Monthly Rent Report
Norwood Rent Report — July 2023
Asking rents in ZIP 10467, New York City, from 49 listings.
Median 1BR rent in Norwood was $1,650 in July 2023, up 6.5% (+$100) from June 2023 and down 17.3% year-over-year. The middle half of 1BR listings asked between $1,650 and $1,650. That puts Norwood $800 below the New York City citywide 1BR median of $2,450. The month's figures are based on 49 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2023 | Vs. July 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,158 | +$283 (+15.1%) | +$658 (+43.9%) | $2,158 – $2,158 | 2 |
| Studio | $1,563 | −$312 (-16.6%) | +$63 (+4.2%) | $1,540 – $1,587 | 2 |
| 1BR | $1,650 | +$100 (+6.5%) | −$345 (-17.3%) | $1,650 – $1,650 | 1 |
| 1BR | $1,850 | +$300 (+19.4%) | −$145 (-7.3%) | $1,609 – $1,895 | 9 |
| 2BR | $2,400 | +$100 (+4.3%) | +$405 (+20.3%) | $2,300 – $2,400 | 9 |
| 2BR | $2,300 | $0 (0.0%) | +$305 (+15.3%) | $2,075 – $2,488 | 6 |
| 3BR | $2,750 | +$100 (+3.8%) | −$45 (-1.6%) | $2,338 – $3,125 | 4 |
| 3BR | $3,200 | +$550 (+20.8%) | +$405 (+14.5%) | $3,200 – $3,200 | 2 |
| 4BR | $3,400 | −$46 (-1.3%) | +$101 (+3.1%) | $3,400 – $3,426 | 9 |
| 4BR | $3,436 | −$10 (-0.3%) | +$137 (+4.2%) | $3,431 – $3,441 | 2 |
Median, P25, and P75 are asking rents from listings posted in July 2023. Changes compare against the nearest prior month with data.
Norwood vs. New York City — July 2023
| Bedrooms | Norwood Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,158 | $2,498 | −$339 (-13.6%) |
| Studio | $1,563 | $2,498 | −$934 (-37.4%) |
| 1BR | $1,650 | $2,450 | −$800 (-32.7%) |
| 1BR | $1,850 | $2,450 | −$600 (-24.5%) |
| 2BR | $2,400 | $2,800 | −$400 (-14.3%) |
| 2BR | $2,300 | $2,800 | −$500 (-17.9%) |
| 3BR | $2,750 | $3,400 | −$650 (-19.1%) |
| 3BR | $3,200 | $3,400 | −$200 (-5.9%) |
| 4BR | $3,400 | $4,200 | −$800 (-19.0%) |
| 4BR | $3,436 | $4,200 | −$764 (-18.2%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in July 2023.