Monthly Rent Report
Norwood Park Rent Report — April 2022
Asking rents in ZIP 60646, Chicago, from 13 listings.
Median 1BR rent in Norwood Park was $1,200 in April 2022, flat versus March 2022 and up 20.0% year-over-year. The middle half of 1BR listings asked between $1,200 and $1,200. That puts Norwood Park $34 below the Chicago citywide 1BR median of $1,234. The month's figures are based on 13 listings across 4 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2022 | Vs. April 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,200 | $0 (0.0%) | +$200 (+20.0%) | $1,200 – $1,200 | 1 |
| 1BR | $1,200 | $0 (0.0%) | +$200 (+20.0%) | $1,200 – $1,200 | 1 |
| 2BR | $1,625 | +$225 (+16.1%) | +$330 (+25.5%) | $1,275 – $1,800 | 8 |
| 3BR | $2,300 | −$1,150 (-33.3%) | $0 (0.0%) | $2,250 – $2,550 | 3 |
Median, P25, and P75 are asking rents from listings posted in April 2022. Changes compare against the nearest prior month with data.
Norwood Park vs. Chicago — April 2022
| Bedrooms | Norwood Park Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,200 | $1,234 | −$34 (-2.8%) |
| 1BR | $1,200 | $1,234 | −$34 (-2.8%) |
| 2BR | $1,625 | $1,495 | +$130 (+8.7%) |
| 3BR | $2,300 | $2,098 | +$203 (+9.7%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in April 2022.