The Waypointe
515 West Ave,
Norwalk, CT 06850
$2,674 - $5,013 Total Monthly Price
1-3 Beds
Rental Market Trends in Norwalk, CT
What is the average rent in Norwalk, CT?
$2,499/month
Average Rent
770 Sq Ft
Average Apartment Size
+0.1%
Increase in the Last Year
Norwalk, CT Rental Market Overview
The average rent in Norwalk, CT is $2,499 per month. This is 52% higher than the national average rent price of $1,644/month, making Norwalk one of the most expensive cities in the US.
- Studio apartments in Norwalk average $2,140 per month.
- One-bedroom apartments in Norwalk average $2,499 per month.
- Two-bedroom apartments in Norwalk average $3,255 per month.
- Three-bedroom apartments in Norwalk average $3,941 or more per month.
Data Updated: June, 2026
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Norwalk, CT?
In the past year, rent has increased by 0.1%, which averages out to $3 more per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated June 2026
Legend
2025
2026
Rent Ranges in Norwalk, CT
Last Updated June 2026
Above $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
2%
$700 - $1,000/month
8%
$1,001 - $1,500/month
14%
$1,501 - $2,000/month
76%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Norwalk?
Based on current rent prices, Merritt, Silvermine and Wolfpit are the most affordable neighborhoods in Norwalk.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Norwalk?
Based on current rent prices, Strawberry Hill, East Norwalk and Spring Hill are the most expensive neighborhoods in Norwalk.
Neighborhood
Average Rent
Average Sq Ft
Which Norwalk neighborhoods have the most rentals available?
The neighborhoods in Norwalk with the most apartments available are Downtown Norwalk, East Norwalk and Strawberry Hill .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Norwalk, CT?
Because the average rent in Norwalk is $2,499, you’ll want to make about $8,330 per month or $99,960 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Norwalk, CT compare to other nearby cities and neighborhoods?
Use the tool below to compare Norwalk, CT to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Studio
$2,087/month
-
One Bedroom
$2,469/month
-
Two Bedroom
$3,173/month
-
Three Bedroom
$3,367/month
-
Nearby City Rent Trends
Apartment communities in Norwalk we think you'll love
Property Management Companies in Norwalk, CT
Spinnaker Real Estate Partners
-
12
Communities
-
2,002
Units
-
5
Cities
6 Communities in Norwalk
Greystar
-
3,526
Communities
-
969,620
Units
-
899
Cities
3 Communities in Norwalk
Bozzuto
-
374
Communities
-
116,155
Units
-
155
Cities
2 Communities in Norwalk
Navarino Property Group
-
22
Communities
-
1,968
Units
-
18
Cities
2 Communities in Norwalk
Willow Bridge
-
712
Communities
-
196,009
Units
-
336
Cities
1 Community in Norwalk
BH
-
273
Communities
-
84,204
Units
-
156
Cities
1 Community in Norwalk
Winn Companies
-
156
Communities
-
27,421
Units
-
111
Cities
1 Community in Norwalk
Sentinel Real Estate Corporation
-
96
Communities
-
26,011
Units
-
74
Cities
1 Community in Norwalk
Learn More with Helpful Articles
Rental management, simplified
Our all-in-one suite of property manangement software makes the rental process easy. Screen tenants, manage payments, and more – all on Apartments.com
Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.
* Percentages may not total 100 due to rounding.