Monthly Rent Report
Belmont Cragin Rent Report — February 2023
Asking rents in ZIP 60639, Chicago, from 147 listings.
Median 1BR rent in Belmont Cragin was $1,100 in February 2023, up 12.8% (+$125) from January 2023 and up 10.6% year-over-year. The middle half of 1BR listings asked between $1,009 and $1,154. That puts Belmont Cragin $300 below the Chicago citywide 1BR median of $1,400. The month's figures are based on 147 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2023 | Vs. February 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $925 | −$275 (-22.9%) | +$125 (+15.6%) | $900 – $1,200 | 17 |
| Studio | $825 | −$375 (-31.3%) | +$25 (+3.1%) | $825 – $825 | 1 |
| 1BR | $1,100 | +$125 (+12.8%) | +$105 (+10.6%) | $1,009 – $1,154 | 26 |
| 1BR | $1,225 | +$250 (+25.6%) | +$230 (+23.1%) | $1,225 – $1,225 | 1 |
| 2BR | $1,275 | −$200 (-13.6%) | −$125 (-8.9%) | $1,213 – $1,338 | 2 |
| 2BR | $1,400 | −$75 (-5.1%) | $0 (0.0%) | $1,200 – $1,500 | 66 |
| 3BR | $1,675 | +$75 (+4.7%) | −$525 (-23.9%) | $1,500 – $1,925 | 31 |
| 3BR | $1,500 | −$100 (-6.3%) | −$700 (-31.8%) | $1,500 – $1,500 | 1 |
| 4BR | $2,575 | +$675 (+35.5%) | +$775 (+43.1%) | $2,575 – $2,575 | 1 |
| 4BR | $2,575 | +$675 (+35.5%) | +$775 (+43.1%) | $2,575 – $2,575 | 1 |
Median, P25, and P75 are asking rents from listings posted in February 2023. Changes compare against the nearest prior month with data.
Belmont Cragin vs. Chicago — February 2023
| Bedrooms | Belmont Cragin Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $925 | $1,149 | −$224 (-19.5%) |
| Studio | $825 | $1,149 | −$324 (-28.2%) |
| 1BR | $1,100 | $1,400 | −$300 (-21.4%) |
| 1BR | $1,225 | $1,400 | −$175 (-12.5%) |
| 2BR | $1,275 | $1,695 | −$420 (-24.8%) |
| 2BR | $1,400 | $1,695 | −$295 (-17.4%) |
| 3BR | $1,675 | $2,188 | −$512 (-23.4%) |
| 3BR | $1,500 | $2,188 | −$687 (-31.4%) |
| 4BR | $2,575 | $2,393 | +$183 (+7.6%) |
| 4BR | $2,575 | $2,393 | +$183 (+7.6%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in February 2023.