AbodeABODE

Norwood Park Rent Trends

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

Data through June 2026 · Last updated July 8, 2026 · Next release: early August 2026

Median asking rent
$1,850
Effective rent
$1,850
Vs. Chicago median
-26%
Avg days to lease
22
Active rentals now
16

Median asking rent over time

$1.7k$1.9k$2.0k$2.1kSep ’25Dec ’25Mar ’26Jun ’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 June 2026 · Last updated July 8, 2026 · Next release: early August 2026

Norwood Park renting, answered

What is the average rent in Norwood Park?
As of June 2026, the median asking rent in Norwood Park is $1,850 per month, based on 13 leased listings.
Is Norwood Park more expensive than Chicago overall?
Norwood Park's median asking rent is 26% 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 22 days, with 16 active listings on the market right now.

Thinking about Norwood Park?

A dedicated Abode agent who knows the block-by-block market — free for renters.