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Norwood Park Rent Trends

Chicago, IL · October 2026 · median asking rents from leased listings

Data through October 2026 · Last updated November 7, 2026 · Next release: early December 2026

Median asking rent
$2,100
Effective rent
$2,100
Vs. Chicago median
-14%
Avg days to lease
28
Active rentals now
16

Median asking rent over time

$2.0k$2.0k$2.1k$2.1kJan ’26Apr ’26Jul ’26Oct ’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 October 2026 · Last updated November 7, 2026 · Next release: early December 2026

Norwood Park renting, answered

What is the average rent in Norwood Park?
As of October 2026, the median asking rent in Norwood Park is $2,100 per month, based on 11 leased listings.
Is Norwood Park more expensive than Chicago overall?
Norwood Park's median asking rent is 14% below the Chicago citywide median of $2,450.
How quickly do rentals lease in Norwood Park?
Over the last 90 days, rentals in Norwood Park leased in an average of 28 days, with 16 active listings on the market right now.

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