Monthly Rent Report

Norwood Rent Report — July 2024

Asking rents in ZIP 10467, New York City, from 142 listings.

Median 1BR rent in Norwood was $1,800 in July 2024, down 27.5% (−$684) from June 2024 and down 2.7% year-over-year. The middle half of 1BR listings asked between $1,625 and $1,955. That puts Norwood $700 below the New York City citywide 1BR median of $2,500. The month's figures are based on 142 listings across 12 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. June 2024Vs. July 2023P25–P75 RangeListings
Studio$1,595−$375 (-19.0%)−$563 (-26.1%)$1,509 – $1,60017
Studio$2,085+$115 (+5.8%)−$73 (-3.4%)$1,977 – $2,08511
1BR$1,800−$684 (-27.5%)−$50 (-2.7%)$1,625 – $1,95534
1BR$2,125−$359 (-14.5%)+$275 (+14.9%)$2,125 – $2,12514
2BR$2,395+$195 (+8.9%)−$5 (-0.2%)$2,395 – $3,03427
2BR$2,885+$685 (+31.1%)+$485 (+20.2%)$2,885 – $2,8852
3BR$3,025−$175 (-5.5%)+$275 (+10.0%)$2,931 – $3,55018
3BR$3,606+$406 (+12.7%)+$856 (+31.1%)$3,606 – $3,6063
4BR$3,426−$74 (-2.1%)+$26 (+0.8%)$3,426 – $3,7586
4BR$3,426−$74 (-2.1%)+$26 (+0.8%)$3,426 – $3,4265

Median, P25, and P75 are asking rents from listings posted in July 2024. Changes compare against the nearest prior month with data.

Norwood vs. New York CityJuly 2024

BedroomsNorwood MedianNYC Citywide MedianDifference
Studio$1,595$2,800−$1,205 (-43.0%)
Studio$2,085$2,800−$715 (-25.5%)
1BR$1,800$2,500−$700 (-28.0%)
1BR$2,125$2,500−$375 (-15.0%)
2BR$2,395$3,000−$605 (-20.2%)
2BR$2,885$3,000−$115 (-3.8%)
3BR$3,025$3,606−$581 (-16.1%)
3BR$3,606$3,606$0 (0.0%)
4BR$3,426$4,500−$1,074 (-23.9%)
4BR$3,426$4,500−$1,074 (-23.9%)

Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in July 2024.

Advertisement