Norwalk, CT has a population of 87,930, including 54% white, 25% latino, and 15% black.
Population | 88,537 |
Median Age | 39.2 |
Poverty Rate | 9% |
Household Income | $81,546 |
Number Of Employees | 48,441 |
Median Property Value | $421,900 |
The median household income in Norwalk, CT is around $80,896, while the median age is 39.3. This city is a home to major universities: Associate's Colleges: High Transfer-Mixed Traditional/Nontraditional, Associate's Colleges, and Norwalk Community College. 48,767 employees work in Norwalk, CT. The homeownership rate among the residents is 61.14%. The median property value that you should keep in mind is $416,800.
Rent Price |
Apr | vs Last Month |
---|---|---|
Studio apartments | $2,701 | +80.4% |
1-bed apartments | $2,967 | +5.3% |
2-bed apartments | $3,545 | +31.5% |
3-bed apartments | $10,103 | +134.6% |
4+ bed apartments | $24,293 | +78.6% |
Over the April 2023, the average rent for an apartment in/near Norwalk, CT increased by 129.7% to $8,084.
Compared to the last month, the average price for a rental studio in Norwalk, CT has increased by 80.4%. You can expect to rent the studio for $2,701 on average this month. Breaking it down in details, we now see that the average price for 1-bed apartment increased by 5.3% to $2,967. Pricing for 2-bed apartment also increased by 31.5% and a place of this size will now cost you $3,545. 3-bed apartment rent pricing starts at $10,103, it increased by 134.6% lately. We tend to note the rise of 4- and more bed apartment pricing. It increased by 78.6% and made it up to $24,293.
Rent Type Price |
Apr | vs Last Month |
---|---|---|
Apartments for rent | $5,920 | +61.9% |
Houses for rent | $12,468 | +196.1% |
Condos for rent | $2,533 | +14.3% |
Townhouses for rent | $16,290 | N/A |
The median rent for an apartment in Norwalk, CT increased by 61.9% to $5,920. Statistics show that house rent price increased by 196.1% this month making it up to $12,468. Condos faced an upward trend these days. The median rent for a condo increased by 14.3%, it’s now available for $2,533. If you’re looking for a room, the price tag still starts at $1,600. The median price did not change this time. Townhouse rent pricing didn’t change, the price still starts at $16,290.