Monthly Rent Report
Norwood Rent Report — February 2024
Asking rents in ZIP 10467, New York City, from 283 listings.
Median 1BR rent in Norwood was $1,930 in February 2024, down 36.9% (−$1,130) from January 2024 and up 75.5% year-over-year. The middle half of 1BR listings asked between $1,750 and $2,100. That puts Norwood $520 below the New York City citywide 1BR median of $2,450. The month's figures are based on 283 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2024 | Vs. February 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,600 | +$91 (+6.0%) | +$50 (+3.2%) | $1,509 – $1,796 | 50 |
| Studio | $1,595 | +$86 (+5.7%) | +$45 (+2.9%) | $1,509 – $1,600 | 18 |
| 1BR | $1,930 | −$1,130 (-36.9%) | +$830 (+75.5%) | $1,750 – $2,100 | 117 |
| 1BR | $1,500 | −$1,560 (-51.0%) | +$400 (+36.4%) | $1,500 – $1,500 | 1 |
| 2BR | $1,895 | −$905 (-32.3%) | −$205 (-9.8%) | $1,895 – $1,895 | 8 |
| 2BR | $2,395 | −$405 (-14.5%) | +$295 (+14.0%) | $2,395 – $2,395 | 1 |
| 3BR | $3,100 | −$285 (-8.4%) | +$100 (+3.3%) | $2,796 – $3,485 | 38 |
| 3BR | $3,243 | −$142 (-4.2%) | +$243 (+8.1%) | $2,795 – $3,483 | 8 |
| 4BR | $3,426 | −$442 (-11.4%) | +$26 (+0.8%) | $3,400 – $3,868 | 30 |
| 4BR | $3,426 | −$442 (-11.4%) | +$26 (+0.8%) | $3,400 – $3,868 | 12 |
Median, P25, and P75 are asking rents from listings posted in February 2024. Changes compare against the nearest prior month with data.
Norwood vs. New York City — February 2024
| Bedrooms | Norwood Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,600 | $2,359 | −$759 (-32.2%) |
| Studio | $1,595 | $2,359 | −$764 (-32.4%) |
| 1BR | $1,930 | $2,450 | −$520 (-21.2%) |
| 1BR | $1,500 | $2,450 | −$950 (-38.8%) |
| 2BR | $1,895 | $2,979 | −$1,084 (-36.4%) |
| 2BR | $2,395 | $2,979 | −$584 (-19.6%) |
| 3BR | $3,100 | $3,500 | −$400 (-11.4%) |
| 3BR | $3,243 | $3,500 | −$257 (-7.4%) |
| 4BR | $3,426 | $4,148 | −$721 (-17.4%) |
| 4BR | $3,426 | $4,148 | −$721 (-17.4%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in February 2024.