Monthly Rent Report
Norwood Rent Report — October 2023
Asking rents in ZIP 10467, New York City, from 251 listings.
Median 1BR rent in Norwood was $1,740 in October 2023, down 5.9% (−$110) from September 2023 and down 3.1% year-over-year. The middle half of 1BR listings asked between $1,550 and $1,775. That puts Norwood $710 below the New York City citywide 1BR median of $2,450. The month's figures are based on 251 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2023 | Vs. October 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,550 | −$145 (-8.6%) | −$75 (-4.6%) | $1,450 – $1,599 | 37 |
| Studio | $1,900 | +$205 (+12.1%) | +$275 (+16.9%) | $1,900 – $1,900 | 1 |
| 1BR | $1,740 | −$110 (-5.9%) | −$55 (-3.1%) | $1,550 – $1,775 | 21 |
| 1BR | $1,950 | +$100 (+5.4%) | +$155 (+8.6%) | $1,725 – $2,100 | 70 |
| 2BR | $3,000 | +$805 (+36.7%) | +$1,005 (+50.4%) | $2,370 – $3,000 | 8 |
| 2BR | $3,000 | +$805 (+36.7%) | +$1,005 (+50.4%) | $3,000 – $3,000 | 2 |
| 3BR | $2,900 | +$405 (+16.2%) | −$350 (-10.8%) | $2,800 – $3,214 | 63 |
| 3BR | $3,214 | +$719 (+28.8%) | −$36 (-1.1%) | $3,125 – $3,214 | 42 |
| 4BR | $3,000 | −$426 (-12.4%) | −$600 (-16.7%) | $3,000 – $3,000 | 1 |
| 4BR | $3,150 | −$276 (-8.1%) | −$450 (-12.5%) | $3,150 – $3,338 | 6 |
Median, P25, and P75 are asking rents from listings posted in October 2023. Changes compare against the nearest prior month with data.
Norwood vs. New York City — October 2023
| Bedrooms | Norwood Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,550 | $2,411 | −$860 (-35.7%) |
| Studio | $1,900 | $2,411 | −$510 (-21.2%) |
| 1BR | $1,740 | $2,450 | −$710 (-29.0%) |
| 1BR | $1,950 | $2,450 | −$500 (-20.4%) |
| 2BR | $3,000 | $2,900 | +$100 (+3.4%) |
| 2BR | $3,000 | $2,900 | +$100 (+3.4%) |
| 3BR | $2,900 | $3,349 | −$449 (-13.4%) |
| 3BR | $3,214 | $3,349 | −$135 (-4.0%) |
| 4BR | $3,000 | $4,200 | −$1,200 (-28.6%) |
| 4BR | $3,150 | $4,200 | −$1,050 (-25.0%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in October 2023.