Monthly Rent Report
Norwood Park Rent Report — May 2021
Asking rents in ZIP 60646, Chicago, from 8 listings.
Median 2BR rent in Norwood Park was $1,520 in May 2021, up 17.4% (+$225) from April 2021 and up 16.9% year-over-year. The middle half of 2BR listings asked between $1,455 and $1,585. That puts Norwood Park in line with the Chicago citywide 2BR median of $1,521. The month's figures are based on 8 listings across 4 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2021 | Vs. May 2020 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 2BR | $1,520 | +$225 (+17.4%) | +$220 (+16.9%) | $1,455 – $1,585 | 2 |
| 2BR | $1,520 | +$225 (+17.4%) | +$220 (+16.9%) | $1,455 – $1,585 | 2 |
| 3BR | $2,050 | −$250 (-10.9%) | +$250 (+13.9%) | $1,925 – $2,175 | 2 |
| 3BR | $2,050 | −$250 (-10.9%) | +$250 (+13.9%) | $1,925 – $2,175 | 2 |
Median, P25, and P75 are asking rents from listings posted in May 2021. Changes compare against the nearest prior month with data.
Norwood Park vs. Chicago — May 2021
| Bedrooms | Norwood Park Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 2BR | $1,520 | $1,521 | −$1 (-0.1%) |
| 2BR | $1,520 | $1,521 | −$1 (-0.1%) |
| 3BR | $2,050 | $1,950 | +$100 (+5.1%) |
| 3BR | $2,050 | $1,950 | +$100 (+5.1%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in May 2021.