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Norwood Park Rent Trends

Chicago, IL · July 2026 · rolling 3-month medians (lower-volume area)

Data through July 2026 · Last updated August 7, 2026 · Next release: early September 2026

Median asking rent
$2,050
Effective rent
$2,050
Vs. Chicago median
-18%
Avg days to lease
19
Active rentals now
14

Median asking rent over time

$1.8k$1.9k$2.0k$2.1kOct ’25Jan ’26Apr ’26Jul ’26
Asking rentEffective rent (after concessions)Concession spread

Source: MLS (leased rental listings) + Abode managed communities (Dynamics 365). Figures suppressed below 10 listings/month. Methodology

Data through July 2026 · Last updated August 7, 2026 · Next release: early September 2026

Norwood Park renting, answered

What is the average rent in Norwood Park?
As of July 2026, the median asking rent in Norwood Park is $2,050 per month, based on 14 leased listings.
Is Norwood Park more expensive than Chicago overall?
Norwood Park's median asking rent is 18% below the Chicago citywide median of $2,500.
How quickly do rentals lease in Norwood Park?
Over the last 90 days, rentals in Norwood Park leased in an average of 19 days, with 14 active listings on the market right now.

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