Is Norwalk, CT a good place to invest in rental property?

Norwalk, CT has a median modeled monthly cash flow of $-1,590 and a median cap rate of 3.4%, on a median sold price of $690,000. Prices changed +2.3% year over year.

What is the average cap rate in Norwalk, CT?

The median cap rate across recently sold homes in Norwalk, CT is 3.4%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Norwalk, CT?

The median sold price in Norwalk, CT is $690,000 (about $398 per square foot).

Investing in Norwalk, CT Real Estate

A data-driven snapshot of the Norwalk, CT rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$690,000Median sold price

$398Median $/sqft

3.4%Median cap rate

$-1,590Modeled cash flow / mo

+2.3%Appreciation YoY

4.7Months of supply

375Active listings

958Sold (last 12 mo)

What the Norwalk numbers say

In Norwalk, CT, the median home sold for $690,000 (about $398 per square foot), and the typical deal models out to a 3.4% cap rate with a median $-1,590 of monthly cash flow. Sold prices moved +2.3% over the past year. Inventory sits at about 4.7 months of supply. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Connecticut markets to compare

See Norwalk cash-flowing listings

CashFlowRE ranks every for-sale home in Norwalk, CT by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Norwalk deals, or browse the national market data.