Monthly Rent Report
Norwood Park Rent Report — September 2022
Asking rents in ZIP 60646, Chicago, from 31 listings.
Median 1BR rent in Norwood Park was $1,150 in September 2022 and up 9.8% year-over-year. The middle half of 1BR listings asked between $1,150 and $1,200. That puts Norwood Park $150 below the Chicago citywide 1BR median of $1,300. The month's figures are based on 31 listings across 6 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2022 | Vs. September 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,150 | — | +$103 (+9.8%) | $1,150 – $1,200 | 5 |
| 1BR | $1,200 | — | +$153 (+14.6%) | $1,150 – $1,400 | 11 |
| 2BR | $1,550 | $0 (0.0%) | −$100 (-6.1%) | $1,550 – $1,562 | 5 |
| 2BR | $1,550 | $0 (0.0%) | −$100 (-6.1%) | $1,550 – $1,562 | 5 |
| 3BR | $3,200 | +$800 (+33.3%) | +$1,400 (+77.8%) | $3,200 – $3,200 | 1 |
| 3BR | $1,950 | −$450 (-18.8%) | +$150 (+8.3%) | $1,900 – $2,188 | 4 |
Median, P25, and P75 are asking rents from listings posted in September 2022. Changes compare against the nearest prior month with data.
Norwood Park vs. Chicago — September 2022
| Bedrooms | Norwood Park Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,150 | $1,300 | −$150 (-11.5%) |
| 1BR | $1,200 | $1,300 | −$100 (-7.7%) |
| 2BR | $1,550 | $1,550 | $0 (0.0%) |
| 2BR | $1,550 | $1,550 | $0 (0.0%) |
| 3BR | $3,200 | $2,099 | +$1,101 (+52.5%) |
| 3BR | $1,950 | $2,099 | −$149 (-7.1%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in September 2022.