On average, listings lease in the $40's per square foot per year. The Norwalk submarket is going through a a boost in rates. In the last 3 months, the median rate rose $4 per sqft per year. That's a 10% increase in rent.
Compared to the rest of the Fairfield market, the Norwalk submarket has greater rates, and you'll need to make a great offer 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 132% of the listings in the Norwalk are subleases, so you might be able to snag a great spot on a short term. 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 5,030 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this region are close to 2 stories. Most buildings in this region were built in 1982 and are Class B.