Monthly Rent Report
Belmont Cragin Rent Report — March 2023
Asking rents in ZIP 60639, Chicago, from 182 listings.
Median 1BR rent in Belmont Cragin was $1,125 in March 2023, up 2.3% (+$25) from February 2023 and up 43.3% year-over-year. The middle half of 1BR listings asked between $1,036 and $1,200. That puts Belmont Cragin $271 below the Chicago citywide 1BR median of $1,396. The month's figures are based on 182 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2023 | Vs. March 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $898 | +$73 (+8.8%) | +$98 (+12.2%) | $795 – $1,213 | 16 |
| Studio | $750 | −$75 (-9.1%) | −$50 (-6.3%) | $750 – $895 | 5 |
| 1BR | $1,125 | +$25 (+2.3%) | +$340 (+43.3%) | $1,036 – $1,200 | 24 |
| 1BR | $1,600 | +$500 (+45.5%) | +$815 (+103.8%) | $1,600 – $1,600 | 1 |
| 2BR | $1,350 | +$75 (+5.9%) | +$355 (+35.7%) | $1,223 – $1,500 | 91 |
| 2BR | $1,575 | +$300 (+23.5%) | +$580 (+58.3%) | $1,575 – $1,575 | 1 |
| 3BR | $1,800 | +$125 (+7.5%) | −$150 (-7.7%) | $1,700 – $2,000 | 41 |
| 3BR | $1,850 | +$175 (+10.4%) | −$100 (-5.1%) | $1,675 – $1,850 | 3 |
Median, P25, and P75 are asking rents from listings posted in March 2023. Changes compare against the nearest prior month with data.
Belmont Cragin vs. Chicago — March 2023
| Bedrooms | Belmont Cragin Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $898 | $1,204 | −$306 (-25.4%) |
| Studio | $750 | $1,204 | −$454 (-37.7%) |
| 1BR | $1,125 | $1,396 | −$271 (-19.4%) |
| 1BR | $1,600 | $1,396 | +$204 (+14.6%) |
| 2BR | $1,350 | $1,698 | −$347 (-20.5%) |
| 2BR | $1,575 | $1,698 | −$122 (-7.2%) |
| 3BR | $1,800 | $2,200 | −$400 (-18.2%) |
| 3BR | $1,850 | $2,200 | −$350 (-15.9%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in March 2023.