Alivia Townhomes
11201 Carmenita Rd,
Whittier, CA 90605
1-2 Beds | $2,735 - $3,695
Rental Market Trends in Norwalk, CA
What is the average rent in Norwalk, CA?
$1,918/month
Average Rent
581 Sq Ft
Average Apartment Size
+3.7%
Increase in the Last Year
As of December 2024, the average rent in Norwalk, CA is $1,918 per month. This is 23% higher than the national average rent price of $1,560/month, making Norwalk one of the most expensive cities in the US. When you rent an apartment in Norwalk, you can expect to pay about $1,632 per month for a studio, $1,918 for a one-bedroom apartment, and around $2,334 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $3,144 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Norwalk, CA?
In the past year, rent has increased by 3.7%, which averages out to $72 more per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated December 2024
Legend
2023
2024
Rent Ranges in Norwalk, CA
Last Updated December 2024
$1,501 - $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
2%
$700 - $1,000/month
9%
$1,001 - $1,500/month
51%
$1,501 - $2,000/month
38%
Above $2,000/month
What salary do I need to live comfortably in Norwalk, CA?
Because the average rent in Norwalk is $1,918, you’ll want to make about $6,393 per month or $76,716 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Norwalk, CA compare to other nearby cities and neighborhoods?
Use the tool below to compare Norwalk, CA to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Nearby City Rent Trends
Apartment communities in Norwalk we think you'll love
Property Management Companies in Norwalk, CA
Advanced Management Company
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63
Communities
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11,666
Units
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28
Cities
5 Communities in Norwalk
L'Abri Management, Inc.
-
33
Communities
-
1,630
Units
-
16
Cities
5 Communities in Norwalk
Mashcole Property Management
-
26
Communities
-
1,456
Units
-
20
Cities
3 Communities in Norwalk
Main Street Management
-
18
Communities
-
1,268
Units
-
12
Cities
3 Communities in Norwalk
Greystar
-
3,191
Communities
-
884,840
Units
-
829
Cities
2 Communities in Norwalk
Cushman & Wakefield
-
550
Communities
-
135,507
Units
-
276
Cities
2 Communities in Norwalk
AMC
-
650
Communities
-
128,259
Units
-
248
Cities
1 Community in Norwalk
Avenue5 Residential
-
518
Communities
-
113,804
Units
-
199
Cities
1 Community in Norwalk
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Methodology
† Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
* Percentages may not total 100 due to rounding.