Monthly Rent Report
Norwood Park Rent Report — January 2021
Asking rents in ZIP 60646, Chicago, from 7 listings.
Median 1BR rent in Norwood Park was $1,000 in January 2021, down 8.7% (−$95) from December 2020 and up 5.8% year-over-year. The middle half of 1BR listings asked between $988 and $1,063. That puts Norwood Park $95 below the Chicago citywide 1BR median of $1,095. The month's figures are based on 7 listings across 3 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2020 | Vs. January 2020 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,000 | −$95 (-8.7%) | +$55 (+5.8%) | $988 – $1,063 | 4 |
| 2BR | $1,400 | +$45 (+3.3%) | −$225 (-13.8%) | $1,400 – $1,400 | 1 |
| 3BR | $1,798 | +$223 (+14.1%) | +$98 (+5.7%) | $1,749 – $1,846 | 2 |
Median, P25, and P75 are asking rents from listings posted in January 2021. Changes compare against the nearest prior month with data.
Norwood Park vs. Chicago — January 2021
| Bedrooms | Norwood Park Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,000 | $1,095 | −$95 (-8.7%) |
| 2BR | $1,400 | $1,400 | $0 (0.0%) |
| 3BR | $1,798 | $1,798 | $0 (0.0%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in January 2021.