
Race & ethnicity
45.9%
17.6%
32%
White45.9%
Black17.6%
Hispanic32%
Asian4.4%
Education (25+)
22.1%
22.1%
44.8%
No HS diploma11%
HS diploma22.1%
Some college22.1%
Bachelor's+44.8%
Housing tenure
55.6%
44.4%
Owner55.6%
Renter44.4%

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

2021 vs 2026

How Norwalk, CT has changed in 5 years

Rent
$2,081 → $2,730
up 31.2%
Income
$91,434 → $107,616
up 17.7%
Population
90,821 → 92,187
up 1.5%
Renter share
42.9% → 44.4%
+1.5 pts
Bachelor's+
44.3% → 44.8%
+0.5 pts

The median rent in Norwalk, CT stood at $2,081 in 2021 and currently runs about $2,730, reflecting a 31.2% increase over the period. Local incomes tracked alongside that move, going from a median of $91,434 in 2021 to $107,616 more recently. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has grown by 1.5% since 2021, moving from about 90,821 residents to roughly 92,187. Renters now make up 44.4% of households, compared with 42.9% five years ago. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the Norwalk, CT market of 2021.

Community

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

Can you afford rent in Norwalk on your salary?

At $2,730/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, CT

Last updated: October 17, 2026

The median rent in Norwalk is $2,730/mo as of October 2026. A studio apartment averages $1,673/mo while a 2-bedroom runs $2,443/mo. One-bedroom apartments average $2,030/mo and 3-bedroom units go for $2,975/mo.

At 30% of local median household income ($107,616/yr), Norwalk ranks as moderate compared to the national benchmark of 30%. Rents have increased 3.1% 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 $109,000/year (about $52/hour full-time) to afford the median rent of $2,730/mo in Norwalk. The local median household income is $107,616/yr, so the typical household falls short of that bar.

Is rent going up or down in Norwalk?

Rent in Norwalk has risen 3.1% over the past year as of September 2026. That is the highest level since Zillow's records here began in January 2015.

When is the cheapest time to rent in Norwalk?

Asking rents in Norwalk are usually lowest in January, about 0.8% below their yearly trend, and highest in August, about 0.6% above it. At today's median that is a gap of roughly $38 a month. This pattern comes from 11 years of Zillow rent data.

Has rent outpaced income in Norwalk?

Yes. From 2019 to 2024, rent in Norwalk rose 35.3% while median household income rose 25.5%, from $85,769 to $107,616. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

Which Norwalk neighborhoods have the lowest rent?

The most affordable ZIP codes in Norwalk are 06851 ($2,645/mo), 06854 ($2,722/mo), and 06850 ($2,767/mo). Citywide, the median rent is $2,730/mo.

How does Norwalk rent compare to other cities in Connecticut?

Norwalk is one of the pricier among Connecticut cities for rent, ranking #9 of 54 tracked cities at $2,730/mo. Over the year to September 2026, rent in Norwalk changed +3.1%, against a typical +3.7% across the 41 Connecticut cities Zillow tracks.
Income Affordability
30%
MODERATE

At $2,730/mo, rent takes ~30% of Norwalk's median household income ($107,616/yr). The standard benchmark is 30%.

Norwalk 30%Benchmark 30%
State income tax3–6.99%
Run the Norwalk affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Norwalk, CT

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