Monthly Rent Report
Norwood Rent Report — March 2023
Asking rents in ZIP 10467, New York City, from 247 listings.
Median 1BR rent in Norwood was $1,700 in March 2023, up 3.0% (+$50) from February 2023 and down 2.9% year-over-year. The middle half of 1BR listings asked between $1,525 and $1,895. That puts Norwood $599 below the New York City citywide 1BR median of $2,299. The month's figures are based on 247 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2023 | Vs. March 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,450 | −$100 (-6.5%) | −$45 (-3.0%) | $1,400 – $1,550 | 14 |
| Studio | $1,400 | −$150 (-9.7%) | −$95 (-6.4%) | $1,388 – $1,400 | 4 |
| 1BR | $1,700 | +$50 (+3.0%) | −$50 (-2.9%) | $1,525 – $1,895 | 70 |
| 1BR | $1,500 | −$150 (-9.1%) | −$250 (-14.3%) | $1,500 – $1,500 | 1 |
| 2BR | $2,299 | +$249 (+12.1%) | +$299 (+14.9%) | $2,271 – $2,555 | 49 |
| 2BR | $2,300 | +$250 (+12.2%) | +$300 (+15.0%) | $2,200 – $2,555 | 19 |
| 3BR | $3,000 | $0 (0.0%) | +$625 (+26.3%) | $2,650 – $3,067 | 55 |
| 3BR | $3,000 | $0 (0.0%) | +$625 (+26.3%) | $2,500 – $3,050 | 21 |
| 4BR | $3,426 | $0 (0.0%) | +$489 (+16.6%) | $3,082 – $3,500 | 13 |
| 4BR | $3,550 | +$124 (+3.6%) | +$613 (+20.9%) | $3,550 – $3,550 | 1 |
Median, P25, and P75 are asking rents from listings posted in March 2023. Changes compare against the nearest prior month with data.
Norwood vs. New York City — March 2023
| Bedrooms | Norwood Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,450 | $2,200 | −$750 (-34.1%) |
| Studio | $1,400 | $2,200 | −$800 (-36.4%) |
| 1BR | $1,700 | $2,299 | −$599 (-26.1%) |
| 1BR | $1,500 | $2,299 | −$799 (-34.8%) |
| 2BR | $2,299 | $2,650 | −$351 (-13.2%) |
| 2BR | $2,300 | $2,650 | −$350 (-13.2%) |
| 3BR | $3,000 | $3,200 | −$200 (-6.3%) |
| 3BR | $3,000 | $3,200 | −$200 (-6.3%) |
| 4BR | $3,426 | $3,995 | −$569 (-14.2%) |
| 4BR | $3,550 | $3,995 | −$445 (-11.1%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in March 2023.