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Studio Apartments for Rent in Norwalk, CA

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    Starting at $1,450 Per Month

    • Studio - 2 Beds

    16031 Pioneer Blvd, Norwalk, CA 90650

    Welcome to Olive Tree Apartments! We are located in Norwalk, CA with easy access to the 91 and 605 freeways. We are near shopping malls, banks, public libraries, parks, and the ABC School District. Cerritos Community College is nearby and Los Angeles International Airport is 30 minutes away. Olive Tree rest on 5 acres of spacious grounds with 2 pools and 2 laundry facilities. We offer 4 unique

    Olive Tree

    16031 Pioneer Blvd, Norwalk, CA 90650
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    Starting at $1,780 Per Month

    • Studio - 1 Bed

    12016 Imperial Hwy, Norwalk, CA 90650

    We offer nice and spacious studio and 1 bedroom apartment homes with gas, water, and trash included. Imperial Palms is a gated community in Norwalk, conveniently located close to shopping, schools, public transportation, and the 5 and 605 freeways. We offer on-site laundry facilities, a sparkling pool, playground, picnic and BBQ area, and a friendly on-site management and maintenance team! We are

    Imperial Palms Apartments

    12016 Imperial Hwy, Norwalk, CA 90650
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    $1,508 Per Month

    • Studio
    • 1 Bath
    • Condo for Rent

    11051 Barnwall St Unit 4, Norwalk, CA 90650

    ~1 Month FREE~ Spacious Studio Walk-Up with Loads of Natural Light, On-Site Laundry, and Included Parking ~ In Prime Norwalk! *Move-In Special***Resident will receive a one-time credit of 1 Month FREE off of the Market Rent Price of $1,645. The advertised price is based on the NET EFFECTIVE RENT, which shows the savings as amortized over the entire 12-month lease term.*~ Curb

    11051 Barnwall St Unit 4, Norwalk, CA 90650

Why Live in Norwalk

Norwalk's recreational amenities create an active lifestyle, centered around the comprehensive Norwalk Arts and Sports Complex with its affordable fitness center and diverse sports programs. The Norwalk Cultural Arts Center enriches the community through art classes and exhibitions at the Mary Paxon Art Gallery, while Golf N' Stuff provides family entertainment with mini-golf, arcade games, and go-karts. The city maintains multiple parks including Holifield Park, Vista Verde Park, and Norwalk Park, which provide green spaces for outdoor activities. Local dining includes authentic Mexican cuisine at Los Compadres, Thai dishes at Renu Nakorn Restaurant, and California favorite In-N-Out Burger.

The housing market in Norwalk features a range of options from condos to single-family homes. One-bedroom condos have a median price of $460,000, while two-bedroom condos have a median price of $535,000. Single-family homes in the Studebaker neighborhood have a median price of $759,900. The overall median sale price across all housing types in Norwalk is $750,000.

Property taxes in Norwalk follow the Los Angeles County effective rate of 0.69%, matching neighboring cities like Cerritos, Downey, and Bellflower. California state income tax starts at 1.00% for yearly salaries of $41,901, and the combined sales tax rate is 8.80%.

Commuters benefit from the Norwalk/Santa Fe Springs Metrolink Station and Norwalk Green Line Metro station, with easy access to Interstate 5, Interstate 605, and State Route 91. The education system includes highly rated schools such as Gahr High School and private institutions St. John Bosco High School and Saint Joseph High School, both rated A+ by Niche.

Frequently Asked Questions

How much does it cost to rent a home in Norwalk, CA?
The median rent for a home in Norwalk, CA is $3,600 per month, though prices vary by neighborhood, size, and property type. As of July 2026, condos tend to be the most affordable option while single-family homes are currently more expensive.
How much do you need to make to afford rent in Norwalk, CA?
To comfortably afford the median rent in Norwalk, CA, a household needs to earn roughly $144,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $3,600 per month in Norwalk, CA, renters typically need to show $10,800 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Norwalk, CA?
In Norwalk, CA, the price-to-rent ratio is 18.1, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Home Trends

Number of Homes for Rent
3
Median Rent
$3,600
Median Single Family Home Rent
$3,600
Median Condo Rent
$2,400
How to Rent a Home