Monthly Rent Report
Norwood Park Rent Report — February 2022
Asking rents in ZIP 60646, Chicago, from 3 listings.
Median 1BR rent in Norwood Park was $975 in February 2022, up 1.0% (+$10) from January 2022 and down 4.9% year-over-year. The middle half of 1BR listings asked between $975 and $975. That puts Norwood Park $275 below the Chicago citywide 1BR median of $1,250. The month's figures are based on 3 listings across 3 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2022 | Vs. February 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $975 | +$10 (+1.0%) | −$50 (-4.9%) | $975 – $975 | 1 |
| 2BR | $1,500 | $0 (0.0%) | +$225 (+17.6%) | $1,500 – $1,500 | 1 |
| 3BR | $3,400 | $0 (0.0%) | +$1,850 (+119.4%) | $3,400 – $3,400 | 1 |
Median, P25, and P75 are asking rents from listings posted in February 2022. Changes compare against the nearest prior month with data.
Norwood Park vs. Chicago — February 2022
| Bedrooms | Norwood Park Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $975 | $1,250 | −$275 (-22.0%) |
| 2BR | $1,500 | $1,600 | −$100 (-6.3%) |
| 3BR | $3,400 | $1,795 | +$1,605 (+89.4%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in February 2022.