Monthly Rent Report
Norwood Park Rent Report — July 2025
Asking rents in ZIP 60646, Chicago, from 54 listings.
Median 1BR rent in Norwood Park was $1,300 in July 2025, down 35.0% (−$700) from June 2025 and down 13.0% year-over-year. The middle half of 1BR listings asked between $1,200 and $1,680. That puts Norwood Park $300 below the Chicago citywide 1BR median of $1,600. The month's figures are based on 54 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2025 | Vs. July 2024 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,300 | −$700 (-35.0%) | −$195 (-13.0%) | $1,200 – $1,680 | 5 |
| 1BR | $1,300 | −$700 (-35.0%) | −$195 (-13.0%) | $1,200 – $1,680 | 5 |
| 2BR | $1,935 | +$240 (+14.2%) | +$35 (+1.8%) | $1,788 – $2,050 | 19 |
| 2BR | $1,800 | +$105 (+6.2%) | −$100 (-5.3%) | $1,800 – $1,800 | 1 |
| 3BR | $3,100 | −$47 (-1.5%) | +$100 (+3.3%) | $3,100 – $3,100 | 1 |
| 3BR | $3,800 | +$653 (+20.7%) | +$800 (+26.7%) | $2,700 – $4,650 | 11 |
| 4BR | $3,800 | +$600 (+18.8%) | +$453 (+13.5%) | $3,500 – $3,850 | 11 |
| 4BR | $3,500 | +$300 (+9.4%) | +$153 (+4.6%) | $3,500 – $3,500 | 1 |
Median, P25, and P75 are asking rents from listings posted in July 2025. Changes compare against the nearest prior month with data.
Norwood Park vs. Chicago — July 2025
| Bedrooms | Norwood Park Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,300 | $1,600 | −$300 (-18.8%) |
| 1BR | $1,300 | $1,600 | −$300 (-18.8%) |
| 2BR | $1,935 | $1,961 | −$26 (-1.3%) |
| 2BR | $1,800 | $1,961 | −$161 (-8.2%) |
| 3BR | $3,100 | $2,500 | +$600 (+24.0%) |
| 3BR | $3,800 | $2,500 | +$1,300 (+52.0%) |
| 4BR | $3,800 | $3,044 | +$756 (+24.8%) |
| 4BR | $3,500 | $3,044 | +$456 (+15.0%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in July 2025.