Cheapest Neighborhoods in Norwalk, CT
Some of the cheapest neighborhoods in Norwalk are Norwalk Green Historic District, Merritt, and Silvermine. These neighborhoods offer some of the lowest rent prices in Norwalk, making them ideal for renters on a budget. As of July 29, 2026, the average rent in Norwalk is $2,515, which is 1.1% lower than last year. However, it's important to remember that rental prices can vary significantly based on factors such as location, amenities, and floor plans.
Norwalk Green Historic District
Average Rent
$2,340/Month
Units Available
24 Rentals
If you’re looking for a great, affordable neighborhood in Norwalk, Norwalk Green Historic District might be the perfect place! It has an average rent price of $2,340, while the city’s average stands at $2,515.
Merritt
Average Rent
$2,393/Month
Year-Over-Year Rent Change
0.7%
Units Available
35 Rentals
Merritt is a top choice for budget-conscious renters for a variety of reasons. The average rent in Merritt is $2,393 while the city average is $2,515. This is a 0.7% difference from last year. Residents enjoy convenient access to Westchester County, Center Seven Shopping Center, and New Canaan Nature Center.
Silvermine
Average Rent
$2,445/Month
Units Available
23 Rentals
When you’re looking for a great Norwalk neighborhood on a budget, check out Silvermine. The average rent is $2,445, compared to the city average of $2,515. Silvermine is convenient to Parkway Plaza Shopping Center, University of Connecticut, and Earthplace.
The Green
Average Rent
$2,473/Month
Year-Over-Year Rent Change
0.4%
Units Available
44 Rentals
The Green is an affordable neighborhood in Norwalk with an average rent price of $2,473. Compare this to the city average of $2,515. In the past year, rent prices have increased by 0.4%. The Green provides easy access to Sherwood Island State Park, Stepping Stones Museum for Children, and Design on One.
Wolfpit
Average Rent
$2,480/Month
Year-Over-Year Rent Change
0.5%
Units Available
32 Rentals
If you’re looking for a great, affordable neighborhood in Norwalk, Wolfpit might be the perfect place! It has an average rent price of $2,480, while the city’s average stands at $2,515. In the last year, prices have increased by 0.5%. Wolfpit is near Sherwood Island State Park, Fairfield University, and University of Connecticut.
Wall Street
Average Rent
$2,508/Month
Units Available
41 Rentals
Wall Street is a top choice for budget-conscious renters for a variety of reasons. The average rent in Wall Street is $2,508 while the city average is $2,515.
Golden Hill
Average Rent
$2,583/Month
Units Available
14 Rentals
When you’re looking for a great Norwalk neighborhood on a budget, check out Golden Hill. The average rent is $2,583, compared to the city average of $2,515.
Brookside
Average Rent
$2,598/Month
Year-Over-Year Rent Change
1.2%
Units Available
22 Rentals
Brookside is an affordable neighborhood in Norwalk with an average rent price of $2,598. Compare this to the city average of $2,515. In the past year, rent prices have increased by 1.2%. Brookside provides easy access to Long Island MacArthur, SoundWaters, and University of Connecticut.
SoNo
Average Rent
$2,641/Month
Year-Over-Year Rent Change
2.7%
Units Available
70 Rentals
If you’re looking for a great, affordable neighborhood in Norwalk, SoNo might be the perfect place! It has an average rent price of $2,641, while the city’s average stands at $2,515. In the last year, prices have decreased by 2.7%. SoNo is near Fairfield University, Darien Nature Center, and The Washington Street Historic District.
South Main
Average Rent
$2,750/Month
Units Available
45 Rentals
South Main is a top choice for budget-conscious renters for a variety of reasons. The average rent in South Main is $2,750 while the city average is $2,515.
Ready to make your move to Norwalk? Check out the rent specials, price drops, and great deals on ApartmentFinder.com!
Methodology
Transit Score measures access to public transit. Scores range from 0 (minimal transit) to 100 (rider’s paradise). Learn more about the Transit Score methodology. Rental data is sourced from CoStar Group’s Market Trend reports. As a leading authority in commercial real estate information, analytics, and news, CoStar performs in-depth research to build and sustain an extensive database of commercial real estate insights.
We've combined this data with public records to provide the most current rental information available.