Monthly Rent Report
Norwood Park Rent Report — August 2025
Asking rents in ZIP 60646, Chicago, from 70 listings.
Median 1BR rent in Norwood Park was $1,595 in August 2025, up 22.7% (+$295) from July 2025 and up 2.9% year-over-year. The middle half of 1BR listings asked between $1,400 and $1,638. That puts Norwood Park in line with the Chicago citywide 1BR median of $1,581. The month's figures are based on 70 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2025 | Vs. August 2024 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,250 | — | +$150 (+13.6%) | $1,250 – $1,250 | 1 |
| Studio | $1,250 | — | +$150 (+13.6%) | $1,250 – $1,250 | 1 |
| 1BR | $1,595 | +$295 (+22.7%) | +$45 (+2.9%) | $1,400 – $1,638 | 11 |
| 1BR | $1,348 | +$48 (+3.7%) | −$202 (-13.1%) | $1,224 – $1,471 | 2 |
| 2BR | $1,750 | −$50 (-2.8%) | +$150 (+9.4%) | $1,750 – $1,750 | 1 |
| 2BR | $1,800 | $0 (0.0%) | +$200 (+12.5%) | $1,613 – $1,900 | 26 |
| 3BR | $3,095 | −$705 (-18.6%) | −$55 (-1.7%) | $3,095 – $3,095 | 1 |
| 3BR | $3,100 | −$700 (-18.4%) | −$50 (-1.6%) | $1,988 – $3,450 | 20 |
| 4BR | $3,500 | −$300 (-7.9%) | +$250 (+7.7%) | $3,500 – $3,500 | 1 |
| 4BR | $3,500 | −$300 (-7.9%) | +$250 (+7.7%) | $3,500 – $3,500 | 6 |
Median, P25, and P75 are asking rents from listings posted in August 2025. Changes compare against the nearest prior month with data.
Norwood Park vs. Chicago — August 2025
| Bedrooms | Norwood Park Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,250 | $1,350 | −$100 (-7.4%) |
| Studio | $1,250 | $1,350 | −$100 (-7.4%) |
| 1BR | $1,595 | $1,581 | +$14 (+0.9%) |
| 1BR | $1,348 | $1,581 | −$233 (-14.8%) |
| 2BR | $1,750 | $1,880 | −$130 (-6.9%) |
| 2BR | $1,800 | $1,880 | −$80 (-4.3%) |
| 3BR | $3,095 | $2,475 | +$620 (+25.1%) |
| 3BR | $3,100 | $2,475 | +$625 (+25.3%) |
| 4BR | $3,500 | $3,180 | +$320 (+10.1%) |
| 4BR | $3,500 | $3,180 | +$320 (+10.1%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in August 2025.