On average, listings lease in the $40's per square foot per year. The Norwalk submarket is seeing a a rise in rates. In the last 3 months, the median rate rose $42 per sqft per year.
Compared to the rest of the Fairfield market, the Norwalk region has more expensive rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 73 listings have been posted online, so you'll want to check back regularly for new listings. About 145% of the listings in the Norwalk are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 3,970 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this area are around 2 floors. Most buildings in this area were built in 1980 and are Class B.