Monthly Rent Report
Norwood Park Rent Report — October 2021
Asking rents in ZIP 60646, Chicago, from 10 listings.
Median 1BR rent in Norwood Park was $950 in October 2021, down 9.3% (−$97) from September 2021 and down 38.7% year-over-year. The middle half of 1BR listings asked between $950 and $950. That puts Norwood Park $245 below the Chicago citywide 1BR median of $1,195. The month's figures are based on 10 listings across 5 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2021 | Vs. October 2020 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $875 | −$50 (-5.4%) | +$50 (+6.1%) | $875 – $875 | 3 |
| 1BR | $950 | −$97 (-9.3%) | −$600 (-38.7%) | $950 – $950 | 1 |
| 2BR | $1,495 | −$155 (-9.4%) | −$280 (-15.8%) | $1,423 – $1,595 | 3 |
| 3BR | $1,450 | −$1,250 (-46.3%) | −$300 (-17.1%) | $1,450 – $1,450 | 1 |
| 4BR | $2,300 | $0 (0.0%) | — | $2,300 – $2,300 | 2 |
Median, P25, and P75 are asking rents from listings posted in October 2021. Changes compare against the nearest prior month with data.
Norwood Park vs. Chicago — October 2021
| Bedrooms | Norwood Park Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $875 | $950 | −$75 (-7.9%) |
| 1BR | $950 | $1,195 | −$245 (-20.5%) |
| 2BR | $1,495 | $1,371 | +$124 (+9.0%) |
| 3BR | $1,450 | $1,795 | −$345 (-19.2%) |
| 4BR | $2,300 | $2,200 | +$100 (+4.5%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in October 2021.