Monthly Rent Report

Norwood Park Rent Report — December 2021

Asking rents in ZIP 60646, Chicago, from 3 listings.

Median 1BR rent in Norwood Park was $995 in December 2021, up 2.1% (+$20) from November 2021 and down 9.1% year-over-year. The middle half of 1BR listings asked between $995 and $995. That puts Norwood Park $205 below the Chicago citywide 1BR median of $1,200. The month's figures are based on 3 listings across 3 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. November 2021Vs. December 2020P25–P75 RangeListings
1BR$995+$20 (+2.1%)−$100 (-9.1%)$995 – $9951
2BR$1,450+$238 (+19.6%)+$95 (+7.0%)$1,450 – $1,4501
3BR$1,200−$375 (-23.8%)$1,200 – $1,2001

Median, P25, and P75 are asking rents from listings posted in December 2021. Changes compare against the nearest prior month with data.

Norwood Park vs. ChicagoDecember 2021

BedroomsNorwood Park MedianChicago Citywide MedianDifference
1BR$995$1,200−$205 (-17.1%)
2BR$1,450$1,500−$50 (-3.3%)
3BR$1,200$1,800−$600 (-33.3%)

Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in December 2021.

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