States › California › Norwalk

Is Norwalk, CA expensive to live in?

OKRent takes 29 cents of every $1 people earn here.
🏠 Rent per month (2026)$2,60749% higher than U.S. average
💵 Families earn per year (2026)$107,942about $8,995/month · 24% higher than U.S. average
🔑 House price$644,70094% higher than U.S. average

Rent is higher than in 88% of U.S. cities. A typical house costs about 6.0 years of household income.

How much money do I need?

To rent here comfortably, you should earn about $104,280 a year. That is $50 an hour at a full-time job.

Is rent cheaper than other California cities?

No. Rent here is more expensive than in most of California. It is number 413 of 653 cities from cheapest to most expensive.

Norwalk
$2,607
Vista
$2,766
Hesperia
$1,918
Daly City
$2,925
Chico
$1,675
Vacaville
$2,733
Tracy
$2,644

How much do households earn in Norwalk?

Under $25k
9.1%
$25k–50k
16.1%
$50k–100k
33.5%
$100k–150k
23.8%
$150k+
14.3%

Share of households by yearly income. 38.1% of households earn $100,000 or more.

Rent by apartment size in Norwalk

SizeNorwalkU.S. average
Studio$1,645$1,338
1 bedroom$1,746$1,324
2 bedrooms$2,255$1,509
3 bedrooms$2,835$1,698
4 bedrooms$2,859$2,098

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Norwalk overall?

Everyday prices in California overall are 11% above the U.S. average (index 110.7, U.S. = 100).

Housing
154
Goods (food, clothes…)
106
Utilities
159
Other services
103
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Norwalk, so the California figure is shown.

Taxes and bills in Norwalk

🏛️ Property tax$4,424a year · 0.69% of home value · U.S. $3,119
⚡ Electric bill$121a month (typical) · U.S. $156

Life in Norwalk

Commute to work29.5 minU.S.: 26.4 min
College degree21.3%U.S.: 35.7%
Own their home68.3%U.S.: 65.2%
Below poverty line9.3%U.S.: 12.5%
Unemployment5.7%U.S.: 5.2%

Is it cheaper to rent or buy in Norwalk?

Renting is cheaper right now: about $1,866 a month less.

Renting
$2,607
Owning
$4,473

Owning assumes a typical $644,700 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $64,470 for the down payment.

Frequently asked questions

What is the average rent in Norwalk, CA?

Renting in Norwalk costs a median of about $2,607 a month in 2026, including utilities. The California median is $2,357.

How much do I need to make to live in Norwalk?

To keep rent under 30% of income, you need about $104,280 a year, or $50 an hour at a full-time job.

Is Norwalk cheap or expensive?

Norwalk is rated OK: rent takes 29.0% of the typical household income of $107,942. It ranks 413th cheapest of 653 California cities we track.

How much are property taxes in Norwalk?

The median homeowner in Norwalk pays $4,424 a year in property taxes, about 0.69% of the median home value.

Is Norwalk more expensive than the national average?

Overall prices in California are 11% above the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Norwalk?

The median home value in Norwalk is $644,700, about 6.0 times the typical yearly household income.

99,789 people live in Norwalk. Numbers are typical (middle) values.