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ZIP Code · CT

ZIP 06854

Part of Norwalk, CT
Pop. 32,118·Fairfield County·19th most expensive ZIP in Connecticut
Median rent (all units)
$2,596/mo
Year-over-Year
+0.7%
Month-over-Month
-2.3%
vs US Median
+$631
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 06854 · $2,596
More expensive than 81% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,620
1 BR
$1,960
2 BR
$2,350
3 BR
$2,860
4 BR+
$3,310
Research median
$2,350/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
$31,152/yr
At $2,596/mo median
Location
StateCT
CountyFairfield County
Rent Market Meter
Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are softening (up only 0.7% YoY), so renters have negotiating leverage.
Based on rent-price momentum (+0.7% YoY, -2.3% MoM), not inventory.
Demographics

Who lives here

ZIP 06854 (Norwalk, CT) is roughly split between renters and owners, 35.5% of residents hold a bachelor's degree or higher.

Population
32,118
Median income
$86,679
Median age
37.7
Renters
52.9%
Age distribution
22.3%
24.5%
24.7%
13.3%
15.2%
Under 1822.3%
18–3424.5%
35–5424.7%
55–6413.3%
65+15.2%
Gender
52.4%
47.6%
Male52.4%
Female47.6%
Race & ethnicity
32.4%
24.6%
41.8%
White32.4%
Black24.6%
Hispanic41.8%
Asian3.6%
Education (25+)
15%
25.6%
23.9%
35.5%
No HS diploma15%
HS diploma25.6%
Some college23.9%
Bachelor's+35.5%
Housing tenure
47.1%
52.9%
Owner47.1%
Renter52.9%

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

2021 vs 2026

How ZIP 06854 in Norwalk, CT has changed in 5 years

Rent
$1,993 → $2,596
up 30.3%
Income
$73,552 → $86,679
up 17.8%
Population
30,352 → 32,118
up 5.8%
Renter share
51.7% → 52.9%
+1.2 pts
Bachelor's+
36.9% → 35.5%
-1.4 pts
Median age
36.6 → 37.7
+1.1 yrs

Since 2021, the typical rent in ZIP 06854 in Norwalk, CT has increased from $1,993 to $2,596, a 30.3% change over five years. Household income in the area moved from $73,552 to $86,679 across the same window, up 17.8% versus 2021. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has grown by 5.8% since 2021, moving from about 30,352 residents to roughly 32,118. Reading these numbers side by side helps frame whether current listings in ZIP 06854 in Norwalk, CT look reasonable against where the market sat half a decade ago.

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Local insights

Tips for renters in ZIP 06854

About renting in ZIP 06854

Last updated: July 20, 2026

ZIP code 06854 covers Norwalk, CT. The median rent here is $2,596/mo as of July 2026. A 1-bedroom rents for a median of $1,960/mo. A 2-bedroom rents for a median of $2,350/mo.

At 36% of local median household income ($86,679/yr), ZIP 06854 ranks as moderate compared to the national benchmark of 30%. Rents have increased 0.7% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 06854?

As of July 20, 2026, the median monthly rent in ZIP 06854 (Norwalk, CT) is $2,596. This is based on aggregated data from public sources and community submissions.

How does ZIP 06854 rent compare to the US average?

ZIP 06854's median rent of $2,596/mo is $631 (32%) above the US national median of $1,965/mo.

How does ZIP 06854 compare to other ZIPs in Connecticut?

ZIP 06854 is one of the pricier ZIP codes in Connecticut, ranking #19 out of 85 ZIPs tracked at $2,596/mo.

How much income do you need to rent in ZIP 06854?

To keep rent at or below 30% of gross income, you would need to earn at least $104,000/year (~$50/hour full-time) to afford the median rent of $2,596/mo in ZIP 06854. The local median household income is $86,679/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 06854?

Rent in ZIP 06854 has increased 0.7% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 06854 an affordable place to rent?

ZIP 06854 is considered moderate for renters. At $2,596/mo, rent takes approximately 36% of the local median household income ($86,679/yr). The standard benchmark is 30%. ZIP 06854 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 06854 residents rent vs. own?

According to Census data, approximately 52.9% of ZIP 06854 households are renters, while 47.1% are owner-occupied. With a majority renter population, ZIP 06854 has a strong rental market.

How does ZIP 06854 compare to the rest of Norwalk?

ZIP 06854 is more affordable than Norwalk overall. At $2,596/mo, it's $122 below the Norwalk citywide median of $2,718/mo.

When was rent data for ZIP 06854 last updated?

Rent data for ZIP 06854 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
36%
MODERATE

At $2,596/mo, rent takes ~36% of ZIP 06854's median household income ($86,679/yr). The standard benchmark is 30%.

ZIP 06854 36%Benchmark 30%
State income tax3–6.99%
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Schools nearby

Public schools near ZIP 06854 (Norwalk, CT)

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