Monthly Rent Report
Norwood Park Rent Report — November 2021
Asking rents in ZIP 60646, Chicago, from 4 listings.
Median 1BR rent in Norwood Park was $975 in November 2021, up 2.6% (+$25) from October 2021 and up 14.7% year-over-year. The middle half of 1BR listings asked between $975 and $975. That puts Norwood Park $188 below the Chicago citywide 1BR median of $1,163. The month's figures are based on 4 listings across 3 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2021 | Vs. November 2020 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $875 | $0 (0.0%) | +$50 (+6.1%) | $875 – $875 | 1 |
| 1BR | $975 | +$25 (+2.6%) | +$125 (+14.7%) | $975 – $975 | 1 |
| 2BR | $1,213 | −$282 (-18.9%) | −$187 (-13.4%) | $1,181 – $1,244 | 2 |
Median, P25, and P75 are asking rents from listings posted in November 2021. Changes compare against the nearest prior month with data.
Norwood Park vs. Chicago — November 2021
| Bedrooms | Norwood Park Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $875 | $921 | −$46 (-5.0%) |
| 1BR | $975 | $1,163 | −$187 (-16.1%) |
| 2BR | $1,213 | $1,535 | −$322 (-21.0%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in November 2021.