Monthly Rent Report
Norwood Rent Report — December 2023
Asking rents in ZIP 10467, New York City, from 70 listings.
Median 1BR rent in Norwood was $1,751 in December 2023, up 32.1% (+$426) from November 2023 and down 7.9% year-over-year. The middle half of 1BR listings asked between $1,742 and $1,759. That puts Norwood $650 below the New York City citywide 1BR median of $2,400. The month's figures are based on 70 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2023 | Vs. December 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,599 | −$8 (-0.5%) | +$2 (+0.1%) | $1,465 – $1,800 | 26 |
| Studio | $1,480 | −$127 (-7.9%) | −$118 (-7.4%) | $1,450 – $1,599 | 10 |
| 1BR | $1,751 | +$426 (+32.1%) | −$149 (-7.9%) | $1,742 – $1,759 | 2 |
| 1BR | $1,751 | +$426 (+32.1%) | −$149 (-7.9%) | $1,742 – $1,759 | 2 |
| 2BR | $2,918 | +$93 (+3.3%) | +$718 (+32.6%) | $2,918 – $2,918 | 1 |
| 2BR | $2,918 | +$93 (+3.3%) | +$718 (+32.6%) | $2,918 – $2,918 | 1 |
| 3BR | $2,800 | −$350 (-11.1%) | +$250 (+9.8%) | $2,800 – $3,100 | 7 |
| 3BR | $3,214 | +$64 (+2.0%) | +$664 (+26.0%) | $3,214 – $3,214 | 1 |
| 4BR | $4,070 | +$613 (+17.7%) | +$670 (+19.7%) | $3,214 – $4,070 | 13 |
| 4BR | $3,214 | −$243 (-7.0%) | −$186 (-5.5%) | $3,200 – $4,070 | 5 |
Median, P25, and P75 are asking rents from listings posted in December 2023. Changes compare against the nearest prior month with data.
Norwood vs. New York City — December 2023
| Bedrooms | Norwood Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,599 | $2,362 | −$763 (-32.3%) |
| Studio | $1,480 | $2,362 | −$882 (-37.4%) |
| 1BR | $1,751 | $2,400 | −$649 (-27.1%) |
| 1BR | $1,751 | $2,400 | −$649 (-27.1%) |
| 2BR | $2,918 | $2,900 | +$18 (+0.6%) |
| 2BR | $2,918 | $2,900 | +$18 (+0.6%) |
| 3BR | $2,800 | $3,500 | −$700 (-20.0%) |
| 3BR | $3,214 | $3,500 | −$286 (-8.2%) |
| 4BR | $4,070 | $4,070 | $0 (0.0%) |
| 4BR | $3,214 | $4,070 | −$856 (-21.0%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in December 2023.