The typical asking rate per listing is in the $30's per square foot per year. The Norwalk submarket is seeing a a boost in rates. In the last 3 months, the median rate increased $3 per sqft per year. That's a 9% increase in rent.
Compared to the rest of the Fairfield market, the Norwalk submarket has more expensive rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 73 listings have come on the market, so you'll want to check back regularly for new listings. About 1% of the office spaces in the Norwalk are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 3,750 sqft, there are still 0 leases below 2,000 sqft. Most properties in this market are around 3 floors. Most buildings in this area were built in 1980 and are Class B.