Monthly Rent Report

Belmont Cragin Rent Report — April 2023

Asking rents in ZIP 60639, Chicago, from 190 listings.

Median 1BR rent in Belmont Cragin was $1,050 in April 2023, down 6.7% (−$75) from March 2023 and up 3.7% year-over-year. The middle half of 1BR listings asked between $950 and $1,238. That puts Belmont Cragin $375 below the Chicago citywide 1BR median of $1,425. The month's figures are based on 190 listings across 10 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. March 2023Vs. April 2022P25–P75 RangeListings
Studio$1,200+$303 (+33.7%)+$50 (+4.3%)$850 – $1,20013
Studio$1,200+$303 (+33.7%)+$50 (+4.3%)$850 – $1,20013
1BR$1,050−$75 (-6.7%)+$38 (+3.7%)$950 – $1,23835
1BR$950−$175 (-15.6%)−$62 (-6.2%)$950 – $9501
2BR$1,463+$113 (+8.3%)+$468 (+47.0%)$1,406 – $1,5192
2BR$1,350$0 (0.0%)+$355 (+35.7%)$1,200 – $1,45097
3BR$1,525−$275 (-15.3%)−$175 (-10.3%)$1,500 – $1,82523
3BR$1,500−$300 (-16.7%)−$200 (-11.8%)$1,500 – $1,5002
4BR$2,275+$780 (+52.2%)$2,275 – $2,2752
4BR$2,275+$780 (+52.2%)$2,275 – $2,2752

Median, P25, and P75 are asking rents from listings posted in April 2023. Changes compare against the nearest prior month with data.

Belmont Cragin vs. ChicagoApril 2023

BedroomsBelmont Cragin MedianChicago Citywide MedianDifference
Studio$1,200$1,195+$5 (+0.4%)
Studio$1,200$1,195+$5 (+0.4%)
1BR$1,050$1,425−$375 (-26.3%)
1BR$950$1,425−$475 (-33.3%)
2BR$1,463$1,725−$262 (-15.2%)
2BR$1,350$1,725−$375 (-21.7%)
3BR$1,525$2,300−$775 (-33.7%)
3BR$1,500$2,300−$800 (-34.8%)
4BR$2,275$2,597−$322 (-12.4%)
4BR$2,275$2,597−$322 (-12.4%)

Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in April 2023.

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