Monthly Rent Report
Norwood Park Rent Report — March 2025
Asking rents in ZIP 60646, Chicago, from 75 listings.
Median 1BR rent in Norwood Park was $1,400 in March 2025, up 10.0% (+$128) from February 2025 and unchanged year-over-year. The middle half of 1BR listings asked between $1,348 and $1,450. That puts Norwood Park $121 below the Chicago citywide 1BR median of $1,521. The month's figures are based on 75 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2025 | Vs. March 2024 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,400 | +$128 (+10.0%) | $0 (0.0%) | $1,348 – $1,450 | 11 |
| 1BR | $1,400 | +$128 (+10.0%) | $0 (0.0%) | $1,400 – $1,400 | 1 |
| 2BR | $1,650 | −$100 (-5.7%) | −$230 (-12.2%) | $1,631 – $1,950 | 14 |
| 2BR | $1,650 | −$100 (-5.7%) | −$230 (-12.2%) | $1,650 – $1,650 | 1 |
| 3BR | $2,500 | +$225 (+9.9%) | +$350 (+16.3%) | $2,363 – $2,800 | 14 |
| 3BR | $2,500 | +$225 (+9.9%) | +$350 (+16.3%) | $2,350 – $2,800 | 11 |
| 4BR | $3,400 | $0 (0.0%) | +$200 (+6.3%) | $3,400 – $3,400 | 2 |
| 4BR | $3,400 | $0 (0.0%) | +$200 (+6.3%) | $3,400 – $3,400 | 2 |
Median, P25, and P75 are asking rents from listings posted in March 2025. Changes compare against the nearest prior month with data.
Norwood Park vs. Chicago — March 2025
| Bedrooms | Norwood Park Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,400 | $1,521 | −$121 (-8.0%) |
| 1BR | $1,400 | $1,521 | −$121 (-8.0%) |
| 2BR | $1,650 | $1,850 | −$200 (-10.8%) |
| 2BR | $1,650 | $1,850 | −$200 (-10.8%) |
| 3BR | $2,500 | $2,475 | +$25 (+1.0%) |
| 3BR | $2,500 | $2,475 | +$25 (+1.0%) |
| 4BR | $3,400 | $2,923 | +$478 (+16.3%) |
| 4BR | $3,400 | $2,923 | +$478 (+16.3%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in March 2025.