Cheapest Neighborhoods in Norwalk, CT
Some of the cheapest neighborhoods in Norwalk are Merritt, Silvermine, and Wolfpit. These neighborhoods offer some of the lowest rent prices in Norwalk, making them ideal for renters on a budget. As of June 13, 2026, the average rent in Norwalk is $2,493, which is 0.8% 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.
Merritt
Average Rent
$2,427/Month
Year-Over-Year Rent Change
3.2%
Units Available
47 Rentals
Merritt is a top choice for budget-conscious renters for a variety of reasons. The average rent in Merritt is $2,427 while the city average is $2,493. This is a 3.2% difference from last year. Residents enjoy convenient access to Town Line Shopping Center, University of Connecticut, and Wal-Mart Center.
Silvermine
Average Rent
$2,430/Month
Units Available
32 Rentals
When you’re looking for a great Norwalk neighborhood on a budget, check out Silvermine. The average rent is $2,430, compared to the city average of $2,493. Silvermine is convenient to Tweed/New Haven, Fairfield University, and Sacred Heart University.
Wolfpit
Average Rent
$2,820/Month
Year-Over-Year Rent Change
1.5%
Units Available
38 Rentals
Wolfpit is an affordable neighborhood in Norwalk with an average rent price of $2,820. Compare this to the city average of $2,493. In the past year, rent prices have increased by 1.5%. Wolfpit provides easy access to The Rolnick Observatory, Fairfield University, and Earthplace.
SoNo
Average Rent
$2,821/Month
Year-Over-Year Rent Change
3.4%
Units Available
55 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 $2,821, while the city’s average stands at $2,493. In the last year, prices have decreased by 3.4%. SoNo is near Sherwood Island State Park, The Maritime Aquarium, and Westchester County.
The Green
Average Rent
$2,929/Month
Units Available
18 Rentals
The Green is a top choice for budget-conscious renters for a variety of reasons. The average rent in The Green is $2,929 while the city average is $2,493. This is a 0% difference from last year. Residents enjoy convenient access to Amazing Shopping Center, University of Connecticut, and University of Bridgeport.
Downtown Norwalk
Average Rent
$3,053/Month
Year-Over-Year Rent Change
1.9%
Units Available
226 Rentals
When you’re looking for a great Norwalk neighborhood on a budget, check out Downtown Norwalk. The average rent is $3,053, compared to the city average of $2,493. Rent prices have decreased by 1.9%. Downtown Norwalk is convenient to Amazing Shopping Center, Long Island MacArthur, and Stepping Stones Museum for Children.
East Norwalk
Average Rent
$3,172/Month
Year-Over-Year Rent Change
3.1%
Units Available
91 Rentals
East Norwalk is an affordable neighborhood in Norwalk with an average rent price of $3,172. Compare this to the city average of $2,493. In the past year, rent prices have decreased by 3.1%. East Norwalk provides easy access to Westchester County, The SoNo Collection, and The Washington Street Historic District.
Strawberry Hill
Average Rent
$3,242/Month
Units Available
76 Rentals
If you’re looking for a great, affordable neighborhood in Norwalk, Strawberry Hill might be the perfect place! It has an average rent price of $3,242, while the city’s average stands at $2,493. Strawberry Hill is near The Maritime Aquarium, Darien Nature Center, and Marshalls Plaza.
Spring Hill
Average Rent
$3,378/Month
Year-Over-Year Rent Change
1.5%
Units Available
44 Rentals
Spring Hill is a top choice for budget-conscious renters for a variety of reasons. The average rent in Spring Hill is $3,378 while the city average is $2,493. This is a 1.5% difference from last year. Residents enjoy convenient access to Sacred Heart University, New Canaan Nature Center, and University of Connecticut.
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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.