Monthly Rent Report
Norwood Park Rent Report — May 2025
Asking rents in ZIP 60646, Chicago, from 9 listings.
Median 1BR rent in Norwood Park was $1,600 in May 2025, flat versus April 2025 and up 6.7% year-over-year. The middle half of 1BR listings asked between $1,600 and $1,600. That puts Norwood Park $25 above the Chicago citywide 1BR median of $1,575. The month's figures are based on 9 listings across 6 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2025 | Vs. May 2024 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,600 | $0 (0.0%) | +$100 (+6.7%) | $1,600 – $1,600 | 1 |
| 1BR | $1,500 | −$100 (-6.3%) | $0 (0.0%) | $1,500 – $1,500 | 1 |
| 2BR | $1,800 | −$150 (-7.7%) | $0 (0.0%) | $1,800 – $3,250 | 3 |
| 2BR | $1,800 | −$150 (-7.7%) | $0 (0.0%) | $1,800 – $1,800 | 1 |
| 3BR | $4,700 | +$2,900 (+161.1%) | +$2,500 (+113.6%) | $4,700 – $4,700 | 1 |
| 4BR | $4,650 | +$1,150 (+32.9%) | +$900 (+24.0%) | $4,575 – $4,725 | 2 |
Median, P25, and P75 are asking rents from listings posted in May 2025. Changes compare against the nearest prior month with data.
Norwood Park vs. Chicago — May 2025
| Bedrooms | Norwood Park Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,600 | $1,575 | +$25 (+1.6%) |
| 1BR | $1,500 | $1,575 | −$75 (-4.8%) |
| 2BR | $1,800 | $1,900 | −$100 (-5.3%) |
| 2BR | $1,800 | $1,900 | −$100 (-5.3%) |
| 3BR | $4,700 | $2,200 | +$2,500 (+113.6%) |
| 4BR | $4,650 | $2,948 | +$1,703 (+57.8%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in May 2025.