Monthly Rent Report
Norwood Park Rent Report — June 2021
Asking rents in ZIP 60646, Chicago, from 12 listings.
Median 1BR rent in Norwood Park was $1,065 in June 2021 and up 18.3% year-over-year. The middle half of 1BR listings asked between $1,065 and $1,065. That puts Norwood Park $175 below the Chicago citywide 1BR median of $1,240. The month's figures are based on 12 listings across 5 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2021 | Vs. June 2020 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,065 | — | +$165 (+18.3%) | $1,065 – $1,065 | 1 |
| 1BR | $1,065 | — | +$165 (+18.3%) | $1,049 – $1,093 | 4 |
| 2BR | $1,400 | −$120 (-7.9%) | +$300 (+27.3%) | $1,400 – $1,650 | 5 |
| 2BR | $1,400 | −$120 (-7.9%) | +$300 (+27.3%) | $1,400 – $1,400 | 1 |
| 3BR | $1,700 | −$350 (-17.1%) | $0 (0.0%) | $1,700 – $1,700 | 1 |
Median, P25, and P75 are asking rents from listings posted in June 2021. Changes compare against the nearest prior month with data.
Norwood Park vs. Chicago — June 2021
| Bedrooms | Norwood Park Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,065 | $1,240 | −$175 (-14.1%) |
| 1BR | $1,065 | $1,240 | −$175 (-14.1%) |
| 2BR | $1,400 | $1,579 | −$179 (-11.3%) |
| 2BR | $1,400 | $1,579 | −$179 (-11.3%) |
| 3BR | $1,700 | $1,813 | −$112 (-6.2%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in June 2021.