Monthly Rent Report
Norwood Rent Report — August 2023
Asking rents in ZIP 10467, New York City, from 62 listings.
Median 1BR rent in Norwood was $1,735 in August 2023, down 6.2% (−$115) from July 2023 and down 4.9% year-over-year. The middle half of 1BR listings asked between $1,665 and $1,805. That puts Norwood $615 below the New York City citywide 1BR median of $2,350. The month's figures are based on 62 listings across 11 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2023 | Vs. August 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,518 | +$360 (+16.7%) | +$1,068 (+73.7%) | $2,052 – $2,975 | 4 |
| Studio | $2,197 | +$39 (+1.8%) | +$747 (+51.5%) | $1,994 – $2,377 | 4 |
| 1BR | $1,735 | −$115 (-6.2%) | −$89 (-4.9%) | $1,665 – $1,805 | 2 |
| 1BR | $1,795 | −$55 (-3.0%) | −$29 (-1.6%) | $1,795 – $1,795 | 1 |
| 2BR | $2,443 | +$143 (+6.2%) | +$543 (+28.6%) | $2,443 – $2,443 | 2 |
| 2BR | $2,443 | +$143 (+6.2%) | +$543 (+28.6%) | $2,443 – $2,482 | 4 |
| 3BR | $2,750 | −$450 (-14.1%) | −$47 (-1.7%) | $2,400 – $3,188 | 31 |
| 3BR | $3,200 | $0 (0.0%) | +$403 (+14.4%) | $2,900 – $3,200 | 5 |
| 4BR | $3,299 | −$101 (-3.0%) | −$101 (-3.0%) | $3,299 – $3,426 | 5 |
| 4BR | $3,426 | +$26 (+0.8%) | +$26 (+0.8%) | $3,413 – $3,426 | 3 |
Median, P25, and P75 are asking rents from listings posted in August 2023. Changes compare against the nearest prior month with data.
Norwood vs. New York City — August 2023
| Bedrooms | Norwood Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,518 | $2,490 | +$28 (+1.1%) |
| Studio | $2,197 | $2,490 | −$293 (-11.8%) |
| 1BR | $1,735 | $2,350 | −$615 (-26.2%) |
| 1BR | $1,795 | $2,350 | −$555 (-23.6%) |
| 2BR | $2,443 | $2,859 | −$416 (-14.6%) |
| 2BR | $2,443 | $2,859 | −$416 (-14.6%) |
| 3BR | $2,750 | $3,413 | −$662 (-19.4%) |
| 3BR | $3,200 | $3,413 | −$212 (-6.2%) |
| 4BR | $3,299 | $4,200 | −$901 (-21.5%) |
| 4BR | $3,426 | $4,200 | −$774 (-18.4%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in August 2023.