Monthly Rent Report
Norwood Park Rent Report — December 2020
Asking rents in ZIP 60646, Chicago, from 16 listings.
Median 1BR rent in Norwood Park was $1,095 in December 2020, up 28.8% (+$245) from November 2020 and up 21.7% year-over-year. The middle half of 1BR listings asked between $1,095 and $1,095. That puts Norwood Park $35 below the Chicago citywide 1BR median of $1,130. The month's figures are based on 16 listings across 3 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2020 | Vs. December 2019 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,095 | +$245 (+28.8%) | +$195 (+21.7%) | $1,095 – $1,095 | 2 |
| 2BR | $1,355 | −$45 (-3.2%) | +$55 (+4.2%) | $1,283 – $1,684 | 10 |
| 3BR | $1,575 | −$275 (-14.9%) | −$1,325 (-45.7%) | $1,456 – $1,800 | 4 |
Median, P25, and P75 are asking rents from listings posted in December 2020. Changes compare against the nearest prior month with data.
Norwood Park vs. Chicago — December 2020
| Bedrooms | Norwood Park Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,095 | $1,130 | −$35 (-3.1%) |
| 2BR | $1,355 | $1,500 | −$145 (-9.7%) |
| 3BR | $1,575 | $1,750 | −$175 (-10.0%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in December 2020.