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170 Luxury Apartments for rent in Norwalk, CT

Last updated October 22 at 3:22pm UTC
65 Wolfpit Ave Apt 5E
Wolfpit
Norwalk, CT
Updated October 22 at 12:48pm UTC
2 Bedrooms
$2,400
6 Pleasant Street
East Norwalk
Norwalk, CT
Updated October 20 at 6:40am UTC
3 Bedrooms
$2,450
34 Clay Street
Norwalk
Norwalk, CT
Updated October 20 at 6:39am UTC
3 Bedrooms
$2,500
1 Pine Street
Norwalk
Norwalk, CT
Updated October 19 at 10:37pm UTC
2 Bedrooms
$2,850
8 Nylked Terrace
Rowayton
Norwalk, CT
Updated October 18 at 11:49pm UTC
5 Bedrooms
$10,000
1 Briarwood Road
Silvermine
Norwalk, CT
Updated October 13 at 5:20am UTC
2 Bedrooms
$2,300
11 Witch Lane
Rowayton
Norwalk, CT
Updated October 10 at 10:34am UTC
3 Bedrooms
$5,900
11 Hawkins Avenue
East Norwalk
Norwalk, CT
Updated October 3 at 10:43pm UTC
4 Bedrooms
$3,800
21 Point Road
Wilson Point
Norwalk, CT
Updated October 3 at 2:41am UTC
7 Bedrooms
$12,500
55 Bluff Avenue
Rowayton
Norwalk, CT
Updated October 2 at 11:02pm UTC
3 Bedrooms
$10,000
10 Bittersweet Trail
Rowayton
Norwalk, CT
Updated September 27 at 6:26am UTC
5 Bedrooms
$8,500
74 Crooked Trail
Rowayton
Norwalk, CT
Updated September 13 at 11:25pm UTC
4 Bedrooms
$5,000
3 Valley View Road
Norwalk
Norwalk, CT
Updated August 28 at 4:26am UTC
3 Bedrooms
$2,495
1 Hill Court
Springhill
Norwalk, CT
Updated August 9 at 2:55pm UTC
3 Bedrooms
$2,800
Results within 1 miles of Norwalk, CT
28 Harbor Road
Saugatuck
Westport, CT
Updated October 22 at 2:43pm UTC
4 Bedrooms
$24,000
9 Cockenoe Drive
Saugatuck
Westport, CT
Updated October 16 at 6:17am UTC
3 Bedrooms
$3,850
76 Wilton Crest
, CT
Updated October 9 at 3:37am UTC
2 Bedrooms
$2,650
2 Broadview Road
Old Hill
Westport, CT
Updated September 11 at 10:50pm UTC
6 Bedrooms
$60,000

October 2018 Norwalk Rent Report

Welcome to the October 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
Norwalk

October 2018 Norwalk Rent Report

Welcome to the October 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 0.8% over the past month, and have increased significantly by 5.0% in comparison to the same time last year. Currently, median rents in Norwalk stand at $1,410 for a one-bedroom apartment and $1,780 for a two-bedroom. This is the third straight month that the city has seen rent increases after a decline in June. Norwalk's year-over-year rent growth leads the state average of 1.1%, as well as the national average of 0.9%.

Rents rising across cities in Connecticut

Throughout the past year, rent increases have been occurring not just in the city of Norwalk, but across the entire state. Of the largest 10 cities that we have data for in Connecticut, 9 of them have seen prices rise. The state as a whole logged rent growth of 1.1% 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 $1,900; of the 10 largest cities in the state that we have data for, Meriden, where a two-bedroom goes for $1,240, is the only major city to see rents fall year-over-year (-1.0%).
  • Manchester, Norwalk, and West Haven have all experienced year-over-year growth above the state average (8.2%, 5.0%, and 2.3%, respectively).

Many large cities nationwide show more affordable rents compared to Norwalk

As rents have increased significantly in Norwalk, a few large cities nationwide have seen rents grow more modestly, or in some cases, even decline. Compared to most large cities across the country, Norwalk is less affordable for renters.

  • Norwalk's median two-bedroom rent of $1,780 is above the national average of $1,180. Nationwide, rents have grown by 0.9% over the past year compared to the 5.0% increase in Norwalk.
  • While Norwalk's rents rose significantly over the past year, the city of Seattle saw a decrease of 1.6%.
  • 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.

Methodology:

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.