Monthly Rent Report
Norwood Rent Report — May 2022
Asking rents in ZIP 10467, New York City, from 34 listings.
Median 1BR rent in Norwood was $1,600 in May 2022, down 5.3% (−$90) from April 2022 and down 10.9% year-over-year. The middle half of 1BR listings asked between $1,600 and $1,700. That puts Norwood $463 below the New York City citywide 1BR median of $2,063. The month's figures are based on 34 listings across 7 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2022 | Vs. May 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,875 | +$500 (+36.4%) | +$475 (+33.9%) | $1,875 – $1,875 | 1 |
| 1BR | $1,600 | −$90 (-5.3%) | −$195 (-10.9%) | $1,600 – $1,700 | 5 |
| 1BR | $1,775 | +$85 (+5.0%) | −$20 (-1.1%) | $1,763 – $1,788 | 2 |
| 2BR | $1,750 | −$200 (-10.3%) | −$125 (-6.7%) | $1,750 – $1,750 | 2 |
| 2BR | $2,200 | +$250 (+12.8%) | +$325 (+17.3%) | $2,098 – $2,273 | 19 |
| 3BR | $2,900 | −$100 (-3.3%) | +$425 (+17.2%) | $2,900 – $2,900 | 2 |
| 4BR | $3,500 | −$100 (-2.8%) | +$650 (+22.8%) | $3,375 – $3,500 | 3 |
Median, P25, and P75 are asking rents from listings posted in May 2022. Changes compare against the nearest prior month with data.
Norwood vs. New York City — May 2022
| Bedrooms | Norwood Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,875 | $1,875 | $0 (0.0%) |
| 1BR | $1,600 | $2,063 | −$462 (-22.4%) |
| 1BR | $1,775 | $2,063 | −$287 (-13.9%) |
| 2BR | $1,750 | $2,499 | −$749 (-30.0%) |
| 2BR | $2,200 | $2,499 | −$299 (-12.0%) |
| 3BR | $2,900 | $2,950 | −$50 (-1.7%) |
| 4BR | $3,500 | $3,600 | −$100 (-2.8%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in May 2022.