How many apartments are available in Kings Highway North Historic District on Rentable.co?

Rentable.co has over 3 apartments available near Kings Highway North Historic District.

How many apartments are available in Norwalk, CT on Rentable.co?

Rentable.co has over 1,303 apartments available in Norwalk.

What is the average rent for a studio apartment in Norwalk, CT?

The average rent for a <a href='/norwalk-ct/studio-apartments-for-rent' >studio apartment</a> in Norwalk is around $2,040 per month.

What is the average rent for a one-bedroom apartment in Norwalk, CT?

The average rent for a <a href='/norwalk-ct/1-bedroom-apartments-for-rent' >one-bedroom apartment</a> in Norwalk is around $2,420 per month.

What is the average rent for a two-bedroom apartment in Norwalk, CT?

The average rent for a <a href='/norwalk-ct/2-bedroom-apartments-for-rent' >two-bedroom apartment</a> in Norwalk is around $3,180 per month.

How expensive is it to rent an apartment in Norwalk, CT?

For a two-bedroom apartment in Norwalk, the average rent price is $3,180 per month, which is higher than the national average of $1,630 per month.

Can I afford an apartment for rent in Norwalk, CT?

Based on average rent prices in Norwalk, to afford a <a href='/norwalk-ct/studio-apartments-for-rent' >studio apartment</a> you would need an annual household income of $82,000 to live comfortably.

Apartments in Kings Highway North Historic District Norwalk

Norwalk:
June Rent Report

Welcome to the June 2024 Norwalk Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the June 2024 key findings and figures for the Norwalk rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Norwalk and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Norwalk average rent prices in the chart below.

Monthly Rent Report

$3,200

$2,400

$1,600

$800

Jul. 2023

Aug. 2023

Sep. 2023

Oct. 2023

Nov. 2023

Dec. 2023

Jan. 2024

Feb. 2024

Mar. 2024

Apr. 2024

May. 2024

Jun. 2024

1 BR 2 BR

Norwalk Rent Prices Increase From May to June

Norwalk rent prices increased over the last month. From May to June, the city experienced a 2.06% increase for the price of a one-bedroom apartment. The rent price for a Norwalk one-bedroom apartments currently stands at $2,382.0.

When we take a look at the two-bedroom comparison from May to June, Norwalk experienced a 4.64% increase for the price of a two-bedroom apartment. The rent price for a Norwalk two-bedroom apartments currently stands at $3,115.0.

June Prices: Norwalk vs. Surrounding Areas

Rent Prices in Norwalk and Surrounding Areas

Rent prices have increased in Norwalk over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Norwalk suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

Rents did not increase in any of the Norwalk suburbs
Rents did not decrease in any of the Norwalk suburbs.

June 2024 Pricing Trends: Norwalk vs. National Comparisons

New York, NY

San Francisco, CA

Washington, DC

Los Angeles, CA

Chicago, IL

Columbus, OH

Minneapolis, MN

Pittsburgh, PA

$4,132

$3,030

$2,390

$2,331

$1,905

$1,353

$1,259

$1,203

$1,350

$2,700

$4,050

$5,400

Median Rent

Norwalk Rent Prices More Affordable Than Major Cities

Rent growth in Norwalk over the past year has been on the rise. When compared to major cities nearby, along with some of the most expensive cities in the country, Norwalk average rent prices appear to be relatively affordable for local residents.

The price for a Norwalk one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Norwalk and surrounding area rent prices, take a look at the complete data set below.

Data set for Norwalk and suburbs

	1 BR June	1 BR M/M % Change	2 BR June	2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.