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Merritt River Apartments apartments in Norwalk, CT

Updated

Merritt River Apartments

399 Main Ave, Norwalk, CT 06851, USA

4 (94 reviews) Official Website

Live pricing, refreshed

10
Units Listed
$2,225
Starting at
$2,820
Average
$3,500
Highest
$2.73
Per Sq Ft
PRO
Avg Days Listed

How does this compare? View Norwalk 06851 rent trends

Beds

Pricing by Bedroom

1 Bed
$2,350
from $2,225 · 3 units
~800 sqft avg
2 Bed
$2,942
from $2,700 · 6 units
~1,100 sqft avg
3 Bed
$3,500
from $3,500 · 1 units
~1,338 sqft avg

Rent Distribution

Price by Bedroom

Price Breakdown

Rent by Unit

Price vs. Square Footage

Price History

Timeframe

Property Price Trend

Estimated Building Revenue

How is this calculated?

Rental revenue model

We follow each unit's listing activity at this building every day. When a unit stops being listed, we assume it leased at its last listed rent, adjusted for any advertised move-in special. Revenue is the sum of those assumed lease rents across the building's occupied units.

  • Building size: stated by the property itself
  • Occupancy: building size minus currently listed units
  • Rents: observed lease-offs first, current asking rents as fallback

These are research estimates, not financial statements from the operator. Confidence: high (building size is reported).

Est. Monthly Revenue

$639K

$7.7M annual run rate

Est. Occupancy

96%

of about 229 units (reported building size)

Effective Rent on New Leases

$2,917

vs $2,820 current asking

Recent Lease Activity

41 units tracked; 31 assumed leased, 10 listed now

See which units leased, when they left the market, and the rent they leased at.

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Property Intelligence

How is this calculated?

Negotiation Leverage Score (0-100)

Based on 5 observable signals from the property's listing data:

  • +30 pts: 15+ units currently listed
  • +25 pts: Active move-in specials
  • +20 pts: Deep discounts (>$150/mo off)
  • +15 pts: 5+ distinct floor plans
  • +10 pts: 25+ units listed

All signals come directly from the property's own listings. Occupancy and building size appear only in the Estimated Building Revenue section, and only when the building size is stated by the property or our unit-level observation history is deep enough to model it.

Listed Units

10

Moderate availability

6 floor plans

Move-in Specials

0

No active promotions

Negotiation Leverage

Limited leverage

The available listings show few signs of room to negotiate.

Price vs. Norwalk, CT

Similar

Comparing this building against 5 similar Norwalk, CT apartments by price. Click any bar to view that building.

See rent trends on the Norwalk, CT map Explore Norwalk, CT on the interactive map

Available Units

10 units

Select a unit to see its larger layout, price history, and link to the rental site.

Filter by unit features

Match all selected features. Layout filters use this unit’s matched floor plan. Missing details do not mean a feature is absent.

Unit features
Accessibility listedPro

Counts show listed matches. Accessibility labels do not describe every access need. Confirm specific features with leasing.

1 Bed / 1 Bath Unit 805
$2,225/mo
710 ft² · $3.13/ft²

Available: Feb 1, 2027

1 Bed / 1 Bath Unit 607
$2,225/mo
710 ft² · $3.13/ft²

Available: Dec 7, 2026

1 Bed / 1 Bath Unit 704
$2,600/mo
980 ft² · $2.65/ft²

Available: Nov 2, 2026

2 Bed / 2 Bath Unit 217
$2,700/mo
1,019 ft² · $2.65/ft²

Available: Dec 7, 2026

2 Bed / 2 Bath Unit 224
$2,825/mo
1,019 ft² · $2.77/ft²

Available: Dec 18, 2026

2 Bed / 2 Bath Unit 412
$2,925/mo
1,056 ft² · $2.77/ft²

Available: Jan 11, 2027

2 Bed / 2 Bath Unit 324
$2,925/mo
1,019 ft² · $2.87/ft²

Available: Dec 4, 2027

2 Bed / 2 Bath Unit 314
$2,925/mo
1,056 ft² · $2.77/ft²

Available: Jan 11, 2027

2 Bed / 2 Bath Unit 622
$3,350/mo
1,432 ft² · $2.34/ft²

Available: Jan 15, 2027

3 Bed / 2 Bath Unit 609
$3,500/mo
1,338 ft² · $2.62/ft²

Available: Nov 9, 2026

Garages and parking

Parking, wellness and pet policy details for this building are available to Pro members: garage type and any monthly fee, bike storage, EV charging, amenities such as a sauna or cold plunge, and stated pet rent and weight limits.

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Train activity

Severe nighttime trains

Passenger line 655 ft away · 31 trains/day

  • 19 daytime, 12 overnight
  • Crossing 655 ft away. Horns expected day and night.
  • Operator: MNCW

Why this matters →

City Club

Resident Notes & Access Codes

Real tips from people who lived at this property: what leasing and daily living are actually like, plus the gate, parking, and entry codes you only learn once you move in. See all Norwalk, CT notes

No resident notes for this property yet.

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