1 Apartments under 1200 for rent in Norwalk, CT

Last updated January 11 at 2:29am UTC
Results within 5 miles of Norwalk, CT
923 Hope Street
Stamford, CT
Updated January 11 at 2:29am UTC
1 Bedroom
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March 2018 Norwalk Rent Report

Welcome to the March 2018 Norwalk Rent Report. Norwalk rents increased over the past month. In this report, we'll evaluate trends in the Norwalk rental market, including comparisons to cities throughout the state and nation.

View full Norwalk Rent Report
Rent Report

March 2018 Norwalk Rent Report

Welcome to the March 2018 Norwalk Rent Report. Norwalk rents increased over the past month. In this report, we'll evaluate trends in the Norwalk rental market, including comparisons to cities throughout the state and nation.

Norwalk rents increase sharply over the past month

Norwalk rents have increased 2.3% over the past month, but have remained steady at 0.1% in comparison to the same time last year. Currently, median rents in Norwalk stand at $1,370 for a one-bedroom apartment and $1,720 for a two-bedroom. This is the second straight month that the city has seen rent increases after a decline in December of last year. Norwalk's year-over-year rent growth lags the state average of 1.3%, as well as the national average of 2.3%.

Rents rising across cities in Connecticut

Throughout the past year, rents have remained steady in the city of Norwalk, but other cities across the entire state have seen rents increase. Of the largest 10 cities that we have data for in Connecticut, 7 of them have seen prices rise. The state as a whole logged rent growth of 1.3% over the past year. Here's a look at how rents compare across some of the largest cities in the state.

  • Looking throughout the state, Stamford is the most expensive of all Connecticut's major cities, with a median two-bedroom rent of $1,870; of the 10 largest cities in Connecticut that we have data for, East Hartford, Stamford, and Hartford, where two-bedrooms go for $1,200, $1,870, and $1,090, respectively, are the three major cities in the state to see rents fall year-over-year (-1.1%, -0.6%, and -0.2%).
  • Meriden, New Haven, and New Britain have all experienced year-over-year growth above the state average (3.6%, 3.6%, and 2.0%, respectively).

Many large cities nationwide show more affordable rents compared to Norwalk

Rent growth in Norwalk has been relatively stable over the past year - some other large cities have seen more substantial increases. Compared to most large cities across the country, Norwalk is less affordable for renters.

  • Norwalk's median two-bedroom rent of $1,720 is above the national average of $1,160. Nationwide, rents have grown by 2.3% over the past year compared to the stagnant growth in Norwalk.
  • While rents in Norwalk remained moderately stable this year, similar cities saw increases, including Phoenix (+3.3%), Atlanta (+2.3%), and Seattle (+2.1%); note that median 2BR rents in these cities go for $1,030, $1,160, and $1,640 respectively.
  • Renters will generally find more expensive prices in Norwalk than most large cities. For example, Detroit has a median 2BR rent of $890, where Norwalk is nearly twice that price.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.


Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.