Monthly Rent Report
Norwood Park Rent Report — February 2025
Asking rents in ZIP 60646, Chicago, from 70 listings.
Median 1BR rent in Norwood Park was $1,273 in February 2025, up 33.9% (+$323) from January 2025 and up 30.5% year-over-year. The middle half of 1BR listings asked between $1,200 and $1,371. That puts Norwood Park $273 below the Chicago citywide 1BR median of $1,545. The month's figures are based on 70 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2025 | Vs. February 2024 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $800 | — | — | $800 – $800 | 2 |
| Studio | $800 | — | — | $800 – $800 | 1 |
| 1BR | $1,273 | +$323 (+33.9%) | +$298 (+30.5%) | $1,200 – $1,371 | 8 |
| 1BR | $1,273 | +$323 (+33.9%) | +$298 (+30.5%) | $1,200 – $1,371 | 8 |
| 2BR | $1,750 | −$50 (-2.8%) | +$155 (+9.7%) | $1,650 – $2,250 | 15 |
| 2BR | $1,750 | −$50 (-2.8%) | +$155 (+9.7%) | $1,750 – $1,750 | 1 |
| 3BR | $2,300 | +$300 (+15.0%) | −$500 (-17.9%) | $2,100 – $3,300 | 9 |
| 3BR | $2,275 | +$275 (+13.8%) | −$525 (-18.8%) | $2,096 – $2,963 | 14 |
| 4BR | $3,400 | +$900 (+36.0%) | $0 (0.0%) | $3,400 – $3,400 | 5 |
| 4BR | $3,400 | +$900 (+36.0%) | $0 (0.0%) | $3,400 – $3,400 | 3 |
Median, P25, and P75 are asking rents from listings posted in February 2025. Changes compare against the nearest prior month with data.
Norwood Park vs. Chicago — February 2025
| Bedrooms | Norwood Park Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $800 | $1,289 | −$489 (-37.9%) |
| Studio | $800 | $1,289 | −$489 (-37.9%) |
| 1BR | $1,273 | $1,545 | −$272 (-17.6%) |
| 1BR | $1,273 | $1,545 | −$272 (-17.6%) |
| 2BR | $1,750 | $1,850 | −$100 (-5.4%) |
| 2BR | $1,750 | $1,850 | −$100 (-5.4%) |
| 3BR | $2,300 | $2,395 | −$95 (-4.0%) |
| 3BR | $2,275 | $2,395 | −$120 (-5.0%) |
| 4BR | $3,400 | $3,198 | +$202 (+6.3%) |
| 4BR | $3,400 | $3,198 | +$202 (+6.3%) |
Citywide figure is the median of zip-level medians across 54 Chicago zip codes with listings in February 2025.