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Average Rent in Norwalk 06850 & Rent Trends

Rent prices and market trends across 1 apartment community in Norwalk 06850, Norwalk, CT. Updated daily.

Market Average

$4,853/mo

▲ +0.1% from last month

Lowest Available

$4,853/mo

cheapest unit on market

Communities

1

tracked daily

Units Listed

1

available now

Norwalk 06850 vs Norwalk, CT Average

Norwalk 06850 is more expensive the Norwalk, CT average by $1,833/mo (61%). The citywide average is $3,020/mo across all neighborhoods.

Is Rent Going Up or Down in Norwalk 06850?

As of May 2026, the average rent in Norwalk 06850 is $4,853 per month across 1 apartment community and 1 available units. Rents have increased $2 (0.1%) over the past month.

The most affordable option is The Waypointe starting at $4,853/mo. By unit type, a 3-bedroom averages $4,853/mo.

Prices range from $4,853 to $4,853 per month. The most common price point is the $4,800 range, where 1 units are currently listed.

Norwalk 06850 Rent Price History

Rent by Bedroom Type in Norwalk 06850

3 Bed
$4,853
from $4,853 · 1 units

Rent Prices by Apartment in Norwalk 06850

Property Starting at Average Units Rating
The Waypointe $4,853/mo $4,853/mo 1 3.9

Frequently Asked Questions About Rent in Norwalk 06850

What is the average rent in Norwalk 06850?
The average rent in Norwalk 06850 is $4,853 per month as of May 2026, based on 1 units across 1 apartment communities.
Is rent going up or down in Norwalk 06850?
Rent in Norwalk 06850 has increased $2 (0.1%) over the past month. The current average is $4,853/mo.
What is the cheapest apartment in Norwalk 06850?
The most affordable apartment in Norwalk 06850 is The Waypointe with units starting at $4,853/mo.
How many apartments are available in Norwalk 06850?
There are 1 units available across 1 apartment communities in Norwalk 06850.

What salary do I need to live comfortably in Norwalk 06850?

Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.

Minimum to afford average rent

$194,000/year

30 percent rule -- using our average rent of $4,853/mo.

Comfortable income

$233,000/year

25 percent rule -- leaves more room for savings, transport, and groceries.

Median household income in Norwalk 06850 is $105,301 , about 55% below the comfortable-living threshold.

Cost of living in Norwalk 06850

Overall prices in Norwalk 06850 runs above the national average by about 7% (BEA Regional Price Parity index 107.0, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Norwalk 06850's regional price parities.

Category Monthly estimate
Rent (market average) $4,853
Utilities $620
Groceries $532
Transportation $1,478
Healthcare $721
Other goods and services $1,154
Estimated total $9,359/mo

Population

91,375

Median household income

$105,301

Census median rent

$2,010/mo

Rent as % of income

29.3%

Median age

40.2

Mean commute

27 min

Methodology

Rent data

Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.

Cost of living

Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.

Salary to live comfortably

Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.

Demographic figures

Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.

Cost of living and demographic figures were last published in 2023.

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