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ZIP Code · CT

ZIP 06850

Part of Norwalk, CT
Pop. 19,692·Fairfield County·14th most expensive ZIP in Connecticut
Median rent (all units)
$2,807/mo
Year-over-Year
+9.2%
Month-over-Month
-1.7%
vs US Median
+$845
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 06850 · $2,807
More expensive than 87% of US ZIP codes · National median $1,962/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: August 17, 2026

Annual cost
$33,684/yr
At $2,807/mo median
Location
StateCT
CountyFairfield County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (9.2% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+9.2% YoY, -1.7% 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 → $2,807
up 38.1%
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 $775 per month, settling near $2,807 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 21.7 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: August 17, 2026

ZIP code 06850 covers Norwalk, CT. The median rent here is $2,807/mo as of August 2026. A 1-bedroom rents for a median of $2,280/mo. A 2-bedroom rents for a median of $2,720/mo.

At 27% of local median household income ($123,633/yr), ZIP 06850 ranks as affordable compared to the national benchmark of 30%. Rents have increased 9.2% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 06850?

As of August 17, 2026, the median monthly rent in ZIP 06850 (Norwalk, CT) is $2,807. 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 $2,807/mo is $845 (43%) above the US national median of $1,962/mo.

How does ZIP 06850 compare to other ZIPs in Connecticut?

ZIP 06850 is one of the pricier ZIP codes in Connecticut, ranking #14 out of 83 ZIPs tracked at $2,807/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 $112,000/year (~$54/hour full-time) to afford the median rent of $2,807/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 9.2% over the past year as of August 17, 2026, putting upward pressure on renter budgets.

Is ZIP 06850 an affordable place to rent?

ZIP 06850 is considered affordable for renters. At $2,807/mo, rent takes approximately 27% 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 $2,807/mo, it's $105 above the Norwalk citywide median of $2,702/mo.

When was rent data for ZIP 06850 last updated?

Rent data for ZIP 06850 reflects August 17, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
27%
AFFORDABLE

At $2,807/mo, rent takes ~27% of ZIP 06850's median household income ($123,633/yr). The standard benchmark is 30%.

ZIP 06850 27%Benchmark 30%
State income tax3–6.99%
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Schools nearby

Public schools near ZIP 06850 (Norwalk, CT)

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