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ZIP Code · CT

ZIP 06850

Part of Norwalk, CT
Pop. 19,692·Fairfield County·13th most expensive ZIP in Connecticut
Median rent (all units)
$2,856/mo
Year-over-Year
+10.5%
Month-over-Month
+4.0%
vs US Median
+$891
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 06850 · $2,856
More expensive than 88% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,880
1 BR
$2,280
2 BR
$2,720
3 BR
$3,290
4 BR+
$3,900
Research median
$2,720/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$34,272/yr
At $2,856/mo median
Location
StateCT
CountyFairfield County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 10.5% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+10.5% YoY, +4.0% MoM), not inventory.
Demographics

Who lives here

ZIP 06850 (Norwalk, CT) is roughly split between renters and owners, has a median income above the national average, 51.2% of residents hold a bachelor's degree or higher.

Population
19,692
Median income
$123,633
Median age
40
Renters
45.9%
Age distribution
16.4%
26.9%
26.1%
15.2%
15.4%
Under 1816.4%
18–3426.9%
35–5426.1%
55–6415.2%
65+15.4%
Gender
47.5%
52.5%
Male47.5%
Female52.5%
Race & ethnicity
48.8%
14.7%
30%
White48.8%
Black14.7%
Hispanic30%
Asian5.6%
Other0.8%
Education (25+)
19.2%
21.3%
51.2%
No HS diploma8.3%
HS diploma19.2%
Some college21.3%
Bachelor's+51.2%
Housing tenure
54.1%
45.9%
Owner54.1%
Renter45.9%

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

2021 vs 2026

How ZIP 06850 in Norwalk, CT has changed in 5 years

Rent
$2,032 → $2,856
up 40.6%
Income
$106,259 → $123,633
up 16.4%
Population
19,158 → 19,692
up 2.8%
Renter share
41.8% → 45.9%
+4.1 pts
Bachelor's+
53.2% → 51.2%
-2.0 pts
Median age
40.9 → 40
-0.9 yrs

Compared with 2021, rent in ZIP 06850 in Norwalk, CT has climbed by $824 per month, settling near $2,856 after starting the period at $2,032. Household income in the area moved from $106,259 to $123,633 across the same window, up 16.4% versus 2021. Rent outpaced income growth by roughly 24.2 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Headcount in the area went from 19,158 to 19,692 between 2021 and 2024, a 2.8% change. About 45.9% of households rent today, against 41.8% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher slipped from 53.2% to 51.2%. Reading these numbers side by side helps frame whether current listings in ZIP 06850 in Norwalk, CT look reasonable against where the market sat half a decade ago.

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Local insights

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About renting in ZIP 06850

Last updated: July 20, 2026

ZIP code 06850 covers Norwalk, CT. The median rent here is $2,856/mo as of July 2026. A 1-bedroom rents for a median of $2,280/mo. A 2-bedroom rents for a median of $2,720/mo.

At 28% of local median household income ($123,633/yr), ZIP 06850 ranks as affordable compared to the national benchmark of 30%. Rents have increased 10.5% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 06850?

As of July 20, 2026, the median monthly rent in ZIP 06850 (Norwalk, CT) is $2,856. This is based on aggregated data from public sources and community submissions.

How does ZIP 06850 rent compare to the US average?

ZIP 06850's median rent of $2,856/mo is $891 (45%) above the US national median of $1,965/mo.

How does ZIP 06850 compare to other ZIPs in Connecticut?

ZIP 06850 is one of the pricier ZIP codes in Connecticut, ranking #13 out of 85 ZIPs tracked at $2,856/mo.

How much income do you need to rent in ZIP 06850?

To keep rent at or below 30% of gross income, you would need to earn at least $114,000/year (~$55/hour full-time) to afford the median rent of $2,856/mo in ZIP 06850. The local median household income is $123,633/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 06850?

Rent in ZIP 06850 has increased 10.5% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 06850 an affordable place to rent?

ZIP 06850 is considered affordable for renters. At $2,856/mo, rent takes approximately 28% of the local median household income ($123,633/yr). The standard benchmark is 30%. ZIP 06850 falls comfortably within that range.

What percentage of ZIP 06850 residents rent vs. own?

According to Census data, approximately 45.9% of ZIP 06850 households are renters, while 54.1% are owner-occupied. ZIP 06850 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 06850 compare to the rest of Norwalk?

ZIP 06850 is pricier than Norwalk as a whole. At $2,856/mo, it's $138 above the Norwalk citywide median of $2,718/mo.

When was rent data for ZIP 06850 last updated?

Rent data for ZIP 06850 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
28%
AFFORDABLE

At $2,856/mo, rent takes ~28% of ZIP 06850's median household income ($123,633/yr). The standard benchmark is 30%.

ZIP 06850 28%Benchmark 30%
State income tax3–6.99%
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Schools nearby

Public schools near ZIP 06850 (Norwalk, CT)

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